Now this is a Two-Cent Piece. 1869 Top-of-the-Pop Proof sells for $43k at recent Stacks Bowers event

Goldbully

Lot Description
Top-of-the-Pop Proof 1869 Two-Cent Piece

PCGS PR-67RD

1869 Two-Cent Piece. Proof-67 RD (PCGS).

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https://auctions.stacksbowers.com/lots/view/3-N4DMR/1869-two-cent-piece-proof-67-rd-pcgs

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TurtleCat

It sure looks nice. I keep hearing that CAC has seen nearly all of the expensive coins out there. So we can probably assume they don’t agree with the grade?

I’d love to see it in person.

MFeld

@TurtleCat said:
It sure looks nice. I keep hearing that CAC has seen nearly all of the expensive coins out there. So we can probably assume they don’t agree with the grade?

I’d love to see it in person.

Or (assuming that they did see it), perhaps they didn’t agree with the color designation.

TurtleCat

@MFeld said:

@TurtleCat said:
It sure looks nice. I keep hearing that CAC has seen nearly all of the expensive coins out there. So we can probably assume they don’t agree with the grade?

I’d love to see it in person.

Or (assuming that they did see it), perhaps they didn’t agree with the color designation.

The TrueView does make it look fully red with a little mellowing. Of course we haven’t seen it in person. Still, this is a case where it would be nice if CAC would note whether they’ve seen a particular slab cert and when.

MFeld

@TurtleCat said:

@MFeld said:

@TurtleCat said:
It sure looks nice. I keep hearing that CAC has seen nearly all of the expensive coins out there. So we can probably assume they don’t agree with the grade?

I’d love to see it in person.

Or (assuming that they did see it), perhaps they didn’t agree with the color designation.

The TrueView does make it look fully red with a little mellowing. Of course we haven’t seen it in person. Still, this is a case where it would be nice if CAC would note whether they’ve seen a particular slab cert and when.

How much mellowing?😉

“Red (RD) is the designation that follows the numerical grade of MS/PR copper coins that are still in full mint bloom, with original color as struck and only slight diminishing of the luster or reflectivity is allowed. There must be at least 95 percent of the red color on both sides of the coins.“

TurtleCat

@MFeld said:

@TurtleCat said:

@MFeld said:

@TurtleCat said:
It sure looks nice. I keep hearing that CAC has seen nearly all of the expensive coins out there. So we can probably assume they don’t agree with the grade?

I’d love to see it in person.

Or (assuming that they did see it), perhaps they didn’t agree with the color designation.

The TrueView does make it look fully red with a little mellowing. Of course we haven’t seen it in person. Still, this is a case where it would be nice if CAC would note whether they’ve seen a particular slab cert and when.

How much mellowing?😉

“Red (RD) is the designation that follows the numerical grade of MS/PR copper coins that are still in full mint bloom, with original color as struck and only slight diminishing of the luster or reflectivity is allowed. There must be at least 95 percent of the red color on both sides of the coins.“

True. 95% is hard to actually quantify to some extent but I’d think PCGS would be reasonably consistent in that designation at least, especially for an expensive coin where the price differential might make them err on the side of caution.

ricko

Wow...that sure is an amazing two cent coin.... I have always liked these (had two when I was a kid...still have one)..Never saw one in full red before....Cheers, RickO

johnny9434

Nice coin