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1861 ONE CENT

PCGS Nos: 2061, 2256

Mintage:

Circulation strikes: 10,100,000
Proofs: est. 1,000

Designer: James B. Longacre

Diameter: 19 millimeters

Metal content:
Copper - 88%
Nickel - 12%

Weight: 72 grains (4.67 grams)

Edge: Plain

Mintmark: None (for Philadelphia) below the bow of the wreath on the reverse

Notes:
The finest Uncirculated example graded by PCGS is a single MS-68.

The finest Proof example graded by PCGS are 2 PR-66's.

The finest Proof Cameo examples graded by PCGS are 2 PRCA-65's.

Significant examples:
PCGS graded Proof 66.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, lot 1087, illustrated, where it was described as follows: "A beautiful example with frosty devices and moderately deep mirror fields. A few contact marks are visible on the reverse on the N and E on ONE. Nevertheless, this is an outstanding example of this exceptionally tough date. As with the 1860 issue, many coins struck this year were struck only once on moderately mirrored dies. This lack of quality standards at the Mint has made this a real tough issue to locate in gem condition. Out on an original mintage of 1000 pieces, only about 400 were released. The survivor rate seems to be quite low, perhaps many substandard examples were subsequently spent, or included collections as non-proofs.

There is enormous collector demand for this issue in gem condition. Expect fierce competition for this beauty.", sold for $19,550.00

Recent appearances:
PCGS Proof 64, Brown - Famous 1861 Confederate Cent Copper Restrike.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1196, illustrated, sold for $12,075.00  Ex: Ira Reed 7/28/1945 for $50  

Proof 63.  Ex-  Heritage Numismatic Auctions, Inc.'s "October 2000 Long Beach Sale", October 5-7, 2000, Lot 6667, not illustrated, not sold

Choice Brilliant Proof.  Ex - Stack's "The University of Notre Dame Sale", March 20-21, 2001, Lot 151, plated, sold for $920.00

PCGS MS-66.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1197, illustrated, sold for $3,277.00  From the Howard R. Newcomb collection of Indian Cents, purchased June 30, 1944 from J.G. Macallister

NGC MS-66.  Ex - Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 6590, not illustrated, sold for $1,178.75

NGC MS-66.  Ex - Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part II", March 15-17, 2001, Lot 1129, sold for $1,725.00

Sources and/or recommended reading:
"The PCGS Population Report, October 2003" by The Professional Coin Grading Service

 
 

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