1858 1C J-202 PR(PCGS#11867)

The Regency Auction 51

Auctioneer

Legend Rare Coin Auctions

Lot Number

300

Grade

PR65

Price

5,875

Lot Description

FROM THE GLORIOUS PATTERN COLLECTION. We have seen a few of this copper nickel pattern in our careers, and this coin certainly ranks among the best! Longacre's "Skinny" flying eagle type, is a Rarity-5, 31-75 minted. No question this coin is HIGH END in quality. Moderate mirrors are super clean and have light reflection. There is an even and NOT dull layer of pale golden-brown toning spread all over. The color is totally original. There is one tiny fleck and otherwise, there are no spots or problems. Every detail is fully struck and stand out. The eye appeal is great-not just in quality but design too! PCGS 11, NGC 6, CAC 1. PCGS has graded only 2 coins higher. Both are impounded in major collections. The current Collectors Universe value is $6,000.00. You can't buy a regular GEM Proof 1C 1858 for less than $20,000.00 (if you could even find one). We feel the value of this Pattern is too cheap. We expect time to correct it. Cert. Number 37510050 PCGS # 11867