1877 1C MS65 Red PCGS. CAC....

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1877 Indian Cent, MS65 Red
Ex: Pogue, CAC Approved

1877 1C MS65 Red PCGS. CAC. Ex: Pogue-Bender. The small mintage of the 1877 Indian cent is a reflection of demand for new coinage that year, not because of limited commercial need for cents, but because of a large number of old cents that were reissued in 1877 for circulation. In total, more than 9 million uncurrent Indian cents that had been returned to the Mint throughout the previous year were deemed still suitable for public use and were reissued. As a result, only limited supplemental coinage was needed, resulting in a mintage of 852,000 cents in 1877. While this issue is usually available today, Gem-quality Red examples are scarce, and CAC-approved pieces in this grade are incredibly rare, with only a handful known.

The present coin is the former Pogue Collection specimen. Satiny, original copper-orange luster with only subtle hints of amber and contact marks adorns each side. The strike is bold, and eye appeal is outstanding. Population: 29 in 65 (3 in 65+) Red, 9 finer. CAC: 2 in 65, 2 finer (10/22).
Ex: D. Brent Pogue Collection, Part VII (Stack's Bowers, 3/2020), lot 7012.
From The Bender Family Collection, Part II. (Registry values: N7079)

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

Weight: 3.11 grams

Metal: 95% Copper, 5% Tin & Zinc

View all of [The Bender Family Collection, Part II ]

View Certification Details from PCGS