Lot 2467
1864 Indian Head Cent. Bronze. PCGS graded MS-65 Red. Snow 1. Includes Eagle Eye Photo Seal. We note a tiny obverse fly-speck. Pop 107; 34 in 66, 1 in 67 (PCGS # 2078) .
Historical Note: To aid the Mint in coining large numbers of the new bronze coins beginning in 1864, a private company received a contract to prepare blanks for the new bronze coinage. Bronze is an alloy of copper with tin and zinc, usually 95% copper with 5% of the latter two. With this pravte contractor's help, the Mint was able to strike nearly 60 million coins in the last seven months of 1864. The small coin shortage of the early war years was over.
Estimated Value $700 - 750.
The Coltrin Family Collection.
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| Realized $920 |
