Lot 2471
1867 Indian Head Cent. PCGS graded MS-65 Red PQ CAC Approved. Well struck with lovely Mint Red colors. A Premium Quality example. This desirable Gem has glowing reddish-orange surfaces and no mentionable problems on either side. Very elusive in Gem condition and with intact mint color. And so to the next qualification, the strike. Here we see quite good detail with not even minor weakness to the sharp centers although some of the rim dentils are compromised, as often happens with Indian Cents struck in the 1860s for some reason. Pop 20; 1 in 66 Red (PCGS # 2090) .
If President Millard Fillmore (1850-53) couldn't read Latin, Andrew Johnson (President, 1865-69) was lucky to be able to read at all. He never went to any kind of school; his wife taught him to read. He is often held up as an example of a failed presidency. Instead, he seems to have made one of the best deals for the American people ever -- buying Alaska from Russia in 1867, the year of this Indian cent, for $7.2 million. Who has added so much since? What other President has actually made the nation richer, rather than poorer? Johnson did the nation a great service, say the historians. Still, he gets little respect and practically no thanks. They ought to honor him on a coin made from melted down Alaskan gold nuggets.
Estimated Value $3,100 - 3,300.
The Coltrin Family Collection.
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| Realized $4,140 |
