Lot 1940
1877 Indian Head Cent. PCGS graded Proof 64 Red. The key date to the Indian cent series, 1877 has remained popular with collectors for well over a century. Naturally, the most desirable color to find is a full "red" example, as seen here, as compared with a brown or red and brown example of this date. In expected fashion, this proof is fully struck and very well preserved. The surfaces show minor fly specks on both sides, expected on these early proofs. The devices and lettering are well frosted, giving this particular specimen good contrast between the fields and devices. PCGS estimates that 900 were struck, with a reported mintage of just 510 from Mint records. Of these, PCGS has graded 39 specimens as such in Red, with 33 graded higher. With mint state examples few and far between, many collectors purchase a proof example for their collection.
Estimated Value $3,500 - 4,500.
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| Realized $4,600 |
