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1887 INDIAN HEAD CENT

PCGS Nos: 2157, 2158, 2159, 2348, 2349, 2350

Mintage:

Circulation strikes: 45,223,523
Proofs: 2,960

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, Pennsylvania) below the bow of the wreath on the reverse

Notes:
The finest Uncirculated Brown examples graded by PCGS are 2 MS-65BN's.

The finest Uncirculated Red-Brown examples graded by PCGS are 12 MS-65RB's.

The finest Uncirculated Red examples graded by PCGS are 2 MS-67RD's.

The finest Proof Brown examples graded by PCGS are 8 PR-66BN's.

The finest Proof Red-Brown examples graded by PCGS are 5 PR-66RB's.

The finest Proof Red examples graded by PCGS are 2 PR-66RD's.

The finest Proof Cameo example graded by PCGS is a single PR-64CA
   

Recent appearances:
PCGS graded Proof 65 Red.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, lot 1130, illustrated, where it was described as follows: "…An outstanding coin with excellent mirrors and captivating eye appeal. The coin is nearly perfect and is possibly worthy of a higher grade. Presently only one coin is graded higher at PCGS. There are only 6 examples graded PR65RD. This is one of the top condition rarities of the series.  As with the 1886 Variety 2, this issue is usually rather pale in color when found full red. It would be interesting to know if this is due to a different alloy used or if the cause was some external procedure used at the Mint. Perhaps the cent planchets were washed in an acidic solution prior to striking. Regardless of the cause, the coins remain very difficult to find full red.", sold for $8,337.00

Proof-65 Red and Brown.  Heritage Numismatic Auctions, Inc.'s "Santa Clara Signature Sale", 11/2000:5117, $460.00

NGC Proof-65 Red and Brown.  Bowers & Merena Galleries' "The Cabinet of Lucien M. LaRiviere, Part II", March 15-17, 2001:1221,  $517.50

PCGS MS-65 Red.  Heritage 08/2000:6631, $1,736.50

NGC MS-67 Red.  Heritage May 31-June 2, 2001:7580, $690.00

PCGS MS-64, Red.  Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", 02/2001:1288, $460.00  From the Howard R. Newcomb collection of Indian Cents, purchased June 30, 1944 from J.G. Macallister

MS-60 plus Red and Brown.  Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", 10/2000:1417

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