Lot 1088
1864. Bronze. PCGS graded Proof 64 Red. Medium mirrors. Even color, although slightly muted. Small spot on the reverse rim at 6:00. A scarce one-year type. Estimated 300 struck. To aid the Mint in coining large numbers of the new bronze coins beginning in 1864, a private company received a contract to prepare blanks for the new bronze coinage. With this help, the Mint was able to strike nearly 60 million coins in the last seven months of 1864. The small coin shortage was over. Proof issuance, however, continued, but in very small numbers until 1878. Pop 13; 9 finer, 7 in 65, 1 in 66, 1 in 67. (PCGS # 2278) Estimated Value $1,800 - 2,000
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| Realized $2,358 |
