Monomoy 3





Coin Details

Origin/Country: UNITED STATES
Design Description: CENTS - INDIAN HEAD
Item Description: 1C 1859
Full Grade: NGC MS 65
Owner: CC Angler

Set Details

Custom Sets: This coin is not in any custom sets.
Competitive Sets: Monomoy 3   Score: 3185
Monomoy   Score: 3185
Monomoy 4   Score: 3185
Research: NGC Coin Explorer NGC Coin Price Guide

Owner Comments:

Mintage: 36,400,000
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Copper-Nickel

Appearing first as a series of pattern coins dated 1858, the new design which debuted in 1859 was well received by the public. More importantly, perhaps, is that it struck up better than the troublesome Eagle Cents. James B. Longacre had been careful to avoid placing the main design elements directly opposite one another on obverse and reverse, and this facilitated the smooth flow of planchet metal into the die cavities.
The production of cents was quite high in 1859, (Mintage: 36,400,000) as the Mint sought to fully retire the old coppers, as well as the assorted foreign coins that had been legal tender in the USA until 1857. The composition of this first-year issue is Copper-Nickel.
The wreath employed in 1859 was replaced for 1860, making this a one-year-only design.
This issue is common in all grades short of MS-65 which is the grade of this presented example. This example probably would have graded higher if not for the bag mark on the cheek on the obverse portrait.

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