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Auction 244 | Lot 6290 » Small Cents » Indian Cents

1886 1C Type Two PR 66 Red PCGS. A hub change this year resulted in two different varieties of the 1886 proof Indian cent. Type Two examples, such as the present Gem, show the lowest feather in Liberty's headdress pointing between the CA in AMERICA. On Type One specimens, this feather points between the IC in AMERICA. Snow (1992) states that more than half (2,500 pieces) of the proofs delivered this year were of the Type Two variety. If this estimate is accurate, than either these coins have been misattributed as Type One examples, or this issue suffered an unusually high rate of attrition for an 1880s proof cent. PCGS has certified only five Type Two specimens (10/00), and this is the single finest coin of the group. Warm autumn-orange color accents the expertly preserved surfaces, and every feature is boldly defined. A unique opportunity for the advanced Indian cent specialist.
From the Joshua Collection. (PCGS# 92347)

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Grade PR66

Auction Ended

Jan 6, 2001

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Sold For: $57,500.00

Auction 1378 | Lot 3657 » Small Cents » Indian Cents

1886 1C Type Two PR66 Red PCGS. CAC. Snow-PR1. (PCGS# 92347)

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Grade PR66

Auction Ended

Nov 24, 2024

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Sold For: $38,400.00

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Auction 308 | Lot 4503 » Small Cents » Indian Cents

1886 1C Type Two PR66 Red PCGS. As the only example graded by PCGS at this level (10/02), collectors requiring the "top of the pop" for their Registry Sets will surely have to face fierce competition for this coin. The overall rarity of this proof issue at the Gem Red level is well known: the 1886 Type Two is one of the most conditionally challenging dates in the entire proof Indian Cent series. The present representative displays outstanding eye appeal and rich, even, cherry-red coloration. Fully struck in virtually all areas with a smooth, Gem quality sheen.

The Variety 1 and Variety 2 designations that PCGS uses for the proof 1886 Indian Cent may be confusing to some collectors. These designations indicate a design change, not two distinct varieties. Hence, the correct terminology is Type One and Type Two. The design change by Mint Engraver Charles Barber slightly altered the placement of the feathers in Liberty's headdress relative to the ICA in AMERICA. The Type One design, in use starting with the 1864 L on Ribbon delivery, has the last feather pointing between the IC in AMERICA. The Type Two, which would continue in use through the end of the series in 1909, has the last feather pointing between the CA.

The rarity of the proof 1886 Type Two stems not from the combined mintage for this issue (which is actually quite high for the series), but rather from the way these coins were distributed and ultimately stored. Prior to 1878, the Mint struck a certain number of proofs for distribution in sets and as singles. Approximately 1,000 coins were produced each year, and those coins that remained as unsold were destroyed. Some of these leftover proofs were also illegally placed into circulation. Minor proof issues were not carried on the books in the same manner as business strikes, so we do not know exactly how many coins were struck during this era. We are also ignorant on the number of proofs sold, spent, and destroyed.

Beginning in 1878 and continuing beyond the (PCGS# 92347)

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Grade PR66

Auction Ended

Jan 11, 2003

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Sold For: $32,200.00

Auction 454 | Lot 2698 » Small Cents » Indian Cents

1886 1C Type Two PR65 Red Cameo PCGS. (PCGS# 92347)

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Grade PR65

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Jan 12, 2008

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Sold For: $12,650.00

Auction 336 | Lot 4398 » Small Cents » Indian Cents

1886 1C Type Two PR65 Red Cameo PCGS. Type Two examples, such as the present Gem, show the lowest feather in Liberty's headdress pointing between the CA in AMERICA. On Type One specimens, this feather points between the IC in AMERICA. Warm autumn-orange and red color accents the expertly preserved surfaces, and every feature is boldly defined. A unique opportunity for the advanced Indian cent specialist.
From the Palm Beach Collection. (PCGS# 92347)

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Grade PR65

Auction Ended

Jan 10, 2004

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Sold For: $12,650.00

Auction 292 | Lot 5224 » Small Cents » Indian Cents

1886 1C Type Two PR65 Red NGC. The Type Two resulted from a hub change in this year. The difference between the two types can be easily remembered by thinking of the coin as a clock face. The hand of the imaginary clock will sweep past the position of the IC of the Type One coins before the CA of the Type Two examples. While more than 2,500 proofs were recorded as having been struck of the Type Two Cent, they are by far the scarcer of the two types. Even red color covers both sides with moderately deep mirrors in the fields. A streak of dark color runs along the nose line of the Indian and there are several tiny flyspecks of carbon seen on each side. Population: 5 in 65, 2 finer (4/02).
From the Alex Highland Collection. (PCGS# 92347)

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Grade PR65

Auction Ended

Jun 8, 2002

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Sold For: $8,625.00

Auction 256 | Lot 5807 » Small Cents » Indian Cents

1886 1C Type Two PR 64 Red PCGS. Although not designated as such on the holder, this coin is an example of the scarcer Type Two proof 1886 Indian cent. Deep, rich, reddish-orange color blankets both sides of this boldly defined specimen. The devices are lightly frosted and the fields are moderately reflective, a combination that provides a modest cameo contrast at certain angles. There are no singularly mentionable hairlines. An important bidding opportunity for the advanced Indian cent collector. (PCGS# 92347)

