Coin Specifications

Category: Indian Cents (1859-1909)
Mint: Philadelphia
Mintage: 10,100,000
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Copper-Nickel
Weight: 4.6700g
Diameter: 19mm
Edge: Plain
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1861 1C MS obverse 1861 1C MS reverse
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Description & Analysis

The mintage of cents fell to just over 10 million pieces in 1861, making this date the scarcest issue of the short-lived copper-nickel Indian Cent series. The huge number of small cents coined 1857-59 was sufficient to fill the market demand, and this accounts for the relatively low production in 1861.

The 1861 cent is not a truly rare coin, even in Mint State, due to an unusual situation that developed the following year. With the onset of the Civil War gold and silver coins were hoarded, and this practice ultimately spread to the humble cent. Many 1861 cents thus never had the chance to become worn.

This date is not notable for many varieties, due to the smaller number of dies used, but the repunched date listed at left is a popular one.

GRADE SUMMARY

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Price Guide

Last Updated: 8/16/2019

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

1861 1C MS
  GVGFVFXF505355586061626364656667686970
Base $ 28.50 34.00 55.00 65.00 100.00 155 170 180 200 225 250 275 360 670 1550 3000 14500 66500 - -
$ - - 175 190 210 - 260 315 450 850 1800 4500 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 1326
Low Grade: PrAg
Average Grade: 60
High Grade: 68

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 11/12/2019 1861 1C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base11018141254861283481932401381532921424141--1326
-----------------4----4
--------------1411----7
-----------------------
Total11018141254861283481932401381542961434641--1337
 0 %1 %1 %1 %9 %4 %5 %2 %3 %6 %7 %0 %3 %10 %12 %22 %11 %3 %0 %0 %-- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
10/16/1996 NGC MS 64   Teletrade Auction 0885, 885/Lot# 1025 $196.20
9/18/2006 NGC MS 64   Heritage Auctions 2006 September Long Beach Online Session #417, 417/Lot# 8273 $299.00
11/17/2008 NGC MS 65   David Lawrence Rare Coins Monday - Internet Auction # 301, 307/Lot# 87 $897.00
5/27/2012 NGC MS 66   Goldberg May 27-31, 2012 The May Pre-Long Beach Auction, 69/Lot# 1023 $1,553.00
2/24/2013 PCGS MS 65   GreatCollections GreatCollections Coin Auctions 02/24/2013, 63/Lot# 97481 $935.00
11/7/2014 NGC XF 40   Stack's Bowers iAuction 3507, 6061/Lot# 23035 $64.63
11/14/2014 NGC XF 45   Stack's Bowers iAuction 3508, 6062/Lot# 20027 $76.38
9/7/2017 PCGS MS 64   Heritage Auctions 2017 September 7 - 10 Long Beach Expo US Coins Signature Auction - Long Beach Session(5), 1259/Lot# 7079 $528.00
12/13/2018 PCGS MS 65   Heritage Auctions 2018 December 13-14 US Coins Signature Auction Session(1), 1282/Lot# 3059 $1,170.00


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