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    Description

    1877 Indian Cent, PR66 Red
    Bright and Deeply Mirrored

    1877 1C PR66 Red PCGS. CAC. The business strike version of the 1877 cent is undoubtedly the most desirable issue in the Indian Head series, and, as is often the case, that causes significant demand for its proof counterpart. Proofs can be easily distinguished from circulation issues by the left upright of the N's in ONE and CENT. On business strikes, the N in ONE is tapered towards the foot, while the N in CENT becomes thinner towards the top. The left upright of the N's in proofs, however, is boldly defined on both. This diagnostic is useful for authentication. The Red Book estimates that only 900 proofs were struck, which is on the low side compared to later issues. High-grade examples are especially elusive, and PCGS reports just 11 examples in PR66 Red with only two specimens graded finer (7/11).
    This is an unquestioned proof striking, however, with deep, flashy fields. Each side is yellow-red and well-matched on both sides. An interesting bit of softness is localized on each side, on the obverse affecting the date and on the reverse affecting the shield.
    From The Oliver Collection.(Registry values: N7079)

    Coin Index Numbers: (NGC ID# 229W, PCGS# 2320)

    Weight: 3.11 grams

    Metal: 95% Copper, 5% Tin and Zinc


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

    View all of [The Oliver Collection ]

    Auction Info

    Auction Dates
    August, 2011
    11th-14th Thursday-Sunday
    Bids + Registered Phone Bidders: 14
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