1859 Shield Reverse 1C J-228 PCGS MS65 (PHOTO SEAL)

Availability: Out of stock

$5,250.00

SKU: a3265875


Gem Unc (12: 3,4,5). A very popular coin with the reverse of 1860. This is part of the short issue of December 1859. With a mintage of only 1,000 pieces, it is a super scarce date. Although listed in the pattern series, the quantity struck and format suggest that this is not a pattern, but a regular issue. Apparently none were put into circulation, as very few of this issue are worn. Perhaps a dealer bought the entire mintage soon after their production and sold them to collectors. This would have cost him about $10. They are now collected as part of the regular Indian cent set. Here is a very attractive MS65 in an old green holder, graded over 20 years ago.

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Details

Gem Unc (12: 3,4,5). A very popular coin with the reverse of 1860. This is part of the short issue of December 1859. With a mintage of only 1,000 pieces, it is a super scarce date. Although listed in the pattern series, the quantity struck and format suggest that this is not a pattern, but a regular issue. Apparently none were put into circulation, as very few of this issue are worn. Perhaps a dealer bought the entire mintage soon after their production and sold them to collectors. This would have cost him about $10. They are now collected as part of the regular Indian cent set. Here is a very attractive MS65 in an old green holder, graded over 20 years ago.

Additional Information

Grading Service PCGS
PCGS Coin Number 11932
Year of Issue 1859
Denomination Type Indian Cent
Numeric Denomination 1C
Grade MS65
PDS Grade Gem Unc (12: 3,4,5)
Designation No
Mint Location Philadelphia
Strike Type Business
Circulated/UnCirculated Uncirculated
Variety J-228
Country of Origin The United States of America
Grade Add On PHOTO_SEAL
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