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1969-S 1C Doubled Die MS63 Red NGC....
Lot: 177,
Auction: 2009 October Signature US Coin Auction #1130
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| Ended: | Oct 21, 2009 | |
| Item Activity: |
12 Internet/mail bidders
 2,656 page views |
Description:
Important MS63 Red 1969-S Doubled Die Cent
1969-S 1C Doubled Die MS63 Red NGC. FS-101, formerly FS-028. This impressive variety has a rarity factor of "URS-6" according to the most recent edition of the Cherrypickers' Guide, a figure that suggests survival of between 17 and 32 pieces. While it is not so famous as doubled dies such as the 1955 and 1972, owing to its rarity, the 1969-S Doubled Die cent has seen several recent high-profile auction appearances that have raised its prominence.In the 40 years since it was struck, the 1969-S Doubled Die cent has seen much controversy, most of it in its first years. Q. David Bowers writes in his Guide Book of Lincoln Cents that due to the appearance of counterfeit Philadelphia 1969 cents that simulated broad doubling, the initial government reaction was hostile: "The Secret Service went on a witch hunt for these, believing that they were counterfeit in the style of [the] fake Philadelphia Mint doubled dies ... By the time these were acknowledged as legitimate, five genuine coins had been destroyed ... ."
This example is one of the survivors, whose true numbers are likely on the low end of the "17 to 32" range. Each side has fresh lemon-copper luster with just a bit of orange. Though faint, scattered abrasions are the norm and several copper spots are present on the reverse, neither type of fault affects the bold doubling that has captivated collectors. A great opportunity to own this famous Lincoln cent rarity, worth 10 points each in the PCGS Set Registry, Major Varieties and Complete Varieties Lincoln cent collections.(Registry values: P1) (#2923)
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Shipping Description: Coins & Currency (view shipping information)
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(Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)This lot is in: Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 1-2002)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1126, Lot 333 | Tuesday, March 31, 2009 | 63 | PCGS | $86,250.00 |
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