1923-S 1C MS65 Red PCGS. CAC....

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Sold on Apr 23, 2020 for:

$45,600.00 Bid Source: HA.com/Live bidder

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Description

1923-S Cent, MS65 Red
CAC, Old Green Holder
A Top-Grade Registry Coin

1923-S 1C MS65 Red PCGS. CAC. There are no 1923-S cents certified finer than the Gem level. Most Red pieces grade only MS63 or MS64, rarely MS65. Since we began recording our Auction Archives in 1993, we have handled such a coin on only two dozen occasions, including duplicate appearances by several examples. PCGS and NGC combined report just 18 Gem Red 1923-S cents, including possible duplication. Just three of those coins carry CAC approval (2/20). This is not only one of those three, it is the only CAC-endorsed Gem Red 1923-S known to have ever appeared at auction. In its prior appearance in our June 2018 Long Beach Signature, it realized $66,000, setting what was then a massive price record for the issue. The only comparable coin to have appeared at auction since was the singular MS65+ Red PCGS example that Legend Auctions handled in September of last year for more than $67,500. This piece, now with the Duckor pedigree, has the capacity to reclaim that record threshold.

The surfaces are remarkably clean with satiny, uniformly copper-red luster. No carbon spotting is apparent, which is in and of itself an exceptional attribute. Even a 10x loupe fails to unearth obtrusive imperfections. The strike is sharp, and eye appeal is outstanding for the issue. A Registry coin of unsurpassed quality. Housed in an old green label holder. Population: 16 in 65 (1 in 65+) Red, 0 finer. CAC: 18% of a total 17 submissions for this issue/grade passed. 3 in 65, 0 finer (2/20).
Ex: Long Beach Signature (Heritage, 6/2018), lot 3807.
From The Dr. and Mrs. Steven Duckor Collection of Lincoln Cents. (Registry values: N2998)

Coin Index Numbers: (NGC ID# 22CB, PCGS# 2548, Greysheet# 1882)

Weight: 3.11 grams

Metal: 95% Copper, 5% Tin and Zinc

View all of [The Dr. and Mrs. Steven Duckor Collection of Lincoln Cents ]

View Certification Details from PCGS