Lot 816
1877 Indian Head Cent. PCGS graded Proof 65 Brown. A well struck Gem Proof exhibiting a blend of natural mahogoney and sea green irridescence. Plenty of fiery mint red still intact on the reverse. Our grade would be PF 65 RB. Key date and always in demand. Always popular as a Proof example of the key date in the Indian Cent series. No precise mintage figure exists for the Proof 1877 Indian, but enough information is available to make an educated guess. Breen lists 510 in his Proof Encyclopedia. The present estimate is now 910. It is known that 510 Proof sets were sold which included the five silver coins, the two nickel coins and the cent. Additionally, there were about 400 "minor" sets struck which included just the cent and the two nickel coins, of which we know 260 were mailed out, with the unknown remainder being sold over the counter in Philadelphia. Pop 7; 2 finer in 66 Brown (PCGS # 2318) .
Estimated Value $4,000 - 4,500.
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| Realized $4,600 |
