LOT Old Heritage Auctions  /  2008 April Rosemont, IL (CSNS) US Coin #1104  / 

2239

1877 1C MS65 Red PCGS

Currency:USD Category:Coins & Paper Money Start Price:28,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1877 1C MS65 Red PCGS
<B>1877 1C MS65 Red PCGS.</B></I> Although the 1909-S Indian cent has a lower mintage than the 1877, the latter is regarded as the key to the series, since few pieces were set aside, while the 1909-S was hoarded to some degree due to the change in designs that year. When encountered, 1877 cents are usually in well worn grades, and often corroded. High grade, full Red examples are under great demand from collectors of this popular series. This highly lustrous Gem features gold centers, bordered by reddish-orange color near the rims. The strike is decidedly above average, and surface imperfections, such as a tiny mint-made planchet flaw in the field near the chin, are unimportant. As usual for business strikes for this important issue, the N in ONE is shallow, unlike proof 1877 cents, which feature a bold N in ONE. In fact, the business strike 1877 marks the final appearance of the shallow N reverse subtype, which had begun to be phased out in 1870. Population: 22 in 65, 6 finer (3/08).<BR><BR><B>Coin Engraver:</B> James B. Longacre<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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