Lot 1267
The Extremely Rare 1875 $3 Gold PCGS Graded Proof 60. PCGS graded Proof 60. A classic rarity in any grade, the 1875 is only available in Proof condition. None were struck for circulation. The Philadelphia Mint only struck 20 of these, with perhaps a few more struck later as restrikes (See Breen). This coin appears to be one of the originals, as it has the die characteristics of the first group struck. Apparently most of the original 20 were lost, as PCGS has only graded 5 coins, one that slipped into circulation as an EF 45, this coin and three graded higher. A glass will note some very minor dull marks on Liberty's face, and the fields show the familiar hairlines expected on a Proof 60 coin. The color is a pleasant orangy-gold tone, with reflective mirroring and nicely contrasted devices. There are a few similar dull scrapes on the left side of the reverse wreath, but they are hidden by the busy devices and a glass is needed to detect them. This is a fabulous rarity and one that is seldom offered in any grade, so don't expect to find a better one anytime soon. You may be waiting years and years. With the price of gold being so low for so many years, what could be a better time to put this date away?
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| Realized $52,900 |
