Goldberg Coins and Collectibles



Sale 62

The Pre-Long Beach Coin and Currency Auction


Small Cents
 
 
Lot Photo Description Realized
Lot 1026
1856. . Snow-3. PCGS graded MS-64. Well struck with nice even toning. No center dot on the reverse. Extremely rare in Mint State. A solid strike in all regards. Moreover, the satiny surfaces are balanced with natural toning atop the luster, the strike is as we said clear-cut, while the eye appeal is nothing short of exceptional. Pop 34; 14 finer, 11 in 65, 1 in 65+, 2 in 66 (PCGS # 2013) .

The obverse die of this variety is easily identifiable by repunching on the 5 in the date. Although one will often need a loupe to discern this feature, it is strong on the present example. This die was also used to strike coins of the Snow-1 and Snow-10 varieties. The most evident reverse diagnostics are the high leaves at the C and T in CENT. This reverse die was also used to strike Snow-8.

During 1856, Congress was considering the bill which became the Act of February 21, 1857. This authorized flying eagle cents weighing 72 grains to be struck from an alloy of 88% copper and 12% nickel. These were intended for the redemption of the large cents, as well as for the fractional parts of the Spanish and Mexican dollars, which had been passing freely throughout the country since its inception.

During this period the Melter and Refiner, Booth, had continued the experiments, trying to find a better alloy for the cent, under instructions from the Director of the Mint, J. R. Snowden. On July 11, 1856, Mr. Snowden reported to the Secretary of the Treasury, James Guthrie, that recent experiments had shown an alloy of 88% copper and 12% nickel to be far superior to bronze. "I have accordingly caused some specimens to be struck, fifty pieces of which I send you by Mr. Colmisnil, an agent of the Department. To prevent expense & delay we have used the half-cent dies. The specimens will show that the mixture receives a good impression from the dies, and exhibits its color and general appearance." Mr. Snowden then proposed that cents be authorized in this alloy with a standard weight of 72 grains, maximum deviation 3 grains. And these became the famous 1856 Flying Eagle Cents.
Estimated Value $20,000 - 22,000.
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Realized
$24,150
Lot 1027
1856. PCGS graded Proof 63. A popular key date. Well struck and reddish-brown. Only 2000 struck. A bold example of the most advantageous middle-range Proof grade for a collector. Its high degree of broad-spinning surface luster pulses beneath the toned highlights. Nicely struck, too, as one would expect with a carefully made Proof -- not even a hint of weakness at the usual Achilles' heel of the flying eagle cents, the ribbon bow on the reverse that ties together the twos halves of the wreath.

According to A Buyer's and Enthusiast's Guide to Flying Eagle and Indian Cents written by Q. David Bowers

"Proof coins are said to have been struck during this era by using a screw press which operated more slowly than a steam-powered press. However, it is possible that knuckle-type presses of the regular steam driven variety were employed, but at a slower speed than in the Coining Department. Production took place in the Medal Department, which was separate from the mass-production coinage facility and which was loosely supervised. No records survive of the specific quantities struck of Proof Flying Eagle cents, if indeed any records were ever kept.

"To create a Proof Flying Eagle cent, polished obverse and reverse dies compressed a cleaned and lightly polished planchet that was placed into the die and removed by hand, so as to prevent marks. It was recommended to strike each coin twice to fully bring up the sharpness of the design, but in practice many if not most seem to have been struck just once. Further, it seems likely that certain specimens made for collectors were struck on ordinary (not cleaned or lightly polished) planchets. Thus, Proofs among certain copper-nickel cents of this era cannot be as easily differentiated as can be contemporary silver and gold Proof coins." (PCGS # 2037) .
Estimated Value $12,000 - 13,000.
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Lot 1028
1856 Flying Eagle S-1 PCGS graded Genuine Proof. Approximately 1,500 struck. Our grade is sharpness of PR45. The surface is somewhat granular which has the tendency to mute the main legends and devices which, however, are wholly present.

