1907 1C, BN (Proof)

The 1907 1C, BN (Proof) Indian Head Cent is an intriguing coin for collectors, known for its historic numismatic value and scarcity in pristine conditions. This coin was minted in Philadelphia, the sole mint for this particular series in 1907. The mintage for the 1907 Proof Indian Head Cent is notably limited, with a total of 1,475 pieces struck. This low mintage, combined with its distinctive Proof designation, makes it a desirable piece among enthusiasts and investors. From a historical perspective, the 1907 Indian Head Cent represents the end of an era, as the Indian Head design was soon to be replaced by the Lincoln cent in 1909. Designed by James Barton Longacre, this coin features the iconic Liberty wearing a Native American headdress on its obverse, which has become a well-loved symbol within American coinage. The reverse displays a wreath and shield, adding to the coin's aesthetic appeal. In the numismatic world, the rarity of the 1907 Proof Indian Head Cent, especially in higher grades, elevates its allure and value. Collectors particularly seek out coins with full red coloration or deep brown tones with an attractive patina. The PCGS (Professional Coin Grading Service) has assigned this coin the PCGS #2404. According to PCGS CoinFacts, obtaining these coins in grades above PR65 (Proof 65) significantly increases their value and collectability. When discussing value, the demand for the 1907 Proof Indian Head Cent can lead to impressive auction sales, particularly in high grades with BN (Brown) designation. For instance, certain auction venues have reported significant sales figures for this coin. A coin in PR66BN, for example, can realize prices well into the several thousand dollar range. Examples have been sold at renowned auction houses, achieving notable premiums due to their rarity and condition. The 1907 Proof Indian Head Cent's value is reflective of several factors, including market demand, coin condition, and provenance. The historical significance of this proof cent, combined with its limited mintage and unique proof finish, continues to captivate collectors worldwide, making it a staple for any serious numismatic collection. For enthusiasts looking to invest in a piece of American history, the 1907 1C, BN (Proof) Indian Head Cent offers both historical value and a potential return on investment due to its numismatic significance and scarcity in top conditions.