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1881 $3 PR65 Cameo PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1881 $3 PR65 Cameo PCGS.
1881 $3 PR65 Cameo PCGS. The 1881 is a well known rarity due to its extremely low mintage (even by three dollar standards) of just 500 business strikes and 54 proofs. Of the 54 specimens struck, the number of surviving pieces is estimated to be about half of the original production. Proofs of this date, while diagnostics are well documented, have the unusual trait of showing just a bit of cartwheel in the fields. They also are among the best preserved of all threes with only a few that are noticeably impaired. Taglione (1986) was of the opinion that "1881 Proofs rank amongst the best preserved of the series and there are some really exceptional specimens of this date...I would dare claim that it is distinctly possible (likely?) that there are more high quality Proofs known than counterpart business strikes. Certainly from a market availability standpoint, Proofs of 63 or better quality enter the market much more frequently than business strikes at that numerical grade level." However, to further complicate matters, Akers (1979) states: "...deceptive first strikes exist that are virtually indistinguishable at first glance from actual proofs. Close inspection reveals the differences, however. On the business strikes, the date is level and the numerals are directly between the corresponding letters. Also, on the proofs, the outside row of dots of the tassel at the right side of the wreath above the 3 appear detached from the rest, whereas on the business strikes they are clearly connected. I can say that in the case of the 1881, I have seen several proofs called first strike uncs!" The Gem quality representative offered here is certainly among the finer pieces extant of this elusive date, with a hint of dappled haziness over glassy, boldly contrasting surfaces. Under light magnification, a wispy lintmark is noticed in the left obverse field before Liberty's mouth, the only noticeable interruption in the impeccable fabric of this well preserved 1881 proof. Population: 1 in 65 Cameo, 1 finer (10/03). Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.