LOT Old Heritage Auctions  /  2008 February Long Beach Signature Coin #460  / 

2444

1880 $3 PR65 Cameo NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:32,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1880 $3 PR65 Cameo NGC
<B>1880 $3 PR65 Cameo NGC. CAC.</B></I> The mintages of the 1880 three dollar are compellingly low. A mere 1,000 business strikes were coined, and proofs are even rarer, with a tiny emission of 36 pieces. In 2005, Q. David Bowers and Douglas Winter estimated that 24 to 30 proofs escaped the smelters. Walter Breen, in his 1988 Encyclopedia, was typically less conservative, and stated, "possibly 20 survive." It is impossible to estimate survivors from published third party population data, due to numerous resubmissions over the past 22 years.<BR> For the 1880, proofs are readily distinguished by a pair of raised die lines that intersect beneath Liberty's eye. The fields are generally glass-like, but the lower reverse is moderately matte-like, as produced. Honey-gold overall, with a tiny tan freckle above the second S in STATES and a minute area of carbon on a reverse denticle at 10:30. Census: 3 in 65 Cameo, 2 finer (1/08).<BR><I>From The Southwest Collection.</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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