Lot 1107
1872 Indian Head Cent. PCGS graded Proof 65 Red. A beautiful cameo gem example. Moderate mirrors, as deep as ever seen for this date. This die exhibits light die polishing lines that may look like hairlines at first glance. There are a few Mint made lint strike-throughs, but these are mostly hidden and don't detract from the coin's beauty. These are made when the coin is struck and do not affect the grade at this level. In fact, there is nothing on this coin which should limit the grade to only a PR-65RD.
The 1872 proof issue was struck in about the same quantities as the other dates in the early 1870's, but for some reason, are much scarcer than other dates in gem full red grades. Most of the encountered examples are some shade of red brown. There is strong additional date demand for this issue due to the rarity of the non-proof format issues.
The reverse die used on this coin has a curios anomaly. There is a distinct bulge on the right serif of the T in CENT. This die is seen on later issues until 1877.
Estimated Value $4,000 - 6,000.
Includes Eagle Eye Photo Seal.
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| Realized $6,325 |
