Estimated grade. Sold by B. Max Mehl Jun '41 price realized $10.85
This is the second year in which the Mint struck Indian Cents. Despite its reported mintage of 1,000 coins struck, there are probably much less in existence. Possibly around 200-300 examples survive in all grades combined. Most examples that still survive appear to be in PR64 condition. In PR65 condition they are difficult to obtain with about 50 examples known. In PR66 condition they are very scarce with less than a handful of examples known with none existing in any higher grade.