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Obverse of 1859 Small Cent     Reverse of 1859 Small Cent


1859 ONE CENT

PCGS Nos: 2052, 2247

Mintage:

Circulation strikes: 36,400,000
Proofs: est. 800

Designer: James B. Longacre

Diameter: 19 millimeters

Metal content:
Copper - 88%
Nickel - 12%

Weight: 72 grains (4.67 grams)

Edge: Plain

Mintmark: None (for Philadelphia) below the bow of the wreath on the reverse

Notes:
The finest Uncirculated examples graded by PCGS are 12 MS-66's.

The finest Proof example graded by PCGS is a single PR-67.

The finest Proof Cameo example graded by PCGS is a single PRCA-66.

Images courtesy of Superior Galleries

Varieties:
Repunched Date 1859/1859
Double-headed Mule

Significant examples:
NGC PR-66 (illustrated above).  From Superior Galleries' "Pre-Long Beach Sale", June 5-7, 2000, Lot 1013, where it was described as follows:
"NGC PR66 Desirable one-year Type and in spectacular gem grade. The coin is attractively toned and spot-free; the strike sharp and thus blends nicely with the sleek mirror field. One of only 800 Proofs this year, some of which, it is reported, were later melted at the mint as unsold."

PCGS graded Proof 66.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, lot 1083, illustrated, where it was described as follows: "…An outstanding deep mirror example with exquisite surfaces and wonderful eye appeal. Essentially perfect as per the qualifications for the grade. Popular and important as a one year type design featuring Longacre's Indian head design and a simple reverse design featuring a Laurel wreath reverse around the denomination, "ONE CENT". However, the obverse portrait is actually "Lady Liberty", a Caucasian representation of Liberty borrowed from the Three Dollar design of 1854. She is wearing a headdress of a Native American of the Chippewa tribe. The reverse is actually an olive wreath, although the laurel wreath description is somewhat accurate as their leaves are visually similar.", sold for $7,475.00

ANACS MS-60.  Ex - Superior Galleries' "Pre-Long Beach Sale", October 1-3, 2000, Lot 4017A, "Only known two-headed mule",  illustrated, sold for $33,350.00

Recent appearances:
NGC Proof-66.  Ex - Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 6647, illustrated, sold for $5,635.00

PCGS Proof 64.  Ex - Superior Galleries' "Pre-Long Beach Sale", October 1-3, 2000, Lot 4016, illustrated, sold for $2,415.00

NGC Proof-64.  Ex - Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part II", March 15-17, 2001:1120, unsold

PCGS Proof-64.  Ex - Bowers & Merena Galleries' "The Rarities Sale", January 3, 2001, Lot 52, illustrated, not sold

NGC MS-66.  Ex - Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part II", March 15-17, 2001, Lot 1121, sold for $3,680.00

PCGS MS-65.  Ex – American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 155, "1859 Repunched 185, Snow-2, FND-002, FS1-006.3, Rarity-6", $3,680.00

PCGS MS-65.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1188, illustrated, sold for $2,530.00   From the Howard R. Newcomb collection of Indian Cents, purchased June 30, 1944 from J.G. Macallister

NGC graded MS-65.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, lot 1084, illustrated, where it was described as follows: "Snow-1, Breen-1945, FND-001, FS-006.2…A very rare and dramatic repunched date, one of the top varieties in the entire Indian Cent series. All four digits are plainly visible repunched to the southwest. This is the finest known example, the only MS-65 known. The current condition census, by Jerry Wysong of the Fly-In Club, shows this MS65, a MS64 and one in the MS-60-62 range, the rest of the 26 reported examples being circulated to some extent. The Cherrypicker's Guide, by J.T. Stanton and Bill Fivaz prices this coin at $10,000. This price is many years old and represents the last wholesale transaction of this coin.

This coin is fully struck with outstanding luster. There are no major marks to speak of. A few light scattered contact marks are seen, but these do not detract from the overall beauty of the coin.

The collecting of Indian cent varieties is still very much in its infancy. Top examples of the most popular varieties are finding enormous demand.", sold for $12,075.00

NGC MS-65.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1189, illustrated, sold for $1,840.00

NGC MS-65.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1190, illustrated, sold for $1,782.00

PCGS MS-65.  Ex- Heritage Numismatic Auctions, Inc.'s "Long Beach Sale" October 5-7, 2000, Lot 5898, plated, sold for $3,335.00

PCGS MS-65.  Ex - Bowers and Merena Galleries' Robert W. Schwan Collection Sale, October 26-27, 2000, Lot 315, sold for $2,185.00

PCGS MS-65.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 7518, illustrated, sold for $2,070.00 Ex Newcomb 

PCGS MS-64, Choice Brilliant Uncirculated, nearly a Gem example.  Ex - Stack's "65th Anniversary Sale", October 17-19, 2000, Lot 101, "Snow-2", plated, sold for $575.00

NGC MS-64.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1191, not illustrated, sold for $747.00

NGC MS-64.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1192, illustrated, sold for $747.00

PCGS MS-64.  Ex- Heritage Numismatic Auctions, Inc.'s "Long Beach Sale" October 5-7, 2000, Lot 5897, not plated, sold for $833.75

NGC MS-64.  Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 6587, not illustrated, sold for $1,322.50

NGC MS-64.  Bowers and Merena Galleries' Robert W. Schwan Collection Sale, October 26-27, 2000, Lot 316, sold for $632.50

MS-64.  Heritage Numismatic Auctions, Inc.'s "Santa Clara Signature Sale", November 16-17, 2000, Lot 5062, not illustrated, sold for $690.00

NGC MS-64.  Ex - Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part II", March 15-17, 2001, Lot 1122, sold for $805.00

MS-64.  Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part II", March 15-17, 2001, Lot 1123, $632.50

NGC MS-64.  Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 7517, $603.75

NGC MS-63.  Ex – American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 156, "1859 Repunched Date, Snow-3, FND-003, Rarity-7", illustrated, sold for $575.00

PCGS MS-63.  Superior Galleries' "Pre-Long Beach Sale", October 1-3, 2000, Lot 4017, $373.75

ANACS MS-63.  Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 6586, n$322.00

PCGS MS-63.  Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part III", May 21, 2001, Lot 1349, $460.00

MS-63.  Bowers & Merena Galleries' "The Lake Geneva Sale", June 28-29, 2001, Lot 135, $506.00

Choice Brilliant Uncirculated.  Stack's "The September Sale", September 12-13, 2000, Lot 107, $575.00

Choice Brilliant Uncirculated.  Stack's "The Marvin Taichert Collection of U.S. Type Coins", May 9, 2001, Lot 84, plated, sold for $1,610.00  Ex Stack's sale of January 27, 1967, lot 132

NGC MS-62.  Ex – American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 154, "1859 Repunched Date, Snow-1, FND-001, FS1-006.2, Rarity-8", illustrated, sold for $2,760.00

PCGS MS-62.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1193, "Doubled Date, Snow-1, Breen-1945, FND-001, FS-006.2", illustrated, sold for $1,955.00

Sources and/or recommended reading:
"The PCGS Population Report, October 2003" by The Professional Coin Grading Service

"Flying Eagle and Indian Cent Varieties" by Larry R. Steve and Kevin J. Flynn