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1873 1C Indian Head Cent, Judd-1257, Pollock-1231, R.8, MS65 PCGS. CAC....
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Description
1873 Closed 3 Cent in Nickel
Likely Unique Judd-1257, MS65
Ex: Gable-Olsen-Farouk
1873 1C Indian Head Cent, Judd-1257, Pollock-1231, R.8, MS65
PCGS. CAC. Ex: Simpson. The regular Closed 3 Indian Head cent
design for the year. Struck in nickel with a plain edge. Formerly
believed to be a pattern or metallurgical trial, this unique 1873
Indian Head cent is now thought to be a business-strike off-metal
error. According to USPatterns.com:"We believe this piece is actually a mint error struck either on a planchet intended for a foreign coin, a nickel 3 cent planchet, or nickel stock, for either nickel 3 cent or shield nickel stock which was miscut into cent planchets."
Rick Snow agrees with that assessment, though he does not believe it was struck on a three cent nickel planchet. The coin is believed to be unique. It can be traced to the Farouk Collection and as far back as the 1914 William Gable sale by S.H. Chapman.
This phenomenally important Indian Head cent rarity showcases delicate golden iridescence that blends with radiant mint luster, swirling over each side. The obverse die is lightly cracked but that side is boldly detailed, save for the tips of the first few headdress feathers. The reverse is noticeably soft on the shield and right wreath. An identifying graze appears just right of Liberty's mouth.
Ex: William F. Gable Collection (S.H. Chapman, 5/1914), lot 1562; Fred E. Olsen (B. Max Mehl, 11/1944), lot 553; King Farouk; Palace Collections of Egypt (Sotheby's, 2/1954), lot 1924; 189th Auction Sale (M.H. Bolender, 10/1955), lot 1075; New York Connoisseur's Collection (American Numismatic Rarities, 3/2006), lot 1364; Samuel J. Berngard and S.S. New York Collections (Stack's, 7/2008), lot 4217.
Collecting Patterns – A Brief History and Commentary
Coin Index Numbers: (PCGS# 71542)
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
View all of [Important Selections from The Bob R. Simpson Collection, Part II ]
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