1857 1C Flying Eagle MS65

CERTIFICATION#: 10975568
PCGS#: 2016

Owner's Comments

1857 Flying Eagle Cent, graded MS-65. Simply outstanding! This coin has a full strike and breathtaking eye appeal. It is a gem in every respect. The color is an even light nickel color with just a light contact marks above the Eagle's left wing. The reverse is nearly mark free. A superb coin. Pop 166; 15 finer in 66. Ex:The "Chiro" Collection. Eagle Eye Photo Seal.

Expert Comments

Ron Guth: In 1857, the U.S. Mint produced two different Cents: the old-style Large Cent and a new, smaller cent with an eagle flying left across the obverse.  One of the motivating factors for the creation of the new "Small" Cent was the high price of copper.  Each new Small Cent required less than half the amount of copper than the Large Cent, yielding significant savings for the U.S. Treasury.

To introduce the new design, the Mint produced a then-record high 17,450,000 Flying Eagle Cents, making it the first Cent with a mintage over 10 million coins.  Because of public and collector interest, large quantities were saved, making it very easy to find an example today.  Mint State examples are quite common and are usually seen in MS-64 (and to a lesser degree in MS-63).  Gems are only slightly scarce, but in MS-66 the population drops precipitously.  As of July 2011, none have been graded finer then MS-66 by PCGS.

Diameter: 19.00 millimeters Designer: James Barton Longacre Edge: Plain
Mintage: 17,450,000 Weight: 4.70 grams Metal Content: 88% Copper, 12% Nickel
2
20
1
3
17
5
45+
200
50+
275
53+
310
55+
385
58+
440
62+
685
63+
1,250
65+
6,250
2

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 12,000 R-2.9 5 / 5 5 / 5
60 or Better 4,000 R-4.2 5 / 5 5 / 5
65 or Better 300 R-6.4 5 / 5 5 / 5

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade
1 MS66 PCGS grade
1 MS66 PCGS grade
1 MS66 PCGS grade  
1 MS66 PCGS grade