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: 1121
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
9/21/2005 NGC MS 66   Heritage Auctions 2005 September Long Beach Signature Auction #384, 384/Lot# 791 $1,380.00
2/3/2010 NGC MS 66   Heritage Auctions 2010 February Long Beach, CA Signature US Coin Auction #1137, 1137/Lot# 111 $2,760.00
2/15/2010 NGC MS 66   Stack's Bowers The March 2010 Baltimore Auction, 33/Lot# 182 $1,897.50
9/19/2010 NGC MS 65   Goldberg $719.00
4/12/2011 NGC Details XF Details  Teletrade Auction 3047, 3047/Lot# 1001 $27.00
5/22/2011 NGC Details UNC Details  Heritage Auctions Internet Coin Auction Session(2), 131122/Lot# 26637 $149.50
2/24/2013 PCGS MS 65   GreatCollections GreatCollections Coin Auctions 02/24/2013, 63/Lot# 97481 $935.00
3/30/2014 PCGS AU 55   David Lawrence Rare Coins Internet Auction # 797, 806/Lot# 9 $200.00

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