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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 3342

Starting price: 1 USD
Price realized: 7000 USD
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Lincoln Cents
1992-D 1C Close AM, FS-901, MS65 Red PCGS. A transitional variety that has the reverse of 1993. The design subtype is identified by a close AM in AMERICA and distant FG initials from the Lincoln Memorial, and was used on all proof and business strikes for 1993. Apparently, a single reverse die intended to be paired with a 1993-D obverse instead was used to strike 1992-D cents, likely shortly prior to the date transition. Extremely rare, the PCGS website (Jaime Hernandez) states "about 5 known" though others presumably rest in obscure penny jars, perhaps never to be identified.
The present peach-gold Gem is pristine, without carbon or contact, and appears as struck with minor incompleteness of strike on the peripheral legends and a slightly matte appearance from microscopic gas bubbles beneath the copper plate. The population has not changed in the last three years. Population: 2 in 65 Red, none finer (11/16).
Ex: ANA Signature (Heritage, 2/2014), lot 3734.
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