Coin Specifications

Category: Indian Cents (1859-1909)
Mint: Philadelphia
Mintage: 36,400,000
Catalog: KM-87
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Copper-Nickel
Weight: 4.6700g
Diameter: 19mm
Edge: Plain
Numismatic specification data provided by Krause Publications NumisMaster.
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1859 1C MS obverse 1859 1C MS reverse

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Description & Analysis

The production of cents was quite high in 1859, as the Mint sought to fully retire the old coppers, as well as the assorted foreign coins that had been legal tender in the USA until 1857.

Appearing first as a series of pattern coins dated 1858, the new design which debuted in 1859 was well received by the public. More importantly, perhaps, is that it struck up better than the troublesome Eagle Cents. James B. Longacre had been careful to avoid placing the main design elements directly opposite one another on obverse and reverse, and this facilitated the smooth flow of planchet metal into the die cavities.

This issue is common in all grades short of MS-65, and it is especially popular with type collectors due to the fact that the wreath employed in 1859 was replaced for 1860, making this a one-year-only design. The wreath did, however, find a new life 15 years later on the copper-nickel three-cent piece.

Several die-punching varieties are known for this date, and the most popular ones have been included in The Cherrypickers' Guide to Rare Die Varieties. NGC recognized the three listed at left under its VarietyPlus Service.


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Price Guide

Last Updated: 5/9/2016

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

1859 1C MS
Base $ 14.00 18.00 25.00 45.00 110 180 200 230 240 280 340 510 800 1600 3700 8850 34500 - - -
$ - - - - 250 - 375 550 950 1850 4400 24500 - -

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Total Graded: 2211
Low Grade: PrAg
Average Grade: 60
High Grade: 67

Upcoming Auctions

A random selection of NGC coins is shown below.

Auction House
Sale / Lot
11/2/2016 MS 64   Stack's Bowers November 2016 Baltimore, 6151/Lot# 187
11/9/2016 MS 62   Stack's Bowers November 2016 Baltimore, 6151/Lot# 6386
11/9/2016 AU 58   Stack's Bowers November 2016 Baltimore, 6151/Lot# 6387

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
1/28/2008 NGC AU 55   David Lawrence Rare Coins Monday - Internet Auction # 216, 222/Lot# 19 $184.00
1/30/2011 PCGS MS 63   Goldberg January 30 - February 3, 2011 The Pre-Long Beach Coin and Currency Auction, 62/Lot# 1224 $368.00
1/29/2012 PCGS VF 35   Teletrade Auction 3215, 3215/Lot# 1032 $50.00
10/17/2012 PCGS AU 58   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 24091 $175.95
7/11/2013 NGC MS 63   Heritage Auctions 2013 July 11 - 14 US Coins Signature Auction - Orlando Session(5), 1187/Lot# 7212 $558.13
8/8/2013 PCGS MS 64   Heritage Auctions 2013 August 8 - 10 US Coins Signature Auction - Rosemont Session(1), 1188/Lot# 3083 $1,057.50
7/6/2014 NGC Details XF Details  GreatCollections GreatCollections Coin Auctions 07/06/2014, 188/Lot# 190244 $65.00
11/2/2014 NGC MS 62   Heritage Auctions Internet Coin Auction Session(2), 131445/Lot# 24239 $329.00
12/3/2015 NGC MS 63   Heritage Auctions 2015 December 3 - 6 Houston Money Show US Coins Signature Auction - Houston Session(4), 1227/Lot# 7079 $705.00

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