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Lot
4133

1859 1C PR67 NGC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 14 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
Superb Gem Proof 1859 Indian Cent
Distinctly Contrasted
1859 1C PR67 NGC. An important one-year type coin, with a reported mintage of 800 pieces. Richard Snow writes of the 1859 proof in his Flying Eagle and Indian Cents reference: "Very rare, as many were unsold and melted. Probably under a hundred pieces survive as no question proofs. Intense collector demand for this one year type." Walter Breen asks in his Proof Encyclopedia, "Do as many as forty survive?"

Many more examples appear in the combined certified population, but this specimen remains one of the best. Reflective fields are orange-gold, contrasting with distinctly frosted devices that have a lighter tan appearance. Amazing all-around quality and eye appeal. NGC has graded three specimens in the PR67 range -- this piece, a Plus Star, and a Cameo specimen -- but none numerically finer (3/13).
Ex: The Estate of Robert R. Rollins Collection, Part One (Heritage, 5/2008), lot 2345.(Registry values: N7079) (NGC ID# 2299, PCGS# 2246)

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