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Grade PR64

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Apr 6, 2001

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Sold For: $7,590.00

Auction 296 | Lot 6089 » Small Cents » Indian Cents

1886 1C Type Two PR64 Red PCGS. While the proof 1886 Type Two is slightly more common than the Variety 1 from an absolute standpoint, high grade examples are rare, especially when the original mint luster is intact. This richly colored and attractive coin displays a cherry-red sheen that deepens somewhat around the reverse periphery. Neither the strike nor the surface preservation are worthy of criticism. Population: 8 in 64 Red, with a mere three certified higher at PCGS (3/02).
From the David Hall Collection. (PCGS# 92347)

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Grade PR64

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Jul 30, 2002

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Sold For: $5,175.00

Auction 3071 | Lot 34340 » World Coins » Russia

Russia: Catherine II gold 2 Roubles 1786/5 AU50 NGC,

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Grade AU50

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Jan 7, 2019

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Sold For: $4,800.00

Auction 314 | Lot 5317 » Small Cents » Indian Cents

1886 1C Type Two PR64 Red PCGS. While the proof 1886 Type Two is slightly more common than the Type One from an absolute standpoint, high grade examples are rare, especially when the original mint luster is intact. This richly colored and attractive coin displays a cherry-red sheen that deepens somewhat around the reverse periphery. Neither the strike nor the surface preservation are worthy of criticism. Population: 9 in 64 Red, only three are finer (10/02). (PCGS# 92347)

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Grade PR64

Auction Ended

Mar 1, 2003

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Sold For: $4,197.50

Auction 337 | Lot 30259 » Small Cents » Indian Cents

1886 1C Type Two PR64 Red PCGS. This near-Gem Proof Indian cent has golden-red patina on flashy fields and frosted devices. It has a razor-sharp strike and only microscopic specks. Eye appeal abounds with this example. Population: 8 in 64, 3 finer (10/03). (PCGS# 92347)

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Grade PR64

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Jan 12, 2004

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Sold For: $3,680.00

Auction 22111 | Lot 11112 » Small Cents » Indian Cents

1886 1C Variety 2 PR 64 Red PCGS. The current Coin Dealer Newsletter (Greysheet) wholesale "bid" price is $90.00. (PCGS# 92347)

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Grade PR64

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May 25, 2002

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Sold For: $3,680.00

Auction 29082 | Lot 22013 » Small Cents » Indian Cents

1886 1C Type Two PR64 Red PCGS. PCGS Population (10/3). NGC Census: (0/0). Numismedia Wsl. Price for NGC/PCGS coin in PR64... (PCGS# 92347)

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Grade PR64

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Aug 4, 2009

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Sold For: $2,300.00

Auction 384 | Lot 959 » Small Cents » Indian Cents

1886 1C Type Two PR64 Red PCGS. Of the greatest rarity and importance to Indian cent collectors, the Type Two 1886 is very rarely encountered with full red color. Special mention should be made regarding this as most original Type Twos show a "straw color" that is peculiar to this issue and the 1887. This coin certainly displays that unusual, bright coloration and is also lightly streaked on the reverse with the red coloration seen on other dates in the series. Bright and deeply reflective, with no mentionable contact marks on either side, in spite of the less-than-Gem grade designation. Population: 10 in 64 Red, 3 finer (8/05). (PCGS# 92347)

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Grade PR64

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Sep 24, 2005

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Sold For: $2,070.00

Auction 1231 | Lot 3024 » Small Cents » Indian Cents

1886 1C Type Two PR64 Red PCGS. (PCGS# 92347)

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Grade PR64

Auction Ended

Jan 11, 2016

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Sold For: $1,645.00

Auction 1216 | Lot 3276 » Small Cents » Indian Cents

1886 1C Type Two PR64 Red PCGS. (PCGS# 92347)

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Grade PR64

Auction Ended

Jan 12, 2015

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Sold For: $1,527.50

Auction 324 | Lot 5286 » Small Cents » Indian Cents

1886 1C Type Two PR63 Red Cameo PCGS. Although only modestly mirrored, the golden-orange surfaces have a distinct texture change from fields to devices. There seems to be confusion about the PCGS number of this transitional issue, and this is the first specimen with the Cameo designation we have encountered. (PCGS# 92347)

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Grade PR63

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May 31, 2003

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Sold For: $1,437.50

Auction 23093 | Lot 11069 » Small Cents » Indian Cents

1886 1C Type Two PR63 Red Cameo PCGS. (PCGS# 92347)

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Grade PR63

Auction Ended

Sep 16, 2003

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Sold For: $1,437.50

Auction 65112 | Lot 24067 » Small Cents » Indian Cents

1886 1C Type Two Red --Corroded--ANACS. Impaired Proof 60. PCGS Population (0/13). NGC Census: (0/0). (#92347)... (PCGS# 92347)

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Grade PR60

Auction Ended

Nov 13, 2005

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Sold For: $276.00