Bids soar to $15k for scarce Flying Eagle Cent

paulfrasercollectibles

2015-06-26 11:56:08

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Bids soar to $15k for scarce Flying Eagle Cent

Only a dozen of this 1856 numismatic rarity are thought to exist - and one is currently for sale online

World class collections are the name of the game at Heritage Auction Galleries March 25-28 Signature ANA US Coin Auction, part of the week-long happenings at the ANA National Money Show in Fort Worth, US.

Highlights willinclude commemorative gold, cents large and small, and quarter eagles.

"As always, it's an honour to present the official auction," said Greg Rohan, President of Heritage Auction Galleries, in a statement.

"Our track record of successful events speaks for itself and is a sign of trust from both the ANA and our consignors. This auction will add to that legacy."

The most impressive grouping of the auction is the commemorative gold, which features no less than seven 1915-S Panama-Pacific fifty dollar gold coins, three round and four octagonal.

"In most of our auctions, one of these California commemorative coins would be a star highlight," said Rohan. "With seven of them in this auction it's more like an ensemble cast."

Other highlights will include the 1856 1C PR63 NGC (pictured).It is believed that just 20 were struck in 1858, with about half a dozen surviving today.

Coins from this Flying Eagle Cent's die were struck copper-nickel, copper, bronze, nickel alloy and possibly white metal. This coin is apparently the copper-nickel variety.

Both sides are fully reflective with mirrored fields on tan surfaces that host splashes of gold toning. The design features are boldly struck up, according to Heritage's experts.

Consigned from The Cliff Street Collection, bids on the coin at the time of writing (March 25, 5pm) stand at $15,000 andwill likelycontinue to rise.

Meanwhile, here aresome otherhighly collectible and ancient coins currently for sale on the market.

Image: Heritage

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