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    Important MS67 Red 1887 Cent

    1887 1C MS67 Red PCGS. Though 1886 is far more famous as a transitional year for the Indian cent, due to the changes made to its obverse, the next year brought another change, albeit one less-recognized outside specialist circles. From early 1885 and through 1886, the Mint ceased buying cent planchets from their previous supplier, James Watson & Son, and mintages for those two years were depressed compared to cent production for the early 1880s. In 1887, cent planchet purchases resumed, this time from a firm linked with Joseph Wharton, who is better known to most numismatists for his decades-earlier efforts to wheedle the Mint into using nickel from his mines. The contract lasted only two years, and in 1889, the Mint used a local firm, Merchant & Company, as its supplier.
    The resumed purchases of cent planchets correlate with a substantial increase in cent production that would last several years; 1887 would see over 45 million pieces struck. Rick Snow notes that on a number of high-end examples of this issue, the surfaces show an interesting tan-gold color; this hue appears on the present lot, though only as an accent.
    This fiery, virtually impeccable Superb Gem is one of just two Red examples certified by PCGS at that level, with none numerically finer (6/08). The overall detail is crisp, including four complete diamonds on Liberty's ribbon, and the carefully preserved surfaces are vibrant with only slight variations in the prevailing copper-orange, lemon-yellow, and tan-gold shadings. Housed in a green label holder that shows an Eagle Eye Photo Seal sticker, though the card is not included with this lot.
    From the Estate of Robert R. Rollins Collection, Part Three.(Registry values: N4719)

    Coin Index Numbers: (NGC ID# 228F, PCGS# 2159)

    Weight: 3.11 grams

    Metal: 95% Copper, 5% Tin & Zinc


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    Auction Info

    Auction Dates
    Jul-Aug, 2008
    30th-3rd Wednesday-Sunday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
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