J-302 1863 1C (J302 1863 1 Cent) PCGS PF64. 1863-L Transitional! R-7+. Intrigue surrounds the Judd-302 pattern as it is unknown exactly why it was created. Struck in copper-nickel with a plain edge utilizing the obverse design seen on the 1864 regular issue cent, first glance would lend itself to the idea that this is a transitional piece. However, the reverse die first appears on the 1871 regular issue cents lending credence to the theory that the Judd-302 patterns were restrikes potentially created for sale to collectors or for some other purpose.

One thing all can agree on about this issue is that it is extremely rare and it has been highly prized by collectors since it was first discovered in 1903. Currently a scant 5 total pieces have been certified by PCGS/NGC respectively with just 2 in grade and 2 higher. Because it is an ultra scarce pattern, only rarely does one of these trade hands at auction or via private sale making this offering especially significant.

This particular specimen is rock solid for the grade. The strike is hammered and the devices are sharp and bold. Reddish brown tones sit beneath frosty luster providing for a mint fresh eye appeal which is splendid. With such a small population in existence, only a select few very fortunate collectors will ever have the occasion to own one of these fascinating pattern cents. For the the advanced pattern collector or Indian cent enthusiast this amazing offering is both distinct good fortune and a fabulous opportunity certain not to be repeated.