Lot #13. 1858 Flying Eagle Cent. Snow-PR1. Large Letters. Proof-65 (NGC).
The April 2008 Chicago Rarities Sale - 4/15/2008
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The proof 1858 Large Letters Flying Eagle Cent has an unknown mintage that Rick Snow (2001) estimates at 100 pieces. The well-known Flying Eagle and Indian Cent specialist is aware of only a single die pair, the coins struck from it having, "deep mirrors and needle sharp strikes." This coin possesses these characteristics, the surfaces also revealing rich toning in blended honey-tan and copper-gray shades. Those are the colors present at indirect angles; direct light reveals more of a medium-tan sheen, and it also calls forth modest reflectivity in the fields. The surfaces are smooth and comfortably at home at the Gem grade level.
All proof 1858 Large Letters Cents were probably distributed either with the year's minor and silver-coin proof sets or as part of special pattern sets. No more than 50 coins are believed extant.