1860 1C

1861 1C

1860 1C Pointed Bust (Regular Strike)

Series: Indian Cents 1859-1909

PCGS MS67+

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OBVERSE COMPARISON

PCGS MS67

PCGS #:: 2056

Designer:: James Barton Longacre

Edge:: Plain

Diameter:: 19.00 millimeters

Weight:: 4.70 grams

Mintage:: 20,566,000

Mint:: Philadelphia

Metal:: 88% Copper, 12% Nickel

Auction Record:: $32,900 • MS67 • 02-27-2014 • Heritage Auctions

ShowHide Related Coins and Varieties (3)

Major Varieties

1860 1C
1860 1C Pointed Bust

Die Varieties

1860 1C Pointed Bust FS-401

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Price Guide (USD)

PCGS Population

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For Sale Now at Collectors Corner - PCGS Graded

For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	1,200	R-4.9	1 / 6	1 / 7
60 or Better	325	R-6.3	1 / 6	1 / 7
65 or Better	50	R-8.5	1 / 6	1 / 7

Survival Estimate
All Grades	1,200
60 or Better	325
65 or Better	50

Numismatic Rarity
All Grades	R-4.9
60 or Better	R-6.3
65 or Better	R-8.5

Relative Rarity By Type All Specs in this Type
All Grades	1 / 6
60 or Better	1 / 6
65 or Better	1 / 6

Relative Rarity By Series All Specs in this Series
All Grades	1 / 7
60 or Better	1 / 7
65 or Better	1 / 7

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	MS67 PCGS grade	High Desert Collection
1	MS67 PCGS grade
3	MS66+ PCGS grade
3	MS66+ PCGS grade
5	MS66 PCGS grade
5	MS66 PCGS grade
5	MS66 PCGS grade
5	MS66 PCGS grade
5	MS66 PCGS grade
5	MS66 PCGS grade

#1 MS67 PCGS grade

High Desert Collection

#1 MS67 PCGS grade

#3 MS66+ PCGS grade

#5 MS66 PCGS grade

Jaime Hernandez:

Shortly after production commenced for1860 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 if 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 or the original design is much scarcer than the new rounded bust design. The Pointed Bust design is possibly about 6 times scarcer than the rounded bust design based on the population report figures.

Circulated Grades: In circulated grades 1860 Pointed Bust cents can be found without much trouble and can be purchased for a small premium over broad struck examples.

MS60 - MS63: In MS60 to MS63 grades they are considered scarce with about 150 examples or so being available within these grades. The premiums are still slightly higher than for rounded struck examples.

MS64: In MS64 grade the 1860 Pointed Bust cents become 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.

MS65: In MS65 they are scarce with possibly less than 50 examples being available in this grade.

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.

Ron Guth:

The 1860 Pointed Bust Cent design is a continuation of the same style used in 1859. Later in 1860, the tip of the bust became more rounded in appearance. The total mintage of the 1860 Pointed Bust Cent is unknown, but researcher Rick Snow identified seven different Pointed Bust obverse dies as of 2014 and he estimated that only 5% of the original mintage of 1860 Cents consisted of Pointed Busts. Where this was just an obscure variety decades ago, it is now considered a major part of the Indian Head Cent series.

Mint State Pointed Bust 1860 Cents are readily available in grades from MS63 to MS65. Above MS66, the Pointed Bust 1860 Cent becomes a true, condition-rarity, with only a couple of pieces known in MS67.