Demand for eye-appealing and premium quality coins pushes Heritage Auctions' July 20 event over $237,000.
The 1912 matte proof Lincoln cent is a very scarce coin in the absolute sense, as are all early matte proof Lincoln cents. Those who are unfamiliar with matte proofs may find it hard to distinguish these coins from their brilliant-uncirculated counterparts, though a closer look will reveal the differences. Matte proofs bear finer details, granular fields, and squared-off rims. As for the 1912 Red Proofs, these are much scarcer than their Brown and Red-Brown counterparts, with the coin quite difficult in PR64RD, rare in PR65RD, and virtually esoteric in PR66RD.
Obverse Description
Bust of Abraham Lincoln framed by IN GOD WE TRUST on the top periphery. The word LIBERTY to the left of the portait and the date postioned on the right side.
Reverse Description
Wheat ears flanking the words ONE CENT, UNITED STATES OF AMERICA. The motto E PLURIBUS UNUM on the top perimeter.
Catalog Information
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Values
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1861-S Paquet Double Eagle, rare 1930-S Indian Eagle and early U.S. gold also rank among July 16-18 event highlights.
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