1867 Silver Three-Cent Piece. Proof-67 Cameo (PCGS). CAC.This beautiful Superb Gem silver three-cent piece features warm multicolored patina on both sides. The strong field to device contrast readily upholds the Cameo designation from PCGS. Fully struck and expertly preserved, this premium quality coin is sure to see spirited bidding at auction.Introduced in 1859 and remaining in use through the series end in 1873, the Type III silver three-cent piece differs from its Type II predecessor by having only a single outline to the obverse star. The Type II design has two outlines to the star, while both types feature a olive sprig above and a group of three arrows below the Roman numeral III on the reverse. 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 years silver Proof sets. Survivors enjoy heightened demand in todays market due to the low mintage, key date status of the years circulation strike (just 4,000 coins produced). In Superb Gem Cameo Proof, as here, the 1867 is rare from a condition standpoint. Indeed, this beautiful specimen ranks among the finest known to PCGS, and it is worthy of the strongest bid.From the High Rise Collection.
