1C 1797 REV OF 97 STEMS PCGS MS65 BN
Every time we view this coin we are in shock. How in the world did it survive 221 years in such a pristine condition? We placed this coin back in 2009 and loved it so much when it was recently auctions, we had to buy it and make sure we place in a great home. This coin was from our July Regency Sale. It sold for $27,025.00-a price which we felt was too cheap. Collectors Universe shows $32,500.00. Here is the description: An exciting, original GEM from the famed Nichols Hoard. One of the finest certified examples, it is one of the top dozen graded at PCGS in the BN designation. It boggles our minds how this coin has survived so pristine over 221 years! Glossy luster graces both sides of this GEM. The surfaces are smooth and free of any distractions in the fields. The surfaces show off a delicate iridescent sheen that can be seen when rotated in a light, giving the presently offered coin a great look. The colors and high end surfaces contrast nicely against the sharply struck design elements. Ms. Liberty’s hair curls and drapery are fully defined on the obverse, and the wreath is boldly defined on the reverse. Much original red luster clings to the recesses of the dentils on both sides. The eye appeal is spectacular, as should be expected for a PCGS/CAC MS65. PCGS 9, NGC 1, CAC 4. This coin has been off the market for nearly a decade. The current PCGS price is $31,500 and the most recent PCGS MS65 BN to sell in a major sale was NOT CAC, realizing $28,800 in November 2017. With its bold eye appeal and high end condition, it will entice strong bidding from specialists. No doubt there will be lots of action on this GEM! Forget the pops, there are VERY FEW pieces that have survived in the incredible and HIGH END condition this coin has. This is coin is pure “Legend quality” 100%!
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