1804 1c Restrike Draped Bust Large Cent NGC MS 62 RB Uncirculated Red Brown OH

IN STOCK
SKU
17954507
$1,495.00
An 1804 'Private Restrike' draped bust large cent graded MS-62 RB by NGC. A very affordable coin for a mint state restrike example for the 1804 large cent spot. This coin is much harder to come by in red brown condition than brown. It has been housed in an old time 'NGC Fatty Holder.' This information is provided from NGC on this particular coin: "This issue was created outside of the U. S. Mint around 1860 to fill the demand for scarce 1804 cents. Though having no official status, it has long been sought as an accessory to a collection of U. S. cents. A pair of discarded Mint dies, both badly rusted, were mulled to create this oddity. The obverse is that of 1803 S-261, identifiable by its curving crack and crudely altered to read 1804. The reverse die is of the wrong style altogether, dating from 1820 (N-12). Most of the restrikes were produced in copper, but a small number are known in white metal." This popular coin holds a mintage of 96,500 with the PCGS Coin Facts estimating 200 to have survived in red brown condition such as this one. This coin is one of only three approved by CAC in this Mint State 62 Red Brown grade level.
More Information
Ebay Price $1,650.00
Grading Service NGC
PCGS # 1504
Year of Issue 1804
Denomination Type Draped Bust Cent
Grade MS62
Designation RB
Mint Location Philadelphia
Strike Type Business
Circ/UnCirc Uncirculated
Grade Add On NONE
Holder Type N/A

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