1877 1C MS64 Red PCGS....

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Full Red 1877 Indian Cent, MS64
Key to the Series

1877 1C MS64 Red PCGS. The small mintage of 852,500 Indian cents in 1877 was recognized early on. In a September 13, 2005 Numismatic News article titled "1877 Indian Cent a Perennial Favorite," Paul Green says:

"For small cents that were first released in 1857, a mintage of less than 1 million pieces was remarkable. It had never happened before and there is reason to believe that perhaps a few more 1877 cents were saved than would normally be the case simply because some learned early that it was low-mintage."

Green might be correct in his contention that 1877 cents were saved in relatively large numbers (this is at odds with Richard Snow, however, who asserts that very few 1877s were saved; see Snow's A Guide Book of Flying Eagle and Indian Head Cents, 2006, pp 135-136). In any event, perusal of PCGS/NGC population data reveals that these services have certified a few thousand "Brown" examples in grades ranging from Poor to Gem. Close to 500 Red and Brown coins, mostly in Mint State grades, have also been graded, as have about 90 Red pieces, all in Mint State.
Both sides of this near-Gem example display bright copper-gold mint luster. While the design features are generally well defined, certain areas reveal the typically seen softness, including the feathers tips and the lower diamonds. Mentionable contact marks are absent, but light fly specks scattered over each side deny Gem status. Encased in a scarce doily label holder. Population: 41 in 64 Red, 29 finer (3/10).
From The Carter Family Collection.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 2284, PCGS# 2129, GSID# 1346)

Metal: 95% Copper, 5% Tin & Zinc
Weight: 3.11 grams
Weight: 0.10422oz
Mintage: 852,500

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