UNIQUE NGC SPECIMEN 64 $5 1873 Closed 3 Exp Finish

Description: CONTACT US | OTHER AUCTIONS Mike Byers is a World Renowned Expert on U.S. & World Major Mint Errors and an Award Winning Author He literally "wrote the book" World's Greatest Mint Errors, which received the Numismatic Literary Guild's award for Best World Book. He is the publisher & editor of Mint Error News Magazine & Website which is widely regarded as the most informative and comprehensive resource for Major Mint Errors. He was an ANACS consultant for Major Mint Errors and has written articles for the Coin Dealer Newsletter. Mike Byers and his discoveries have been featured on the front page of Coin World numerous times. Mike Byers Inc carries a multi-million dollar world class inventory of major mint errors, die trials and numismatic rarities. His extensive personal collection of major mint errors is being authenticated and certified by NGC and designated on the insert as THE BYERS COLLECTION. UNIQUE SPECIMEN: $5 1873 Closed 3 Experimental Finish NGC SP 64 NGC has certified this unique 1873 Closed 3 Five Dollar gold piece as a Specimen strike. It is the only such piece certified by either PCGS or NGC. It has the visual characteristics of a highly contrasted cameo proof, yet was struck from circulation dies. It is the Closed 3 variant (as are all proof strikes for the issue). High grade mint state examples are very rare and proofs are extremely rare. There was considerable controversy after the coinage of 1873 was struck with the closed 3. Harry Boosel researched and wrote a book on the closed 3 coinage and the issues regarding the redesigning of the dies with an open 3 which resulted in the public being able to see that the coin was struck in 1873 and not 1878. This unique 1873 $5 Closed 3 Specimen strike has an experimental finish and is a hybrid between a proof and a mint state coin. It has deep reflective fields and frosted devices with minimal contact marks. It was obviously made with precision and special care since there are die polish lines visible on both sides. According to the Numismatists at Heritage Auctions, "unlike regular proofs, there is no polish seen between the shield stripes, and the second vertical line of stripe 2 does not extend into the horizontals above, diagnostic of the 1866A proof reverse used until 1880. This coin may have been a one-off special strike requested by Mint Director Linderman, or a trial strike prior to implementation of the Open 3 dies." This conclusively proves that this specimen strike was from specially prepared mint state dies that created a specimen with the appearance of a proof. No Proof or Specimen strikes are known of the Open 3 type. This coin possesses an irresistible combination of high technical quality, absolute rarity, and terrific eye appeal. There are very few United States gold coins that have been authenticated and certified as specimens. An 1853 New Orleans $10 Liberty certified Specimen 61 by NGC sold in August 2010 for $316,250. A 1907 Denver $20 Liberty certified Specimen 66 by PCGS (1 of 4 known) sold wholesale for $400,000. A 1795 $5 Heraldic Eagle was certified Specimen 64 by NGC. An 1856 New Orleans $20 certified Specimen 63 by both PCGS and NGC recently sold in a private sale for $1.8M. An 1800 $10 was certified Specimen 65 by NGC. A 1921 $20 St. Gaudens sold for $1.4M prior to being certified Specimen 64 by NGC. Even a relatively common 1900 $20 Liberty authenticated and certified by NGC Specimen 66 sold for $87,000 in a Heritage Auction. Another unique specimen gold piece which I handled is the famous 1843 Dahlonega $5 Liberty struck as a specimen and authenticated and certified by NGC as SP 65. This 1843 half eagle was struck at the Dahlonega Mint and is the only known or certified specimen or proof Dahlonega gold piece of any denomination. This coin is graded an impressive Specimen 65 by NGC, which is a rare designation by both NGC and PCGS. Heritage Auctions sold my 1843-D $5 Specimen 65 NGC for $282,000 in the April 2015 CSNS US Coins Signature Auction. This is a great opportunity for a serious and advanced collector of U.S. gold coins to acquire this unique specimen for a world-class collection. According to the Numismatists at Heritage Auctions, "unlike regular proofs, there is no polish seen between the shield stripes, and the second vertical line of stripe 2 does not extend into the horizontals above, diagnostic of the 1866A proof reverse used until 1880." Proof Shield (left), Specimen Shield (center), Mint State Shield (right) The 3 in the date was originally almost 'closed' creating confusion, since it looked