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1869 Indian Head Cent PCGS MS64 BN

Currency:USD Category:Coins & Paper Money Start Price:350.00 USD Estimated At:700.00 - 900.00 USD
1869 Indian Head Cent PCGS MS64 BN
Another attractive example of the scarce 1869 date. For years, collectors wanted to believe there was such a thing as an 1869 over 8 cent and so they took one variety which has a recut 9 and, through the process of human illusion, created the myth that such a thing existed. Finally, enough specialists stated the obvious, that the emperor has no clothes, and the Red Book, along with the grading services dropped the 1869/8 designation in lieu of the more correct 1869/9 or "Repunched 9" terminology. So it goes in numismatics. The same thing just happened to the 1878 7/8 Tail Feathers dollars; now they are just repunched feathers. (#2094)<p><i>The Silberkleit Collection of Small Cents</i>