1850 3CS J-125 PR(PCGS#11536)

1850 3CS J-125 PR (PCGS#11536)

The Regency Auction 51

Lot Description: FROM THE GLORIOUS PATTERN COLLECTION. A fantastic JEWEL! We love this issue, and this near-GEM is an old friend, last sold in our Regency Auction XXV as part of the Ipswich Collection. What a gorgeous coin! What a neat design, the obverse borrowed from contemporary Mexican silver coins, with a Liberty cap superimposed on a burst of sunrays. The reverse has a palm branch that forms a wreath around the denomination III. Struck in silver with a plain edge, this variety is considered to be Rarity-4, with an estimated 76-200 struck. The eye appeal is fabulous! The mirrors are bold and have a really strong reflection. They are also quite clear. A beautiful mix of totally original deep golden brown/pale blue/russet/forest green swirl all over. Every detail is sharply struck and does stand out. There are NO serious imperfections, only using a strong glass we can see a few scattered light wispy lines, accounting for the assigned grade. PCGS 16, NGC 7, CAC 8. There are two in PR64+ at PCGS and the other example was the Simpson coin, that brought $5,760 in February 2021. The current PCGS Price Guide value is listed at $6,000 and there are only four graded higher at PCGS, none of which have beaned at CAC. This is an important opportunity for the advanced three cent silver collector or someone collecting interesting pattern types. Regardless of what type of collector you are, you will find something to love with this one. Cert. Number 34347901 PCGS # 11536