1873 $3 Closed 3 MS (PCGS# 7995)

2009 September Long Beach, CA Signature US Coin Auction #1129

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    Heritage Auctions
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Lot Description
1873 $3 Closed 3 MS61 PCGS. Ex: South Texas. The 1873 is an impressive rarity, whether it is a Closed or Open 3 variant. The Open 3 coins are seldom encountered, with only 25 pieces believed struck. The Closed 3 date had an estimated mintage of 1,000 coins, which pales in comparison to its Open 3 counterpart, yet is still a significant absolute and condition rarity in the three dollar series. Both of the major grading services have only certified eight coins in MS61 with five finer (8/09), minus an uncertain number of resubmissions. The fields on this piece show the expected reflectivity and there is a significant amount of contrast apparent against the frosted devices. The striking details lack a bit of high point detail and each side shows numerous small abrasions that account for the grade.
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