1861 1C, CAM PR(PCGS#82256)

May 2019 Baltimore U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

1014

Grade

PR65CAM

Price

7,800

Lot Description

Impressive Gem Proof 1861 Indian Cent 1861 Indian Cent. Snow-PR2. Proof-65 Cameo (PCGS). This beautiful Gem Proof 1861 cent offers a rare cameo finish for the issue. The fields are deeply mirrored and form a splendid backdrop to fully defined, more satin-textured devices. Pretty tangerine orange color blankets both sides, with the obverse a bit more vivid than the reverse. Expertly preserved and solidly in the Gem category, this impressive strike and condition rarity will be a highlight in its next collection. Although the Mint struck approximately 1,000 Proof Indian cents in 1861, only 134 specimens had been distributed to collectors by April 30. The outbreak of the Civil War probably meant that few additional examples found buyers by year's end, and we suspect that the vast majority of coins struck were later released into circulation. A scarce and underrated issue, represented here by an exceptional Cameo Gem specimen. PCGS Population: 5 in this category, all Proof-65 Cameo. PCGS# 82256. NGC ID: 229B. Click here for certification details from PCGS.