Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

    Description

    Rare and Intriguing 1964 Lincoln Cent, A PCGS-Certified "SMS" Example

    1964 1C SMS MS64 Red and Brown PCGS. These mysterious coins first surfaced in either 1993 or 1994. We do not know the exact circumstances under which they were produced, but they were most likely created during the Mint's search for an alternative to proofs, delivery of which was suspended from 1965 through 1967. Although PCGS uses the attribution of "Special Mint Set" to describe these enigmatic 1964 Cents, NGC classifies them as "Specimens," and, to further muddy the waters, ANACS uses the term "Satin Proof" on its inserts. The PCGS designation no doubt stems from the fact that Stack's, who handled some of the first examples to enter the numismatic market, speculated that these coins are prototypes for the Special Mint Set deliveries of 1965-1967. The fact that Stack's also dispersed 1964-dated Nickels, Dimes, Quarters, and Half Dollars with the same finish (all of which were reportedly consigned to the New York auction house by a dealer who obtained them from the estate of a former Mint employee) lends a certain measure of credibility to this theory. Whether or not these coins are direct predecessors to the Special Mint Set coinage of 1965-1967, they are certainly experimental pieces of one kind or another, and they undoubtedly played a part in helping the Mint settle on a suitable replacement for its traditional proof deliveries.
    Writing in 1996, David W. Lange (The Complete Guide to Lincoln Cents) speculated that these coins were produced at the Philadelphia Mint in the fall or summer of 1965. This time frame seems reasonably, since the Mint was still using 1964-dated dies at that time, but the coins may also have been produced at the San Francisco Mint (none of the operational Mints used mintmarks from 1965 through 1967). We do not know exactly how many of these experimental 1964 Lincoln Cents were produced, but PCGS has seen just four coins in Red and Brown and 15 examples in Red (9/02). One of the former specimens, this mostly lustrous near-Gem reveals dappled cherry-red and orange-red coloration with some olive-gray tinting on the obverse. The definition is expectantly sharp for an experimental striking, and the squared off borders are diagnostic of the variety. A loupe reveals die polish lines in the fields, which are also characteristic of the variety, but the surfaces show little in the way of distracting carbon. Although this issue begs for further study, we feel confident in stating that the rarity of these experimental Cents has already gained widespread acceptance among collectors who specialize in this ever-popular 20th century series. (PCGS# 3283)


    Fees, Shipping, and Handling Description: (view shipping information)

    Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    November, 2002
    21st-23rd Thursday-Saturday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 1,956

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $6) per lot.

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 31 days left to consign to the 2017 June 7 - 12 Long Beach Expo US Coins Signature Auction - Long Beach!

    Learn about consigning with us

    HA stands head and shoulders above the rest.
    Steve
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    REALIZED $11,086,652
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    REALIZED $2,407,750
    2017 January 5 - 9 FUN World Currency Signature Auction -
    2017 January 5 - 9 FUN World Currency Signature Auction -
    REALIZED $1,283,993