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***Auction Highlight*** 1877 Indian Cent 1c Graded Select Unc RB By USCG (fc)

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:2,525.00 - 10,100.00 USD
***Auction Highlight*** 1877 Indian Cent 1c Graded Select Unc RB By USCG (fc)
***Auction Highlight*** 1877 Indian Cent 1c Graded Select Unc RB By USCG. The Key Date to the whole Indian Cent Series. According to Jaime Hernandez from PCGS, ‘The 1877 Indian Cent is unquestionably the most desirable coin in the entire circulation strike Indian Cent series. It is the second lowest mintage coin in the series, and only the 1909-S Indian cent has a lower mintage. Despite the 1877 Indian cent having the second lowest mintage in the series, it also survives in much smaller numbers than the 1909-S Indian cent. This is mainly due to the lack of coins being collected in 1877 compared to 1909. There is only one reverse die confirmed as striking all existing 1877 Indian cents. However, if there was only one reverse die employed to strike all (877,000)1877 Indian cents, then this lone die should have sustained major planchet flaws when striking such a large mintage. Surprisingly, this is not the case since 1877 cents show no traces of a damaged die. Therefore, it is strongly believed that the mintage of 877,000 coins struck, is actually a highly inflated figure. Handsome and fully original Choice Uncirculated quality for this eagerly sought key date issue. Mottled copper brown patina is splashed over surfaces that still retain ample deep orange luster. Smooth in appearance, and uncommonly so even for the assigned grade, this smartly impressed and visually appealing coin is sure to sell for a strong bid. From a mintage of just 852,500 pieces, survivors of which are the rarest circulation strikes in the Indian cent series. Trends on this absolute single Key to the Indian Cent Series is ms63 RB $7,000 ms64 RB $10,100 A Corey's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin. I give this coin my highest recommendation