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Lot
5024

1856 1C PR66 Red and Brown PCGS. CAC. N-5, Low R.5....

2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction #1154

 
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Auction Ended On: Apr 28, 2011
Item Activity: 6 Internet/mail/phone bidders
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Location: Donald E. Stephens Convention Center
5555 N. River Road
Rosemont, IL 60018
Description:
1856 N-5 Cent, PR66 Red and Brown
Proof-Only Variety, Robison Specimen
1856 1C PR66 Red and Brown PCGS. CAC. N-5, Low R.5. Perhaps as many as 60 examples of this proof-only variety still survive, but most are in lower grades than this piece. The Mint distributed proof large cents in larger quantities in 1856 and 1857 than at any previous time. The result is a higher survival rate, but many have become damaged or impaired in the intervening years. Relatively few exist in higher grades, and this piece ranks as one of the 10 finest known examples. Just six pieces carry the numerical PR66 grade, including two PR66 Red and Brown PCGS, two PR66 Brown NGC, and two PR66 Red and Brown NGC (2/11).
Housed in a green-label PCGS holder, this Premium Gem exhibits brilliant red and violet surfaces with slight mellowing of the original mint color. Design motifs on both sides are boldly defined and beautiful, while the surfaces are pristine. A splash of blue toning between stars 3 and 4, along with a tiny carbon fleck on the outer obverse rim at 5:30 will identify this specimen. MRB PR64.
Ex: Robison Collection (Stack's, 2/1982), lot 538; Auction '86 (RARCOA, 7/1986), lot 1008; Superior (1/1995), lot 55; Bowers and Merena (7/1997), lot 21; Bowers and Merena (11/2008), lot 1167.(Registry values: P1) (NGC ID# 2274, PCGS# 1998)

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