LOT #4360 |
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1926-S 1C MS65 Red PCGS....
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Sold on Jan 10, 2019 for:
$90,000.00
Bid Source: HA.com/Live bidder
Description
1926-S Lincoln Cent, MS65 Red
Major Series Condition Rarity
One of Three Coins at This Level
1926-S 1C MS65 Red PCGS. The rarity of the 1926-S Lincoln
cent in Gem full Red condition is such that even the most patient
and well-funded collectors may never have an opportunity to acquire
an example. Even the D.L. Hansen #1 All-Time Finest PCGS Registry
Set of Lincoln cents does not contain a representative of this
issue in MS65 Red. This is a direct reflection of the 1926-S cent's
status as the absolute rarest issue in the series in Gem
full Red condition, being significantly rarer as such than the 1955
Doubled Die variety, which is well-known as a major series
condition rarity. The 1922 No D cent is unknown as a Red Gem, but
it is more accurately a variety, and not an individual issue, much
like the 1955 Doubled Die.For years, the leading services' certified population reports showed only two MS65 Red examples of the 1926-S, one each at PCGS and NGC. This piece has been added to the Condition Census within the past few years -- deservingly so. Both sides glow with satiny coppery-gold luster that yields wisps of lilac and pale rose when tilted in-hand. We note a few faint specks on the reverse, but they are hardly detracting and the surfaces are largely free of abrasions. The strike is the hallmark of this coin, showing better peripheral definition than is typically seen on this issue, much of which was struck with heavily worn or eroded dies. A true Gem that will impress the Lincoln cent connoisseur.
To compare this piece to MS64 Red or MS65 Red and Brown coins would be unfair, as in Gem Red condition it stands in a class by itself. The Lincoln cent series is one of the most heavily collected and popular in American numismatics, and demand for high-grade examples of every date has multiplied with the dawn of Registry Sets. The rarity of the 1926-S in the lofty Gem Red level is unrivaled, and the importance of the present coin to the advanced Registry Set competitor is seemingly unequaled. Population: 2 in 65 Red, 0 finer (11/18).
From The Jerald L. Martin Collection. (Registry values: N4719)
Coin Index Numbers: (NGC ID# 22CL, PCGS# 2575, Greysheet# 1900)
Weight: 3.11 grams
Metal: 95% Copper, 5% Tin and Zinc
View all of [The Jerald L. Martin Collection ]
Auction Info
2019 January 9 - 14 FUN US Coins Signature Auction - Orlando #1291 (go to Auction Home page)
Auction Dates
January, 2019
9th-14th
Wednesday-Monday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 4,087
Buyer's Premium per Lot:
20% of the successful bid per lot.
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