The 1867 Repunched Date Indian Cent is one of the more popular varieties in the series. On this variety, the first date was punched into the die at an angle, with the right end higher than the left. Subsequently, the date was punched into the die in the normal, level position. The 1 is not doubled at all, the 8 is slighty doubled, and the 6 and the 7 show obvious evidence of doubling.
As the "Cherrypickers' Guide" noted, this variety "still can be cherrypicked. It is much easier to find in lower grades..." This is because the higher grade example fall under more intense scrutiny because of their higher value.
According to the PCGS Population Report, the 1867 Repunched date is common and represents approximately thirty percent of all 1867 Cents submitted. The majority of those graded thus far by PCGS are either MS63 or MS64. This variety is typically of the late state of the dies, which has soft (rather than crisp) details, Brown and Red-Brown examples are fairly plentiful; Red ones are not.