Lot 2406
1860 $3 Gold. NGC graded Proof 66 Cameo. Offered here is one of the very finest 1860 Proof three dollar pieces graded, an enchanting high-grade bold-cameo rarity that we are delighted to have the opportunity to view and describe for you. Rich deep orange toning crossing both sides is highlighted by pleasing blushes of soft pale rose iridescence. The fields are nearly immaculate, though a few trivial lines from handling over the years account for the grade. A few minimal lintmarks, artifacts which stand as reminders of the careful attention paid by mint employees to the condition of Proof dies, are noted in the fields as well. The devices are sharp, frosted, and utterly glowing. If a guess had to be made, we estimate that as few as 10 to perhaps 12 Proofs exist at all levels. Even this figure may turn out to be on the high side. PCGS Pop 2; None finer. NGC Pop 2; None finer. Only 119 proofs minted.
Over the years auction records show fewer of this date than of the more talked-about 1875 key! Purely and simply, this superb gem stands high on its own merits, its desirability is enhanced by the general rarity of the 1860 in circulation strike form, since few gem Uncirculated pieces exist either.
Recent sales include multiple returns of only a few specimens: (1) Heritage 1/2005:30432, PCGS PF64 (2) Heritage 1/2005:30433, NGC PF66 Cameo #1716198-007 (3) ANR 8/2004:977, NGC PF66 Cameo, unsold (4) Heritage 8/96:8260, PCGS Proof 64, unsold (5) Larry & Ira Goldberg 6/2000:833 PCGS Proof 64 "planchet void beneath N of UNITED" (6) Superior 11/2004, NGC Proof 66 Cameo #1716198-007.
Estimated Value $45,000 - 50,000.
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| Realized $51,750 |
