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1877 1C MS65 Red and Brown NGC. Richard Snow (2006) wr

Currency:USD Category:Coins & Paper Money Start Price:600.00 USD Estimated At:1.00 - 1,000,000.00 USD
1877 1C MS65 Red and Brown NGC. Richard Snow (2006) wr
<B>1877 1C MS65 Red and Brown NGC.</B></I> Richard Snow (2006) writes that the low-mintage 1877 cent (825,000 business strikes) is related to the severe depression that plagued the country since 1873, along with a nationwide railroad strike. These events impacted the redemption of minor coinage. He states: "Nearly 10 million cents were turned in to the Mint this year, of which 9,821,500 were reissued. In addition to the reissues, the number of cents minted was the smallest since 1823." This Red and Brown Gem is sharply struck (including clarity on all four diamonds), with copper-gold luster imbued with traces of tan. No significant abrasions or unsightly spots are evident. Census: 75 in 65 Red and Brown, 8 finer (2/07).<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)