Lot 2286
1854 Pattern Cent. German silver, reeded edge. PCGS graded Proof 65. Pop 1. Only 1 graded by PCGS. This unusual pattern for an 1854 cent (struck in "German silver," which contains not a drop of actual silver metal) is made in an unusual way. The mint took a silver dollar hub of 1854 and, using a reducing lathe, created a crude transfer die of the desired size. Since this was only to be used to test the German Silver alloy, and never meant for a production coin, the obverse was left unfinished, with resulting concentric lines left by the reducing lathe! (PCGS # 11648) .
Estimated Value $8,000 - 9,000.
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| Realized $9,775 |
