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Lot
5247

1856 1C PR65 Red and Brown PCGS. N-5. With broad, squared ...

2003, Orlando, FL. (FUN) Signature Sale #308

 
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Auction Ended On: Jan 8, 2003
Item Activity: 4 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Gem Proof 1856 Coronet Cent With Some of the Original Luster Still Intact
1856 1C PR65 Red and Brown PCGS. N-5. With broad, squared off borders and appreciable reflectivity in the fields, this coin is unmistakable as a proof. This coin was struck from the same reverse die that the Mint used to delivery proof 1857 N-3 Large Cents, and it is identifiable by a small defect on the leaves before the denomination ONE CENT that resembles a misplaced berry. Pale olive-brown tinting overlays the otherwise lustrous obverse with plenty of orange-red luster in evidence. The reverse is more extensively toned in medium brown color that yields to orange and purple undertones at direct angles. Sharply struck throughout with no blemishes that would call into question the validity of the PR65 designation. NGC and PCGS combined report only four examples in PR65 Red and Brown, and there are only two specimens finer with this color designation (10/02).
From the "Newmismatist" Collection. (NGC ID# 2274, PCGS# 1998)

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