1863 10C J-326a PR(PCGS#60485)

The Regency Auction 27

Auctioneer

Legend Rare Coin Auctions

Lot Number

522

Grade

PR64

Price

1,704

Lot Description

FROM THE STEVEN COOK COLLECTION, PART 2. Ex. David Cassel Collection. R-6+ (13-20 minted). Postage Currency proposal. Small shield with olive branches and arrows around. EXCHANGED FOR U.S. NOTES around. Reverse: Denomination, date, in center, POSTAGE CURRENCY and ACT JULY 1862 around. Struck in billon (PCGS lists the composition as 84% copper and 16% silver) with a plain edge. Deeply toned in shades even brown with olive, gold, and azure overtones. The devices are extremely bold in strike and the surfaces, even under close examination do not reveal any marks or lines. PCGS 7, NGC 2. In the 2015 ANA auction, Heritage offered the David Cassel Collection, a reference collection of these historically interesting patterns. He owned FOUR PCGS PR64s, this one selling for $2,115. The current Collector's Universe value is listed at $3,000 and should attract the attention of any Civil War era numismatic enthusiast! Cert. Number 09460714 PCGS # 60485