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1871 and 1872 Shallow N Indian Cents

EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
I am unsure how many people are aware of the reverse differences found on Indian cents so I'll post some basic information.

In 1869 the reverse used was the Shallow N. This design was made to strike up the copper-nickel cents better. In 1870 William Barber redesigned the reverse and created the Bold N design. The Shallow N design was no longer needed to strike up the bronze cents.

In 1870 the coins come with Shallow N, Bold N and (similar to the 1878 8/7 Tail Feather Morgan's) numerous doubled dies : Bold N over Shallow N.
In 1871 most coins are Bold N reverses.

image


A very few Shallow N's are known. Here is one of the finest known: (Stewart Blay has a MS-65RD)

image

In 1872 they also come both ways:

Here's a Bold N

image

And here's a Shallow N (with a neat obverse variety):

image

As you know, all Mint State 1877's have a Shallow N. These are all from one die! Imagine the entire mintage of 852,500 from a single reverse die! I doubt that. In a 1998 Numismatist article I wrote, I said that either the minatge was wrong, some of the pieces recorded were dated 1876, or a huge amount were melted without a trace. In any event there were only about 200,000 1877's made - that number being the average die life.

image

Of course, all Proofs from 1877 are of the Bold N reverse.

image
Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:

Comments

  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Thanks for the info.
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • krankykranky Posts: 8,709 ✭✭✭
    Great info, great photos. Thanks for sharing that.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • tjkilliantjkillian Posts: 5,578 ✭✭✭
    Very nice information. Are the shallow "N" variety widely collected? Also, from the pop reports, it seems that nearly as many mint state 1872's exist as do 1877's. If 20 times the number of 1872's were made as 1877's, why don't the pop reports indicate it?

    Tom
    Tom

  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    It was supposed to be in the red book with a price listing last year. I'm shooting for this year. I also contacted Dave to get it on the PCGS holder.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭
    Here's my 1871 Shallow N (NGC XF 45), compliments of Mr. EagleEye himself (thanks Rick!!!):

    imageimage



    Collector of Large Cents, US Type, and modern pocket change.
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    It was supposed to be in the Red Book with a price listing last year. Due to a glitch it didn't show up. I'm shooting for this year. I also contacted Dave to get it on the PCGS holder.

    There is no reason that they shouldn't be listed in the Red Book (I'm not getting resistance). Just look at the treatment given the Tarde Dollars with the reverse types.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • shylockshylock Posts: 4,288 ✭✭✭
    Great post Rick (and beautiful examples), thanks.

    An old comparison pic from my files. The different size and shape of the serifs on the N's are obvious.
    image
  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭
    My only question is just how rare these varieties are. Is it 1 in 20, 1 in 50? How does this vary by the two dates available (1871, 1872)?
    Collector of Large Cents, US Type, and modern pocket change.
  • I also have a 1872 PCGS VF30 Shallow N like the one you show with the two telltale signs on the obverse. Although, mine doesn't have the die break on the reverse by the ribbon. I sent this coin and an 1869/69 (PCGS AU50) in when I subscribed to PCGS's Platinum Service. They would not provide these coins with the proper designation through this membership because they considered them mint errors!

    KoolCoin
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    The 1872 is found about 1 in 20 coins, while the 1871 is very tough, perhaps 1 in 40 or more. The MS-65RB pictured in my post sold earlier this Month for $13,000.


    Presently PCGS does not label the 1869/69 or any of the Shallow N's (1870, 1871 and 1872). To get the label on you have to send them through the Mint Errors program. This does not mean they are Mint errors, it's just the nomenclature that they use on the label.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭
    Thank you Rick...Mike
    Collector of Large Cents, US Type, and modern pocket change.
  • BWRCBWRC Posts: 1,448 ✭✭✭

    great post Rick,

    I think the 71 and 72 shallow N's will get a nice boost when PCGS starts labeling them.

    PS: I see KoolCoin likes my 1877 IHC.image
    Brian Wagner Rare Coins, Specializing in PCGS graded, Shield, Liberty and Buffalo Nickels varieties.
  • Great post, very educational......I wish there were more posts like this.
  • Great "77" Brian!! I see PCGS graced it with MS66RB!! And after 12 years you are placing it on the auction block in January or is just up for display? I'd have a hard time parting with this looker. I hope you don't mind that I use it as my icon - just couldn't resist!

    Thanks,

    KoolCoin George
  • LanLordLanLord Posts: 11,723 ✭✭✭✭✭
    Way cool post, my questions are:

    Why did it take so long after moving from CuNi to Copper to change the die if the reason for the shallow N was for strike?

    Why did it show up again in 1877?
  • Great post, thanks. You should write a book image
    Bill
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭

    Why did it take so long after moving from CuNi to Copper to change the die if the reason for the shallow N was for strike?

    Why did it show up again in 1877?


    Good questions.

    I don't know for sure, but I'll offer a guess.

    I think it was not so important to Longacre to change it, with all the new designs he was making 1865-1869. He died January 1st, 1869. When William Barber took over he saw that it needed to be reworked.

    There was a good chance that, just like 3-Cent and 5-Cent Nickels, the 1877 cent might have existed only in proof. They just needed one reverse die, and just by chance had a shallow N die on hand. (perhaps these were in the back of the die cabinet and when supplies of dies got low they got one of these out. First-in, last-out.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • LakesammmanLakesammman Posts: 17,459 ✭✭✭✭✭
    Hey, I've got one of those. Currently at Ricks - here's a pic. PCGS MS64R.

    image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    One of the finest there is, BTW
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • RKKayRKKay Posts: 3,017 ✭✭✭
    Great post, Rick. Thanks for the education.image
  • DRUNNERDRUNNER Posts: 3,897 ✭✭✭✭✭
    BWRC & Rick . .

    Do we know for sure that PCGS will start labelling these in the future? (Shallow 'N's)

    Drunner

    and Rick . .thanks for the email on the 1903 PL . . . informative.

  • STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭

    Hi Rick, For your records I have an 1871 in PCGS ms 65 red with a shallow N and an 1872 ms 64 red with a shallow N.

    Stewart
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Oh, Thanks Stewart. Again, I am impressed! I'll note that.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    I checked with David in the Q and A board:

    Link to Q & A board regarding Shallow N Indian cents.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • An Excellent and informative post - there should be more posts like this on these boards

    Collecting eye-appealing Proof and MS Indian Head Cents, 1858 Flying Eagle and IHC patterns and beautiful toned coins.

    “It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.” Mark Twain
    Newmismatist

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