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Lot
25659

South Africa: Republic Proof Penny 1892,...

2011 September Long Beach Signature World & Ancient Coins Auction #3015

 
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Auction Ended On: Sep 9, 2011
Item Activity: 7 Internet/mail/phone bidders
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Location:

Long Beach Convention Center
300 E. Ocean Blvd.
Long Beach, CA 90802

 

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Description:
A Gorgeous Red Proof Penny of 1892
Republic Proof Penny 1892, KM2, Hern-Z1 (est. 20 struck), PR65 RB NGC, a glowing lavender-red Gem Proof. Hern states that "USA graded coins need to be certified by South African experts!" (the exclamation point is his) . . . but who could question this NGC-certified coin, with its mirrored fields having the orange-peel texture that is found only on proofs, the fully struck portrait and fully struck details in the reverse shield (even the tiniest elements of the design are visible), the squared-off lettering and digits, the crisply struck elongated beading around the knife-blade-sharp rims, as well as the reflective plain edge? A truly beautiful and absolutely authentic example of this rarity, surely among the finest known -- in all, a superb classic coin from this formative period in South Africa's turbulent history. Krause catalog price(s) for this item: $7 in VF, $40 in EF, $60 in UNC.

Please note: Many Krause World Coin catalog prices are updated infrequently. Therefore this information is offered to bidders as a time-saving convenience only. Some Krause prices may be outdated and/or inaccurate due to fluctuating markets, newly discovered hoards, data entry errors (whether on Krause's part or ours) or other factors.

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