Coin Specifications

Category: Indian Cents (1859-1909)
Mint: Philadelphia
Mintage: 39,233,714
Catalog: KM-90a
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Bronze
Weight: 3.11 Grams
Diameter: 19mm
Edge: Plain
Numismatic specification data provided by Krause Publications NumisMaster.
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1864 BRONZE 1C MS obverse 1864 BRONZE 1C MS reverse


  
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Description & Analysis

A solution to the hoarding of cents during the Civil War was found by observing the success of commercially issued tokens of copper that circulated freely. On April 22, 1864 Congress authorized a cent of 95% copper and 5% tin and zinc to replace the useless copper-nickel cent.

With the coinage of gold and silver at the Philadelphia Mint already quite low, it was an easy matter to direct all of its resources to the mass production of bronze cents. Nearly 40 million were coined before year's end, most of these having the rounded bust tip of 1860-64 copper-nickel cents and lacking the designer's initial L.

Under such pressure, however, there were many die-punching errors both minor and major, as well as the overuse of dies which left them highly eroded. The resulting coins have blurry details and are not eye appealing in any grade. Fortunately, there appears to be a good supply of well struck Mint State examples, too. Enough 1864 bronze cents were preserved either by accident or design that this date is available even with full mint red color.

GRADE SUMMARY

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Price Guide

Last Updated: 6/18/2015

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1864 BRONZE 1C MS Brown
  GVGFVFXF5053555861626364656667686970
Base $ 10.00 13.00 22.00 40.00 65.00 80.00 85.00 90.00 95.00 105 145 160 200 355 500 975 - - -
$ 70.00 - - - - 115 155 175 225 390 600 - -
1864 BRONZE 1C MS Red Brown
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 125 165 240 350 600 900 1700 - - -
$ - - - - - - - - 400 650 1000 - -
1864 BRONZE 1C MS Red
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 150 190 325 550 1140 2250 7500 - - -
$ - - - - - - - - - - 2800 - -

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: 1309
Low Grade: PrAg
Average Grade: 62
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/9/2006 NGC MS 65   Brown Heritage Auctions 2006 January Orlando, FL FUN Online Session #395, 395/Lot# 25095 $161.00
9/4/2006 NGC MS 66   Red Brown David Lawrence Rare Coins Internet Auction # 103, 108/Lot# 284 $391.00
4/17/2011 PCGS MS 64   Brown Teletrade Auction 3049, 3049/Lot# 1036 $207.00
7/7/2011 PCGS MS 64   Red Brown Heritage Auctions 2011 July Orlando Summer FUN Signature US Coin Auction Session(4), 1157/Lot# 7165 $276.00
1/29/2012 PCGS AU 50   Red Brown Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 2543 $7,705.00
12/30/2012 PCGS AU 55   Brown GreatCollections GreatCollections Coin Auctions 12/30/2012, 55/Lot# 92832 $124.30
7/27/2013 NGC MS 64   Red Brown Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 30074 $189.18


NGC Registry

NGC Registry Score 1864 BRONZE 1C MS Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base3750679416325527230432033635136638148952762091611381683129616382044
41567611719426128330932534135637141750255871999013201683141017730
00000028330932534135637141750255871999013201683141000
000000293315331346361376453514589817106415011683152400
1864 BRONZE 1C MS Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base37506794127167194220241258282395437539705908127116092507305936974427
4156761051401762032272472663204094715947731029138419082691327239400
0000002032272472663204094715947731029138419082691327200
0000002112342522743574235056508401150149622082875348400
1864 BRONZE 1C MS Red
 PrAgGVGFVF4045505355586061626364656667686970
Base375067941271671942202412582822985025978651206183424644565530262517320
4156761051401762032272472662873665346869791415204431644811561866070
0000002032272472662873665346869791415204431644811561800
00000021123425227429343456577610921625225438655056593500
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