(1616) 3P Sommer Islands (Regular Strike)

Series: U.S. Colonial Issues

PCGS XF40

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PCGS #:: 3

Designer:: N/A

Edge:: N/A

Diameter:: N/A

Weight:: N/A

Mintage:: N/A

Mint:: N/A

Metal:: Other

Auction Record:: $205,625 • VF20 • 05-16-2014 • Heritage Auctions

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(1616) 3P Sommer Islands

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For Sale Now at Collectors Corner - PCGS Graded

For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	7	R-9.6	1 / 1	8 / 12 TIE
60 or Better	0	R-10.1	1 / 1	1 / 12
65 or Better	0	R-10.1	1 / 1	1 / 12

Survival Estimate
All Grades	7
60 or Better
65 or Better

Numismatic Rarity
All Grades	R-9.6
60 or Better	R-10.1
65 or Better	R-10.1

Relative Rarity By Type All Specs in this Type
All Grades	1 / 1
60 or Better	1 / 1
65 or Better	1 / 1

Relative Rarity By Series All Specs in this Series
All Grades	8 / 12 TIE
60 or Better	1 / 12
65 or Better	1 / 12

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	XF estimated grade
2	VF20 estimated grade	Robert R. Prann Collection - Abe Kosoff 8/1947 - J. Douglas Ferguson, sold privately on 12/28/1956 - Norweb Collection - Bowers & Merena 10/1987:1141, $70,400
3	F15 PCGS estimated grade	Jacob Giles Morris Collection - Col. Robert C.H. Brock Collection - University of Pennsylvania - Philip H. Ward, Jr. - C.J. Dochkus - F.K. Saab - Eric P. Newman Numismatic Education Society - Heritage 5/2014:30255, $205,625
4	F estimated grade
4	F estimated grade
6	G estimated grade
7	Unknown grade

#1 XF estimated grade

#2 VF20 estimated grade

Robert R. Prann Collection - Abe Kosoff 8/1947 - J. Douglas Ferguson, sold privately on 12/28/1956 - Norweb Collection - Bowers & Merena 10/1987:1141, $70,400

#3 F15 PCGS estimated grade

Jacob Giles Morris Collection - Col. Robert C.H. Brock Collection - University of Pennsylvania - Philip H. Ward, Jr. - C.J. Dochkus - F.K. Saab - Eric P. Newman Numismatic Education Society - Heritage 5/2014:30255, $205,625

#4 F estimated grade

#6 G estimated grade

#7 Unknown grade

Ron Guth:

Of the three denominations in the Sommer Islands coins, the Threepence is the rarest. In reality, such a comparison, at least in this case, is relatively unimportant because all of the Sommer Islands coins are rare. Collectors have had very few opportunities to purchase a Sommer Islands Threepence, as only two have appeared at auction since 1987. The pent-up demand for these coins became evident in 2014, when the NGC VF20 from the Eric Newman collection sold for $205,625. The Norweb coin, which is slightly nicer and has a more detailed obverse, sold for $70,400 in 1987 and would bring multiples of that today. All examples have problems of one sort or another, usually related to surface corrosion, and the finest example is an Extremely Fine in the British Museum. Not a single one of the seven known examples is on the market as of this writing (July 2014).