Expert Comments

David Hall

The 1861 is the lowest mintage of the 1860-64 copper-nickel Indian cents. It is the rarest copper-nickel Indian cent in circulated grades and is marginally rarer than the others in mint state condition. But in Gem MS65 or better condition is it about as rare as the 1862, not quite as rare as the 1860 or 1863, and not nearly as rare as the 1864 (the rarest of the copper-nickel Indian cents in Gem condition). The 1861 owes its status as a rarer coin to its low mintage as in the 1950s and 1960s mintage was everything.

The 1861 is generally well struck. Gems often have exceptionally attractive frosty luster.                                                        

Diameter
19.00 millimeters
Designer
James Barton Longacre
Edge
Plain
Mintage
10100000
Weight
4.70 grams
Metal Content
88% Copper, 12% Nickel
Region
The United States of America
Pop Higher
388
Pop Lower
1129
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

Grades
65 or Better 5000 R-4.0 2 / 6 2 / 7
All Grades 1500 R-4.8 2 / 6 2 / 7
60 or Better 350 R-6.3 5 / 6 6 / 7

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS68 PCGS grade

Heritage 1/2003:4415, $54,625 - Heritage 4/2009:2065, $63,250

2 MS67 PCGS grade  
	PCGS #2061 (MS) 67

Heritage 1/2006:709, $7,475.00 - Bowers & Merena 11/2007:???

2 MS67 PCGS grade MS67 PCGS grade

Heritage 11/2007:83, $9,200 - Heritage 1/2012:4148, $16,100 - High Desert Collection [Mike Chipman] (PCGS Set Registry)

2 MS67 PCGS grade

Heritage 9/2009:90, $9,200.00 - Heritage 5/2015:98053, $15,275.00

2 MS67 PCGS grade

Heritage 10/2014:4612, $14,100