LOT #2091 |
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1899 1C MS68 Red PCGS. Eagle Eye Photo Seal....
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Sold on Apr 30, 2009 for:
$97,750.00
Bid Source: Live: Floor bidder
Description
The Finest Existing Bronze Indian Cent
1899 MS68 Red
1899 1C MS68 Red PCGS. Eagle Eye Photo Seal. We last offered
this piece in January 2003, and wrote at that time:"Of all the hundreds of millions of bronze Indian cents struck from 1864 until the end of the series in 1909, this example stands alone as the finest survivor of the type. Both sides are essentially blemish-free with fabulous undulating luster that hypnotizes the viewer. Sharply struck throughout.
"The current PCGS Population Report lists two bronze Indian cents at the MS68 Red level, both of which are dated 1899. It has long been believed, by Richard Snow and others, that this is an error and that the present example is the only bronze Indian cent graded MS68 Red. This coin was the most prized piece in the Dr. Alan Epstein Collection. When Eagle Eye Rare Coins purchased that collection in 1995, this was the coin that proved most difficult for Dr. Epstein to part with. In fact, as the collection was being dispersed, he bought this coin back. He knew that any attempt to duplicate his efforts at creating the finest Indian cent collection would necessarily need this coin. About a year later he finally decided to part with the coin. It was then sold into the Gorrell Collection though Eagle Eye Rare Coins. At no time was this coin ever offered to the collecting public, and the present sale marks its first auction appearance. Once this coin sells there will not be another chance to purchase a bronze Indian Cent at this stellar level of preservation.
From the Dr. Alan Epstein and Joseph P. Gorrell Collections.
The description that we wrote over six years ago remains unchanged as does the PCGS population. This 1899 (listed twice in the PCGS report) remains the only Indian cent ever PCGS certified MS68 Red. There may never be another one graded so fine. The present opportunity provides collectors with a chance to acquire the ultimate bronze Indian Head cent.
From The Joseph C. Thomas Collection.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 228U, PCGS# 2204, GSID# 1421)
Metal: 95% Copper, 5% Tin & Zinc
Weight: 3.11 grams
Weight: 0.10422oz
Mintage: 53,600,031
View all of [The Joseph C. Thomas Collection, Part Two ]
Auction Info
2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124 (go to Auction Home page)
Auction Dates
Apr-May, 2009
29th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 10,128
Buyer's Premium per Lot:
15% of the successful bid per lot.
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