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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