Lot 1723
Important 1874 Proof $3. PCGS graded Proof 64. With a mintage of just 20 Proofs this year, the collector of these exotic rarities has precious few pieces from which to choose. NGC has decided to call the five coins submitted to it 62, 64 (one cameo), and 65 (both cameo). PCGS, which has graded this lovely coin, has seen 14 (amazing--out of 20 coined), of which it called 3 of them 65, 8 of them PR64, one 63, and then a couple of impaired ones. PCGS does not put the CAM designation on its holders. This particular coin has moderate cameo contrast, which is more dramatic when viewed in normal light. Of the 14 graded, how many represent resubmissions? In any event, the presently offered specimen isn't far from the top of the list. It is bright and pretty, with an old-gold look to it. Holding it sideways, you notice a very thin pinscratch vertically in front of the portrait. This is invisible except when hunted for. In other words, the grade is fair, but the coin is beautiful. It's worthy of strong consideration if you're seeking a lovely example of this rarity.
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