1859 1C J-228 MS (PCGS# 11932)

The March 2012 Baltimore Auction

  • Auctioneer:
    Stack's/Bowers
  • Lot Number:
    7106
  • Grade:
    MS64
  • Price:
    $1,150.00
Lot Description
Transitional issue. Regular-issue obverse die of the year, reverse die with small federal shield at top of wreath as adopted in 1860.&nbsp;Dominant medium tan patina with intermingled highlights of rose-orange iridescence in the center of the reverse and along the right obverse border. A superior quality near-Gem with a full strike, satiny luster and freedom from distracting blemishes.<br /> <p style="margin-top: 0px; margin-right: 0px; margin-bottom: 10px; margin-left: 0px; font: normal normal normal 11px/normal arial;">Nearly all of this variety were struck in circulation format, brilliant and lustrous, rather than Proof.It has been conjectured that these may have been <em>regular issues</em> produced in very small quantities toward the end of the year. Some expansion of this can be found in Dave Bowers&rsquo; <em>A Buyers&rsquo; and Enthusiasts&rsquo; Guide to Flying Eagle and Indian Head Cents.</em> Moreover, the 18th edition of the <em>Standard Catalogue of United States Coins</em> edited by John J. Ford, Jr.. listed this among regular issues. Here, indeed, is a particularly interesting transitional pattern that merits your careful consideration. We see a lot of hidden value.<br /><br /> <br class="Apple-interchange-newline" />
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