1075

(1858) Flying Eagle – No date, no legend / Flying Eagle - No date with legend. J-219, P-209, S-PT7.

Currency:USD Category:Coins & Paper Money Start Price:17,000.00 USD Estimated At:50,000.00 - 80,000.00 USD
(1858) Flying Eagle – No date, no legend / Flying Eagle - No date with legend. J-219, P-209, S-PT7.
SOLD
43,000.00USD+ (7,525.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2017 Mar 09 @ 19:28UTC-5 : EST/CDT
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(1858) Flying Eagle – No date, no legend / Flying Eagle - No date with legend. J-219, P-209, S-PT7. Unique. PR62 NGC (Eagle Eye Photo Seal). Proof (8: 2,3,3). Nickel alloy.
Here is a very memorable coin – a two headed Flying Eagle cent. We’ll choose the No date, no legend as the “obverse”. This is the same die as used to strike the J-178 and J-179 cents. The other side, or “reverse” has no date but has the legend added. The reverse die is not found on any other coin. It has a squared O in the word OF which identifies it as a “Obverse of 1856” die. The dies are aligned medallicly so that the coin must be turned side to side to view the eagles in their proper orientation.
The obverse is slightly weakly struck on the eagle’s breast feathers. There are only a few small spots. The reverse shows a nearly full strike. There are a few spots near the rim and around the eagle. A planchet flake is visible near the upper border of the eagle’s right wing with the field. A few strike-though depressions are seen, most near the UNITED.
The coin traces its pedigree back to 1870 when it was in the William Fewsmith collection. Fewsmith’s collection was purchased by Ebenezer Locke Mason and was offered for sale in his October 4, 1870 sale, Lot #1219. Lorin Parmelee purchased the coin and held it until 1890. The bulk of Parmelee’s collection was sold by Harlan Smith’s New York Coin and Stamp in June 25-27, 1890, Lot # 72. From there it passed to William Woodin and then to Judson Brenner. It was included in the famous ANS exhibit of 1914. It next appeared in the Fred Boyd collection. Some of the patterns in Boyd’s collection were offered in a monograph by Abe Kosoff in 1962 – The Illustrated History of United States Coinage, lot # 215.
The notes by Fred Boyd transmitted by Kosoff in the Illustrated history show that he considered the metal to be nickel and not an alloy.
The coin went to Loy Lauder and significant customer of Kosoff’s. Her collection was sold by Doyle Galleries in December, 1983, lot #513. It next appeared in Bowers and Merena’s “Tower Hill” sale in September 1993, Lot 3053. The highlight of the Brewer collection.


NGC Coin Explorer