1870 $1 J-1019 PR(PCGS#61267)

The Regency Auction 28

Auctioneer

Legend Rare Coin Auctions

Lot Number

655

Grade

PR65

Price

14,688

Lot Description

A beautiful GEM Cameo example of James Longacre's Indian Princess Seated design, struck in aluminum with a reeded edge. Rated as R-7+ with an approximately three examples known. The mirrors are beaming and reflect like a frozen lake. All of the details are fully frosted and exacting in the precision in which they were struck. A delicate dusting of color can be seen on both sides, attesting to the absolute originality of this GEM! Aluminum is a very soft metal, and is often susceptible to corrosion or hairlines; this GEM displays none of the former, and only the faintest of the latter, producing an AMAZING eye appeal. PCGS 2, NGC 0, CAC 1. This is the former William Rau coin that realized $13,200 in the 2018 CSNS auction. The other PR65, is in the Bob Simpson Collection. We sold the ex Denali Collection coin in October 2017 for $15,863. This GEM is worthy of the finest cabinet of GEM patterns. Good luck! Cert. Number 12764013 PCGS # 61267