Mint designer-engraver James Barton Longacre reworked Gobrecht's famous flying eagle of 1836-9 and placed it on the obverse of America's newly introduced Small Cents. These were first given the name "white cents" by the public and must have been strikingly brilliant and silvery when new compared to the old red Large Cents then being withdrawn. For the reverse Longacre adapted his first wreath of cereals design first used on Gold Dollars and Three-dollar Gold pieces but differing from the wreath used on half dimes and dimes of the period. Together, these borrowings combine to give us one of our nation's most distinctive and attractive coin designs. It is unfortunate the Flying Eagle had to be retired so early. Unfortunate, that is, for lovers of artistic coinage; but fortunate for today's avid coin buyers.

The first flying eagle motif was used to make at least two master dies, one with Style of 1856 letters used for all 1856 cents and some early 1857 cents; and the Style of 1857 letters used to make most 1857 and about half of the 1858 cents. This first flying eagle motif had smoothed feathers at the top of the neck, as here, a complete circle or ring around the eye, and a few other features differing from the other style.
Estimated Value $8,500 - 9,000.
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Lot 1029
1857. PCGS graded Proof 62 Cameo. A well struck example with plenty of flashy mirror surfaces and contrasting frosty devices. A Premium Quality razor-sharp example with lots of eye-appeal. Only 485 Proofs struck. Whenever the reader comes across our term "Premium Quality" it means that the grading service in our opinion was unduly austere in its judgment. Perhaps the luster is a bit brighter than usual for the given grade, or perhaps, as well, the devices are cleaner, sharper or fresher than average. Note that we uses the Premium Quality modifier sparingly, and only where fully justified. Pop 1; 13 finer in proof cameo (PCGS # 82040) .

Amusing side note: On the dollars of 1836, 1838 and 1839, and the nickel cent coins in 1856-58 is the portrait of an American eagle which was for many years a familiar sight in the streets of Philadelphia. "Peter," one of the finest eagles ever captured alive, was the pet of the Philadelphia Mint, and was generally known as the "Mint bird." Not only did he have free access to every part of the Mint, going without hindrance into the treasure vaults where even the treasurer of the United States would not go alone, but he used his own pleasure in going about the city, flying over the houses, sometimes perching upon lamp posts in the streets. Everybody knew him, and even the street boys treated him with respect.

In stuffed form after his death, Peter was exhibited widely including at the Treasury exhibit at the World's Columbian Exposition in Chicago in 1893. Today the bird is on view in the lobby of the Philadelphia Mint on Independence Square.
Estimated Value $5,500 - 6,000.
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Lot 1030
1857. NGC graded MS-66. Boldly struck. Pop 12; none finer at NGC .
Estimated Value $4,000 - 4,400.
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Realized
$4,198
Lot 1031
1857. PCGS graded AU-50. We note that the date is doubled. In an old green label holder (PCGS # 2016) .
Estimated Value $150 - 170.
The William Pannier Estate.

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Realized
$299
Lot 1032
1858. Large letters. NGC graded MS-66. Well struck with lovely toning on both sides. Pop 18; 2 finer .
Estimated Value $4,500 - 5,000.
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Realized
$4,198
Lot 1033
  1858. Small letters. NGC graded AU-58. Together with: 1858 Small letters PCGS AU-50. Lot of 2 coins.
Estimated Value $175 - 200.
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Realized
$432
Lot 1034
1858, 8 over 7. PCGS graded MS-63. Accompanied by an Eagle Eye certificate. A popular Red Book variety. One of the choicer examples of this very popular overdate. One must look carefully to find any imperfections. This coin has an even light tan tone. A small area between the wing and the I in UNITED appears to be merely unevenness in the planchet. This coin has all the look of a higher grade.

The strike is as full as this issue is seen. There is slight weakness on the tops of the leaves on the reverse, but this is how this issue comes. No 1858/7 has been seen with very much more detail in this area than this coin. For the longest time there has been resistance on the part of the grading services to grade many choice to gem 1858/7 flying eagle cents. This may be because of the weakness on the reverse. Since this weakness is on all coins from these dies, should it be a factor in limiting the grade?

An early die state, the 7 digit shows very clearly above and to the right of the last 8. The diagnostic die dot above the date is bold and triangular in shape.

