Lot 1039
1859/1859 FS-006.3. NGC graded MS-63. Accompanied by an Eagle Eye certificate. Major repunching on all four digits in the date, the die maker punched his logotype in far too low and corrected the mistake, but clear evidence remains. An outstanding deep strike example with very choice surfaces and wonderful eye appeal. There is an area of dark color above the U of UNITED; elsewhere, light copper-nickel tan prevails with a splash of golden color in the feathers and around AMERICA, as per the qualifications for the grade. Popular and important as key variety of this one-year type design featuring Longacre's Indian head design. In 1859 only, a simple reverse design featuring a Laurel wreath reverse around the denomination, "ONE CENT" is used. We refer to this design as the Indian cent, however, the obverse portrait is really "Lady Liberty", a Caucasian representation of an allegorical goddess first bestowed on Longacre's Three Dollar design of 1854 where a feathered headpiece also adorns her hair. On the 1859 Indian cent, Liberty is wearing a headdress of a Native American of the Chippewa tribe. The reverse is actually an olive wreath, although the laurel wreath description is somewhat accurate as their leaves are visually similar.
Estimated Value $2,800 - 3,000.
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