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Lot
2060

1858 1C Large Letters PR66 NGC....

2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124

 
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Auction Ended On: Apr 30, 2009
Item Activity: 8 Internet/mail/phone bidders
652 page views
Location:

Duke Energy Center
525 Elm Street
Cincinnati, OH 45202

Description:
Incredible 1858 Large Letters Cent, PR66
1858 1C Large Letters PR66 NGC. Snow PR-1. High Leaves, Closed E in ONE. An incredibly rare small cent issue, one of only 80 examples of the Large Letters Flying Eagle cent struck in the proof format, a mintage figure that automatically makes this date about 20 times rarer than the 1856 Flying Eagle cent. On top of that, perhaps only 50 or 60 pieces from that original production figure of 80 coins can be traced today. By way of contrast, the 1858 Small Letters proof coinage amounted to 200 pieces, and for the 1857 nearly 500 specimens were issued. The reflective, sunset-orange surfaces show considerable faded red around the obverse periphery and most of the reverse, which adds accents of aqua and indigo. All design elements are sharp and crisp, and one must search diligently with a loupe to detect even the smallest detrimental marks or flecks. In short, this coin is rare (make no mistake about that) and beautiful, and the next proud owner will no doubt consider it a highlight of his or her collection.
Ex: Heritage (1/2006), lot 3043.
From The Joseph C. Thomas Collection.(Registry values: N10218) (NGC ID# 227C, PCGS# 2042)

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