4269

1872 1C MS65 Red PCGS.

Currency:USD Category:Coins & Paper Money Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1872 1C MS65 Red PCGS.
1872 1C MS65 Red PCGS. Only four million 1872 Indian cents were originally struck, and while many pieces entered circulation extensive melting seems to be the primary factor in explaining the absolute and condition rarity of this date. According to Richard Snow (1992), the Mint redeemed vast quantities of earlier cents in the 1873-1875 era. These coins were melted to provide copper for additional cent deliveries in those years. As a result, this issue is generally not available in Gem condition and with full red color. The obverse of this piece shows pinpoint striking details, while the reverse is slightly soft on the shield and several of the leaves on the left side of the wreath. Full, glowing, unmellowed mint red color is seen over each side of this lovely, original semi-key issue. Population: 11 in 65, 2 finer (10/03).From the Richard Collection. Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.