DescriptionHB-221 EP-27 1¢ S. Steinfeld Choice Extremely Fine.
Although this One Cent is considered an R-7 by Reed, indicating eleven to fifteen known, it is by far the most common of the Steinfelds. Fred Reed's 104-year auction survey shows that, of 75 total appearances of Steinfeld encasements at auction, 57 of those appearances were One Cent pieces. This figure, of course, includes very heavy duplication. This particular example has a stamp that has retained almost full color, a mica that is perfect save for minor separations at the edges and a case that is a nice medium brown with some touches of silver and a bit of yellow toning giving it a wholly pleasing appearance. The Fred Mayer 1¢ Steinfeld had a brighter stamp and a near identical case. That realized $2,990 in September 2007.
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