1869 5C J-687, RB PR(PCGS#70912)

The Regency Auction 43

拍卖行

Legend Rare Coin Auctions

批号

342

等级

PR64RB

价格

39,812

详细说明

An incredibly RARE pattern Shield nickel. This is the ONLY example graded by PCGS or NGC in ANY color designation. Regular die trial, struck in copper with a plain edge, this is listed as Rarity-8 in the 10th Edition of Judd; Rarity7 in Pollock and on the USPatterns.com website. These were struck for collectors and included in off-metal strike sets. With the rarity of these off-metal strikings, Herb Melnick suggested that perhaps only two or three of these sets were struck. Being the ONLY one graded by either service, it is quite possible that his estimate is correct. Regardless, we have been able to find just two or three distinct pieces: 1. The present near-GEM (which may be #3 or #4 below); 2. The King Farouck specimen, possibly the coin in the August 1983 Steve Ivy sale, lot 4588; 3. Herb Melnick's November 1983 sale, lot 1089; 4. Quality Sales Corp's October 1978, lot 1343. Wonderful reflective red copper surfaces have a dusting of iridescent toning on both sides. A carbon spot at 9:00 will forever serve as a pedigree marker. The eye appeal is excellent. The fields are otherwise satiny smooth and icy with no serious defects. Incredibly RARE and as the only one certified by either service, it has likely been absent from the greatest Pattern collections ever assembled including the Queller-Lemus and the Bob Simpson Collections. PCGS 1, NGC 0, CAC 1. Yes this is the coin that sold in April 2014, realizing $4,259 and the current Collectors Universe value is listed at $4,500. Missing from the Simpson Collection, another example will not be coming up for sale again once this near-GEM sells. As the recent sales of the Simpson Collection has shown, the demand for these rarities is quite strong! Good luck! PCGS # 70912.00