The die states of this issue are very important because nearly 75% of the entire issue is from late state dies with little or no evidence of the 7 showing. Collectors who desire top quality examples of this date prefer to see the 7!

This is a major opportunity to acquire on of the choicer examples of this popular overdate. This issue is normally collected as part of the regular issue Flying Eagle series, adding to its desirability. Pop 21; 28 finer (PCGS # 2022) .
Estimated Value $7,000 - 8,000.
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Lot 1035
1858, 8 over 7. PCGS graded AU-55. Accompanied by an Eagle Eye certificate. A popular Red Book variety. Attractive light tan surface with minor weakness at the tail tip and on the wreath. Very choice fields and devices which are free of marks and spotting. Pop 10; 73 finer (PCGS # 2022) .
Estimated Value $1,500 - 1,600.
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Realized
$2,013
Lot 1036
  A group of 1857 Flying Eagle Cents. Consists of: PCGS EF-45, PCGS EF-40, PCGS VF-35 (2), NTC AU-58 (our grade is VF cleaned). Lot of 5 coins.
Estimated Value $200 - 225.
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Realized
$403
Lot 1037
  A lot of PCGS graded 1858 Flying Eagle Cents. Consists of: 1858 Large Letters VF-30 (2) and VF-25; 1858 Small Letters EF-40 and Fine 12. Lot of 5 coins.
Estimated Value $170 - 190.
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Realized
$368
Lot 1038
1859. NGC graded Proof 65. Lovely golden toning with a hint of added iridescense on the reverse. A well struck and beautifully preserved Gem that has a reflective sheen to it, with gorgeous appearance overall. Interestingly, the 1 in the date seems to be shorter than the other numerals, although this may be an optical illusion. There are no planchet imperfections nor spots seen anywhere on the piece. The Indian (actually, Liberty wearing a decorative feathered headpiece in the form of an Indian headdress) is in cameo relief against the mirror field. A desirable one-year Type.

Designed by James Barton Longacre, the Indian cent made its debut in 1859. This initial delivery displayed a simple reverse design with the denomination ONE CENT inside a laurel wreath. Since Longacre's oak wreath and shield motif was adopted in 1860, the 1859 has become doubly important as a one-year type. Only 800 Proofs struck. Pop 33; 19 in 66; 2 in 67.
Estimated Value $3,000 - 3,300.
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Lot 1039
1859/1859 FS-006.3. NGC graded MS-63. Accompanied by an Eagle Eye certificate. Major repunching on all four digits in the date, the die maker punched his logotype in far too low and corrected the mistake, but clear evidence remains. An outstanding deep strike example with very choice surfaces and wonderful eye appeal. There is an area of dark color above the U of UNITED; elsewhere, light copper-nickel tan prevails with a splash of golden color in the feathers and around AMERICA, as per the qualifications for the grade. Popular and important as key variety of this one-year type design featuring Longacre's Indian head design. In 1859 only, a simple reverse design featuring a Laurel wreath reverse around the denomination, "ONE CENT" is used. We refer to this design as the Indian cent, however, the obverse portrait is really "Lady Liberty", a Caucasian representation of an allegorical goddess first bestowed on Longacre's Three Dollar design of 1854 where a feathered headpiece also adorns her hair. On the 1859 Indian cent, Liberty is wearing a headdress of a Native American of the Chippewa tribe. The reverse is actually an olive wreath, although the laurel wreath description is somewhat accurate as their leaves are visually similar.
Estimated Value $2,800 - 3,000.
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Lot 1040
1859. PCGS graded MS-63. Well struck and delicately toned. Desirable one-year Type with a plain laurel wreath reverse (PCGS # 2052) .
Estimated Value $400 - 425.
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Realized
$529
Lot 1041
1860. NGC graded Proof 65 Cameo. Only 1,000 struck. Mostly untoned and well struck. This lovely Gem Proof is blazing with full, almost silvery-tan luster. Fresh and alluring are both sides, with all evidence this has been preserved with loving care; indeed, we are hard pressed to find even a single carbon fleck or imperfection in the surface. Struck with systematic exactness throughout. One of the top pieces graded by this service: Pop 2; 1 finer in 66CAM.
Estimated Value $2,200 - 2,300.
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Realized
$2,415
Lot 1042
1860. NGC graded MS-66. The shield adopted for 1860 and used on the coin until 1909 is simple in design - 13 vertical stripes, or the paleways, surmounted by a set of horizontal lines, or chief.

