1883 1C, RD PR(PCGS#2338)

August 2019 ANA U.S. Coins Auction Rosemont, IL

Auctioneer

Stack's Bowers

Lot Number

5031

Grade

PR66+RD

Price

16,200

Lot Description

Gem Proof 1883 Cent 1883 Indian Cent. Snow-PR3. Proof-66+ RD (PCGS). CAC. Here is a bright and vivid Proof cent with semi-reflective fields supporting satiny devices. Both sides are light orange color, and the design elements are fully impressed with razor sharp detail throughout. The surfaces are smooth and attractive. At 6,609 pieces produced, the 1883 has the highest mintage in the Proof Indian cent series. This generous total reflects an increase in minor Proof coin sales that year due to a multitude of nickel five-cent types (Shield; Liberty Head, No CENTS; Liberty Head, With CENTS). According to Rick Snow (2014), the first minor coin Proof sets prepared that year included both the Shield and Liberty Head, No CENTS nickels, along with the Indian cent and nickel three-cent piece. Later sets had three pieces with the Indian cent, nickel three-cent piece and Liberty Head, With CENTS nickel. As one of the finest certified survivors of the year's Proof cent issue, this beautiful 1883 Indian would serve with distinction in an advanced type or date set. Provenance: From the ESM Collection. PCGS Population: 1; 1 finer in this category (Proof-67 RD). CAC Population: 2; 0. PCGS# 2338. NGC ID: 22A4. Click here for certification details from PCGS.