Lot 1101
1867 Indian Head Cent. PCGS graded MS-65 Red and Brown. This is one of the top repunched dates in the series, one of the few that are collected as part of the regular date set. The 6 & 7 are repunched boldly above the date. This example is one of the top examples known. The surfaces are virtually perfect. The strike is full and the eye appeal is wonderful. Only 2 examples are known in full red (MS-64RD) and only 5 examples are reported in MS65RB. One MS66RB is known. The Cherry Picker's guide prices this variety at $2,500 in this grade.
Curiously, this variety is always seen with a late die state obverse, with numerous clash marks and roughness in the fields. It is probably that the repunching on the date was done after the die was used for an extended period. The problem with this scenario is that the die would be too hard to accept the new repunching. However, the die could have been softened, accounting for the buckling and surface roughness. Later die states of this variety actually show a smoother field due to additional repunching. A very interesting variety.
Estimated Value $1,500 - 2,000.
Includes Eagle Eye Photo Seal.
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| Realized $2,070 |
