1881. NGC graded Proof 65 Cameo. A mangificent brilliant gem cameo proof, totally untoned and glittering with brilliance. Only 54 struck. The mintage of Proofs is now confirmed, though various catalogers and firms over the years have given the mintage as low as just 15 to 20 pieces (Thomas L. Elder, May 1937). As the Bowers reference on the series notes, "Walter Breen found the quantity to be 54, as used here, from the records of the Chief Coiner at the Mint." Interestingly, at the time the Bowers reference was printed, 2005, the combined populations at NGC and PCGS totaled 77 proofs for the date, absolute evidence that many resubmissions have occurred for this rarity. A glittering, brilliant proof with exquisite eye appeal including frosty motifs and deeply reflective fields that bring into being a significant cameo contrast. Vibrant surfaces come alive with the golden color. Remarkably attractive and an important three dollar proof gold issue. Pop 9; 3 finer in 66 (PCGS # 88045) . Estimated Value $20,000 - 24,000. Categories: $3 Gold
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