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Description

Impressive 1869 Indian Cent, PR66 Red
Tied for Finest-Graded at PCGS

1869 1C PR66 Red PCGS. The original mintage of proof 1869 Indian cents was a
not-overly-generous 600 pieces. This fact, however, does not fully explain the rarity of attractive specimens in today's market. For unknown reasons, Mint personnel seem to have polished the obverse dies for this issue after the hardening process. In addition, many of the proof Indian cents from the late 1860s and early 1870s were struck from leftover reverse dies that had been polished and repolished numerous times. This combination of factors means that many proof 1869 cents are not deeply reflective and, thus, are somewhat limited in eye appeal. Not so the present Premium Gem. Both sides glisten with appreciably mirrored fields. The aesthetic quality of the piece further benefits from full mint luster in deeply set olive hues that brighten to reddish-orange color under a light. Certain angles also reveal a blush of golden shading along the left reverse periphery. Neither the crisp striking definition nor the smooth surfaces are worthy of even the most trivial criticism. A lovely and technically impressive specimen that seems worthy of the finest collection. Population: 2 in 66 Red, 0 finer (6/08).
From the Estate of Robert R. Rollins Collection, Part Three.(Registry values: N2998)

Coin Index Numbers: (NGC ID# 229M, PCGS# 2296, GSID# 1515)

Metal: 95% Copper, 5% Tin and Zinc
Weight: 3.11 grams
Weight: 0.10422oz
Mintage: 600


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Auction Info

Auction Dates
Jul-Aug, 2008
30th-3rd Wednesday-Sunday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 528

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Jul 31, 2008 for: $5,751.15
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