1861 1C MS68 PCGS
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1861 1C MS68 PCGS. The first small cents were struck in an alloy of 88% copper and 12% nickel, but the combination did not last long; after the two years of official Flying Eagle cent production came to an end, the replacement Indian cent design saw only five years of copper-nickel cent production and part of a sixth before the Mint made the change to a bronze alloy for the cent, mirroring developments among the cent-sized tokens created by private individuals during the Civil War. As of today (7/26), in the combined certified populations of NGC and PCGS, for the entire Indian cent series, there are only 15 coins graded as MS68 across all designations, eight certified by PCGS and seven at NGC. Of these, only three represent issues from the copper-nickel composition. When we previously offered this example, in 2003 and 2009, it was the only copper-nickel Indian cent in MS68. It was housed in a generation 3.1 green label PCGS holder. Today, it remains in that old green holder, and it remains the sole 1861 Indian cent at PCGS in MS68. However, PCGS now reports an 1862 coin in MS68 as well, and NGC reports its own 1861 in MS68; thus, the copper-nickel cent census in MS68 is now three coins, two of which are 1861s. But the current 1861 remains the OG MS68 copper-nickel cent, and one could easily argue that it remains a contender for the visually finest of the three copper-nickel cents in this lofty grade. Certainly it still commands its place at the top of the Condition Census of copper-nickel Indians, even if it must share that numeric pedestal with a couple rivals. Its appearance on the marketplace for the first time since 2009 presents an important opportunity for the series enthusiast. Pale mahogany surfaces with ample peach overtones complement occasional hints of lilac. The strike is bold, with all four diamonds on the ribbon plain, and the surfaces are absolutely smooth; to find any flaws, magnification is virtually a must. In sum, a ...
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