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1909 1C VDB PR66 Red and Brown PCGS. CAC....
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Sold on Jun 23, 2014 for:
$55,812.50
Bid Source: Live: Phone bidder
Description
1909 VDB Cent, PR66 Red and Brown
Desirable Matte Proof Specimen, Few Finer
1909 1C VDB PR66 Red and Brown PCGS. CAC. The surfaces of
this Premium Gem Red and Brown proof exhibit appealing red-orange
color overall, with a few slightly deeper areas of color present.
The strike is sharp and the quality is consistent with the PR66 Red
and Brown grade, as evidenced by the CAC seal.Population Data (4/14): PCGS shows eight in PR66 Red and Brown, and only two are finer. NGC shows five in the same grade.
Heritage Commentary: This is a wonderful representative from the inaugural year of the Lincoln cent series. Neither the original matte proof mintage figure nor the distribution record is known with certainty for the 1909 VDB Lincoln cents. The 2014 Guide Book states 1,194 examples were reported struck, with 400-600 estimated to have actually been issued. Researcher Kevin Flynn posits that 420 proofs were struck, based on some Mint reports from 1947. Regardless of the actual number, this is an exceptional and well-preserved survivor.
Although many business strikes have been passed off as matte proofs over the years, there are a number of distinguishing characteristics. The proofs exhibit strong details along with square, sharp-edged rims. In addition, they also display a die marker touching the back of Lincoln's coat as well as one underneath the R and T of LIBERTY. The obverse also reveals a few die scratches in front of Lincoln's nose.
Many of the examples certified as PR66 are tightly held, making auction appearances infrequent and adding to the desirability of this exceptional specimen.
Provenance: Pennsylvania Cabinet (Bowers and Merena, 11/1997), lot 193.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 22KR, PCGS# 3301, Greysheet# 2471)
Weight: 3.11 grams
Metal: 95% Copper, 5% Tin & Zinc
Auction Info
2014 June 23 The Eugene H. Gardner Collection of US Coins Signature Auction - New York #1213 (go to Auction Home page)
Auction Dates
June, 2014
23rd
Monday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 2,685
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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