Lot 1726
Highest Graded 1883 $3 Gold Proof! NGC graded Proof 67 CAM. Longacre's design for the three-dollar gold is perhaps best illustrated by the Proof issues. In this late year, 1883, a mere 89 Proofs left the mint, and they were sometimes especially well made, with cameo contrast to the Indian Princess and to the wreath as well.This coin is a splendid example, having that orange-peel quality to the fields which is so highly prized, and of course the cameo appearance. It is also the highest graded coin of its date! PCGS has graded 3 PR66 pieces, none higher. NGC has graded just this one PR67. Worth a very strong bid, and clearly a standout among its elegant type.
Among the numerous advances made by the United States in this year, as well as commercial breakthroughs such as the opening of the Brooklyn Bridge which began to link New York's boroughs into one mighty city, possibly of greatest significance was Congress's authorization of funds to build the first steel-construction cruisers, which was the start of what came to be known as the Steel Navy--crucial to America's transformation into a major world power a scant two decades later. Here is a great coin made in the very same year.
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