Jaime Hernandez: Shortly after production commenced for 1860 dated Indian cents, the Philadelphia Mint transitioned to a slightly modified design.
The newer design had the Indians bust redesigned, right beneath the neck. The base of the neck on the newer design is now thick and less pointier once compared to the old design. Therefore, the new modified design is referred to as a Rounded or Broad Bust design, while the old design is referred to as a Pointed Bust design.
The Pointed Bust design is possibly about 6 times scarcer than the rounded bust design based on the population report figures.
MS64: In MS64 grade this variety becomes somewhat scarce with possibly 100 to 150 examples in this grade available. The premiums are now much higher once compared to the old rounded bust design.
MS66: In MS66 grade they are seldom seen with possibly less than 10 examples available in this grade or higher.
MS67: This is the ultimate grade with only one known MS67 graded coin, with none being graded higher.
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