1831 1C, BN PR(PCGS#1796)

The Regency Auction 47

Auctioneer

Legend Rare Coin Auctions

Lot Number

128

Grade

PR64BN

Price

30,550

Lot Description

This is a marvelous near-GEM Proof Coronet Large Cent. A stunning and original coin! Moderately reflective mirrored fields are exceptionally clean and sleek. The mirrors really appear when you twirl the coin. In fact, we used a strong glass to look around and found NO imperfections. There are many original colors on this beautiful piece, ranging from rich chocolate brown, olive, blue, and gold swirl all over. There are no spots or discolorations. Miss Liberty and the details are needle sharp in strike. The eye appeal is fantastic! PCGS 4, NGC 3, CAC 2. It is estimated only 30 were ever minted! The last PCGS CAC coin to sell in auction was back in April 2016 for $23,500 (in 2015 the same coin brought $29,325). That was 5 forever years ago. Here you have an obsolete copper coin that is 190 years old, and is in top condition. It is estimated that fewer than 30 were ever minted. If this was the same date in silver, in this grade it would be worth $125,000 (a Proof Bust 50C sold for that in 2014). What a great deal and coin this true rarity is! Cert. Number 25052270 PCGS # 1796.00