Another more ornamented shield used with an Oak Wreath for some of the 1858 and 1859 patterns is much more elaborate in design than the shield on the cents in 1860 that the mint chose to go with.

A beautiful example with frosty devices and moderately reflective fields. No contact marks are visible on the obverse, while the reverse has a microscopic nick by the E in ONE. Beyond doubt, this is an outstanding example of this exceptionally desirable date in Gem condition. As with the other 1859-64 copper-nickel Cent issues, many coins struck this year were struck poorly. This lack of quality standards at the Mint has made this a real tough issue to locate in gem condition. The survivor rate seems confirmed by NGC's census, perhaps many substandard examples were subsequently spent. Since there is enormous collector demand for Indian Cents in gem condition, expect fierce rivalry for this beauty. Pop 35; 3 finer in 67.
Estimated Value $1,800 - 1,900.
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Lot 1043
  1861. NGC graded MS-62. Together with: 1861 ANACS MS-62. Lot of 2 coins.
Estimated Value $200 - 250.
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Realized
$316
Lot 1044
1862. NGC graded Proof 67 Cameo. A splendid pinkish-nickel gem proof exhibiting slight iridescense. The 1862, although one of the more available dates in the copper-nickel Proof series, is also one of the better produced issues. This piece represents the best of the best. The fields are well mirrored, impressively so for a copper-nickel issue, and the fields are nearly perfect. Supreme beauty carries over into the delicate toned color, each side displays original hues. A wonderfully preserved and visually enticing Gem Proof 67 Indian Cent. A truly great looking specimen. Pop 4; 1 in 68 Cameo.

Ex Foxfire Collection.
Estimated Value $7,000 - 7,500.
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Lot 1045
1862. PCGS graded MS-63. Housed in an Old Green Holder. Some areas are deeply toned (PCGS # 2064) .
Estimated Value $120 - 130.
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Realized
$204
Lot 1046
1863. ICG graded Proof 65. We note a very minor planchet flaw between feathers 3 and 4. Hints of light iridescense adds to its appeal. Only 460 Proofs struck. Mintage reached a double-low with 1863 (and 1864) when production numbers in the Proof class hit 460 and 470 respectively, the lowest in the regular series (not counting the 1864-L super-rarity).
Estimated Value $1,400 - 1,500.
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Lot 1047
1863. PCGS graded MS-64. Lightly toned, the copper-nickel alloy when new caused these to be called "white cents" but then the 12% copper when it toned led to a range of lovely hues such as seen on this attractive MS64 specimen (PCGS # 2067) .
Estimated Value $250 - 275.
The Haveland Estate.

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Realized
$311
Lot 1048
1863. PCGS graded MS-63. Some luster still visible (PCGS # 2067) .
Estimated Value $120 - 130.
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Realized
$178
Lot 1049
1864 Copper Nickel. NGC graded MS-65. Accompanied by an Eagle Eye certificate. Old Holder. A lovely lustrous eye-catching coin. Pop 105; 16 finer .
Estimated Value $1,300 - 1,400.
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Realized
$1,110
Lot 1050
1864. Copper-nickel. NGC graded Proof 66 Ultra Cameo. A wonderful coin, ultra cameo, ultra beautiful, you may search for years and years before having an opportunity to acquire a comparable coin. So why take the chance. Give it a strong bid. Only 370 Proofs struck. Pop 3; none finer at NGC .

Historical account: The coins that were struck between 1859 and 1864 were composed of 88 percent copper and 12 percent nickel, as required by law. In 1864, the weight of the coins was reduced from 72 grains to the present weight of 48 grains, and the alloy changed to 95 percent copper and 5 percent tin and zinc. Research in 1863 indicated that bronze was an excellent alloy for minor coins, and so the copper-nickel alloy was discontinued. Total production of the Indian Head cent was 1,849,648,000 pieces.

