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155
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U.S. Currency/Encased Postage/Small Cents
T
IED
F
OR
F
INEST
1864-L I
NDIAN
C
ENT
,
MS-66 R
ED
Enlargement
1027
1864-L Bronze
.
NGC graded MS-66 Red
. Brilliant cop-
per-red surfaces are one of the appealing features on this
remarkably preserved Gem example. A bold strike encom-
passes not only the sharp L on the ribbon but all four dia-
monds nearby, and all but the first two feather tips. Just a
couple of microscopic flyspecks are noted on the obverse.
The With L cents are many times rarer than the No L vari-
ety, and most are well circulated. Indian cent enthusiasts
will pay close attention to this lot.
Pop 5; none finer at
NGC. Tied for the finest graded Red example at
either service.
Estimated Value .................................... $13,000 - 14,000
1028
1872
.
PCGS graded MS-65 Red & Brown.
CAC
APPROVED.
The 1872 is considered the most difficult Indian
cent date, aside from the 1877, to obtain in Gem Mint State
condition. This is due to the poor quality of the copper alloy
being used at the Mint at the time. This Gem Red and Brown
example is far finer than most survivors, thus the high grade by
PCGS and the coveted CAC sticker. Slightly mottled red-orange
and straw-tan colors equally overlay each side. There are no
mentionable distractions or carbon spots, however, the strike is
(typically) a bit soft in some local areas of the design.
Pop 73;
7 finer, 1 in 65+, 6 in 66
. (
PCGS # 2104
)
Estimated Value ..............................................$2,500 - 2,600
1874 I
NDIAN
H
EAD
C
ENT
, MS-66 R
ED
Enlargement
1029
1874
.
PCGS graded MS-66 Red PQ.
CAC APPROVED.
As is the case with several other dates from the 1870s, the
1874 has a relatively low mintage and is considered very
scarce with full Red surfaces. PCGS currently has certified
117 examples as Red, with most of those graded MS-64 or
MS-65. The present lot is just one of eight 1874 cents certi-
fied as MS66 Red by PCGS, none are finer at either service.
It is precisely struck and highly lustrous with rich copper-
red surfaces. There are no mentionable abrasions. Carbon
is minimal with two minor flecks noted on the eighth
feather tip and northeast of the 4 in the date, and faint
clash marks are present near the profile and the C in CENT.
An unimprovable representative of a conditionally challeng-
ing date.
Pop 8; none finer at both services.
(
PCGS #
2120
)
Estimated Value .................................... $20,000 - 22,000
G
EM
R
ED
P
ROOF
1877 I
NDIAN
H
EAD
C
ENT
Enlargement
1030
1877
.
PCGS graded Proof 65 Red
. An impressive alter-
native to a high-grade business strike 1877, this Gem proof
Indian cent is sure to be of high interest to date collectors.
It is a fully impressed example that also possesses beautiful
color in rich copper-red and autumn-orange shades. There
are no blemishes of note, and the overall appearance is of
an even finer grade rating.
Pop 19; 12 finer, 10 in 66, 2
in 67
. (
PCGS # 2320
)
Estimated Value ...................................... $9,000 - 10,000
1031
1877
.
PCGS graded UNC Details, Cleaning.
Harshly
cleaned, now retoning to a milk-chocolate color. Unfortunately,
both sides exhibit myriad black spots from an unknown cause.
An affordable example of this popular date. (
PCGS # 2127
)
Estimated Value ................................................... $600 - 650