Silver Three-Cent Piece

1867 Silver Three-Cent Piece. Proof-66+ (PCGS). CAC.

A sparkling Gem Proof with beautiful sea-green and champagne-gold toning across both sides. Sharply struck with considerable frosting across the obverse devices. Just 8 coins have been graded finer by PCGS in this category, and approval by CAC surely emphasizes this superior quality. Yearly Proof production for the Type III design was generous at first as the Mint anticipated strong demand from contemporary collectors in response to its early efforts at marketing these specially produced coins. After 1861, however, yearly mintages fell off significantly and fluctuated from a low of 460 coins in 1863 to a high of 1,000 pieces in 1870. The 1867 was produced to the extent of 625 Proofs, all of which were distributed as part of the year's silver Proof sets. Survivors enjoy heightened demand in today's market due to the low mintage, key date status of the year's circulation strike (just 4,000 coins produced). In Gem Proof, as here, the 1867 is rare from a condition standpoint. Indeed, this beautiful specimen ranks among the finest known.

PCGS# 3717. NGC ID: 27CD.

PCGS Population: 5; 8 finer.

Estimate: 5000