The Director of the Mint, James Ross Snowden, wrote a letter on November 4, 1858, to Secretary of the Treasury Howell Cobb, suggesting that a change be made in the design of the Flying Eagle cent. He pointed out that the relief of that coin was too high, and that the design did not seem too acceptable to the public. Snowden submitted models for a new design, and Secretary Cobb gave his approval to what later became the Indian Head Cent.

According to records at the United States Mint, the design of the Indian Head cent became official on January 1, 1859, and was first released into circulation early that year. When the coin was first produced, Longacre's initials did not appear on the coin, but beginning in 1864, a small "L" was added.
Estimated Value $5,500 - 6,000.
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Realized
$6,900
Lot 1051
1864/4 Copper-nickel. ANACS graded MS-63. Repunched Date. Light natural tan toning. Noticeable recutting at the 4 in the date.
Estimated Value $200 - 225.
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Realized
$437
Lot 1052
1864. Bronze. PCGS graded Proof 65 Brown PQ. Accompanied by an Eagle Eye certificate. Only 370 struck. Lovely colors. Both sides display the typical "look" for this well-made Proof delivery: nicely frosted devices, rolling mirror effects, and boldly struck devices. As we see it, when it comes to the centers of the Indian's features, the hair, feathers and ribbon end with diamond pattern, the strike is above-average, sharp, and well defined in all areas. Pop 7; 3 finer in 66BN (PCGS # 2276) .
Estimated Value $1,800 - 2,000.
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Realized
$2,185
Lot 1053
1864. Bronze. PCGS graded MS-65 Red & Brown. Well struck with lots of mint red. An absolutely gem quality coin. Pop 181; 22 in 66 RB (PCGS # 2077) .
Estimated Value $325 - 350.
The Haveland Estate.

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Realized
$374
Lot 1054
1864. Bronze, with "L". PCGS graded MS-64+ Red and Brown. Loaded with a majority of original mint red. Stored in an old Wayte Raymond folder for over 50 years. Mint officials in 1864 probably considered the addition of Longacre's initial to the ribbon below the lowest feather to be a minor change that was not worth mentioning publicly. It was not until a few years later that the existence of these became known. Pop 1; 68 in 65 RB; 3 in 66 RB (PCGS # 2080) .
Estimated Value $900 - 1,000.
The Haveland Estate.

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Realized
$1,035
Lot 1055
1865. NGC graded MS-64 Brown. Well struck with a hint of mint luster still visible.
Estimated Value $120 - 130.
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Realized
$150
Lot 1056
1866. PCGS graded MS-63 Red & Brown. Nice mint red visible in pleasing woodgrain melding with the warm brown hues. Some light die clash is evident above the feathers. Also there is some faint ghosting of the Indian head within the wreath on the reverse. A scarcer post-Civil War issue (PCGS # 2086) .
Estimated Value $350 - 400.
The Dr. Charles Richman Collection.

