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.

GRADE SUMMARY

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Price Guide

Last Updated: 6/17/2013

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1861 1C MS
  GVGFVF4045505355586061626364656667686970
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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Census

 
NGC GRADE SUMMARY

Total Graded: 1098
Low Grade: PrAg
Average Grade: 61
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
9/2/2014 AU Details  Heritage Auctions Internet Coin Auction Session(1), 131435/Lot# 21010
9/6/2014 MS 65   Heritage Auctions 2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach Session(2), 1209/Lot# 3651


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/28/2003 NGC AU 55   Heritage Auctions Exclusively Internet Auction #23021, 23021/Lot# 11003 $126.50
4/25/2005 NGC MS 64   David Lawrence Rare Coins Richmond Sale, Internet-Only Auction, 40/Lot# 2 $374.90
5/28/2008 PCGS MS 66   Heritage Auctions 2008 May Long Beach, CA Signature Auction #1108, 1108/Lot# 2257 $3,737.50
2/24/2013 PCGS Genuine UNC   GreatCollections GreatCollections Coin Auctions 02/24/2013, 63/Lot# 99920 $84.80
7/22/2013 PCGS MS 62   Teletrade Auction 3440, 3440/Lot# 1018 $230.00
1/26/2014 PCGS MS 64   Goldberg January 26-28, 2014 January Pre-Long Beach Sale 17.5% BP, 78/Lot# 922 $616.88
4/28/2014 PCGS AU 58   Stack's Bowers iAuction 3479, 6028/Lot# 20018 $193.88


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