3045

[L#3045] 1861 1c PCGS PF64

Currency:USD Category:Coins & Paper Money Start Price:625.00 USD Estimated At:2,500.00 - 2,990.00 USD
[L#3045] 1861 1c PCGS PF64
A beautiful example with lightly frosted devices and moderately deep mirror fields. No unsightly contact marks are visible, making this an attractive example of one of the tougher Proof dates. Similar to the 1860 Proof, many Proof cents of 1861 were struck only once with more or less mirrored dies. This slackness of quality control at the Mint has made 1861 a real devil to locate in gem condition. Out of an original mintage of 1,000, perhaps 400 were released. The survival rate seems to be quite low; it may be that many substandard examples were spent or were included in collections as non-proofs. Be that as it may, there is growing collector demand for this copper-nickel issue in choice condition as found here. Expect some competition for this beauty.