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1909 1C MS67 Red PCGS....
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Sold on Apr 29, 2010 for:
$16,100.00
Bid Source: Internet bidder
Description
Amazing MS67 Red 1909 Indian Cent
The Ultimate Type Coin
1909 1C MS67 Red PCGS. In his Buyer's and Enthusiast's
Guide to Flying Eagle and Indian Cents, David Bowers writes
that the 1909 is one of the most plentiful Mint State Indian cents
despite its somewhat low mintage (14,368,470 business strikes).
Bowers says: "Bright red specimens are among the most common
issues, although this date has sometimes been called 'scarce' in
this regard, no doubt by catalogers who look at the mintage figure
and consider little else."A perusal of the population data indicate that more than 2,000 Mint State 1909 full Red Indian cents have been certified by PCGS and NGC, primarily in MS64 and MS65 grades, confirming the availability of this issue in high grade. In Superb Gem Red, however, the classification of the coin in this lot, the 1909 is anything but common. The two services have seen only six such coins, and none finer.
Gorgeous yellow-gold surfaces radiate glowing luster, and the strike is strong but not quite complete. All four diamonds are crisp, though the feather tips exhibit the usual softness. The impeccably preserved surfaces are devoid of mentionable abrasions or spots. Population: 4 in 67 Red, 0 finer (3/10).(Registry values: N2998)
Coin Index Numbers: (NGC ID# 2297, PCGS# 2237, GSID# 1451)
Metal: 95% Copper, 5% Tin & Zinc
Weight: 3.11 grams
Weight: 0.10422oz
Mintage: 14,370,645
Auction Info
2010 April-May Milwaukee, WI CSNS US Coin Auction #1139 (go to Auction Home page)
Auction Dates
Apr-May, 2010
28th-2nd
Wednesday-Sunday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 1,252
Buyer's Premium per Lot:
15% of the successful bid per lot.
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