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1877 1C PR67 Red PCGS....
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Description
Essential 1877 Indian Cent, PR67 Red
One of the Two Finest at PCGS
1877 1C PR67 Red PCGS. It was in July-August 2008 that
Heritage had the privilege of handling the wonderful Estate of
Robert R. Rollins Collection, Part Three, containing many finest
known and near-finest known Indian cents. Although that legendary
collection was superb in every sense of the word, the proof 1877
Indian cent that it contained was a PR66 Red--one of 11 coins so
certified at PCGS, with but two coins finer (Heritage, 7/2008, lot
1547).The present piece is one of the two finer specimens.
The population data, six months later, are unchanged, and to collectors familiar with the series, it need not be said that collecting top-grade proof Red Indian cents is hardly for the faint of heart. As of this writing, there are 27 different collections listed in the PCGS Set Registry for the Indian Cents Basic Set, Proof (1859-1909) collection. Without going into the minutiae of this set versus that set, it becomes obvious that, with only two PR67 Red PCGS coins certified, this piece would provide an upgrade for nearly every one of those sets! (Because of the way PCGS provides bonuses for Red, Cameo, and Deep Cameo, a PR65 Red Cameo is worth one more grade point than this PR67 Red non-Cameo coin.)
A further indication of the desirability of this issue is the points PCGS awards for any example of the date. While most of the difficult proof issues of the 1860s and 1870s are worth from three to five points, the 1877 in any grade is worth a whopping eight points on the PCGS Set Registry!
This is a breathtaking proof Indian cent, regardless of date, and it is truly memorable for an 1877. Each side has bright orange-red color with just the lightest splash of lilac on the reverse. The surfaces are absent the usual contact marks seen on proof Indian cents. The only "defect" we see on this magnificent coin is slight softness of strike at the tips of the top two feathers in the headdress.
For either the dedicated, hardcore Registry Set collector or the collector who simply demands the finest key-date coins available, this coin could well be considered an essential acquisition. Population: 2 in 67 Red, 0 finer (12/08).(Registry values: N10218)
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.
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