1856 1C Flying Eagle MS66 Certification #81467176, PCGS #2013

Owner's Comments

1856 1C MS66 PCGS CAC EEPS, Snow-3 Die Variety, Die Stage A. Provenance: Ex Stewart Blay Collection. Esteemed by the legendary collector Stewart Blay as the finest Mint State 1856 Flying Eagle, this exceptional coin boasts remarkable eye appeal, a beauty that is absolutely stunning in person (uploaded photos at least begin to demonstrate that eye appeal, though it's not clear from the cert photo). It represents a pinnacle of quality, being one of only two Snow-3 examples graded MS66 by PCGS (a third MS66 is actually a Snow-5, and Flying Eagle expert Rick Snow has determined all Snow-5s are actually Proofs). This significant coin set a record auction price of $343,125 in November 2023 (Great Collections - Nov 12, 2023 - GC Item ID: 1456023), the highest ever achieved for any 1856 Flying Eagle cent, and in fact the highest for any Flying Eagle cent. The Snow-3 die variety, along with the Snow-1, belongs to the "Original Striking" of 1856 Flying Eagles (Snow-5s may also have been part of the Original striking). These Original coins were strategically presented to key figures in the U.S. government to advocate for the passage of the Small Cents Act of 1857. Following the striking of rare Snow-1 Proofs and then the unique "Bluebird" Proof Snow-3 (also Die Stage A), Mint State Snow-3s, including this Die Stage A example, were produced. All known Snow-3 coins (apart from the "Bluebird") exhibit some weakness of strike, typically noticeable on the eagle's breast feathers or the reverse leaves. This coin exhibits some weakness on the breast feathers, which is especially noticeable when comparing its cert with the cert of the “Bluebird” (cert #38725098). Die Stage A coins, identified by diagonal die lines through UNITED, have Proof-like medium mirrors, so someone not paying attention to the weakness of strike could misattribute this coin as a Proof.

Expert Comments

Jaime Hernandez

The 1856 Flying Eagle cent is a very important coin in American history, as it was very instrumental in popularizing coin collecting throughout America in the late 1800’s.
 
The 1856 Flying Eagle cents were initially struck as presentation pieces and to introduce them to members of Congress and other dignitaries. Records indicate that at least 634 examples were produced for this purpose alone. However, in the ensuing months, it is believed that additional examples were produced at different intervals, so that they can also be presented to additional government dignitaries.
 
Furthermore, it is believed that other examples of the 1856 Flying eaglree cents were struck for collectors who were aware of the coins and desired one of their own. These examples eventually made it into circulation. Consequently, some refer to all 1856 cents as patterns, since they were struck primarily for presentation purposes. Others, consider some of the 1856 Flying Eagle cents circulation strike coins, since they were produced in large quantities and were eventually released into circulation. Regardless if some of coins are considered circulation strikes or patterns, the coins are historical relics of American history, as, they attracted some of America's first and most dedicated coin collectors.
 
It is not known exactly how many 1856 cents were produced, but estimates range anywhere from 1,500 to about 2,150 examples. Whatever the exact figure is, one thing is for certain. There has never been enough coins in existence to meet the high demand. One of the clearest indications of the 1856 Flying Eagle cent's popularity, is the prices they command when they do become available. Even in the lowest grades such as Good-4, most examples will command thousands of dollars and even much more when they remain in higher condition.
PCGS #
2013
Designer
James Barton Longacre
Edge
Plain
Diameter
19.00 millimeters
Weight
4.70 grams
Mintage
634
Metal
Copper-Nickel
Pop Higher
0
Pop Lower
287
Region
The United States of America
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades
65 or Better 550 R-5.9 1 / 5 1 / 5
All Grades 225 R-6.7 2 / 5 2 / 5
60 or Better 25 R-9.0 2 / 5 2 / 5
65 or Better 550
All Grades 225
60 or Better 25
65 or Better R-5.9
All Grades R-6.7
60 or Better R-9.0
65 or Better 1 / 5
All Grades 2 / 5
60 or Better 2 / 5
65 or Better 1 / 5
All Grades 2 / 5
60 or Better 2 / 5

Condition Census Learn More

Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade

Joseph P. Gorrell Collection - Heritage 1/2003:4401, $103,500

1 MS66 PCGS grade MS66 PCGS grade
3 MS65+ PCGS grade
4 MS65 PCGS grade MS65 PCGS grade
4 MS65 PCGS grade MS65 PCGS grade
#1 MS66 PCGS grade

Joseph P. Gorrell Collection - Heritage 1/2003:4401, $103,500

MS66 PCGS grade #1 MS66 PCGS grade
#3 MS65+ PCGS grade
MS65 PCGS grade #4 MS65 PCGS grade
MS65 PCGS grade #4 MS65 PCGS grade