Lot 1126
1886 Indian Head Cent. PCGS graded Proof 66 Red. A very attractive example with moderately deep mirrors. The tone is a bit deeper red compared to some of the coins offered earlier. The more common design type with the last feather pointing between the I & C of AMERICA. The PCGS population report grouped both the Variety 1 and Variety 2 1886 Proof Indian into one listing as late as 1999. When they were separated, the entire population was moved into the Variety 1 listing. This makes the Variety 1 seem more common than it actually is if one looks solely at that data. However, the reality is not much different for gem full red proofs. The Variety 2 turns out to be prohibitively rare in high grades in full red. The population of 13 in PR65RD and 5 in PR66RD with none higher is probably very close to correct for the 1886 Variety 1.
Estimated Value $3,000 - 4,000.
Includes Eagle Eye Photo Seal.
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| Realized $3,680 |
