Goldberg Coins and Collectibles



Sale 70


 
 
press UP arrow key to increase the zoom ratio.
press DOWN arrow key to decrease the zoom ratio.
press RIGHT arrow key to increase the zoom window size.
press LEFT arrow key to decrease the zoom window size.

Lot 2057

1879. NGC graded MS-63 Prooflike. CAC Approved PQ. Sometimes the mysteries of the $3 series are beyond solution, and this is the case with the 1879. The mintage is officially posted at 3,000 coins, from which might be subtracted some pieces held back at the Mint and melted. Who knows? In any event the survival rate is much less than one would suppose for that figure, assuming that the true distribution of the 1879 is in the range of 800 to 1,000 pieces. Today we estimate that just a couple of hundred exist in all grades. Beyond that, among known Mint State pieces more than just a few have problems.

The present piece is exempt from such comments. There are some evidences of contact here and there and a bit of weakness, as struck, at the lower areas of the wreath involving the ribbon bow (as is often the case since this is a high point on the design). Overall, the appearance is quite beautiful. The strike is significantly above average on the obverse and the remainder of the reverse is also above average. Only the most attentive observer would even know that the tiny vertical lines separating the ribbon knot are lightly struck, as on the vast majority of other $3 gold coins. Eye appeal, rarity, and desirability meet in this one 1879 $3 gold piece. Certainly it will attract a great deal of attention when it crosses the block. Pop 4; 14 finer, 1 in 63 Star, 12 in 64, 1 in 65 Star (PCGS # 8001) .
Estimated Value $6,000 - 6,500.
The Dandelion Collection.


 
Realized $7,705
 



Go to lot:  


Home | Current Sale | Calendar of Events | Bidding | Consign | About Us | Contact | Archives | Log In

US Coins & Currency | World & Ancient Coins | Manuscripts & Collectibles | Bonded CA Auctioneers No. 3S9543300
11400 W. Olympic Blvd, Suite 800, Los Angeles CA 90064 | 310. 551.2646 ph | 310.551.2626 fx | 800.978.2646 toll free

© 2011 Ira & Larry Goldberg Coins & Collectibles, All Rights Reserved
info@goldbergcoins.com