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Lot
1527

1858 1C Large Letters PR65 Cameo PCGS....

2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114

 
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Auction Ended On: Jul 31, 2008
Item Activity: 9 Internet/mail/phone bidders Number of Bidders
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Location:

Baltimore, MD

Description:
Rare 1858 Large Letters Cent, PR65 Cameo
1858 1C Large Letters PR65 Cameo PCGS. Ex: Palm Beach Collection. Snow-PR1. An unmistakable proof striking just from the overall appearance of the coin and depth of mirrored reflectivity in the fields. However, this piece also shows all the diagnostics listed for proof strikings, including the doubled die obverse, high leaves reverse, and the diagonal file marks below the first 8 and the 5 in the date. It has been reported that 100 proofs were struck of the Large Letters variant. This number is derived from the 80 silver proof sets the Mint sold plus a small number (perhaps 20) of 1858 pattern sets. The number of survivors seems to confirm this estimate, and it is believed that today around 50 proof Large Letters cents exist in all grades.
The fields are deeply mirrored with a light accent of reddish patina on each side, and the nicely frosted devices present a noticeable contrast against the reflectivity on each side. Identifiable for pedigree purposes by a couple of spots at the top of the reverse. Population: 5 in 65, 0 finer (6/08).
From the Estate of Robert R. Rollins Collection, Part Three.(Registry values: P2) (PCGS# 82042)

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