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Lot
158

1915-S 1C MS66 Red PCGS....

Auction: 2008 December Houston, TX Signature Coin Auction #1118

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Ended: Dec 3, 2008
Item Activity: 7 Internet/mail/phone bidders
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Description:

Notable 1915-S Cent, MS66 Red
Ex: Mershon, Walsh

1915-S 1C MS66 Red PCGS. Ex: Tom Mershon Collection, Joshua and Ally Walsh. The San Francisco Mint's output in 1915 ran the full span of coinage denominations known to that time, from the majestic round and octagonal fifty dollar gold pieces struck for the Panama-Pacific International Exposition to the more humble cent. It is interesting to note that after the 1915 feat, no other Mint would cover that much of a span until 1986, when the American Eagle gold bullion coin series saw another coin with a fifty dollar face value struck.
The 1915-S is available in most grades with some persistence, though acquiring the best survivors comes only with substantial time and money spent. The issue has some pitfalls, as noted by Q. David Bowers in his Guide Book of Lincoln Cents; among them, high-end examples "are usually toned and sometimes blotchy," and while a number of well-defined pieces exist, "there are many exceptions." Bowers also cautions that the bronze alloy used to create this issue toned more quickly than usual, making original Red coins elusive.
On this coin, all legends are bold, as well as the date and mintmark, unlike the vast majority of branch mint examples from the teens and twenties. Orange-gold, glowing matte-like surfaces complement the exceptional strike on this choice and elusive S-mint rarity. A couple of toning flecks are noted with a glass near the back of Lincoln's coat, as are a couple of reverse ticks, but none of these flaws diminish the astounding overall quality of this piece, a beautiful Premium Gem with an impeccable pedigree. Population: 5 in 66, 0 finer (10/08).
From The Jack Lee Estate Lincoln Cent Registry Set.(Registry values: N4719) (#2485)

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Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1122, Lot 431 Sunday, February 8, 2009 66 PCGS $25,300.00
Auction 394, Lot 3088 Saturday, January 7, 2006 66 PCGS $46,000.00
Auction 372, Lot 5319 Saturday, May 7, 2005 66 PCGS $48,300.00
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

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