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Proof 1851 -O 3 Cent Silver ?

goldengolden Posts: 10,443 ✭✭✭✭✭
Stack's had an 1851-O 3 Cent Silver described as Brilliant Proof as lot 482 of their 1976 ANA Auction. It brought $7500 ( The 1976 Red book listed UNC. as $185 ) which meant it had to be very special. It was described as " Full glittering surfaces and a two-tone appearance overall. They also state that they had handled 3 in the past 25 years. Breen said in his Proof book that he had not seen the piece.
There was also one in the 1985 GNA Sale by Mid-American Rare Coin Auctions lot 167. It was listed as Choice Proof ( 63/63 ) and described as " Both sides exhibit full Proof surfaces and a needle-sharp strike. Previously lot 245 of their September,1984 San Diego Sale ". Price realized unknown.
PCGS has not slabbed any. I know that they are very reluctant to slab branch mint Proofs. NGC has not slabbed any either but have slabbed 3 in Prooflike ( a 63,a 64 and a 65 ).
Does anyone have any addition information on these coins?

Comments

  • oih82w8oih82w8 Posts: 13,031 ✭✭✭✭✭
    Branch proof coinage pops up every now and then, so it is not unheard of, just not common. NGC has slab proof-like coinage in the Seated and Barber series, but PCGS has/will not.
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

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  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I would love to see that coin.... Cheers, RickO
  • ScarsdaleCoinScarsdaleCoin Posts: 5,434 ✭✭✭✭✭
    A very rare coin indeed and I know where one is hiding
    Jon Lerner - Scarsdale Coin - www.CoinHelp.com
  • This content has been removed.
  • coinlieutenantcoinlieutenant Posts: 9,327 ✭✭✭✭✭
    What would be the occasion to produce a specimen trime in New Orleans in 1851?
  • goldengolden Posts: 10,443 ✭✭✭✭✭


    << <i>What would be the occasion to produce a specimen trime in New Orleans in 1851? >>



    The beginning of a new type.
  • lordmarcovanlordmarcovan Posts: 45,020 ✭✭✭✭✭
    This thread is useless without pix.

    Collector since 1976. On the CU forums here since 2001.

  • goldengolden Posts: 10,443 ✭✭✭✭✭
    The 1976 Stack's picture is so small and of such a poor quality that it is useless in determining anything. The 1985 Mid-American picture is larger and better but it is still of poor quality. It does show reflective surfaces. I was at both auctions but did not view either piece.image
  • yosclimberyosclimber Posts: 5,287 ✭✭✭✭✭
    Other possible instances in the PCGS Auction Prices Realized:
    May-1995 $22,000 MS NONE Stack's Milas, Shasky, Chesapeake, & Weller 49 Possible Proof (possible Proof)
    Oct-2003 $7,475 PR NONE Stack's 68th Anniversary Sale/Rothschild 1121
    Unfortunately no photos linked.
  • Interesting article about the 3 cent piece from the New York Times in 1883.
    http://query.nytimes.com/mem/archive-free/pdf?res=9C04E2DB163AEF33A25751C0A96F9C94629FD7CFlink
  • goldengolden Posts: 10,443 ✭✭✭✭✭


    << <i>Interesting article about the 3 cent piece from the New York Times in 1883.
    http://query.nytimes.com/mem/archive-free/pdf?res=9C04E2DB163AEF33A25751C0A96F9C94629FD7CFlink >>



    Interesting article.
  • CoinosaurusCoinosaurus Posts: 9,652 ✭✭✭✭✭
    This coin matches the 1851-O proof S$1. Undisputed proofs, both of them image
  • roadrunnerroadrunner Posts: 28,371 ✭✭✭✭✭
    I attended that sale and also did not view that trime. But the coins I did view would suggest that today, that $7500 on the trime would be equivalent of $100K to $150K today. I doubt very much it fetches anywhere near that amount today....not w/o a top tier TPG agreeing.

    The photo from the 1976 ANA catalog gives the "impression" the trime is not fully struck. The New Orleans mint wasn't striking very many silver coins in 1850-1852 either, even less reason to make a specimen. And 1851 was the only year the NO mint struck trimes. 1851 New Orleans seated coins generally don't come fully struck. About the only ones that you sometimes see sharply struck are the halves. I owned one once (MS63 semi-PL, in very high relief, almost of specimen detail, but signs of rusted dies). Half dimes, dimes, and quarters generally all fall well short.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • AnalystAnalyst Posts: 1,438 ✭✭✭

    YosClimber: <<Oct-2003 $7,475 PR NONE Stack's 68th Anniversary Sale/Rothschild 1121>>

    It should not be surprising to any of us that YosClimber continually shows himself to be an astute researcher. Yes, it is believed that this is the same 1851-O that was sold in 1976. I saw it in 2003. It is not a Proof, IMO.

    Jon: <<A very rare coin indeed and I know where one is hiding.

    Is there any chance that Jon is thinking of the Eliasberg 1851 Philadelphia Mint Trime?

    I wrote an article about it. For a few reasons, I cannot summarize this article in a post to this forum. Please read:

    The Most Valuable Three Cent Silver

    Curiously, the Carter-Lustig-Cardinal-Morelan 1794 dollar is a little bit relevant to the Eliasberg 1851 Philly Mint coin, not to the 1851-O mentioned in the OP. Special kinds of die finishing work relate to the status of a coin.

    Incredible Carter 1794 silver dollar

    insightful10@gmail.com
    "In order to understand the scarce coins that you own or see, you must learn about coins that you cannot afford." -Me

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