Coin Specifications

Category: Indian Cents (1859-1909)
Mint: Philadelphia
Mintage: 36,400,000
Catalog: KM-87
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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1859 1C MS obverse 1859 1C MS reverse


  
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Description & Analysis

The production of cents was quite high in 1859, as the Mint sought to fully retire the old coppers, as well as the assorted foreign coins that had been legal tender in the USA until 1857.

Appearing first as a series of pattern coins dated 1858, the new design which debuted in 1859 was well received by the public. More importantly, perhaps, is that it struck up better than the troublesome Eagle Cents. James B. Longacre had been careful to avoid placing the main design elements directly opposite one another on obverse and reverse, and this facilitated the smooth flow of planchet metal into the die cavities.

This issue is common in all grades short of MS-65, and it is especially popular with type collectors due to the fact that the wreath employed in 1859 was replaced for 1860, making this a one-year-only design. The wreath did, however, find a new life 15 years later on the copper-nickel three-cent piece.

Several die-punching varieties are known for this date, and the most popular ones have been included in The Cherrypickers' Guide to Rare Die Varieties. NGC recognized the three listed at left under its VarietyPlus Service.

GRADE SUMMARY

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Price Guide

Last Updated: 4/21/2015

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1859 1C MS
  GVGFVFXF5053555861626364656667686970
Base $ 13.00 17.50 24.00 50.00 100.00 170 190 210 225 330 490 775 1700 3900 8850 38500 - - -
$ 110 - 200 215 240 365 550 850 2100 5500 30500 - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 2105
Low Grade: PrAg
Average Grade: 60
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
6/7/2015 MS 63   Heritage Auctions 2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach Session(5), 1221/Lot# 7094


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/22/1996 NGC MS 63   Teletrade Auction 0834, 834/Lot# 109 $283.40
1/24/2005 NGC MS 63   David Lawrence Rare Coins Internet-Only Auction #25, 29/Lot# 23 $563.50
2/5/2006 PCGS MS 63   Goldberg February 5-8, 2006 Pre-Long Beach Coin and Currency Auction, 34/Lot# 32 $460.00
5/30/2012 NGC MS 62   Stack's Bowers The June 2012 Baltimore Auction, 137/Lot# 113 $690.00
6/5/2013 PCGS MS 66   Heritage Auctions 2013 June 5 - 9 US Coin Signature Auction - Long Beach Session(3), 1186/Lot# 4335 $8,225.00
7/11/2014 NGC XF 45   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 5135 $94.00
8/31/2014 NGC   GreatCollections GreatCollections Coin Auctions 08/31/2014, 189/Lot# 190244 $65.00
2/5/2015 PCGS MS 65   Stack's Bowers 2015 Americana Auction, 6070/Lot# 1163 $4,112.50


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