Lot 1054
1861 Indian Head Cent. PCGS graded Proof 64. Full strike with medium mirrors. A scattering of marks is visible in the field in front of the portrait. This is one of the toughest dates in the proof Indian cent series. The Mint had poor sales of proof coins this, the first year in the Civil War. According to Richard Snow in his "Flying Eagle and Indian Cent Attribution Guide Vol. 2 1859-1869", of the 1000 pieces reportedly minted, only 134 pieces were sold prior to April 30th. A large percentage of the remaining pieces may have been still on hand at the Mint at the end of the year. These may have been released into circulation, or otherwise destroyed. The estimated population of survivors is more like 300 total. The typical quality of these is quite poor, which makes and gems quite hard to find (PCGS # 2256) .
Estimated Value $2,500 - 3,000.
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| Realized $2,875 |
