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: 8/13/2019

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 72.00 90.00 92.00 100.00 110 120 135 150 165 215 380 500 1100 7500 - -
$ - - - - - - 135 160 175 250 410 575 - -
1864 BRONZE 1C MS RB
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 155 205 280 425 650 875 1700 - - -
$ - - - - - - - - - - 750 - - -
1864 BRONZE 1C MS RD
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 270 390 520 1000 2000 6900 - - -
$ - - - - - - - - - - - 3500 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 1505
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: 11/19/2019 1864 BRONZE 1C MS BN
 PrAgGVGFVF4045505355586061626364656667686970Total
Base16401672313232224527742189105116782711--755
-----------------------
---------------23-----5
-----------------------
Total16401672313232224527742189105118812711--760
 2 %5 %2 %1 %3 %2 %3 %3 %3 %7 %10 %1 %3 %12 %14 %16 %11 %4 %0 %0 %-- 
1864 BRONZE 1C MS RB
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------111842102396941--619
-----------------------
--------------1-11----3
-----------------------
Total------------111852102407041--622
 ------------0 %2 %14 %34 %39 %11 %1 %0 %-- 
1864 BRONZE 1C MS RD
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------144155273---131
-----------------------
----------------12----3
-----------------------
Total-------------144156293---134
 -------------1 %3 %31 %42 %22 %2 %--- 

Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
11/27/2019 AU 58  Brown Heritage Auctions Tuesday & Wednesday US Coins Weekly Online Auction Session(1), 131948/Lot# 27016


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/27/2003 NGC MS 67   Red Brown Heritage Auctions 2003 February Long Beach Signature Sale #314, 314/Lot# 5188 $1,150.00
9/6/2004 PCGS MS 65   Red Goldberg September 6-7, 2004 Pre-Long Beach Coin Auction, 26/Lot# 203 $1,093.00
11/29/2007 NGC MS 66   Red David Lawrence Rare Coins Thursday - Internet Auction # 199, 205/Lot# 8020 $1,495.00
6/17/2010 NGC MS 65   Red Stack's Bowers The June 2010 Baltimore Auction, 41/Lot# 1045 $747.50
2/15/2011 NGC AU 55   Brown Teletrade Auction 3015, 3015/Lot# 1009 $73.00
1/3/2012 NGC MS 66   Brown Heritage Auctions 2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando Session(9), 1166/Lot# 9258 $373.75
9/12/2018 NGC MS 64   Red Heritage Auctions Internet Coin Auction Session(1), 131838/Lot# 25027 $576.00


NGC Registry

NGC Registry Score 1864 BRONZE 1C MS BN
 PrAgGVGFVF4045505355586061626364656667686970
Base2837508916325527230432033635136638148952762091611381683181720502913
31416311419426128330932534135637141750255871999013201728189523380
00000028330932534135637141750255871999013201728189500
000000293315331346361376453514589817106415011772197200
1864 BRONZE 1C MS RB
 PrAgGVGFVF4045505355586061626364656667686970
Base375067115201308330366384404420395437539705908127116092268254028373923
4156831442373153423723914094204094715947731029138418292359263931990
0000003423723914094204094715947731029138418292359263900
0000003543783974154204235056508401150149620482449273800
1864 BRONZE 1C MS RD
 PrAgGVGFVF4045505355586061626364656667686970
Base4559811352373603814234454634774895025978651206183426144565484753227022
5066991692783673954304514684814935346869791415209432644659500558890
0000003954304514684814935346869791415209432644659500500
00000040943845747248549856577610921625235439154753516400
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