Coin Specifications

Category: Indian Cents (1859-1909)
Mint: Philadelphia
Mintage: 852,500
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.
Link to this coin

1877 1C MS obverse 1877 1C MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

Though it had only the second lowest mintage in the Indian Head series, the 1877 cent is by far the rarest issue in terms of survivors. The few thousand persons who collected cents at the time simply purchased proofs and disregarded the rarity of currency pieces. Most examples existing today are heavily worn. Needless to say, fully red examples are extremely rare.

This date's low mintage was the result of economic depression combined with the success of the Treasury's redemption policy. Almost 10 million cents were returned to the Mint in 1877 as unneeded in commerce, and 9,821,500 of these were reissued in place of newly-struck pieces.

The rarity of this issue is even greater than its low mintage suggests, and some researchers have speculated that the published figure is in error. Reinforcing this notion is the fact that only two obverse dies for the date are known in combination with a single reverse. It would take a greater number of dies than this to produce 852,500 cents under the most ideal circumstances, and it may be that the published figure included some dated 1876 or even some reissued coins.

GRADE SUMMARY

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Price Guide

Last Updated: 9/9/2014

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

1877 1C MS Brown
  GVGFVF4045505355586061626364656667686970
Base $ 650 820 1170 1530 2310 2310 2790 2940 3300 3550 3750 3800 4175 5000 6100 7500 10100 - - - -
$ 2540 - - - - - - - - - - - - -
1877 1C MS Red Brown
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - 3450 3750 3850 4050 4800 5500 8900 13500 21500 - - - -
$ - - - - - - - - - 11900 - - - -
1877 1C MS Red
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - - 5250 5950 10550 31000 149500 - - - -
$ - - - - - - - - - - 50000 - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 2845
Low Grade: PrAg
Average Grade: VF
High Grade: 66


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
1/12/2015 XF 45  Brown Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(1), 1216/Lot# 3203
1/12/2015 UNC Details Brown Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(1), 1216/Lot# 3206
1/12/2015 MS 66  Red Brown Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(2), 1216/Lot# 4018
1/12/2015 F 12  Brown Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(8), 1216/Lot# 9179
1/12/2015 AU 55  Brown Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(1), 1216/Lot# 3205


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
10/3/2001 PCGS AU 50   Brown Heritage Auctions 2001 October Long Beach Signature Sale #271, 271/Lot# 5300 $1,610.00
5/31/2004 PCGS MS 64   Red Brown Goldberg May 31 - June 2, 2004 Pre-Long Beach Coin and Currency Auction, 25/Lot# 129 $5,520.00
8/21/2006 NGC MS 61   Brown David Lawrence Rare Coins Internet Auction # 101, 106/Lot# 9 $3,450.00
1/31/2010 PCGS AG 3   Brown Teletrade Auction 2805, 2805/Lot# 1017 $575.00
5/30/2010 PCGS VF 25   Brown Bonhams Coins, Medals, and Banknotes, 18301/Lot# 1187 $1,638.00
2/28/2012 NGC AU 50   Brown Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 1418 $1,035.00
3/8/2012 NGC Details VG Details  Heritage Auctions 2012 March 8-9 US Coin Signature Auction - New York Session(3), 1168/Lot# 7122 $419.75
9/9/2012 PCGS Genuine G   Brown GreatCollections GreatCollections Coin Auctions 09/09/2012, 39/Lot# 72601 $302.50


NGC Registry

NGC Registry Score 1877 1C MS Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base847102112191446170319922161231524292501260526712732279729803332441448315427639274798697
905108712941531179920482212235324532535262726912753285830973692455350295748675478850
0000002212235324532535262726912753285830973692455350295748675400
0000002263239124772570264927112775291932144053469252286070711600
1877 1C MS Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base903108412911527179420942270243125472622272827972921299430943984491465189817113011294514760
963115313691616189421522323246925722657275128382945302733904294544876171031111849135500
000000232324692572265727512838294530273390429454487617103111184900
000000237725082597269227742879296930603687460459838717108061239700
1877 1C MS Red
 PrAgGVGFVF4045505355586061626364656667686970
Base95911491367161318902202238425512671274828592930305834313683453473671075516889190912149924125
10221221144917051994226224392591269627852882297231823515396654788496127991762319893223740
0000002439259126962785288229723182351539665478849612799176231989300
0000002495263127222822290630153306359942506422962514844183572069600
Registry Image Gallery

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Related Articles

Counterfeit Detection: Deception Includes Condition

4/8/2010  — One common way that counterfeiters attempt to deceive is by faking wear or damage. This is shown by looking at recently submitted fakes of an 1877 Indian Cent and a 1901-S Barber Quarter.
View full article >


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