$3 1855-S proof coin highlights Heritage's Golden Gate Collection

paulfrasercollectibles

2015-06-26 12:28:29

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$3 1855-S proof coin highlights Heritage's Golden Gate Collection

Three rare 1855-S proof coins will be the star attractions at Chicago in August

A trio of 1855-S proof coins from the Golden Gate Collection is expected to excite alternative investors at Heritage Auctions' upcoming Chicago Signature US Coin & Platinum Night Auction.

The August 11-12 event will include the possibly unique $3 PR64 NGC CAC, which is sure to interest many high end collectors.

The front of the $3 coin has the outward appearance of a Philadelphia Mint proof. Turn the coin over, however, and the 'S' mintmark on the reverse elevates this coin into a whole other realm. This is a supreme rarity and is expected to garner a price to match.

The all important 'S' highlights this coin as extremely valuable

While the $3 1855-S is drawing the majority of the attention from the top echelon of numismatists, the coin is being offered along with two other important 1855-S proofs: an 1855-S 50C Arrows PR65 NGC and an 1855-S 25C Arrows PR64 NGC.

The 1855-S Seated Liberty Half Dollar, PR65 is one of just two known proofs and the only currently available specimen.

The 1855-S Seated Liberty Quarter, PR64 NGC is equally alluring as a unique branch mint proof, believed to be the first-struck San Francisco Mint quarter dollar.

In its 1965 sale of the Grant Pierce Collection, Stacks called this quarter dollar "one of the most interesting pieces of Americana sold in this century".

Heritage is hoping the auction with pave the way for big sales in the second half of the year, with its Rubicon Collection auction in September expected to be particularly enticing.

Make sure you check back with Paul Fraser Collectibles to read the report on these tantalising events.

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