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1877 1C MS66 Red and Brown NGC....
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Sold on Jan 7, 2010 for:
$17,250.00
Bid Source: Internet bidder
Description
1877 Indian Head Cent, MS66 Red and Brown
Tied for Finest Certified
1877 1C MS66 Red and Brown NGC. Only 852,500 cents were
minted in 1877, the smallest mintage for the denomination since
1823. The Mint redeemed and reissued nearly 10 million cents in
1877 which, when coupled with the low demand for small change in
the depressed economy, made a large production of cents
unnecessary. The survival rate for the date is also surprisingly
low, making the 1877 the rarest Indian Head cent. The present coin
is a delightful specimen, with predominately red surfaces, evenly
and lightly mellowed, with just a touch of brown. The strike is
sharp, but not quite full. Full detail is present on the feathers,
but there is some localized weakness on the second diamond from the
top and the lower reverse wreath. Currently, consulting both
leading grading services, the coin offered here is tied for finest
certified in the Red and Brown category. Census: 8 in 66 Red and
Brown, 0 finer (11/09).(Registry values: N7079)Coin Index Numbers: (NGC ID# 2284, PCGS# 2128, GSID# 1345)
Metal: 95% Copper, 5% Tin & Zinc
Weight: 3.11 grams
Weight: 0.10422oz
Mintage: 852,500
Auction Info
2010 January Orlando, FL FUN US Coin Auction #1136 (go to Auction Home page)
Auction Dates
January, 2010
6th-10th
Wednesday-Sunday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 991
Buyer's Premium per Lot:
15% of the successful bid per lot.
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