1876 Indian cent 1C --Struck on Three Cent Nickel Planchet--...

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Sold on Aug 21, 2004 for:

$16,675.00 Bid Source: Internet bidder

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Wrong Planchet 1876 Indian Cent on Three Cent Nickel Blank

1876 Indian cent 1C --Struck on Three Cent Nickel Planchet--MS64 NGC. 1.7 grams. The attribution and weight are both per the NGC holder. This is an intriguing Indian cent error (or pattern per older numismatic experience). Standard weight for the three-cent nickel coin is 1.94 grams, with a tolerance of plus or minus 0.26 grains. Therefore, this is just inside the lower limit for a three-cent nickel planchet, being 1.68 grams. There were no other similar weight planchets of the copper and nickel composition in use at the Philadelphia Mint in 1876. This variety has been described as a pattern in past literature beginning with the Judd pattern reference where the number J-1451 was assigned.
Perhaps three or four of these are known. This example is different than the Auction '85 coin sold by Paramount. Andrew Pollock mentioned two appearances in the King Farouk collection, and one of those two is almost certainly the same as that illustrated at USPatterns.com. This example is very sharply struck with reflective fields, the reverse almost fully prooflike. The fields exhibit some very minor roughness and myriad abrasions, most of which are almost certainly representative of the original planchet quality and not post-striking blemishes. This is an exceptional mint error that bridges the gap between error collectors and pattern collectors. Of course, the Indian cent specialist will just have to own this as well. Grab your wallet and come along for the ride.(#2124) (Registry values: N991)

Coin Index Numbers: (NGC ID# 2283, PCGS# 2124, Greysheet# 1341)

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