LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

2678

1858 1C Small Letters MS66 PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:11,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1858 1C Small Letters MS66 PCGS
<B>1858 1C Small Letters MS66 PCGS.</B></I> Ex: Joshua and Ally Walsh. Low Leaves Reverse, Open E in ONE. This dazzling Premium Gem displays iridescent peach and gold patina throughout the obverse. The reverse exhibits luminous honey hues. The piece is well struck and carefully preserved, and a fleck or two of carbon at 1 o'clock on the reverse is barely worthy of notice. The dies are clashed and slightly rotated, with the reverse die a bit misaligned toward 8 o'clock. The present piece represents a scarce subtype: Rick Snow estimates that only about one in four Small Letters cents exhibits an Open E. The Small Letters hub was only struck in 1858, and the Flying Eagle type was struck for only three years, if the small pattern issue of 1856 is included. The short lifespan of the attractive type limits the number of high grade survivors, which are always in demand from type collectors. Population: 8 in 66, 0 finer (11/07).<BR><I>From The Madison Collection.</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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