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Lot
1559

1862 1C MS67 NGC....

2007 Milwaukee, WI (ANA) Signature Coin Auction #444

 
Sold for: Not Sold
Auction Ended On: Aug 9, 2007
Item Activity: 6 Internet/mail/phone bidders
181 page views
Location: Milwaukee, WI
Description:
Magnificent Superb Gem 1862 Cent
1862 1C MS67 NGC. Along with the 1863, the 1862 is one of the two copper-nickel Oak Wreath Reverse Indian cent issues chosen most often by type collectors. The variety spanned 1860 and the first four years of the Civil War, and the conflict drove almost all hard money, even copper-nickel cents, into hoards. As a consequence, Mint State examples are available today, though recall programs would later take a toll on the population.
This Superb Gem representative, far from an ordinary Uncirculated example, has exquisitely preserved salmon patina with delicate sage accents at the margins. The strike is bold, with four complete diamonds on Liberty's hair ribbon. A highly appealing and extraordinary piece, with no numerically finer examples known to either NGC or PCGS (7/07).(Registry values: N2998) (NGC ID# 227H, PCGS# 2064)

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