Coin Specifications

Category: Indian Cents (1859-1909)
Mint: Philadelphia
Mintage: 20,566,000
Catalog: KM-90
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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1860 1C MS obverse 1860 1C MS reverse


  
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Description & Analysis

By 1860 the Mint's program of retiring the old copper cents and half cents was largely complete, and merchants began to complain about a redundancy of the new small cents. These coins were not redeemable at the Treasury, so the existing stock forced a reduction in the number minted for 1860.

A mintage of 20+ million coins was still fairly large for the times, so this issue is not rare in any grade short of MS-65. Most examples are well struck and have pleasing luster.

A major variety for this date displays the old style bust used in 1859, with a pointed tip to Liberty's bust (photos). Just a few working dies were hubbed from this bust before a new one was adopted having a rounded tip, and the majority of 1860 cents have the rounded bust.

GRADE SUMMARY

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Price Guide

Last Updated: 5/9/2016

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

1860 1C MS
  GVGFVFXF505355586061626364656667686970
Base $ 12.00 15.00 21.00 35.00 70.00 100.00 110 135 175 190 225 260 340 550 1400 3650 19500 - - -
$ - - 115 145 180 - 235 280 385 750 1800 4900 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 1455
Low Grade: PrAg
Average Grade: 61
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
10/4/2016 MS 62   Heritage Auctions Internet Coin Auction Session(1), 131640/Lot# 21020


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/10/2008 NGC MS 65   Goldberg February 10-13, 2008 Pre-Long Beach Coin and Currency Auction, 44/Lot# 1759 $718.75
4/17/2008 NGC MS 65   David Lawrence Rare Coins Thursday - Internet Auction # 239, 245/Lot# 8067 $931.50
5/15/2011 PCGS AU 58   Teletrade Auction 3066, 3066/Lot# 1021 $207.00
10/27/2013 NGC MS 63   GreatCollections GreatCollections Coin Auctions 10/27/2013, 98/Lot# 143864 $533.50
9/5/2014 NGC MS 62   Stack's Bowers iAuction 3498, 6052/Lot# 20019 $164.50
10/29/2014 PCGS MS 64   Stack's Bowers November Baltimore 2014, 6039/Lot# 3342 $1,410.00
6/26/2016 NGC MS 63   Heritage Auctions Internet Coin Auction Session(2), 131627/Lot# 21540 $258.50
8/10/2016 PCGS MS 64   Heritage Auctions 2016 August 10 - 14 ANA US Coins Signature Auction - Anaheim Session(6), 1238/Lot# 7078 $646.25


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