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: 8/26/2015

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

1861 1C MS
Base $ 18.50 30.00 42.00 65.00 95.00 150 165 175 190 240 325 425 650 1500 3650 15000 55000 - -
$ 105 - 170 188 200 265 350 475 785 1950 5300 21000 -

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Total Graded: 1170
Low Grade: PrAg
Average Grade: 60
High Grade: 67

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
6/25/1997 PCGS MS 63   Teletrade Auction 0957, 957/Lot# 1013 $163.50
5/30/2005 PCGS MS 65   Goldberg May 30 - June 16, 2005 Pre-Long Beach Coin Auction, 31/Lot# 30 $920.00
1/9/2006 NGC MS 63   Heritage Auctions 2006 January Orlando, FL FUN Online Session #395, 395/Lot# 25083 $207.00
3/28/2009 PCGS MS 66   Heritage Auctions 2009 March Baltimore, MD Signature US Coin Auction #1126, 1126/Lot# 180 $2,760.00
5/27/2012 PCGS Genuine Genuine   GreatCollections GreatCollections Coin Auctions 05/27/2012, 24/Lot# 54350 $88.00
5/11/2014 PCGS MS 65   David Lawrence Rare Coins Internet Auction # 803, 812/Lot# 511 $1,101.00
7/11/2014 NGC AU 50   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 5141 $105.75
9/4/2014 NGC MS 65   Heritage Auctions 2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach Session(2), 1209/Lot# 3651 $998.75

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