195

1859 1C PR66 NGC

Currency:USD Category:Coins & Paper Money Start Price:7,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1859 1C PR66 NGC
<B>1859 1C PR66 NGC.</B></I> This period is often heralded as the beginning of American coin collecting as a hobby for ordinary (unwealthy) folks. Apparently, the emergence of the new small cents--first the Flying Eagles, followed by the Indian cent--was the most direct cause of this new phenomenon. Suddenly, the U.S. Mint began producing larger proof issues in order to accommodate the new wave of collectors. The first-year 1859 Indian cent thus had a relatively sizeable production of 800 pieces. Few of those coins have survived at the Premium Gem grade level, however. This example is sharply struck with lovely tan-gold color and highly reflective fields. Only a few flyspecks can be found, on the obverse, and more serious distractions are nonexistent. Census: 19 in 66, 2 finer (6/07). <I>From The Santa Fe Collection.</B></I><BR><BR><B>Coin Engraver:</B> James B. Longacre<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>\)