Lot 673
1861. PCGS graded Proof 65 PQ CAC Approved. A glittereing brilliant proof with a hint of light tone. Only 1,000 proofs struck. Devices are frosted and we note moderately deep mirror fields. This is an outstanding example of this exceptionally challenging date. As with the 1860 issue, many coins struck this year were struck only once on moderately mirrored dies. This quality standards at the Mint for Proofs had as yet to be finalized, making 1861 a real tough issue to locate in gem condition. Out of the original mintage, possibly 400 were released. The survivor rate seems to be quite low, perhaps because substandard examples were spent, or included collections as non-Proofs.
There is enormous collector demand for this issue in gem condition. Expect fierce competition. Pop 19; 2 in 66 (PCGS # 2256) .
Estimated Value $4,500 - 5,000.
The Richard Weiss Complete Collection of Proof Red Indian Cents PR65 or Better with Some Cameos.
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| Realized $7,475 |
