1877 $3 PR66+ DCAM
edwardjulio
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Any forum members have estimate/guesses for final auction price for this example? Stacks/Bowers Rarities Night.
PCGS POP 3/0
PCGS PG $155,000
Current bid $8,500
Auction Record DCAM $64,625 01/2013
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My My, what a beauty!
At current bid I would pick her up in a heartbeat. But at realistic prices, I will just have to admire the photo.
This is too far outside my area to even venture a guess.
based on looking at auction prices across multiple years in both CAM and DCAM, I would not be surprised for this coin to approach $100k with buyer's fee
If the price guide is $155k, then I’ll say it goes for 1$172k with buyer’s premium.
This guess is expertly based on…
absolutely nothing.
Well, well, well that is a beauty. I would guess that this one goes for right around the estimate @ShaunBC5 says for no reason at all. I do guess with the way the market has been and a lack of auction opportunities for this coin in general will drive up the price considerably.
Coin Photographer.
Probably $120,000 with the buyers' fee. Not having a CAC sticker might prompt a few people to pass.
@BillJones - The current CAC POP indicates 2 stickered 66 DCAM with a Price Guide of $151,800, so it might sell for less than CAC Guide. Will be interesting to see if less and how much.
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Beautiful!
Hard to say. There are two CAC 66’s DCAM but we don’t know if they have a plus.
Which would you value higher, assuming it is the same exact coin, the 66+ DCAM no sticker or the 66 DCAM CAC?
So does anyone think it was just the scratch on the cheek that kept it from grading higher?
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I'd have to sell everything and my wife to afford that
O, wait a minute, I don't have a wife...........
Mike
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That is a beautiful gold coin... I always wonder how coin that old managed to stay in such pristine condition. Cheers, RickO
A true stunner.
Pure beauty at its finest.
Wayne
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Assuming equal eye appeal, I would usually pay more for the base grade with the sticker; however, when the plus puts you in top pop and you are a registry collector aiming for a top spot, I would probably go the other direction and lean in the direction of the plus grade. I'm sure opinions vary on this.
I would prefer base grade with the CAC- on a related note, there are lots of these pieces entering the market currently:
6 days from now at GC:
Next week at Stacks:
Heritage in May:
I count at least 25 proof $3 gold pieces to be auctioned off over the next 6 weeks- 1 at GC, 21 at Stacks and 3 at HA. If you need one for your type set now may be the time, even though proof gold (all gold really) is hot now!
Wait a minute, no wife.... You should be able to afford three...
It appears to be on the plastic, not the coin.
peacockcoins
@RYK - Valuation will most likely be difficult. 20 examples were struck in 1877, but 27 Proofs (all designations) show on the Population Reports, 13 at PCGS and 14 at NGC. John Dannreuther estimated in 2018 an extant population of 12-14 examples. If I was pursuing this one, I would most definitely secure representation from a specialized dealer.
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Personally, I think it was the spot in the hair that held it back. The scratch is rather minor, but it is gold colored so I do think it’s on the coin. There’s probably also hairlines we can’t see in the photos.
Coin Photographer.
That is a most interesting observation. Going with the average of John's estimation, with 13 actual specimens existent we have an artificial population of 27. Using that as a guideline one might well just cut in half the combined population figures for any coin to arrive at an actual real number of existent coins.