1854 1C J-160, BN PR (PCGS# 11659)

The January 2013 Americana Sale

  • Auctioneer:
    Stack's/Bowers
  • Lot Number:
    13086
  • Grade:
    PR65
  • Price:
    $3,819.00
Lot Description
<strong>Obverse Design:</strong>&nbsp;The obverse is the usual head of Liberty facing left from the large cent design, with the date below. No other design elements are present, so the effect is a pleasing cameo appearance. The diameter is slightly smaller than the then current large cent. <br /> <br /> <strong>Reverse Design:&nbsp; </strong>For the reverse design an exact copy of the current large cent was chosen, however the design elements are not only smaller for the reduced size of the coin, but the size of the lettering and wreath are also smaller, producing a more elegant ensemble. Thus the wreath is compact and the letters are more finely executed.<br /> <br /> <strong>Strike: </strong>Fully struck on the obverse with bold definition from the uppermost curls on Liberty's head ranging&nbsp;to the most distant dentils. Similar on the reverse where the leaves are generally sharp along with all the legends.<br /> <br /> <strong>Surfaces: </strong>Outstanding eye appeal with the color showing faded traces of mint red with pleasing light brown spanning both sides. Free of any carbon spots or detracting marks, a solid Gem for the collector.<br /> <br /> <strong>Pedigree: </strong>Tony Terranova, March 13, 2003; Ira &amp; Larry Goldberg's sale of the Dan Holmes Collection, Part IV, January 2011, lot 624; Cardinal Collection.<br /> <br /> <strong>Commentary:&nbsp;</strong>A beautiful pattern from the time that the Philadelphia Mint desired to abandon the coinage of copper as it was rising in price on the international markets and create a smaller, more economical coin. Patterns were produced in 1850, continuing until the 1856 Flying Eagle was adopted as standard.
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