Lot 2497
1887 Indian Head Cent. PCGS graded MS-65 Red CAC Approved. Both sides have reflective fields. A vibrant gemmy red coin. The 1886 is more famous as a transitional date for the Indian cent, due to the changes made to its obverse. In 1887, the Mint ceased buying cent planchets from their previous supplier, and switched to another firm linked to Joseph Wharton, who is better known to most numismatists for his decades-earlier efforts to have the Mint adopt nickel as its coinage metal (naturally sold by his mines). The contract lasted only two years, and in 1889, the Mint switch to a local firm, Merchant & Company, as its supplier. Pop 57; 18 finer with 15 in 66, 1 in 66+, 2 in 67 (PCGS # 2159) .
Estimated Value $1,900 - 2,000.
The Coltrin Family Collection.
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| Realized $1,783 |
