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Green CAC = choice, high-end, possibly under-graded.
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Fussy CAC has approved just 6% of all 1874 proof cents cents certified by PCGS and NGC.
π΅ FUN FACTS π΅
Tiny 700 mintage, lowest of proof cents from 1870 to today (tied with 1875). And some of those few were spent, melted, lost, mutilated, etc. Many tallied in the population reports (including CAC's) are resubmissions or crossovers of the same coins.
High-end coin in old 2001 slab; upgrade potential.
Repunched "4" in date. Many dealers would add a huge premium but we did not add any.
Non-doctored, unlike many high-grade proof Indian cents in "problem free" PCGS slabs.
Exceptionally attractive for a BN Indian proof.
NGC said BN, which it is, but faint hues visible under a grader's light.
Relatively reflective fields, boldly struck even for a proof, very few and light marks for PR65.
#1 key date penny in proof from 1870 to today, using mintage as a gauge (tied with 1875).
Many dealers heavily market BILLION-mintage modern coins, which creates artificial demand, grossly inflated prices, and GIGANTIC profits. But they ignore this 700-mintage key because it is far too rare to promote and from which to profit, so demand and thus prices stay absurdly low. Seriously, $10,500 PCGS Price Guide for a 5.4 BILLION-mintage 1975 penny in two grades below MS70? And $10,000 for a "rare" 4.5 BILLION-mintage 1975-D cent in the same imperfect grade? We would not pay $5 for either. But CDN Ask for CAC is just $1,010 for this 700-mintage #1 key proof from 1870 to today?
Most modern coins can be bought at or near face value, melt value, or Mint-issue price; placed in a $4 plastic slab (PCGS bulk rate); and sold for hundreds or even thousands of dollars. But try doing that with with this 700-mintage key. We deal only in truly rare coins, not fabricated illusions designed to make coin dealers rich. Ask your modern coin dealer if he will buy back for 90% less seller's fees, as we will for this rare coin. Or even 10%.