1848 N-19. Low Rarity-6 as a Proof. Proof-65 RB NGC.

Currency:USD Category:Coins & Paper Money Start Price:6,000.00 USD Estimated At:0.00 - 0.00 USD
1848 N-19. Low Rarity-6 as a Proof. Proof-65 RB NGC.
12,500.00USD+ (2,500.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Feb 27 @ 18:24UTC-5 : EST/CDT
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1848 N-19. Low Rarity-6 as a Proof. Proof-65 RB NGC.

This delightfully sharp Gem Proof 1848 cent is as crisply struck as any of the type you’re likely to see. The dusky heads-on orange-brown surfaces virtually erupt with intense orange and neon-blue iridescence when turned in a bold light source. This Proof-only Newcomb number features a repunched 1 in the date, with the base of an earlier 1 floating above the base of the existing 1. Proofs of the date are rare and the supply is limited in today’s numismatic marketplace. Decades ago, Breen suggested that a dozen or so examples of the variety were extant, a figure that was near-gospel for many years. However, mcataloguers today are comfortable bumping that figure up to a two-to-three dozen pieces estimate; we’re certainly comfortable at the latter level. As for overall quality, the present Gem Proof ranks among the very finest RB examples of the date known to NGC. Throw in an ample dose of eye appeal such as offered here, and you have a have a coin that essentially guarantees that the specialists will come out to play.
NGC Census: 1; 2 finer (both Proof-66 RB).

Grading Company: NGC PF65RB