Coin Specifications

Category: Indian Cents (1859-1909)
Mint: Philadelphia
Mintage: 5,275,000
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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1870 1C MS obverse 1870 1C MS reverse


  
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Description & Analysis

Cent production was once again modest in this year, as a glut of existing pieces limited the demand for new ones. Aggravating this situation was the fact that cents were not redeemable when their numbers became excessive, and merchants who accumulated too many would have them refused as bank deposits. This situation was not addressed by Congress until the following year.

A new reverse hub was transitioned during this year. The old hub featured a shallow or depressed letter N in ONE, while the new reverse had this element of equal depth to the rest of the lettering. Very few dies taken from the old hub were used after 1869, and this Reverse of 1869 is rare for 1870 and the next two years.

1870 cents are quite scarce in the higher circulated grades and in Mint State, with fully red examples being genuinely rare.

GRADE SUMMARY

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Price Guide

Last Updated: 1/8/2015

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1870 1C MS Brown
  GVGFVF4045505355586061626364656667686970
Base $ 60.00 120 210 300 420 420 470 480 535 570 585 600 620 725 875 1200 2700 - - - -
$ 450 475 500 550 575 - - 665 765 975 1300 - - -
1870 1C MS Red Brown
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 610 640 680 825 1275 2200 4000 - - - -
$ - - - - - - - - - - 3250 - - -
1870 1C MS Red
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - 675 735 1025 1625 4750 14000 - - - -
$ - - - - - - - - - - - - - -

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: 906
Low Grade: PrAg
Average Grade: 58
High Grade: 66


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/27/2005 NGC MS 63   Red Brown David Lawrence Rare Coins Auction 43: The Cook Family Collection, 47/Lot# 56 $500.25
9/23/2007 PCGS MS 63   Red Brown Goldberg September 23-26, 2007 Pre-Long Beach Coin and Currency Auction, 42/Lot# 2423 $690.00
5/30/2010 PCGS XF 40   Brown Bonhams Coins, Medals, and Banknotes, 18301/Lot# 1184 $321.00
5/20/2012 NGC VG 8   Brown Teletrade Auction 3279, 3279/Lot# 1047 $24.00
10/18/2012 PCGS MS 64   Red Heritage Auctions 2012 October 18-21 ANA US Coins Signature Auction - Dallas Session(1), 1175/Lot# 3182 $1,292.50
12/1/2013 PCGS VF 25   Brown GreatCollections GreatCollections Coin Auctions 12/01/2013, 103/Lot# 132965 $253.00
1/8/2014 NGC MS 66   Red Brown Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(1), 1201/Lot# 3414 $2,820.00
7/25/2014 NGC AU 58   Brown Stack's Bowers iAuction 3492, 6043/Lot# 22027 $464.13
1/7/2015 NGC MS 65   Red Brown Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(8), 1216/Lot# 9173 $1,410.00


NGC Registry

NGC Registry Score 1870 1C MS Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base2092723454345396657398098318478688849059259541193151521692500305136874417
23029637446958168976281683685487389191193410331300173322792683326339300
00000076281683685487389191193410331300173322792683326300
00000078582384186187889891894411131407195123892867347500
1870 1C MS Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base20927234543453966573980983184786888490597410211515205626314387521461527209
23029637446958168976281683685487389192898911851695224732164662552665040
00000076281683685487389192898911851695224732164662552600
000000785823841861878898951100513501875243938014938583900
1870 1C MS Red
 PrAgGVGFVF4045505355586061626364656667686970
Base209272345434539665739809831847868884905116615152169357952188938103251186413567
23029637446958168976281683685487389199212821733263941256458940010838124310
0000007628168368548738919921282173326394125645894001083800
00000078582384186187889810791398195131094671769898621135100
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