Coin Specifications

Category: Indian Cents (1859-1909)
Mint: Philadelphia
Mintage: 39,233,714
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Bronze
Weight: 3.1100g
Diameter: 19mm
Edge: Plain
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1864 BRONZE 1C MS obverse 1864 BRONZE 1C MS reverse
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Description & Analysis

A solution to the hoarding of cents during the Civil War was found by observing the success of commercially issued tokens of copper that circulated freely. On April 22, 1864 Congress authorized a cent of 95% copper and 5% tin and zinc to replace the useless copper-nickel cent.

With the coinage of gold and silver at the Philadelphia Mint already quite low, it was an easy matter to direct all of its resources to the mass production of bronze cents. Nearly 40 million were coined before year's end, most of these having the rounded bust tip of 1860-64 copper-nickel cents and lacking the designer's initial L.

Under such pressure, however, there were many die-punching errors both minor and major, as well as the overuse of dies which left them highly eroded. The resulting coins have blurry details and are not eye appealing in any grade. Fortunately, there appears to be a good supply of well struck Mint State examples, too. Enough 1864 bronze cents were preserved either by accident or design that this date is available even with full mint red color.

GRADE SUMMARY

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Price Guide

Last Updated: 10/1/2020

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

1864 BRONZE 1C MS BN
  GVGFVFXF505355586061626364656667686970
Base $ 16.50 24.00 38.00 55.00 65.00 90.00 92.00 95.00 105 120 130 150 165 225 380 500 1100 7500 - -
$ - - - - - - 135 160 175 250 410 575 - -
1864 BRONZE 1C MS RB
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 150 200 280 425 650 875 1700 - - -
$ - - - - - - - - - - 750 - - -
1864 BRONZE 1C MS RD
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 270 380 535 1000 3350 6900 - - -
$ - - - - - - - - - - - 3500 - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 1606
Low Grade: PrAg
Average Grade: 62
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: 6/8/2021 1864 BRONZE 1C MS BN
 PrAgGVGFVF4045505355586061626364656667686970Total
Base19431772616292427629042493118127812721--837
-----------------------
---------------33-----6
-----------------------
Total19431772616292427629042493118130842721--843
 2%5%2%1%3%2%3%3%3%7%11%0%3%11%14%15%10%3%0%0%-- 
1864 BRONZE 1C MS RB
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------113852202427041--636
-----------------------
--------------1-11----3
-----------------------
Total------------113862202437141--639
 ------------0%2%13%34%38%11%1%0%-- 
1864 BRONZE 1C MS RD
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------144255292---133
-----------------------
----------------121---4
-----------------------
Total-------------144256313---137
 -------------1%3%31%41%23%2%--- 

NGC Registry

NGC Registry Score 1864 BRONZE 1C MS BN
 PrAgGVGFVF4045505355586061626364656667686970
Base2837508916325527230432033635136638148952762091611381683181720502913
31416311419426128330932534135637141750255871999013201728189523383059
00000028330932534135637141750255871999013201728189500
000000293315331346361376453514589817106415011772197200
1864 BRONZE 1C MS RB
 PrAgGVGFVF4045505355586061626364656667686970
Base375067115201308330366384404420395437539705908127116092268254028373923
4156831442373153423723914094204094715947731029138418292359263931994119
0000003423723914094204094715947731029138418292359263900
0000003543783974154204235056508401150149620482449273800
1864 BRONZE 1C MS RD
 PrAgGVGFVF4045505355586061626364656667686970
Base4559811352373603814234454634774895025978651206183426144565484753227022
5066991692783673954304514684814935346869791415209432644659500558897373
0000003954304514684814935346869791415209432644659500500
00000040943845747248549856577610921625235439154753516400
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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.