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1851-O 3CS MS65 NGC

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Price: $97,500.00   
Grade: MS65
Quantity: 1
PCGS Coin #: 3665
Last Update: 9/25/2021
Dealer:  (Terms) Minshull Trading (2)
SPECIMEN STRIKE. Unique as Certified. On the cusp of being labeled a full Branch Mint Proof. The Only New Orleans Mint Issue of the Denomination! Branch Mint Specimen Strike and Proof coinage represents the rarest of the rare in American numismatics. The Branch Mints were designed for one need only, to produce coins to demand for the regions they were in. That is why one almost never hears of the existence of a Branch Mint Proof or Specimen striking, because those Mints were neither asked to prepare such coinage and also lacked the equipment that Philadelphia had to do so. Record keeping was not perfect in those days. There’s no reason to suggest a Branch Mint Employee was required to write down on paper that a coin was prepared in a special manner. Their existence often leaves the coin world stunned without explanation, but many very well educated theories can be devised. The legendary late numismatist Walter Breen stated that just 4 Proofs were made of the Philadelphia Mint 1851 3 Cent Silver piece. The only notable mention of one of those coins selling was in a 2012 auction for a PCGS PR66 for $172,500. An important coin, but not nearly as important as a Branch Mint issue. With an 1827 10c NGC SP68 currently listed out there for more than $260,000 without the history of this piece we think this is an extraordinary relative opportunity at this value. Since the 1851-O is the first and only Branch Mint 3 Cent coin ever created, it is easy to theorize that a special ceremony must have ensued the moment this coin was made. While small, it packs rarity with a big punch. Its existence isn’t even known by many experts.

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