Lot 2114
1883 PCGS graded Genuine. Spots removed. Only 989 struck. Our grade is MS62. Lovely light gold toning with mirror surfaces. A nice coin, and one of the most sought-after years for its exceedingly low mintage. In order to discourage speculator demand for the few Proofs that were struck each year, the Mint decided to issue some commercial strike $3 gold pieces even there was no demand for them. This continued until 1889 when the $3 denomination was abolished per the terms of the Coinage Act of 1890 (PCGS # 8005) .
Estimated Value $3,500 - 4,000.
The Dr. Charles Richman Collection.
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| Realized $4,830 |
