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1878 INDIAN HEAD CENT

PCGS Nos: 2130, 2131, 2132, 2321, 2322, 2323

Mintage:

Circulation strikes: 5,797,500
Proofs: 2,350

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 example graded by PCGS is a single MS-65BN.

The finest Uncirculated Red-Brown examples graded by PCGS are 52 MS-65RB's.

The finest Uncirculated Red example graded by PCGS is a single MS-67RD.

The finest Proof Brown examples graded by PCGS are 2 PR-65BN's.

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

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

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

Recent appearances:
Proof-66 Red and Brown.  Ex - Bowers and Merena Galleries' Robert W. Schwan Collection Sale, October 26-27, 2000, Lot 327, sold for $253.00  From the Sussex Collection, June 1990, Lot 354

PCGS graded Proof 65 Red.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, lot 1116, illustrated, where it was described as follows: "…This is a very attractive example with moderately deep mirrors and outstanding surfaces. Starting in 1878 many things changed at the Mint. Proof production of minor coinage increased to two to three times the previous year's mintage. The actual mintage of minor proofs were now recorded with accuracy. The Mint's minor coin production was based more on expected demand than actual demand. The many unsold examples were sold in bulk to local coin dealers at or near face value. Also starting this year planchet production for minor coinage was shifted from the Mint to outside sources. The quality of proof coinage improved.", sold for $977.00

PCGS Proof-65 Red.  Ex - Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 6662, not illustrated, sold for $1,063.75

ANACS Proof-65 Red and Brown.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 7628, not illustrated, sold for $431.25

PCGS Proof-65 Red and Brown.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 221, not illustrated, sold for $311.00

ANACS Proof-64 Red.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 7629, not illustrated, sold for $460.00

NGC Proof-63 Red and Brown.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 222, not illustrated, sold for $195.00

PCGS Proof-63 Red and Brown.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 223, not illustrated, sold for $195.00

Proof-61 Brown, Cleaned, Artificial Toning.  Ex - Heritage Numismatic Auctions, Inc.'s "Santa Clara Signature Sale", November 16-17, 2000, Lot 5110, not illustrated, sold for $103.50

Proof 60, cleaned.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1268, not illustrated, sold for $161.00

Choice Brilliant Proof.  Ex- Stack's "The September Sale", September 12-13, 2000, Lot 137, sold for $126.50

PCGS MS-67 Red.  Stack's 09/2000:136, $13,800.00

NGC MS-65 Red and Brown.  American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 209, "Misplaced Digits, 78 in dentils, Snow-2, FND-002, FS1-009.4, Rarity-unassigned", illustrated, unsold

PCGS MS-64, Red.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1269, illustrated, sold for $1,265.00  From the Howard R. Newcomb collection of Indian Cents, purchased June 30, 1944 from J.G. Macallister

PCGS MS-64 Red-Brown.  Ex – American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 208, "Repunched 8, Snow-1, FND-001, Rarity-unassigned", illustrated, sold for $552.00

NGC MS-63 Red and Brown.  Ex - Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 6622, not illustrated, sold for $253.00

MS-63 Red and Brown.  Ex - Heritage Numismatic Auctions, Inc.'s "Santa Clara Signature Sale", November 16-17, 2000, Lot 5090, not illustrated, sold for $575.00

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