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Dallas Signature Sale 3085  5-7 Aug 2020
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Lot 30296

Estimate: 15 000 USD
Price realized: 16 000 USD
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South Africa
Republic Proof Penny 1892 PR65+ Brown PCGS, Pretoria mint, KM2 (estimated Proof mintage 6 pieces), Hern-Z1 (estimated 20 pieces known). One of the greatest and most widely recognized rarities in the South African series, the 1892 Proof Penny saw an extremely limited mintage purported by the Standard Catalog of World Coins to number only 6 examples, with Hern suggesting that up to 20 examples may have been produced. It is evident that the real figure is somewhat higher, with the total number seen by the grading services to-date exceeding both of these figures. However, the undeniable fact remains that the type is of such rarity that the vast majority of collectors will never have the opportunity to own one. The offering seen here soars beyond the appeal of its type's great scarcity alone, ranking as the single finest example of the issue seen by either PCGS or NGC in any color designation - red, red brown, or brown - with its seemingly unobtainable gem "plus" certification confirming a degree of quality that may never be found again elsewhere. And indeed, it is fully deserved, the surfaces sleek and nearly undisturbed, graced with a luxurious and rich patina painted in blue iridescence and marked by flares of mint red color, every minute detail rendered to precise calculation. A tremendous opportunity for the specialized type collector, and an unrivaled gem destined to draw limitless attention.

https://coins.ha.com/itm/south-africa/south-africa-republic-proof-penny-1892-pr65-brown-pcgs-/a/3085-30296.s?type=CoinArchives3085

HID02906262019

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Estimate: 30000-50000 USD
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