1863 25C J-337 PR(PCGS#60499)

The Regency Auction 27

Auctioneer

Legend Rare Coin Auctions

Lot Number

596

Grade

PR65

Price

11,750

Lot Description

R-7+ (4-6 minted). A transitional pattern struck from regular issue Proof dies from 1863 and with Motto (post 1866). Struck in aluminum with a reeded edge. ULTRA RARE! This impressive beauty is one of only four graded by PCGS. Sharply struck on both sides with a stunning mirrored, watery reflection that is amazing for a coin in this metal. A few ancient planchet flakes (as made) are mostly hidden by a delicate dusting of iridescent toning, but there is no haze, pitting, or corrosion which is often seen on aluminum patterns. A pattern that was sold in sets of off metal impressions to VIPs. PCGS 2, NGC 0, CAC 1. The current PCGS Price Guide lists a value of $10,000. No other examples have ever sold in auction, and likely the ONLY one available on the market for a long time. Civil War date patterns are a great specialty and we can see very strong bidding for this GEM when it crosses the block. Cert. Number 29970122 PCGS # 60499