The 1886 Indian Head Cent is a very common coin in most grades, but collectors have the opportunity to choose between two major varieties. On Variety 1, the lowest feather of the Indian's headdress points to the IC of AMERICA. On Variety 2, the same feather points to the CA of AMERICA. Variety 1 is slightly more common than Variety 2, but not by much. The same is true of all of the designations: Brown, Red-Brown, and Red. In terms of Mint State grades, both varieties can be found with relative ease in grades up to MS-64. The Red-Brown designation is the most dominant one for both varieties. Red examples appear to be roughly five times more rare then Red-Browns. The best examples certified by PCGS top out at MS66RD.