LOT #3676 |
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1872 1C MS66 Red PCGS....
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Sold on Aug 14, 2019 for:
$54,000.00
Bid Source: Internet bidder
Description
1872 Cent, MS66 Red
Finest Certified at PCGS
1872 1C MS66 Red PCGS. Eagle Eye Photo Seal. Q. David
Bowers' Guide Book of Flying Eagle and Indian Cents has some
cogent observations concerning the 1872 issue: "These cents were
struck in quantities similar to the 1871. Aside from the 1877, this
is the toughest date to find today. The planchets made from the
recoinage melt were not of a consistent quality. Most coins of this
date are streaky due to uneven alloy mixes. Many examples were
poorly struck or are found with missing detail due to some liquid,
such as machine oil, getting on the planchets or dies. ... It is
very difficult to find attractive, problem-free examples. Most are
poorly struck, or are struck through machine oil. Any attractive
problem-free example should be considered for your collection. One
Detroit collector, Carl Herkowitz, spent 25 years buying
problem-free examples of this date. Even so, he had a difficult
time finding more than 200 pieces."The present business strike 1872 has the Bold N reverse, as used on the 1877 proof coins. It is simply a phenomenally lovely example of this date, despite Bowers' description of a "typical" coin above. Both sides show coruscating luster radiating from surfaces that are light tan-orange, with glints of greenish-yellow. The strike is virtually complete, despite a die that shows some hints of fatigue. This piece is the only 1872 graded MS66 Red at PCGS, with none finer (5/19). By way of comparison, there are eight 1877 cents in MS66 Red, again with none finer. Certified in an older green-label holder.
Ex: ANA Signature (Heritage, 8/2007), lot 1565.
From The Castle Collection. (Registry values: N10218)
Coin Index Numbers: (NGC ID# 227W, PCGS# 2105, Greysheet# 1325)
Weight: 3.11 grams
Metal: 95% Copper, 5% Tin & Zinc
View all of [The Castle Collection ]
Auction Info
2019 August 14 - 18 ANA World's Fair of Money US Coins Signature Auction - Chicago #1298 (go to Auction Home page)
Auction Dates
August, 2019
14th-18th
Wednesday-Sunday
Bids + Registered Phone Bidders: 27
Lot Tracking Activity: N/A
Page Views: 1,264
Buyer's Premium per Lot:
20% of the successful bid per lot.
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