1861 1C PR(PCGS#2256)

The Regency Auction 43

Auctioneer

Legend Rare Coin Auctions

Lot Number

26

Grade

PR66

Price

21,150

Lot Description

Outrageous and outstanding! Tied for HIGHEST GRADED at PCGS, this is an incredible Proof 1861 cent! From the standpoint of technical quality and aesthetic appeal, this coin is off the charts! Stunning, flashy fields are pristine to the naked eye and even under deep magnification are essentially flawless. Every detail is crisp with razor sharp strikes on both obverse and reverse. A blush of the faintest iridescent toning attests to the originality of this GEM and makes it stand out of the pack tied at the top of the Pop. Only 1000 Proofs were struck. PCGS 5, NGC 6, CAC 3. No CAC-approved example in PR66 has ever sold in auction. A non-CAC PCGS coin sold in September 2013 for $24,675 and more recently a PCGS/CAC PR66+ CAM sold for $55,813 in our August 2020 Regency Auction. It would not shock us if this coin brought somewhere in the middle of those two price points. Bound for a SUPERB set of Indian Head cent Proofs or Civil War coinage. Either way, the next owner should be proud to own this beauty! Cert. Number 40714047 PCGS # 2256.00