LOT Heritage Rare Coin Galleries  /  2007 Jan (FUN) Heritage Signature Coin #422  / 

787

1857 1C Flying Eagle PR65 Cameo NGC. Snow-PR1. As a ru

Currency:USD Category:Coins & Paper Money / US Coins Start Price:22,000.00 USD Estimated At:1.00 - 2.00 USD
1857 1C Flying Eagle PR65 Cameo NGC. Snow-PR1. As a ru
<B>1857 1C Flying Eagle PR65 Cameo NGC.</B></I> Snow-PR1. As a rule, proof Flying Eagle cents dated 1857 and 1858 are actually rarer than those of 1856, and pieces exhibiting any degree of contrast are almost non-existent. Current population data supports the rarity of such pieces. This Gem example has lovely light tan color with traces of pale gold toning. A few inactive spots are evident on each side, mostly hidden within the devices and not obviously apparent. The fields are deeply mirrored around sharply defined and highly lustrous devices, and these physical characteristics are compiled into an aesthetically pleasing piece that will surely please the connoisseur.<BR> This issue predates by a year the systematic production of proof coins for sale by the Mint to active collectors of the time. The current edition of the <I>Guide Book</B></I> inexplicably reports a proof mintage of 485 coins, an extraordinary high figure that is not supported by population information. In <I>A Guide Book of Flying Eagle and Indian Head Cents,</B></I> Richard Snow estimates an actual mintage of just 50 proofs and Dave Bowers published an estimated mintage of 50 to 100 proofs in his <I>Buyer's Guide</B></I> to the series. Auction records also support the lower mintage and a similarly low population. In the current market place, with multiple examples of many different rarities offered in single sales, it is instructive to learn that we have only offered proof 1857 Flying Eagle cents on 39 previous occasions over 14 years.<BR> In Volume 1 of <I>The Flying Eagle and Indian Cent Attribution Guide,</B></I> Snow has identified three different varieties for the 1857 proof Flying Eagle cents. This example is from the PR1 dies identified by Snow with the comment: "PR1 is typically found with deep mirrors and a unquestionable proof look." This Gem Cameo proof clearly matches his comments. Census: 2 in 65, 1 finer (11/06).<BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
Sign In to Bookmark Lot