FREE: 1864 Indian Head Cent Copper/Nickel Nice Coin

The listing, 1864 Indian Head Cent Copper/Nickel Nice Coin has ended.

I realize that grading is subjective so Please view photos and judge condition for yourself as this is the actual coin you will receive.
1864 marked another year that the Civil War continued raging through out the United States. What did not continue, however, was the copper-nickel alloy that was used to strike the cent since the introduction of the new type in 1857. During the previous year, the Mint had struck an experimental piece in a Bronze alloy for the first time. This piece, Judd-299 led to the adaption of the bronze cent later in the year.

The first few months, cent production continued where it had left during the previous year. Although the Civil War had ceased all federal coinage to circulate, production was high again. During the five months the 1864 copper-nickel cents was produced (January to May) a total of 13,740,000 cents were made, on par with the previous Civil War years. As before, many were bought by investors who offered them to the public for a premium. Even with rising copper prices following the Civil War however, melting never became profitable, and many were preserved in uncirculated condition.

As the mintage of this issue was pretty low due to being abandoned after five months, pieces are scarcer than those of the previous years. It is estimated that a total of 6,000 pieces exist in all uncirculated grades, seldom finer than MS-65 or gem. In MS-66, this becomes a rare issue and less than a handful pieces have been graded MS-67, a rarity for every issue in this series as well.

Geo: United States
Coinage Type: Circulation Coinage
Denomination: Cent
Year: 1864
Coin Name: Indian Head Cent
U.S. Mint: Mint Location Philadelphia
Obverse DescriptionIndian: head with headdress left above date
Reverse Description: Value within wreath, shield above
Obverse Legend: UNITED STATES OF AMERICA
Diameter: (mm.)19

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