Description and Analysis
1872 1C MS
Description & Analysis
The 1872 cent has the fifth lowest mintage in the popular Indian Head series and is thus a very scarce coin across all grades. It is a true rarity in fully red Mint State.
The redemption law passed in 1871 returned countless copper-nickel and bronze cents to the Treasury and limited production of cents solely to replacement pieces and those needed for customers who demanded new pieces. This quaint custom fell by the wayside generations ago, but it was still observed in 1872.
Several die-punching varieties are noted for this date, but its overall rarity limits the amount of premium they command. One particularly popular and rare variety is that having the old Reverse of 1869 with its shallow N in ONE.