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Lot
3479

1875 1C One Cent, Judd-1384, Pollock-1528, R.8, PR66 Cameo PCGS....

2008 January Orlando, FL (FUN) Signature Coin Auction #454

 
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Auction Ended On: Jan 10, 2008
Item Activity: 7 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Lot Viewing, Room 220 D, E, F
Auction, Room 230 B

Description:
Extremely Rare 1875 Indian Cent Struck in Aluminum
PR66 Cameo, Judd-1384
1875 1C One Cent, Judd-1384, Pollock-1528, R.8, PR66 Cameo PCGS. Snow PT1a. Regular die trials issue of the proof 1875 cent. Struck in aluminum with a plain edge. The obvious explanation for this piece is it was deliberately struck for collectors. The Judd reference tends to support that contention:

"The year 1875 hosts a potpourri of pattern issues, some with true pattern intent (certain of the twenty-cent pieces may be in this category) and others created as numismatic delicacies, the latter including illogical varieties and mulings. No doubt, Mint Director Henry R. Linderman was among the recipients of these delicacies. All of the illogical combinations as well as off-metal strikings from regular Proof dies were made in secrecy, and the existence of most was not known until years later."

The other way to view this piece is the way Rick Snow presents it, as part of a full denomination set. As such, this would be a metallurgical trial. Only one or two aluminum sets were struck and apparently neither set is intact today. Combining the ninth edition of the Judd book with Snow's reference on 1870-1889 Indian cents yields only three references to known sales. A piece was sold by New England Rare Coin Galleries in March 1983, another was auctioned as part of the Loye L. Lauder Collection by Doyle Galleries in December 1983, lot 536, and there is another transaction by Numismatics Ltd. (possibly also in December 1983). The impossibility of finding photographs of these transactions is obvious. They could be the same coin sold three times in a short time span, two coins and one reappearance, or there is a remote possibility there are three separate coins.
This is a splendidly preserved aluminum striking. Unlike too many aluminum patterns, this piece does not show signs of oxidation. A few lint marks are present on each side, the most obvious one for pedigree purposes is hook-shaped and located just to the right of the 5 in the date. The contrast between the fields and devices is strong with exceptionally deep mirrors in the fields. An obviously rare opportunity for the pattern collector.

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