1871 5C J-1056, RB PR(PCGS#71315)

The Regency Auction 27

Auctioneer

Legend Rare Coin Auctions

Lot Number

581

Grade

PR67RB

Price

9,106

Lot Description

FROM THE STEVEN COOK COLLECTION, PART 2. Listed as R-8 in Judd, it is most likely an R-7+ in reality. Regular Proof Dies struck in copper with a plain edge. The FINEST numerically certified example by either PCGS or NGC. EXCESSIVELY RARE. Much original RED color blazes in the obverse fields with lots of violet-blue-teal iridescent hues on the reverse. The eye appeal is excellent. PCGS 0, NGC 1. We submitted this coin for crossover to PCGS. After reviewing it again, we feel it is a SOLID 66+ RB (we make no guarantees). The Bob Simpson coin is the PCGS PR66 RB. Mr. Simpson paid $23,000 for his coin as a PCGS PR65 RB in January 2008. This coin sold in a notoriously weak 2015 FUN auction for $8,225. Since then the pattern market has perked up with new players having begun very serious collections. The current Collector's Universe price in 66 is $18,000. We do expect very strong bidding for this SUPERB coin when it crosses the block. Cert. Number 3779230-003 PCGS # 71315