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1862 $3 Gold PCGS Proof 64

Currency:USD Category:Coins & Paper Money / US Coins Start Price:100.00 USD Estimated At:100.00 - 1,000,000.00 USD
1862 $3 Gold PCGS Proof 64
<b>1862 &#36;3 Gold. PCGS graded Proof 64.</b> Without much difficulty an argument could be made that the usual estimate of 12 to 16 Proofs known today is too generous. Here, without question, is a Proof which is a great rarity in any state of preservation. At the very choice Proof 64 grade level offered here it is especially desirable.

Both PCGS and NGC certification services have seen fewer than 20 coins in all grades, a total that is lower than that for other Civil War era rarities such as the 1863, 1864, and 1865. Grade-resubmittals are common with Proof gold pieces. Also, it may be than an unknown portion of the 35 Proof &#36;3 gold pieces struck in 1862 were later melted as unsold, while others may have been spent in later years. Most survivors grade Proof 64, a fact that straight away confirms a rare status for the present coin. In closing, the 1862 issue is important because the similarly business strike &#40;a mere 5,750 pieces produced&#41; is almost never offered in Gem grades.

A GORGEOUS PROOF 1862 THREE-DOLLAR GOLD PIECE <b>&#40;PCGS # 8025&#41;</b> <i>
The Stanley Kanney Collection.</i>

Our item number 117751