Goldberg Coins and Collectibles

Sale 48

Lot 1235

1860 $3 Gold. NGC graded Proof 66 Cameo. In NGC holder 1716980-007. A Superb Gem Proof example glittering with rich uniform golden sunset color. Only 36 Proofs struck (although the Red Book gives a figure of 119 pieces). Offered here is one of the three finest 1860 Proof three-dollar pieces graded, an exhilarating high-grade find that we are delighted to have the chance to offer. The deep toning spans both sides with its highlights of iridescence. The fields are as close to pristine as any numismatist could ask for, though a few trifling lines account for the grade. Many 1860-dated Proof gold pieces in various denominations show minting artifacts such as lint marks or impurity inclusions which stand as reminders of the uncertain attention paid by mint employees to the condition of these in the first few years. We are pleased to report that this lovely Proof 66 escaped such conditions, and the fields are immaculate. The devices are reasonable sharp, satiny, and lustrous with only minor design softness on the ribbon's bow (a characteristic weak spot, even on some of the best made Proofs). Today, we estimate that as few as 10 to perhaps 12 Proofs remain in all grades.

This superb gem stands high on its own merits. The date's high regard is furthered by the rarity of the 1860 in business strike form since very few Gem Mint States exist either. Therefore, when this splendid bold gem Proof 1860 $3 gold piece appears, we want everyone to appreciate what we see in it, for this opportunity may not soon be repeated. Pop 3; none finer (PCGS # 88023) .
Estimated Value $65,000 - 75,000.

Realized $69,000

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