Lot 1053
1860 Indian Head Cent. NGC graded MS-64. Average strike with slightly muted luster. This is much scarcer than the rounded bust type. A few microscopic spots are visible on the reverse.
Rick Snow writes in his "Flying Eagle and Indian Cent Attribution Guide, Vol. 2, 1859-1869" That the 1860 pointed bust design is found on no less than seven different dies. These are the same portrait design as used only on 1859. Snow postulates that the Mint had on hand these seven undated dies at the end of 1859. These where then dated with the new years date and put into service. But why did the Mint change the design to the rounded bust after that? It is possible that for some reason the pointed bust master die somehow rendered unusable to make new hubs, so the Mint had to go back to the 1858 pattern design with the rounded bust point and use that master die to create its hubs for the new 1860 dies.
Estimated Value $600 - 750.
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| Realized $690 |
