Coin Specifications

Category: Indian Cents (1859-1909)
Mint: Philadelphia
Mintage: 10,100,000
Catalog: KM-90
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Copper-Nickel
Weight: 4.67 Grams
Diameter: 19mm
Edge: Plain
Numismatic specification data provided by Krause Publications NumisMaster.
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1861 1C MS obverse 1861 1C MS reverse

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Description & Analysis

The mintage of cents fell to just over 10 million pieces in 1861, making this date the scarcest issue of the short-lived copper-nickel Indian Cent series. The huge number of small cents coined 1857-59 was sufficient to fill the market demand, and this accounts for the relatively low production in 1861.

The 1861 cent is not a truly rare coin, even in Mint State, due to an unusual situation that developed the following year. With the onset of the Civil War gold and silver coins were hoarded, and this practice ultimately spread to the humble cent. Many 1861 cents thus never had the chance to become worn.

This date is not notable for many varieties, due to the smaller number of dies used, but the repunched date listed at left is a popular one.


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Price Guide

Last Updated: 6/17/2013

Click on a price to see historical prices, comparison charts and trends.

1861 1C MS
Base $ 17.25 26.45 38.40 54.00 94.80 94.80 150 156 168 180 192 198 288 356 600 1160 3060 10760 46880 - -
$ 106 168 175 188 202 215 220 320 390 660 1280 3300 11600 -
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Total Graded: 1101
Low Grade: PrAg
Average Grade: 61
High Grade: 67

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
11/4/2004 PCGS MS 66   Heritage Auctions 2004 November Palm Beach, FL Signature Sale #358, 358/Lot# 5173 $1,897.50
2/10/2008 PCGS MS 65   Goldberg February 10-13, 2008 Pre-Long Beach Coin and Currency Auction, 44/Lot# 1760 $1,150.00
12/22/2008 NGC MS 65   David Lawrence Rare Coins Monday - Internet Auction # 312, 318/Lot# 39 $575.00
3/6/2011 PCGS VF 35   Teletrade Auction 3025, 3025/Lot# 1039 $63.25
1/27/2013 NGC Details AU Details  Heritage Auctions Internet Coin Auction Session(1), 131306/Lot# 24008 $82.00
1/26/2014 NGC MS 62   GreatCollections GreatCollections Coin Auctions 01/26/2014, 165/Lot# 143300 $209.19
7/11/2014 NGC AU 50   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 5142 $111.63

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