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Lot
174

1969-S 1C Doubled Die MS64 Red and Brown PCGS. FS-101....

2010 June Long Beach, CA Signature US Coin Auction #1140

 
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Auction Ended On: Jun 3, 2010
Item Activity: 14 Internet/mail/phone bidders
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Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Legendary 1969-S Doubled Die Cent
MS64 Red and Brown
1969-S 1C Doubled Die MS64 Red and Brown PCGS. FS-101. While both the 1955 and 1972 Doubled Die Lincoln cents are perennial favorites among students of the series, its 1969-S counterpart was all but overlooked until recent years. Despite dramatic doubling on the date, LIBERTY, and IN GOD WE TRUST, this error suffered from the negative press that surrounded several counterfeit P-mint cents of the same year. Negative press cannot, however, disguise the fact that this error is legitimately rare in all levels of preservation. Numismatic scholars speculate that only a few hundred pieces were produced in the year of issue.
Alongside these 1969-S Doubled Die Lincoln cents, a large number of machine-doubled 1969-S cents exist, and they are extremely common and have no numismatic value. Fortunately, differentiating the varieties is simple. The machine-doubled pieces have all of the obverse lettering doubled, including the mintmark. Since the mintmark was placed in the die after it was hubbed, true doubled die examples have a normal, undoubled S below the date.
The present Mint State survivor displays predominantly orange-red surfaces with pale blue-gray overtones on the obverse. All features are boldly defined and the doubling is readily evident to the naked eye. Needless to say, only a carefully considered bid will win this piece--an example of one of the most legendary and in-demand Lincoln cent varieties--for an advanced assembly of Lincoln cents. This MS64 Red and Brown piece is tied for the numerically finest certified with two MS64 Red examples at PCGS (4/10).
From The Brenda John Collection.(Registry values: P1) (PCGS# 2922)

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