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    Description

    1877 Cent, PR65 Red and Brown
    Alternative to the Business Strike

    1877 1C PR65 Red and Brown NGC. Orange-gold luster shows through the veneer of tan patination on this Gem proof, the latter being slightly deeper on the reverse. The design features are well-struck, though a couple of the diamonds are softly impressed, as are the tips of three feathers. Neither side reveals mentionable contact marks or carbon spots.

    Population Data (8/15): NGC reports 71 submissions in PR65 (one PR65+) Red and Brown and 19 finer. PCGS shows 74 in PR65 Red and Brown and six finer.

    Heritage Commentary: The actual number of 1877 cents manufactured in proof format is unknown. Walter Breen's 1989 proof Encyclopedia gives a figure of 510+ pieces. Julian (1992) revised this estimate to 900 coins. Bowers (1996) estimates 1,250 to 1,500 examples. Snow (2009) estimates 900+ specimens. The 2016 Red Book suggests 900 examples.

    Irrespective of the number of 1877 cents produced in proof finish, this issue is highly important in the Indian Head series because date collectors will often substitute it for higher-priced Uncirculated business strike examples. That said, the 1877 proof still commands a higher price than other proofs in the series (with the exception of the very rare 1864 With L). The current Gem will be an excellent addition to a high-grade Indian cent collection.(Registry values: N4719)

    Coin Index Numbers: (NGC ID# 229W, PCGS# 2319)

    Weight: 3.11 grams

    Metal: 95% Copper, 5% Tin and Zinc


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    October, 2015
    28th Wednesday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
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