Rare cent sells for $26,400 online – the ‘flying eagle’ detail to look for

A RARE coin has bought on-line for $26,400 because of some particular components.

There are estimated to be solely 10 of those 1856 Flying Eagle Cent Snow-2 proofs, in response to coin specialist Rick Snow.

There are only approximately 10 of these coins in existence
There are solely roughly 10 of those cash in existenceCredit score: Heritage Auctions

This particular coin is known as a Snow-2
This specific coin is named a Snow-2Credit score: Heritage Auctions

Proofs usually have a mirror-like reflective floor and are thought of the best high quality items produced by the Mint.

These are early samples of a coin situation made for archival functions and for checking dies.

There are a number of completely different kinds of this coin to maintain an eye fixed out for when looking out via any previous cash.

This specific coin is named a Snow-2, a wide range of the 1956 Flying Eagle cent.

On the coin’s obverse, the U in UNITED has what Heritage Auctions known as a “diagnostic pointed tine” off its base.

It additionally featured faint die strains close to the left ribbon finish. 

The third-party grading system, Licensed Acceptance Company (CAC), gave this a grade of PR62 because of its top quality and powerful eye enchantment. 

For context, grades solely run as much as 70.

A collector acknowledged its value because it bought for $26,400 on Heritage Auctions.

OTHER TYPES OF FLYING EAGLE CENTS

There are two widespread 1858 Flying Eagle Cent varieties - Giant Letters and Small Letters.

These are usually collected throughout the 1856 and 1857 cash to finish a set, in response to Skilled Coin Grading Companies (PCGS).

The distinction within the lettering could be simply noticed within the AM of AMERICA.

As in 1857, there are Proof and enterprise strikes of the date to be collected. 

There may be additionally a important 1858/7 overdate rarity that collectors and coin consultants solely found lately. 

This overdate is purported to be a refurbished 1857 die with the 8 added later, solely including to its rarity and worth.

COIN VALUES

Coin consultants decide the worth of a chunk primarily based on a wide range of components.

This contains mintage, errors, demand, age, design, certification and situation.

Extra importantly, cash are graded on a inflexible scale - which is what collectors pays large bucks for.

There are 5 principal parts in terms of a grading scale together with strike, floor preservation, luster, coloration and eye enchantment.

Cash are assigned an entire quantity between 1 and 70, with the best determine being excellent.

HOW TO SPOT RARE COINS

Be sure that to verify your spare change for any uncommon pennies, nickels, dimes and different cash as a lot of them might promote for 1000's.

Usually, essentially the most useful cash are ones with a low mintage or an error, as collectors discover these cash are a few of the rarest.

Moreover, coin consultants pays high greenback if they're additionally well-struck.

An incredible web site to verify in case your cash are value something is eBay.

You simply want to go looking the total coin identify, choose the "bought" itemizing after which toggle the search to "highest worth.”

A coin collector quarter bought a Barber quarter for $35,250.

Plus, a uncommon "full bands" dime bought for $195,500.

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