Goldberg Coins and Collectibles

Sale 78

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Lot 1748

1886. PCGS graded Proof 63 Cameo. CAC Approved. Only 142 Proofs struck for this rare low mintage date. Breen 2 (in Proofs book). Similar obverse to 1885, but lower half of R clear, no outlines on AM. Extra outline on bust point. Die polish on neck near lower curls. Most dentils joined. Reverse. Closed 6. Right upright of 1 below left foot of L; date slants down slightly to right. Extra outlines within and around 3 except at base, and on right ribbon end and tops of LAR. Dentils mostly joined; extra outline about 3:00-5:00.

One of only 142 made: 25 in February with the sets, 22 in March, 13 in May, 28 in September, 54 in December. Possibly half the recorded mintage survive, some impaired.

One of the popular late-period $3 Gold Proofs, and no doubt one that lot viewers will remark is 100% accurately graded. Some examples show little or no cameo contrast. The surfaces are choice, the usual signs of light hairlines that accord with this grade; however, close examination will find only faint evidence of these. Beautiful brisk gold in color, with perfectly struck devices and each is nicely frosted, as noted, providing impressive cameo qualities. This coin is clearly one of the very choicest in its class. Pop 5; 11 finer, 3 in 64, 7 in 65, 1 in 66 (PCGS # 88050) .
Estimated Value $10,000 - 12,000.
Ex: Purchased from Jerry Cohen in the early 1980's The Del Valle Collection.

Realized $16,450

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