like an 8. After re-designing the die with a different 3 that was 'open' more coins were struck at the Philadelphia Mint. Featured on the cover of Mint Error News Magazine Issue 68: There was considerable controversy after the coinage of 1873 was struck with the closed 3. Harry Boosel researched and wrote a book on the closed 3 coinage and the issues regarding the redesigning of the dies with an open 3 which resulted in the public being able to see that the coin was struck in 1873 and not 1878. Another unique specimen gold piece which I handled is the famous 1843 Dahlonega $5 Liberty struck as a specimen and authenticated and certified by NGC as SP 65. This 1843 half eagle was struck at the Dahlonega Mint and is the only known or certified specimen or proof Dahlonega gold piece of any denomination. This coin is graded an impressive Specimen 65 by NGC, which is a rare designation by both NGC and PCGS. Heritage Auctions sold my 1843-D $5 Specimen 65 NGC for $282,000 in the April 2015 CSNS US Coins Signature Auction. This half eagle is listed in the Encyclopedia of U.S. Gold Coins 1795-1933 by Jeff Garrett and Ron Guth. Here is the description from page 288: One extraordinary example of the 1843-D half eagle is known that has been certified by NGC as Specimen. The coin is deeply mirrored, and extremely well struck. The coin was probably a presentation striking of some sort. The occasion for the issue is unknown. The quality of the piece is exceptional as well, and the coin currently has been assigned a Specimen-65 rating. Branch-mint Proof and specimen issues are always interesting, and this coin certainly does not disappoint. Although this unique $5 gold specimen is not a hub or die trial, it was struck with an experimental finish and is a test strike. More information on Hub and Die Trials can be found in Chapter 13 of my NLG award winning book, World's Greatest Mint Errors: MIKE BYERS Dealing in Rare Coins & Fine Art for 40 Years Mike Byers has been a professional numismatist for forty years. He is one of the largest dealers handling U.S. Gold Coins, Patterns and Rarities certified by PCGS and NGC. He has handled major coin collections and attends every major coin convention. Mike Byers carries an extensive inventory as well as solicits want lists and is always looking to purchase fresh inventory and collections. Mike Byers was a consultant to ANACS for Mint Errors from 2000 to 2006. He is also the Publisher and Editor for Mint Error News Magazine and the Mint Error News Website that was founded in 2003. In 2009, Mike Byers published his first book, World's Greatest Mint Errors, which received the NLG Award for Best World Coin Book. In 2016, Mike Byers was featured on Fox News in an interview with one of his unique mint errors. Mike Byers is a life member of ANA since 1985, a charter member of NGC and a featured dealer/member of PCGS. He is also a life member of the Central States Numismatic Society and the Florida United Numismatists. He is a member of CDN Exchange (BYRS). Mike Byers was born in the coin business attending coin shows since he was six years old. When he was seventeen, he issued his first coin catalog. He has been a Market-Maker in U.S. Gold Coins and a dealer in major mint errors. In 1987 he offered limited partnerships and rare coin funds. He has written articles for The Coin Dealer Newsletter and has been featured on the front page of Coin World numerous times with his numismatic rarities. Mike Byers is a contributing author on mint errors for CoinWeek. He also assisted with the mint error section of Coin Facts on the PCGS website. You can visit Mike Byers and view his rarities at the ANA, Central States, FUN show and the Long Beach Coin Expo. Mike Byers also deals in fine art including Leroy Neiman original oils as well as works by other renowned artists. He buys and sells oil and acrylics on canvas and board, bronzes, watercolors and mixed media artwork. BUYING: Highest Prices Paid! Rare and Expensive U.S. Mint Error Coins from 1792 to 2000 Die Trials, Patterns & Mint Error Coins that are UNIQUE U.S. Proof Error Coins 1968 to 1980 Martha Washington Test Pieces NGC PCGS Uncertified 2016: Fox News Interview In 2016, Mike Byers was interviewed in a Fox News segment showcasing his unique 1970-S Proof Quarter that was struck on a 1941 Canadian Quarter. 