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1858 1C Large Letters PR65 Cameo NGC. Snow-PR1. The number of examples originally coined, as well as the number of survivor...

2007 Long Beach, CA Signature Coin Auction #430

 
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Auction Ended On: Feb 15, 2007
Item Activity: 4 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Gem Cameo Proof 1858 Large Letters Cent
1858 1C Large Letters PR65 Cameo NGC. Snow-PR1. The number of examples originally coined, as well as the number of survivors today, are not known with accuracy. Richard Snow estimated a mintage of 80 examples of this Large Letters variety as well as an additional 100 Small Letters proofs. In A Buyer's and Enthusiast's Guide to Flying Eagle and Indian Cents, Dave Bowers suggested that between 50 and 100 of these Large Letters proof cents were distributed, suggested that they may have been included as part of the pattern copper-nickel cent sets issued that year. Bowers further suggested that the Small Letters proofs were distributed not only in 1858, but as restrikes produced during the next few years. According to Bowers, the Large Letters proofs are extremely rare, and are much rarer than their Small Letters brethren.
All of the specific die characteristics described by Snow for his first listed variety of proof 1858 cents are present on this specimen, including the short diagonal die file marks from the dentils below the first 8 and the 5. Deeply mirrored with rich golden surfaces and lustrous devices. Sharply struck as expected for these proof coins. Minor lint marks in the fields, as well as slight doubling among various letters on both sides, confirm the status of this proof example. The mirrored fields crisply intersect with the devices, unlike some prooflike circulation strikes that exhibit slight mint frost at these junctures. This is an example of exceptional beauty and will certainly be a prized possession of the new owner. Census: 9 in 65 Cameo, 3 finer (1/07).(Registry values: N7079) (NGC ID# 227C, PCGS# 2042)

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