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Lot
2059

1858 1C Large Letters PR65 PCGS....

2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124

 
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Auction Ended On: Apr 30, 2009
Item Activity: 12 Internet/mail/phone bidders Number of Bidders
515 page views
Location:

Duke Energy Center
525 Elm Street
Cincinnati, OH 45202

Description:
Exquisite 1858 Flying Eagle Cent
Large Letters, PR65
1858 1C Large Letters PR65 PCGS. High Leaves Reverse. Closed E in ONE. In A Guide Book of Flying Eagle and Indian Head Cents, Q. David Bowers estimates the proof mintage of 1858 cents at 100 pieces. The Large Letters proof cents of the year featured the High Leaves reverse, carried over from 1857. The high relief of this design resulted in wear and tear on the dies, and a new Low Leaves reverse design was introduced later in the year to improve die life.
The present coin is a razor-sharp Gem with prominent reflectivity in the fields. Powder-blue tints visit UNITED STATES OF AMERICA and the reverse field beneath CENT. The remainder of the unblemished surfaces are bathed in luminous light gold iridescence, which deepens to peach hues on the field near the eagle. An infrequent pinpoint carbon fleck denies an even higher grade. The dies are identified by a slender diagonal crack through the final A in AMERICA to the tail, and a hair-thin left leaf beneath the C in CENT. Die fill occupies half of the left ribbon loop field and about one-third of the right ribbon loop field. Certified in a green label holder. Proof 1856 Flying Eagle cents are always available for a price, but their 1857 and 1858 counterparts are rarely encountered. Population: 15 in 65, 0 finer (2/09).
From The Joseph C. Thomas Collection.(Registry values: N7079) (NGC ID# 227C, PCGS# 2042)

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