1859 1C PR66 NGC....

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Sold on Aug 8, 2007 for:

$8,050.00 Bid Source: Internet bidder

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Conditionally Scarce 1859 Indian Cent PR66

1859 1C PR66 NGC. This period is often heralded as the beginning of American coin collecting as a hobby for ordinary (unwealthy) folks. Apparently, the emergence of the new small cents--first the Flying Eagles, followed by the Indian cent--was the most direct cause of this new phenomenon. Suddenly, the U.S. Mint began producing larger proof issues in order to accommodate the new wave of collectors. The first-year 1859 Indian cent thus had a relatively sizeable production of 800 pieces. Few of those coins have survived at the Premium Gem grade level, however. This example is sharply struck with lovely tan-gold color and highly reflective fields. Only a few flyspecks can be found, on the obverse, and more serious distractions are nonexistent. Census: 19 in 66, 2 finer (6/07). From The Santa Fe Collection.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 2299, PCGS# 2247, Greysheet# 1467)

Weight: 4.67 grams

Metal: 88% Copper, 12% Nickel

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