1856 1C J-182, BN PR (PCGS# 11799)

2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    2708
  • Grade:
    PR64
  • Price:
    $54,625.00
Lot Description
1856 P1C Flying Eagle Cent, Judd-182, Pollock-211, 213, 216, Low R.7, PR64 Brown PCGS. This piece features the same Flying Eagle/agricultural wreath design as Judd-180, which is the familiar 1856 Flying Eagle pattern that was struck in significant quantities and circulated. While that piece was struck in copper-nickel, this one is struck in bronze and also has a plain edge. This rare specimen shares the same die marriage as Snow-5. A small die gouge located at the bottom of the U in UNITED identifies this obverse die, and the reverse shows a strong center dot below the top left serif of the N in CENT. Originally believed to have been a restrike for collectors sometime in 1858, that has since been proven wrong, and Snow (2001) writes that this variety is now considered to have been one of the first Flying Eagle cents struck. In the ninth edition of United States Pattern Coins, the population is listed at just seven pieces, and there are no auction records given. In nearly 15 years of recordkeeping, Heritage has never before auctioned this rare pattern. The devices are a medium shade of brown, which contrasts nicely against the attractive chestnut and lavender patinated fields. The surfaces show minimal lint marks (as made), and none are detracting. There appears to be a tiny die mark (probably for centering) a few millimeters above the more prominent center dot. The strike is sharp, as one would expect from a proof, and only a couple of tiny carbon spots keep this piece from Gem condition. Splendid luster throughout gives this interesting specimen wonderful eye appeal. Undoubtedly an excellent opportunity to acquire a seldom-seen, and exceedingly rare, Flying Eagle pattern. Population: 1 in 64 Brown, 0 finer (6/08).
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