1920-D 1C MS66 Red PCGS....

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Sold on Jun 3, 2010 for:

$17,250.00 Bid Source: Mail/Fax bidder

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Unsurpassable 1920-D Cent, MS66 Red
Ex: Walsh, One of Five Finest at PCGS

1920-D 1C MS66 Red PCGS. Ex: Jack Lee. With a mintage of under 50 million pieces, the 1920-D is a lower-mintage but not necessarily elusive issue. In circulated grades, most collectors can spend a reasonable amount of money and come away contented. The buyer who demands the best, however, is far more difficult to satisfy. David Lange notes that most Mint State examples are of "mediocre quality," with strike and luster to blame; dies were pushed well beyond the point of optimal retirement, and color anomalies were common even before the coins left the Denver Mint grounds. Perhaps the most memorable commentary on this issue comes from Q. David Bowers, who writes in the Guide Book of Lincoln Cents that "Finding a sharply struck gem with original color [italics his] is almost, but not quite, an impossibility."
The present coin is tangible proof. The luster of this Premium Gem example is not flashy (a 1920-D that has the appearance of a 1920-P should be checked for an added mintmark), but it is more than adequate. The strike is uncommonly bold and from a desirable earlier die state; the lines in the wheat ears and the details of the portrait are bold. The smooth copper-orange of the obverse gives way to elements of brick-red and lavender on the reverse, the latter color almost approaching violet in areas. With just five MS66 Red examples known to PCGS and none finer (4/10), this 1920-D cent is utterly unsurpassable, a point the Lincoln cent aficionado should remember.
Ex: Jack Lee Estate Lincoln Cent Registry Set, December Signature (Heritage, 12/08), lot 173, which garnered $25,300.
From The Brenda John Collection.(Registry values: N2998)

Coin Index Numbers: (NGC ID# 22C4, PCGS# 2527, GSID# 1864)

Metal: 95% Copper, 5% Tin and Zinc
Weight: 3.11 grams
Weight: 0.10422oz
Mintage: 49,280,000

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