1877 1C PR66 Red Cameo PCGS....

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Remarkable 1877 Indian Cent
PR66 Red Cameo

1877 1C PR66 Red Cameo PCGS. Snow-PR1. The date is equally spaced, and the letters on the left-side obverse, UNITED STATES, show prominent doubling. The reverse is struck from a left-over, repolished die originally used in 1872 and again in 1876, with a bulging right pennant on the T of CENT. This reverse, according to Rick Snow, accounts for perhaps 70% of all examples of this famous proof issue. There is considerable opacity concerning the mintage of both proof and business-strike 1877 cents. Walter Breen, in his 1977 edition of the Proof Encyclopedia, recorded the proof mintage as "510+." It is known that 510 complete proof sets were produced, with another perhaps 400 pieces produced either singly, released into circulation, or included in minor proof sets with the 1877 three cent and Shield nickels. Today the Guide Book and Snow's Guide Book of Flying Eagle and Indian Head Cents estimate the mintage at 900 and 900+ pieces, respectively.
This is an absolutely marvelous 1877 cent. The obverse is deep cherry-red, with glints of sage around the peripheral lettering. The reverse is considerably lighter in hue, with almond-gold predominating over a sliver of deeper reddish-gold. The fields are deeply reflective, with noticeable contrast evident against the frosted devices. Virtually defect-free, there is a fishhook-shaped lint mark just below the eye of the Indian, and a few tiny specks of carbon are seen on each side, although scarcely visible without a loupe. In PR66 Red Cameo this piece is one of only two pieces so certified at PCGS, with none finer in the Cameo designation. Indeed, only two PR67 non-Cameo coins are numerically finer at PCGS (2/09).
A remarkable opportunity for the connoisseur of this long-lived and incredibly popular series.
From The Joseph C. Thomas Collection.(Registry values: P8)

Coin Index Numbers: (NGC ID# 229W, PCGS# 82320, Greysheet# 1556)

Weight: 3.11 grams

Metal: 95% Copper, 5% Tin and Zinc

View all of [The Joseph C. Thomas Collection, Part One ]

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