1856 1C Flying Eagle PR(PCGS#2037)

The Regency Auction 39

拍卖行

Legend Rare Coin Auctions

批号

117

等级

PR65+

价格

349,401

详细说明

A truly remarkable GEM example of this first year of issue small cent. Stunning in both technical and aesthetic qualities. High end and very pleasing, this PR65+ example is the picture perfect example of this historically important issue. By the early 1850s, the cost of copper rose to the point where the large cent was no longer a viable coin, and the half cent had little use in commerce. Starting in 1850, and progressing to mid decade, the mint began experimenting with different sized planchets and different alloys. By 1856, they decided on the familiar diameter we still use today, but thicker and a copper/nickel alloy. A small number were struck in 1856 for VIPs. The total mintage is approximated at 1,500, many of the survivors are lower grade or impaired. Though scarce, GEMS are seen in auction a few times per year, and always bring strong prices when they do, especially when CAC approved. Highly reflective mirrored fields are very pleasing to the eye. They have a watery, shimmering look with a brilliant flash all over on both sides. Delicate accents of pale blue grace the natural orange-rose hue of the copper-nickel planchet on the obverse, while the reverse has a light overtone over the reflective surfaces. Both sides of this GEM are razor sharp in definition. Totally original, this 56 Flyer is an incredible survivor, one that belongs in a SUPERB collection. PCGS 63, NGC 32, CAC 24. There are just three in PR65+ at PCGS and just seven graded higher. The only PR65+ to sell in auction realized $52,800 in March 2018, well above the current PCGS Price Guide value of $40,000. NOTE: we sold a PCGS PR66 CAC for $70,500 in our September 2019 Regency Auction, and though there are three graded higher than that one, NONE have sold. This is one of the FINEST on the market, and will delight any advanced collector! Good luck! Cert. Number 39135198 PCGS # 2037