PCGS Auction Prices

L1C 1843 PETITE HEAD, SMALL LETTERS. PCGS MS64 RD

Original Lot at Legend Rare Coin Auctions

Lot #
11
Grade
MS64RD
Sale Price
$13,512.50
AUCTION RECORD

Auction Details

Firm Sale Type Name Date Notes Lot
Legend Rare Coin Auctions Auction The Regency Auction 31 Mar-2019 Legend Rare Coin Auctions is pleased to offer the ONLY example of the variety that is graded RED in ANY grade. Boldly lustrous red color with rose and salmon accents seen in areas that come out when rotated in a light. Brilliant, satiny copper luster blooms on both sides, with bold cartwheels that roll on the reverse. The surfaces are very clean, free of any distracting marks, lines or unsightly spots that often are seen even on high grade Coronet head large cents. There is a trace of toning in places, but these are not distracting and help identify this as the PCGS CoinFacts plate coin. This is a very handsome example, with crisply defined devices - all of Liberty's hair curls and lines are fully defined. A few tiny die lines at Liberty's neck identify this as Newcomb-12. PCGS 1, NGC 0. There are NO records for a RED example, though PCGS estimates a value of $10,000, which seems cheap for a coin that is UNIQUE in the color designation. No other 1843 variety has ever graded in the red category either. All examples of the Braided Hair type in RED that have sold in auction appear to be from the 1850s, mostly 1853 and 1855. This impressive 1843 in MS64 RD presents a VERY IMPORTANT opportunity for the advanced collector of Large Cents. We can see it bringing a record price for the date. Be prepared for fierce bidding and good luck! Cert. Number 36625148 PCGS # 1846