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1903 INDIAN HEAD CENT

PCGS Nos: 2214, 2215, 2216, 2396, 2397, 2398

Mintage:

Circulation strikes: 85,092,703
Proofs: 1,790

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

Significant examples:
The First Cent coined in the United States Mint in Philadelphia on January 2, 1903.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1320, illustrated, sold for $4,600.00  Mounted in a custom frame with a photograph of a native American chief.  Below is a small card which states, 'First cent coined/in U.S. Mint/ Phila, Pa./ Jan 2, 1903.' and signed Rhine R. Freed/ Coiner.  This coin was originally in the collection of Wayte Raymond, the famous American dealer.

Recent appearances:
"Proof-65 Red".  Ex - Bowers and Merena Galleries "The Rarities Sale", July 31, 2002, Lot 60, illustrated, sold for $575.00

PCGS Proof-64 Red.  Ex - Superior Galleries "The ANA 2001 National Money Show Auction", March 8-9, 2001, Lot 56 sold for $299.00

Proof-63 Red and Brown.  Ex - Ira & Larry Goldberg Coin & Collectibles' "The Fairchild Family Trust Collection Sale", May 28-30, 2001, Lot 284, not illustrated, sold for $121.00

Brilliant Proof.  Ex- Stack's "The September Sale", September 12-13, 2000, Lot 176 @$218.50

MS-66 Red.  Ex - Superior Galleries' "Pre-Long Beach Sale", October 1-3, 2000, Lot 4093, not illustrated, sold for $230.00

NGC MS-66 Red.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 7600, not illustrated, sold for $517.50

NGC MS-66 Red.  Ex - Heritage Numismatic Auctions, Inc.'s "Long Beach Signature Sale", May 31-June 2, 2001, Lot 7601, not illustrated, sold for $351.90

PCGS MS-65, Red.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1318, not illustrated, sold for $1,897.00  From the Howard R. Newcomb collection of Indian Cents, purchased June 30, 1944 from J.G. Macallister

PCGS Fine-15, Double Struck with 2 Dates!  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 1319, illustrated, sold for $1,035.00  The first strike was perfectly centered, and before the coin was fully ejected, the dies struck it again, this time 85% off-center

Notes:
The finest Uncirculated Brown example graded by PCGS is a single MS-65BN.

The finest Uncirculated Red-Brown examples graded by PCGS are 2 MS-66RB's.

The finest Uncirculated Red examples graded by PCGS are 4 MS-67RD's.

The finest Proof Brown examples graded by PCGS are 4 PR-64BN's.

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

The finest Proof Red examples graded by PCGS are 8 PR-67RD's.

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