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Description

1877 Gem Indian Cent With Glowing Mint Red Luster

1877 1C MS65 Red NGC. A shortage of copper resulted in the mint's limited production of Indian cents in 1877. A paltry total of 852,500 pieces were struck, and, while the final-year 1909-S has a lower mintage (309,000 pieces), the '77 is the undisputed key to this widely collected series. It seems likely that while the 1909-S survived in sufficient numbers (thanks to heightened public awareness of numismatics in the early 20th century), most examples of the 1877 production entered economic channels. Not so with the present Gem, whose surfaces are smooth with virtually no blemishes to report. Both sides are aglow with rich orange-red luster, and the strike is bold in most areas. A little softness of detail is noted on the obverse at the tips of the feathers in Liberty's headdress. For future identification, a small mark resembling a lintmark is visible in the left obverse field under the A of STATES.
From The Five Point Collection.(Registry values: N7079)

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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Auction Info

Auction Dates
January, 2010
6th-10th Wednesday-Sunday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 1,008

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Jan 7, 2010 for: $18,400.00
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