Coin Specifications

Category: Indian Cents (1859-1909)
Mint: Philadelphia
Mintage: 49,840,000
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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1863 1C MS obverse 1863 1C MS reverse

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Description & Analysis

With silver coins worth more than their face value in green backs and thus unable to circulate, the Mint cranked out vast numbers of cents during 1863 in an attempt to provide small change. The mintage for 1863 cents set a record for a single emission that lasted until 1890. Desperate merchants took to bagging these coins in amounts of 25 or 50 cents as replacements for quarters and halves, a practice that lasted until fractional paper money filled the void.

With nearly 50 million cents coined in 1863, the dies were overworked, and many examples surviving in Mint State show noticeable die erosion. Examples in all grades short of MS-65 are nonetheless plentiful.

Popular varieties for this date are listed at left.


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Price Guide

Last Updated: 8/27/2015

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

1863 1C MS
Base $ 9.00 11.00 13.00 20.00 35.00 63.00 68.00 78.00 95.00 130 180 255 430 1075 3000 9500 - - -
$ 40.00 - 73.00 85.00 100.00 140 200 285 485 1450 4000 - -

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Total Graded: 2472
Low Grade: G
Average Grade: 62
High Grade: 67

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
9/10/2006 NGC MS 64   Goldberg September 10-13, 2006 Pre-Long Beach Coin and Currency Auction, 37/Lot# 1 $230.00
3/24/2008 NGC MS 65   David Lawrence Rare Coins Monday - Internet Auction # 232, 238/Lot# 18 $793.50
11/7/2011 PCGS MS 62   Heritage Auctions 2011 November 7-9 US Coins Signature Auction - Beverly Hills Session(4), 1161/Lot# 7130 $161.00
1/9/2013 PCGS MS 65   Heritage Auctions 2013 January 9-13 US Coin FUN Signature Auction - Orlando Session(7), 1181/Lot# 8315 $881.25
3/25/2013 PCGS AU 55   Teletrade Auction 3423, 3423/Lot# 1022 $70.00
10/6/2013 PCGS MS 64   GreatCollections GreatCollections Coin Auctions 10/06/2013, 95/Lot# 141041 $287.10
1/5/2014 PCGS MS 64   Heritage Auctions Internet Coin Auction Session(1), 131402/Lot# 22019 $493.50
5/31/2015 PCGS MS 64   Stack's Bowers iAuction 3532, 6101/Lot# 20179 $282.00

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