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Obverse of 1869 Indian Head Cent     Reverse of 1869 Indian Head Cent


1869 INDIAN HEAD CENT

PCGS Nos: 2094, 2095, 2096, 22994, 2295, 2296

Mintage:

Circulation strikes: 6,420,000
Proofs: est. 600

Designer: James B. Longacre

Diameter: 19 millimeters

Metal content:
Copper - 95%
Tin and Zinc - 5%

Weight: 3.11 grams

Edge: Plain

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

Notes:
The finest Uncirculated Brown examples graded by PCGS are 5 MS-65BN's.

The finest Uncirculated Red-Brown examples graded by PCGS are 3 MS-66RB's.

The finest Uncirculated Red examples graded by PCGS are 6 MS-66RD's.

The finest Proof Brown examples graded by PCGS are 8 PR-64BN's.

The finest Proof Red-Brown example graded by PCGS is a single PR-66RB.

The finest Proof Red examples graded by PCGS are 3 PR-66RD's.

The finest Proof Cameo examples graded by PCGS are 2 PRCA-66's.

Images courtesy of Ira & Larry Goldberg Coins & Collectibles, Inc.

Varieties:
Repunched Date 1869/186
Repunched Date 1869/1869
Repunched Date 1869/69
Overdate 1869/8 - Refuted

Significant examples:
PCGS graded Proof 66 Red.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, lot 1103, illustrated above, where it was described as follows: "…A stunning moderately deep mirror gem with a beautiful cameo contrast. Only a couple light contact marks hidden in the portrait keep this coin from a higher level. Many die polishing lines in the field may be mistaken for hairlines.

Many of the dates in the late 1860's and early 1870's are only found with moderately deep mirrors. The reason for this seems to be that the dies had been polished after they were hardened, which does not impart as deep a mirror as found on later dates. Additionally the reverse dies were normally held over and used for many years, being repolished many times throughout its life.", sold for $7,187.00

Recent appearances:
PCGS Proof-66 Red and Brown.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 200, illustrated, sold for $1,552.00

NGC Proof-65 Red and Brown.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 7621, not illustrated, sold for $661.25

NGC Proof-64 Red and Brown.  Ex - Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 6653, not illustrated, sold for $529.00

NGC graded MS-66 Red and Brown.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, lot 1104, illustrated, where it was described as follows: "…Fully struck with essentially flawless surfaces. This is a nearly full red example. This is one of the bolder repunched dates in the series. It is commonly collected in the regular date set.

There are many repunched dates known for this year, none of which have any clear claim to being the overdate - 1869/8. The 1869/8 overdate was discovered by Walter Breen in 1953 and widely publicized by dealers. Overdates like the 1858/7 and 1888/7 have always been included in the basic date set, increasing their demand in the process. In the late 1980's numismatists at the ANA showed that any real 1869/8 overdate should have dramatic repunching visible on the flag of the 1 as well. The reason is that the 1868 digit punch has a very different shape to the 1 than the 1869 issues. Old habits die hard, and collectors still search for the very elusive 1869/8.", sold for $2,645.00

NGC MS-66 Red and Brown.  Ex - Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part II", March 15-17, 2001, Lot 1171, sold for $1,265.00 

PCGS MS-66 Red and Brown.  Ex- Heritage Numismatic Auctions, Inc.'s "Long Beach Sale" October 5-7, 2000, Lot 5906, plated, sold for $2,357.50

NGC MS-66 Brown.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 7543, illustrated, sold for $948.75

MS-65 Red.  Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001:1232, illustrated, sold for $4,370.00

PCGS MS-65 Red.  Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001:1233, illustrated, sold for $5,520.00  From the Howard R. Newcomb collection of Indian Cents, purchased June 30, 1944 from J.G. Macallister

PCGS MS-65 Red.  Bowers & Merena Galleries' "The Lake Geneva Sale", June 28-29, 2001, Lot 144, "Snow-3, Doubled Die", illustrated, sold for $3,910.00

NGC MS-65, Red and Brown.  Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1234, illustrated, sold for $920.00

MS-65 Red and Brown.  Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", October 2-3, 2000, Lot 1410

ANACS MS-65 Red and Brown.  American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 195, "1869/69 Repunched 69, Snow-3d, FND-002, FS1-008.5, Rarity-6", illustrated, sold for $1,495.00

MS-65.  Ex - Superior Stamp & Coin's "Pre-Long Beach Sale", February 7-8, 2000, Lot 24, "Recut 9 in Date", sold for $833.75

ANACS MS-65 Brown.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 7542, "69/69", not illustrated, sold for $765.90

PCGS MS-64, Red.  Ex - Superior Galleries' "Pre-Long Beach Sale", October 1-3, 2000, Lot 4031, not illustrated, sold for $460.00

PCGS MS-64 Red.  Ex – American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 196, illustrated, sold for $2,300.00

NGC MS-64 Red.  Ex - Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 6604, not illustrated, sold for $632.50

PCGS MS-64 Red.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 7544, not illustrated, sold for $1,063.75

MS-64 Red and Brown.  Ex - Bowers & Merena Galleries' "The Lake Geneva Sale", June 28-29, 2001, Lot 145, not illustrated, sold for $977.50

MS-63 Red and Brown.  Ex - Heritage Numismatic Auctions, Inc.'s "Santa Clara Signature Sale", November 16-17, 2000, Lot 5077, not illustrated, sold for $862.50

NGC MS-63 Red and Brown.  Ex - Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part II", March 15-17, 2001, Lot 1170, sold for $437.00

MS-63 Red and Brown.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 5458, "69/69", not illustrated, sold for $517.50 

Choice Brilliant Uncirculated.  Ex- Stack's "The September Sale", September 12-13, 2000, Lot 120, sold for $977.50

PCGS MS-62 Brown.  Ex - Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 6603, not illustrated, sold for $345.00

PCGS MS-61 Brown.  Ex - Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 6602, not illustrated, sold for $322.00

ANACS MS-61 Brown.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 7541, not illustrated, sold for $369.15

MS-60 Red and Brown, Cleaned.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 5457, not illustrated, sold for $586.50

EF-45, 1869 over 9.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1231, illustrated, sold for $529.00

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