1877 20C (Proof)

Series: Liberty Seated Twenty Cents 1875-1878

PCGS PR66+

PCGS PR66+

PCGS PR66

PCGS PR66

PCGS PR66

PCGS PR66

PCGS #:
5305
Designer:
William Barber
Edge:
Plain
Diameter:
22.00 millimeters
Weight:
5.00 grams
Mintage:
350
Mint:
Philadelphia
Metal:
90% Silver, 10% Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
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
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 400 R-6.2 1 / 4 1 / 4
60 or Better 375 R-6.2 1 / 4 1 / 4
65 or Better 48 R-8.5 2 / 4 TIE 2 / 4 TIE
Survival Estimate
All Grades 400
60 or Better 375
65 or Better 48
Numismatic Rarity
All Grades R-6.2
60 or Better R-6.2
65 or Better R-8.5
Relative Rarity By Type All Specs in this Type
All Grades 1 / 4
60 or Better 1 / 4
65 or Better 2 / 4 TIE
Relative Rarity By Series All Specs in this Series
All Grades 1 / 4
60 or Better 1 / 4
65 or Better 2 / 4 TIE

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 PR66 PCGS grade

Legend Rare Coin Auctions 12/2014:137, $23,500

1 PR66 PCGS grade

1994 Collection - Legend Rare Coin Auctions 7/2017:37, $39,950

1 PR66 PCGS grade
1 PR66 PCGS grade PR66 PCGS grade
1 PR66 PCGS grade Heritage 9/2007:1150, $19,550
1 PR66 PCGS grade
1 PR66 PCGS grade
1 PR66 PCGS grade
1 PR66 PCGS grade
1 PR66 PCGS grade
#1 PR66 PCGS grade

Legend Rare Coin Auctions 12/2014:137, $23,500

#1 PR66 PCGS grade

1994 Collection - Legend Rare Coin Auctions 7/2017:37, $39,950

#1 PR66 PCGS grade
PR66 PCGS grade #1 PR66 PCGS grade
#1 PR66 PCGS grade
Heritage 9/2007:1150, $19,550
#1 PR66 PCGS grade
#1 PR66 PCGS grade
#1 PR66 PCGS grade
#1 PR66 PCGS grade
#1 PR66 PCGS grade
Ron Guth:

By 1877, the failure of the Twenty-Cent piece had become evident, and the Mint quit making the coins for circulation. However, collectors could still acquire Proofs from the Mint, at a small premium over their face value. Demand for Proofs was even lower than in the previous year (by more than half), and, in fact, the mintage of the Proof 1877 Twenty-Cent piece is the lowest of any date in the series with the exception of the rare, branch-mint 1875-S Proof.

Alone, PCGS has certified 60% of the original mintage, doubtless with some duplications, but the high percentage reveals some interesting information about the quality of the survivors. The most common grade is PR-63, followed by PR-64, indicating that collectors were not particularly careful with protecting their Proofs. Gems are very scarce, and none have been certified finer than PR66 by PCGS -- in any format. Non-Cameo Proofs make up the bulk of the surviving population. Approximately 20% of the survivors are Cameos, and only two examples have earned the Deep Cameo designation.

All in all, the Proof 1877 Twenty-Cent piece in Proof is a great coin for a several reasons: it's a Proof-only issue, the mintage is low, it's an unusual and popular denomination, and it's hard to find in top condition.