1872 1C MS65 Red PCGS
Lot 1007
1872 1C MS65 Red PCGS
US$ 15,000 - 17,000
£9,300 - 11,000

Lot Details
1872 1C MS65Rd PCGS
1872 1C MS65 Red PCGS
Back in 1996, Q. David Bowers wrote that the 1872 Indian Cent is "a highly prized date in all grades...[with a scarcity] that can be attributed to excessive melting," but as students of the series are well aware, a number of these coins also entered circulation at the time of their mintage, likely in order to serve the ever burgeoning reconstruction-era economic expansion. Most representatives of this approximately 4 million piece delivery are softly struck, exhibiting detail that Bowers characterizes as "hardly needle sharp," and indeed we concur with these aforementioned sentiments, since we almost always come across examples of this issue in either the lower echelons of the Uncirculated grades, with many of these displaying poor highpoint definition. The coin in this lot, however, is every bit the Red Gem, and as such, resides near the apex of the PCGS Population guide, a spot it shares with just 12 other MS65 coins, and two MS66 pieces. Aside from sheer numbers however, we feel that any serious numismatic student will be driven to fervid excitement by the general eye appeal of our offering, for it is possessed of essentially every quality that an aficionado hopes to find in a representative of the date. The color is deeply entrenched and evenly distributed over both sides, presenting in shades of crimson and golden-red tone throughout. The powerful strike has been realized on this planchet by devices that are crisply impressed. Nearly every Registry Set collector will take note of this lot, for it represents a premier opportunity to acquire a truly exceptional representative of this ever-elusive date, and therefore all interested parties, be they high-end or better-date type collectors, should seriously contemplate their bids well in advance of auction day. (PCGS 2105)
Auction information

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