Lot 1266
1856 N-5 R5- PCGS graded PR66 Red & Brown. Upright 5. Proof-Only. Slightly faded mint red fading to steel brown on the highpoints, about 75% of the red remaining, mostly on the obverse. Great eye appeal, nearly flawless. There are very faint hairlines in the fields, as usual. The best identifying marks, and they are trivial, are a speck of carbon hiding between star 13 and the curl above and a small spot of dark steel toning on the rim over the right edge of the first T in STATES. Very sharply struck. The fields are nicely reflective and the mirrors are moderately deep on both sides. The 1856 Newcomb-5 proof-only variety has long been recognized as an example of the mint's best work when it came to striking proof large cents, and the piece offered here is certainly one of the finest survivors. Called Proof-65 and tied for CC#1 in the Noyes census, his photo #31520. Our grade is Proof-66, CC#1 in the Grellman census.
Estimated Value $10,000-UP.
Ex Henry Chapman 4/17/1897:968-unknown-Wells Collection, Bowers & Merena 1981 ANA Sale, 7/28/81:2783.
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| Realized $24,150 |
