1863 1C (Regular Strike)

**1863 1C (Regular Strike) Indian Head Cent: A Numismatist's Perspective** The 1863 Indian Head Cent holds a significant place in American numismatic history due to its Civil War-era origin. The coin was struck at the Philadelphia Mint and is notable for several reasons, including its composition and its depiction of Liberty in a Native American headdress, which was designed by James Barton Longacre. This coin is part of the Indian Head Cent series that spanned from 1859 to 1909. **Mintage and Rarity** In 1863, a substantial mintage of 49,840,000 Indian Head Cents was produced, reflecting the need for small change during the Civil War period. However, despite the high mintage, these coins are quite popular among collectors, partially due to their historical significance and the era they represent. The copper-nickel composition (88% copper and 12% nickel) gives the coin a distinct appearance and adds to its desirability. **Numismatic Value** The value of the 1863 Indian Head Cent can vary significantly based on condition, with uncirculated specimens commanding higher prices. In recent years, fluctuating market demands and auction results have shown values ranging from $20 for well-circulated conditions to upwards of $500 or more for coins in mint state condition (MS65 or above). Notable sales include coins fetched at auction prices reflecting this range dependent on their PCGS grade. **PCGS Certification and Identification** According to PCGS CoinFacts, the 1863 Indian Head Cent has been designated with the PCGS #2078. Certified coins by PCGS often achieve higher sale values due to the credibility of the grade assigned, ensuring authenticity and providing confidence to buyers. **Historical Context** The introduction of the Indian Head design in 1859 mirrored a period of growth and transformation within the United States. By 1863, amidst the Civil War, the demand for coins surged as people hoarded gold and silver, making the lesser denominations crucial for everyday transactions. As a result, this coin is not only a piece of monetary history but also a relic from one of the most tumultuous times in American history. **Market Trends and Collector Interests** Despite the high mintage, the collectible aspect of these coins provides an attractive hunt for numismatists seeking well-preserved examples. Collectors are particularly interested in these coins due to their connection to the Civil War and the transitional period in the U.S. economy. Their affordable nature, when compared to other rarer coins, allows for wider collection possibilities, whether aiming for type collections or date collections of the Indian Head Cent series. For collectors interested in detailed pricing and recent sales, visiting reliable sources such as numismatic auction houses or platforms that provide auction records and historical pricing data can be invaluable to understanding the shifts in valuation for the 1863 1C. In conclusion, the 1863 Indian Head Cent remains a fascinating collectible for both novice and experienced coin enthusiasts, combining historical significance with numismatic appeal. Its presence in the market reflects the enduring legacy of American coinage and its evolved role through history.