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

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

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: 1123
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
1/12/2015 MS 65   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(8), 1216/Lot# 9151


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/1/1996 PCGS MS 67   Heritage Auctions 1996 May/June Long Beach Sale #157, 157/Lot# 6428 $2,970.00
9/6/2004 NGC MS 65   Goldberg September 6-7, 2004 Pre-Long Beach Coin Auction, 26/Lot# 190 $690.00
6/7/2007 PCGS MS 65   Teletrade Auction 2378, 2378/Lot# 1014 $1,120.00
6/1/2011 PCGS MS 66   Heritage Auctions 2011 June Long Beach Signature US Coin Auction Session(1), 1156/Lot# 3071 $4,657.50
2/2/2012 NGC MS 65   Heritage Auctions 2012 February 2-5 US Coins Signature Auction- Long Beach Session(1), 1167/Lot# 3121 $862.50
2/28/2012 PCGS MS 66   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 1378 $2,415.00
6/22/2014 NGC MS 65   GreatCollections GreatCollections Coin Auctions 06/22/2014, 200/Lot# 202492 $1,027.40
10/5/2014 NGC AU 50   David Lawrence Rare Coins Internet Auction # 824, 833/Lot# 23 $150.00


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