1865 1C Fancy 5, RD MS(PCGS#2084)

1865 1C Fancy 5, RD MS (PCGS#2084)

August 2018 ANA U.S. Coins Auction Philadelphia, PA

Lot Description: Phenomenal Gem Full Red 1865 Indian Cent Fancy 5 1865 Indian Cent. Fancy 5. MS-66 RD (PCGS). CAC. OGH--First Generation. This is a simply outstanding example of both the type and issue that would serve as a highlight in the finest collection. Bathed in vivid golden-orange color, a blush of reddish-rose further enlivens the lower half of the reverse. The strike is razor sharp throughout, and satiny surfaces are so smooth as to be temptingly close to pristine. This second year bronze Indian cent issue has a mintage of 35,429,286 circulation strikes, a generous total that suggests that there was still a great need for new cents to rectify the coinage shortage in the East and Midwest created by the withdrawal of gold, silver and copper-nickel coins that began early in the Civil War. As an issue the 1865 is readily obtainable in Mint State, although with the quality and eye appeal offered here it is a major condition rarity. As one of the finest examples known to PCGS, in fact, this lovely coin is sure to have no difficulty finding its way into another impressive Indian cent set. Provenance: From the ESM Collection. PCGS Population: 14; 0 finer. PCGS# 2084. NGC ID: 227N. Click here for certification details from PCGS.