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1860 1C Pointed Bust MS66 ★ NGC. FS-401....

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Sold on Oct 27, 2014 for:
$7,931.25 Bid Source: HA.com/Live bidder
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Description

1860 Pointed Bust Indian Cent, MS66 ★
Top-Notch Condition Census Example

1860 1C Pointed Bust MS66 ★ NGC. FS-401. This lustrous and solidly struck Premium Gem is even medium-tan throughout both sides, showing smooth surfaces completely devoid of any mentionable contact marks. The NGC Star designation for top-notch eye appeal is more than warranted.

Variety: Pointed Bust. FS-401.

Population Data (7/14): NGC shows three in MS66, of which only this piece has the Star designation -- the same population as when we last handled this coin five years ago. PCGS shows six MS66 and two finer, both MS67.

Heritage Commentary: The Pointed Bust obverse style is a carryover from 1859; some undated dies with the style were dated 1860, possibly representing the first 1860 Indian cents. The Pointed Bust is a relatively recent discovery, but examples are not as rare as thought in earlier decades, as numismatists cherrypick new pieces. They are scarcer, however, than their Rounded Bust counterparts. This Premium Gem with the Star designation for superior eye appeal tops the Condition Census, a conditional rarity and certain to remain as such.

Provenance: Baltimore ANA (Heritage, 7/2008), lot 1096.(Registry values: P4)

Coin Index Numbers: (PCGS# 2056, Greysheet# 1290)

Weight: 4.67 grams

Metal: 88% Copper, 12% Nickel

View Certification Details from NGC

Auction Info

2014 October 27 The Eugene H. Gardner Collection II US Coins Signature Auction - New York #1214 (go to Auction Home page)
Auction Dates
October, 2014
27th Monday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 794

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

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Sold on Oct 27, 2014 for: $7,931.25
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