1861 1C MS (PCGS# 2061)

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    4148
  • Grade:
    MS67 CAC
  • Price:
    $16,100.00
Lot Description
1861 1C MS67 PCGS. CAC. Potent cartwheel luster sweeps the light chestnut-tan surfaces. This Superb Gem appears virtually immaculate, even when inspected with a loupe, aside from a small gray spot beneath the upper right wreath end. The strike is exacting except for a few feather tips. Among the Civil War dates, the 1861 has the lowest mintage, since cents remained in circulation that year. Production was ramped up between 1862 and 1865 in an attempt to replace cents hoarded from circulation. An 1864 reduction in weight and change in alloy helped return Indian cents to commerce. Population: 10 in 67, 1 finer (11/11). Ex: Dallas Signature (Heritage, 11/2007), lot 83, which brought $9,200.
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