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Three Cent Nickel Folks (Opinion)

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eagle1's Avatar
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94 Posts
 Posted 05/30/2010  08:28 am Show Profile   Bookmark this topic Add eagle1 to your friends list Get a Link to this Message Number of Subscribers
I have a chance at acquiring a 1886 Cameo Proof. Should I snag it? I am primarily a copper collector, but have a budding interest in type coins. I have always liked the Three Cent Nickel. I figure this might be one of those opportunities that you make the purchase (even though the funds might not be there), and feel great about it later on once the funds have been paid back.

Thoughts. Prethen, if you are around, I would like your opinion on this date.

Thanks!

Chris
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Halfwitty's Avatar
United States
1523 Posts
 Posted 05/30/2010  09:12 am  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
An 1886 Cameo Proof? I am quite sure that there is no such thing.Proof yes.
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SsuperDdave's Avatar
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 Posted 05/30/2010  09:38 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
An 1886 Cameo Proof? I am quite sure that there is no such thing.Proof yes.


Quite the contrary. 3CN's can be had as very nice proofs indeed, and they're reasonably priced. An 1886 PF65CAM should run a little over $500; they're selling for about $550 at Heritage.

Eagle1, my only worry would be that the coin is reasonably priced and in a reputable slab. This isn't one I'd buy raw, except from a very few dealers.
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Halfwitty's Avatar
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 Posted 05/30/2010  09:43 am  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
Dave.They did Cameo?Numismatic News has a proof but NOT a Cameo Proof and they list it at 715.Do you have one? Would love to see a pic.
Edited by Halfwitty
05/30/2010 10:02 am
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SsuperDdave's Avatar
United States
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 Posted 05/30/2010  10:36 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
1886 3CN, NGC PR67CAM, courtesy of Heritage Auctions:

Three-Cent-Nickel-Folks-Opinion

Three-Cent-Nickel-Folks-Opinion

Heritage has records of over 60 sales of 1886 3CN Proofs in CAM. There are DCAM 3CN Proofs, too.
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eagle1's Avatar
United States
94 Posts
 Posted 05/30/2010  11:07 am  Show Profile   Bookmark this reply Add eagle1 to your friends list Get a Link to this Reply
Getting me a bit excited, yes it is in a certified top notch TPG holder. I think I will make the purchase!
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Halfwitty's Avatar
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 Posted 05/30/2010  11:13 am  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
You never cease to amaze me Dave. I stand corrected and would jump on that in a heartbeat.Any idea on a mintage of the cameo?I have 3 proofs but they ain't Cams.
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SsuperDdave's Avatar
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 Posted 05/30/2010  11:23 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Any idea on a mintage of the cameo?


Well, Heritage has records of 6399 sales of Proof 3CN's. Of that total, 1664 are CAM and 136 are DCAM. I would expect this percentage to be slightly skewed to disproportionally represent CAMs - they seem to me to be a more "sellable" variety and might therefore be offered for sale more often than non-CAM Proofs. It's not unreasonable, though, to conclude that 10% or more of 3CN Proofs are CAM or DCAM.
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Halfwitty's Avatar
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 Posted 05/30/2010  11:33 am  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
None of my reference materials even mention a Cameo Proof of the 1886.Guess I need to get some more books.Thanks.
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