1866 5C J-488, RB PR(PCGS#70684)

The Regency Auction 52

Auctioneer

Legend Rare Coin Auctions

Lot Number

296

Grade

PR64RB

Price

29,375

Lot Description

FROM THE GLORIOUS PATTERNS COLLECTION PART II Ex Simpson, as noted on the insert. This is truly a fabulous and well pedigreed pattern nickel. Featuring a portrait of the recently slain Abraham Lincoln on the obverse, date below, UNITED STATES OF AMERICA above. The reverse has 5 CENTS within a large wreath, small IN GOD WE TRUST above. Struck in bronze with a plain edge, this is a very popular and important high Rarity-7 issue. Ample original red color mingles with an overlay of brownish-blue/violet. The details are razor sharp and bold throughout and the surfaces are generally smooth. There are two distinct toning marks on the obverse that will hallmark this near-GEM for every generation of collectors that came and those that are yet to come. Ex Garrett Collection, Bowers & Ruddy, March 1980, Lot 989; Bowers & Merena's Sale of the Lucien M. La Riviere Collection, Part II, March 2001, lot 1017; intermediaries; Bob R. Simpson Collection; Heritage's sale of selections from the Bob R. Simpson Collection, August 2010, lot 5681; Legend Rare Coin Auctions' December 2014 Regency Auction, lot 337. PCGS 1, NGC 2. Bob Simpson owned three examples of this Judd number: in addition to this piece, he owned the PCGS PR64+ BN CAC sold for $28,800 in August 2021 (ex ANR March 2005) and a PCGS PR66 RB CAC that sold for $45,600 in January 2022. The current PCGS Price Guide value is $30,000 and we would not be surprised at all if that level was challenged when this near-GEM crossed the block! Good luck. Cert. Number 16102092 PCGS # 70684