1916 1C PR66 Red NGC....

Click the image to load the highest resolution version.

Sold on Feb 23, 2005 for:

$10,925.00 Bid Source: Internet bidder

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

Conditionally Rare 1916 Matte Proof Cent, PR66 Red NGC

1916 1C PR66 Red NGC. The 1916 (1,050 pieces produced) is the most conditionally challenging date in the matte proof Lincoln Cent series. A total of only 29 specimens have received a Matte Proof (Red) grade at NGC and PCGS combined, five of these grading PR66, with just one piece finer (1/05). Furthermore, the absolute rarity of the 1916 is equal to that of the lower mintage 1909 VDB. This is a coin that truly "carries its own credentials." It is recognizable at arm's length as a matte proof and really needs no certification. It is also obviously a well preserved example as it shows no apparent contact marks or carbon spots on either side. The granular surfaces have an overlay of satiny mint luster and show unusually bright coloration. We call attention to this because these proofs were shipped from the Mint in sulphur-laden paper envelopes and the coins toned very quickly as a result, leading one to the conclusion that this piece must have been taken from the Mint envelope as soon as it was received in the mail. Both sides are bathed in reddish-orange shades. Very rare in this condition. The strike is crisp in all areas. An out-of-the-way toning spot at 7 o'clock on the obverse rim should help trace the pedigree of this important Lincoln Cent. Population: 2 in 66, 1 finer (1/05).(#3326) (Registry values: N7079)

Coin Index Numbers: (NGC ID# 22KZ, PCGS# 3326, GSID# 2496)

Metal: 95% Copper, 5% Tin & Zinc
Weight: 3.11 grams
Weight: 0.10422oz
Mintage: 1,050

View Certification Details from NGC