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Lot 0639 1865 Indian Head 1C. Plain 5 SEGS MS64 RB

Currency:USD Category:Coins & Paper Money Start Price:50.00 USD Estimated At:100.00 - 150,000.00 USD
Lot 0639 1865 Indian Head 1C. Plain 5 SEGS MS64 RB
The wood-grain effect arises from the uneven alloy mix of the planchet. When the bar of copper (French bronze in this instance) is rolled to the correct thickness, the rolling process "stretches" the metal in one direction, thus imparting the parallel -- and some consider very charming -- wood-grain texture. A glossy brown specimen with some repunching on the date as often found on 1865-69 era cents.