2240

1877 1C PR65 Red NGC

Currency:USD Category:Coins & Paper Money Start Price:8,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1877 1C PR65 Red NGC
<B>1877 1C PR65 Red NGC.</B></I> With a mintage of approximately 900 pieces, the 1877 proof cent is the last of the low-mintage specimen issues for the Indian Head series. Its status as the proof counterpart to the famous 1877 business strike issue, however, is the key to its perennial popularity and corresponding price tag. Demand for examples with fully Red surfaces is especially strong.<BR> The vibrant copper-orange surfaces of this Gem show only the slightest evidence of mellowing at the right reverse. The strike is crisp, and a touch of haze over the obverse fields gives the piece a warm, delightful aura. A pair of small, isolated dots of carbon appear on the portrait, one at Liberty's cheek and the other at the neck, though these are trivial in context. Census: 11 in 65 Red, 3 finer (3/08).<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>)