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2249

1914 1C PR68 Red PCGS....

2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104

 
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Auction Ended On: Apr 17, 2008
Item Activity: 13 Internet/mail/phone bidders
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Location: Rosemont, IL
Description:
Amazing 1914 Matte Proof Lincoln, PR68 Red
Believed the Finest Matte Proof Lincoln Cent
1914 1C PR68 Red PCGS. Housed in a green-label PCGS holder and originating from a five-coin 1914 proof set, this incredible Lincoln cent is absolutely stunning with flawless surfaces, the finest of its kind. PCGS has only certified one other 1914 Lincoln cent as PR68 Red. In fact, the only other matte proof Lincoln cent of any date to receive a PCGS PR68 Red grade is a single 1909 example. Only one glance at this amazing coin is required to recognize its unique status among its peers -- it is one of the finest surviving matte proof Lincoln cents.
For Set Registry collectors, this is the single finest matte proof Lincoln cent currently on the market, appearing for the first time in a certified holder. It is the first-ever opportunity to bid on a certified PR68 Red matte proof Lincoln cent of any date. The other two PR68 Red pieces are currently held long-term by a noted specialist in the field.
Almost all extant matte proof Lincolns have various shades of brown or red and brown color, often with strangely wonderful iridescent toning. Only about one-fourth of all matte proof pieces submitted to PCGS have received the Red designation, including all grades and dates. Consider that full Red pieces are most likely to be submitted or resubmitted, and this fact is even more impressive.
This specimen's outstanding technical quality and amazing aesthetic appeal are a combination of perfect strike and brilliant pale orange mint color, exactly as it left the dies. The surfaces have the typical pebbly matte quality associated with original, unimpaired examples. Splashes of deeper orange at the obverse and reverse borders enhance its overall appearance.
Our consignor notes that he purchased an entire 1914 proof set from a Bowers and Merena auction just to acquire this cent. It appears to be from the January 1989 Bowers and Merena auction of the Estate of Byron F. Johnson, Jr.
From the Stewart Blay Collection.(Registry values: N7079) (NGC ID# 22KX, PCGS# 3320)

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