Coin Specifications

Category: Indian Cents (1859-1909)
Mint: Philadelphia
Mintage: 852,500
Catalog: KM-90a
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Bronze
Weight: 3.1100g
Diameter: 19mm
Edge: Plain
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1877 1C MS obverse 1877 1C MS reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

Though it had only the second lowest mintage in the Indian Head series, the 1877 cent is by far the rarest issue in terms of survivors. The few thousand persons who collected cents at the time simply purchased proofs and disregarded the rarity of currency pieces. Most examples existing today are heavily worn. Needless to say, fully red examples are extremely rare.

This date's low mintage was the result of economic depression combined with the success of the Treasury's redemption policy. Almost 10 million cents were returned to the Mint in 1877 as unneeded in commerce, and 9,821,500 of these were reissued in place of newly-struck pieces.

The rarity of this issue is even greater than its low mintage suggests, and some researchers have speculated that the published figure is in error. Reinforcing this notion is the fact that only two obverse dies for the date are known in combination with a single reverse. It would take a greater number of dies than this to produce 852,500 cents under the most ideal circumstances, and it may be that the published figure included some dated 1876 or even some reissued coins.

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.

1877 1C MS Brown
  GVGFVFXF505355586061626364656667686970
Base $ 600 840 1250 1700 2475 2850 3050 3500 4050 4350 4600 5250 5600 7850 11500 24000 - - - -
$ - - - - - - - - - - - - - -
1877 1C MS Red Brown
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - 3950 4400 4850 5150 5850 6700 10100 16800 35500 - - - -
$ - - - - - - - - - 11750 18450 - - -
1877 1C MS Red
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 6750 8250 13500 36500 167500 - - - -
$ - - - - - - - - - 24500 50000 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 3151
Low Grade: PrAg
Average Grade: VF
High Grade: 66


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/7/2004 NGC XF 45   Brown David Lawrence Rare Coins Internet-Only Auction #6, 10/Lot# 13 $1,840.00
12/21/2008 PCGS VG 8   Brown Teletrade Auction 2629, 2629/Lot# 1032 $891.25
5/30/2010 PCGS VF 25   Brown Bonhams Coins, Medals, and Banknotes, 18301/Lot# 1187 $1,638.00
1/30/2011 PCGS AU 53   Brown Goldberg January 30 - February 3, 2011 The Pre-Long Beach Coin and Currency Auction, 62/Lot# 1087 $2,645.00
2/22/2013 PCGS XF 45   Brown Stack's Bowers The March 2013 Baltimore Auction, 181/Lot# 1146 $2,467.50
7/11/2013 NGC VG 10   Brown Heritage Auctions 2013 July 11 - 14 US Coins Signature Auction - Orlando Session(5), 1187/Lot# 7238 $646.25
8/31/2014 PCGS AG 3   Brown GreatCollections GreatCollections Coin Auctions 08/31/2014, 189/Lot# 178029 $425.00
9/4/2014 NGC G 4   Brown Heritage Auctions 2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1209/Lot# 7080 $411.25
10/29/2014 PCGS Genuine Genuine   Brown Stack's Bowers November Baltimore 2014, 6039/Lot# 3353 $1,527.50


NGC Registry

NGC Registry Score 1877 1C MS Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base847132115941907223326712834298530803260342735063545363939524261481755635888622767998823
1005141216982016237927252884301731403316345335193576374340554446506656716001641874740
0000002884301731403316345335193576374340554446506656716001641800
0000002935304832003371348035323608384841584632531457806114660800
1877 1C MS Red Brown
 PrAgGVGFVF4045505355586061626364656667686970
Base9281434172420552399286130323191329133453467352537474016429051486248796083838823956112145
10971531183421702553291830853224330933863486359938374107457655156819810185309069104220
0000003085322433093386348635993837410745765515681981018530906900
0000003138325833273426350636733926419948625881738982428676931500
1877 1C MS Red
 PrAgGVGFVF4045505355586061626364656667686970
Base101515531861221225753060324034073512356936973758399141414694574790461389914537151971629520085
119416561978233327373120329634423531361237173836404143255045684710664141121475715563175580
00000032963442353136123717383640414325504568471066414112147571556300
00000033513477355036543738391340914510539679461228114324149771592900
Registry Image Gallery

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Related Articles

Counterfeit Detection: Deception Includes Condition

4/8/2010 — One common way that counterfeiters attempt to deceive is by faking wear or damage. This is shown by looking at recently submitted fakes of an 1877 Indian Cent and a 1901-S Barber Quarter.
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