1912 1C, RD PR(PCGS#3314)

June 2025 Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

1383

Grade

PR66RD

Price

12,000

Lot Description

A condition rarity par excellence from the early Proof Lincoln cent series. Typical of the issue, both sides are fully struck with a finely textured, satin to matte-like texture. Atypical of the issue, the surfaces retain fully original mint color in vivid, undiminished, pale orange-gold. Subtle silver-olive undertones are discernible at more direct viewing angles to further enhance the eye appeal. Smooth Gem quality overall, and sure to catch the eye of advanced bidders.<p>The 1912 is one of the scarcer Satin Proofs of the 1909 to 1916 era, this despite a fairly generous (for the type) mintage of 2,172 coins. Writing in the 1996 reference <em>The Complete Guide to Lincoln Cents</em>, David W. Lange suggests, "It's quite possible that the published figure is for the quantity of coins struck, while a number may have remained unsold at the end of the year and were destroyed." The author also notes that the 1912 is "a major condition rarity" and, indeed, this is the only full Red Gem that we offered in nearly two decades. Top-of-the-pop standing that would do justice to the finest Proof Lincoln cent set.