2009: World's Greatest Mint Errors In 2009, Mike Byers published his first book, World's Greatest Mint Errors. This book combines stunning imagery with the most accurate information available to provide anyone interested in mint errors with the latest information on mint error coins from the United States and around the world. Hundreds of spectacular mint errors are pictured. Each error coin photo is presented in full color, and enlarged to enhance the smallest details. Some of the error coins featured in this book have never been seen by the public before, and each is described in great detail as to the type of error, the assigned grade, rarity and estimated value. NLG Award for Best World Coin Book in 2009 for World's Greatest Mint Errors 2009: The Coin Dealer Newsletter Mike Byers was the featured author in the October 9, 2009 issue of The Coin Dealer Newsletter (Vol. XXXIV No. 10) with a front-page article on mint errors. 2003: Publisher and Editor of Mint Error News Magazine & Website In 2003, the Mint Error News website was launched, which was originally sponsored by Mike Byers and ANACS. Due to the popularity of mint errors and the magazine it is now sponsored by Mike Byers and several other mint error dealers. It is a website devoted to bringing the latest mint error news and information to the collector. There are now hundreds of articles with features, discoveries, news stories, and mint error related info from the United States and around the World. This website became so popular that a print version, Mint Error News Magazine, was created and is read by thousands of readers. THE BYERS COLLECTION NGC began certifying a few major mint errors from Mike Byers' personal collection. These spectacular and rare coins each have "BYERS COLLECTION" designated on the NGC insert. 1874 G$1 Mirror Brockage on Obverse NGC MS 62 1904 $20 Double Struck Rotated 180 Degrees in Collar NGC MS 62 CAC $150,000 (1928) 25¢ Struck on a 1¢ Planchet 3.02 Grams NGC MS 63 BN Featured on the Front Page of Coin World Mike Byers' discoveries have been featured on the front page of Coin World. 1999: Mike Byers Inc. Website Launched Mike Byers Inc is one of the largest Numismatic corporations dealing in U.S. Gold Coins, Patterns and Rarities certified by PCGS and NGC. The Mike Byers Inc website was launched in 1999 and today it is considered the most widely viewed and informative numismatic websites specializing in PCGS or NGC certified Pre-1840 Gold Coins, Patterns or Early Type Mint Errors (Pre-1950). Coin World December 1, 2003 Page 53 Full Page Ad 1990-1999: Dealer in World Coins Since 1990, Mike Byers has traveled extensively in Europe purchasing the finest quality World Coins. We specialize in Swiss, German and English rarities in the finest quality obtainable. Here's an example of a full page ad in the European Coin Magazine, Munzen Revue. We buy many high quality World rarities. 1987-1988: Limited Partnerships / Rare Coin Funds In 1987, Mike Byers Inc was one of the FIRST major U.S. dealers to offer SEC approved Limited Partnerships / Rare Coin Funds. We purchased major rarities including proof gold, early type gold, and gem mint state gold. Our ads soliciting investors appeared in the Wall Street Journal, Coin World, and other publications. Later on, many coin dealers followed our lead and offered Limited Partnerships as well. 1978-1999: Market-Maker in U.S. Gold Coins Mike Byers and Mike Byers Inc have purchased millions of dollars of rare United States gold coins and collections. For over 35 years we have been Market-Makers in U.S. gold coins. Here is an example of one of our many full page ads in the Certified Coin Dealer Newsletter, which we placed over the years. We buy and sell proof gold, mint state gold, gold commems and early gold. 1975: Major Mint Error Catalog From 1974 - 1978 I mailed out over 25 price lists of major mint errors. My all time favorite was my first catalog which was photographed, printed and distributed in 1975 by John Devine (Lonesome John) from Newbury Park, CA. It was a 26 page catalog containing the finest major mint errors with photographs, descriptions and prices. This Gold Indian Head Cent was recently certified by PCGS as MS 65. TERMS OF SALE When Purchasing Items From Mike Byers Inc: All coins are kept in a bank vault. Please allow two business days for order processing. Prices are subject to change without notice and all items are subject to prior sale. All coins are guaranteed genuine and are delivered registered, insured, and prepaid. We accept credit cards and PayPal. There is a 5% fee for any returned items that were paid using PayPal. Seven day return privilege upon receipt. Coins must be returned in original holders. Sales tax will be collected unless a proper resale certificate is provided at the time of purchase.

Price: 400000 USD

Location: Las Vegas, Nevada

End Time: 2024-04-06T21:50:35.000Z

Shipping Cost: 0 USD