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Sale 78
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Lot 1747
1886. PCGS graded Proof 65 PQ. CAC Approved. Housed in an Old Green Holder. Only 142 minted. Lovely golden toning. A blazing gem. A masterpiece of numismatic art, and a Proof Three-dollar coin whose nearly flawless yellow-gold surfaces sparkle with a grand display, stunning brilliance. Besides which, the sleek and detailed devices provide remarkable, indeed acute offset by their razor-sharpness. We have noted before when auctioning Proof $3 gold pieces from this year, this Gem specimen is struck with scientific precision on all points of the design.
The Proof mintage for the 1886 $3 is listed at 142 pieces, was we said, which is higher than in earlier years in the series due to increasing sales to collectors during the 1880s decade. In the region of half of the original mintage is said to survive as identifiable Proofs. Only a small portion of that number, however, can compare with such a splendid state of preservation, fewer still with the sterling detail displayed by this beautiful coin. Pop 9; 1 finer in 66 (PCGS # 8050) .
The year 1886: On June 2, Grover Cleveland, the 2nd bachelor to be elected President (the other was James Buchanan), succumbed to matrimony and became the 1st Chief Executive to be married in the White House. In the Blue Room, he was wedded to his ward, the daughter of his deceased onetime law partner, 21-year-old Frances Folsom. Cleveland was 27 years older than his bride. The marriage lasted 22 years, until his death at the age of 71. The Clevelands had 5 children.
Estimated Value $25,000 - 28,000.
Ex: Superior Feb. 1994 Auction Lot 2400.
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| Realized $58,750 |
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