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Realized
$311
Lot 1057
1866. NGC graded AU-58 Brown. A boldly struck example.
Estimated Value $160 - 170.
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Realized
$207
Lot 1058
1866. PCGS graded AU-58 Brown (PCGS # 2085) .
Estimated Value $160 - 170.
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Realized
$207
Lot 1059
1866. PCGS graded EF-40 Brown. Nice for the grade (PCGS # 2085) .
Estimated Value $120 - 130.
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Realized
$173
Lot 1060
1866. PCGS graded EF-45 Brown. A pleasing example (PCGS # 2085) .
Estimated Value $120 - 130.
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Realized
$161
Lot 1061
1867/67. MS-64 Red & Brown. Well struck with 50% mint red visible. The 67/67 is very clear.
Estimated Value $1,200 - 1,400.
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Realized
$2,530
Lot 1062
1867. NGC graded MS-65 Brown. Accompanied by an Eagle Eye certificate. Pop 21; 5 finer in 66BN.
Estimated Value $400 - 425.
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Realized
$604
Lot 1063
1868. NGC graded MS-65 Red & Brown. Accompanied by an Eagle Eye certificate. Pop 98; 14 finer in 66RB.
Estimated Value $650 - 700.
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Realized
$690
Lot 1064
1868. PCGS graded MS-65 Red & Brown. Nice mint red still visible. Pop 91; 4 finer in 66RB (PCGS # 2092) .
Estimated Value $650 - 700.
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Realized
$719
Lot 1065
1869/1869 FS-008.3. NGC graded MS-66 Red & Brown. Accompanied by an Eagle Eye certificate. Lots of mint red. A superlative gem in every respect. The luster is never ending, the coppery and gold highlights vie with each other for dominance, while the strike is essentially as sharp as you will ever find for the 1869 issue. Regarding this date, the clearest details are found throughout the feather areas and also encompassing the key wreath and shield which are crystal clear as noted in their finest design features.
Estimated Value $2,000 - 2,200.
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Realized
$2,645
Lot 1066
1869. PCGS graded VF-30. Scarce date (PCGS # 2094) .
Estimated Value $225 - 250.
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Realized
$265
Lot 1067
1870. PCGS graded MS-64 Red. A choice, fresh looking full mint red coin. Quite choice for the grade thus our Premium Quality designation. An appealing fresh red specimen, fully struck, and unmarred by discoloration or contact marks though we do note one or two small toning flecks on the nose, the second T in STATES and below the date, no doubt limiting the grade from an otherwise easy MS65 designation. The 1870 issue is quite difficult to encounter in this nice a grade in full red. In light of that, we can also say this piece is nicely struck with nearly full details on both sides. Pop 71; 29 in 65 RD; 4 in 66 RD (PCGS # 2099) .
Estimated Value $1,500 - 1,600.
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Lot 1068
1870. PCGS graded VG-10. Nice details for the grade (PCGS # 2097) .
Estimated Value $70 - 80.
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Realized
$98
Lot 1069
1872. PCGS graded EF-40. Popular scarce low-mintage date (PCGS # 2103) .
Estimated Value $375 - 400.
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Realized
$460
Lot 1070
1873. EF-45. Double Liberty.
Estimated Value $1,500 - 1,600.
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Realized
$2,530
Lot 1071
1873. Closed 3. NGC graded MS-66 Red & Brown. Accompanied by an Eagle Eye certificate. Lots of mint red, indeed the surface is loaded with vibrant color, while devices are noticeably finer than usual for this year's mintage. Scarce with the Closed 3. Pop 5; none finer at NGC .
Estimated Value $3,500 - 3,800.
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Lot 1072
1873. Closed 3. PCGS graded Proof 65 Red. Accompanied by an Eagle Eye certificate. A nice red color. Only 1,100+ struck. From one end to the other the intense coppery luster gyrates with almost atomic intensity. In one way, the luster sets the beauty. In another, the precision Proof strike on every device of this naturally frosted-relief coin completes the picture. Pop 27; 2 finer in 66RD (PCGS # 2308) .
Estimated Value $2,000 - 2,100.
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Lot 1073
1873 Closed 3. MS-63 Red & Brown.
Estimated Value $200 - 225.
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Realized
$334
Lot 1074
1874. PCGS graded MS-65 Red & Brown. Pop 84; 2 finer in 66RB (PCGS # 2119) .
Estimated Value $450 - 500.
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Realized
$552
Lot 1075
1875. NGC graded Proof 65 Red. Only 700+ Proofs minted. One of the few coins of this year where a high quality PR65RD is almost unobtainable. This coin is high end for the grade with frosted devices, spotless surfaces and moderate mirrors, as is typical for this issue. This is a very tough date in gem full red.

This is a year where the production of Proofs was not given the quality control seen in other years. Every denomination in the Proof set is hard to find in the higher grades due to this decline in quality standards. For years they were unknown in PR65RD. A few are now graded, but it is perhaps because a few original Proof sets were broken up and sold as individual coins. Pop 7; none finer at NGC .
Estimated Value $3,000 - 3,200.
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Unsold



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