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The 1862 Proof Indian Cent comes from the smallest mintage thus far in the series. Scarce up to the gem range, which gradually gets tougher to find, up to the finest gems which are quite rare. Cameo pieces are very scarce and deep cameos are extremely rare as just a handful exist.
Obverse Description
A portrait bearing the likeness of a Native American in full headdress framed by the words UNITED STATES OF AMERICA around the periphery. The date is centered at the bottom under the portrait.
Reverse Description
The reverse bears the denomination of ONE CENT in the center surrounded by a wreath bearing a ribbon with arrows tied in at the bottom center.
Book Reference
1862 Cent Production: With the hope of a quick end to the war diminishing, silver and gold coinage quickly vanished from general circulation. The only coin that circulated was the copper-nickel cent. Seeing demand for the cent increase, the Mint shifted most of its production from silver and gold coins to the cent. Speculators who sold them at a slight profit to merchants mostly bought up this large production.
Survivability: Most of this issue circulated briefly and then were removed from general circulation during the Civil War coinage crisis peaking in summer 1862. At the end of the war, these came out again and circulated until the redemption of the 1870’s. Most examples are in higher than average condition.
Collecting Challenges: These are very popular as the predominant coin in use during the Civil War. Examples are plentiful, so collectors are advised to find problemfree pieces in as high a grade as their collecting parameters allow.
Collecting Circulated Pieces: The optimal collecting grade for circulated coins is AU-50. Examples in all other grades are easily obtainable.
Collecting Mint State Pieces: The optimal collecting grade for Mint State coins is MS-65. These are widely available in all grades up to MS-65. They are diffcult to find with early die states and full strikes. Full-strike pieces should have full feather tips as well as full diamonds on the lower ribbon.
Collecting Proof Issues: This is the most common date to find in the copper-nickel Proof series. One reason for this higher quality may be that all unsold examples were saved and resold to collectors at some later time, possibly after the war. Examples are of very high quality and collectors are advised to buy PF-64 and higher grades. Cameo examples exist, but not in great quantities.
VARIETIES:
A few varieties with misplaced digits exist. There are no major varieties.
Catalog Information
GSID:
1476
Designer:
James B. Longacre
Obverse Designer:
James B. Longacre
Obverse Lettering:
UNITED STATES OF AMERICA, 1862
Reverse Designer:
James B. Longacre
Reverse Lettering:
ONE CENT
Weight (gr):
3.11 gr
Weight (oz):
0.11 oz
Strike Type:
Proof
Diameter:
19
Coin Shape:
Round
Edge:
Plain
Coin Date:
1862
Denomination:
1c
Designation:
PR
Mint Location:
Philadelphia
Mintage:
550
Coinage Type:
Indian Head Cent
Coinage Years:
1860-1864
Composition:
0.880 Copper; 0.120 Nickel
PCGS #:
2259
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Coin Value History
1862 1c PR
Value By Grade
1862 1c PR
CPG (retail) values
Currency
Grade Range
Grading Authority
Sort by
Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| PR68 |
|
$18,000 | $1,234 |
| PR68 | - | $15,000 | $1,234 |
| PR67 |
|
$1,234 | $1,234 |
| PR67 | - | $1,234 | $1,234 |
| PR66 |
|
$1,234 | $1,234 |
| PR66 | - | $1,234 | $1,234 |
| PR65 |
|
$1,234 | $1,234 |
| PR65 | - | $1,234 | $1,234 |
| PR64 |
|
$1,234 | $1,234 |
| PR64 | - | $1,234 | $1,234 |
| PR63 |
|
$1,234 | $1,234 |
| PR63 | - | $1,234 | $1,234 |
| PR62 |
|
$1,234 | $1,234 |
| PR62 | - | $1,234 | $1,234 |
| PR61 |
|
$1,234 | $1,234 |
| PR61 | - | $1,234 | $1,234 |
| PR60 |
|
$1,234 | $1,234 |
| PR60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
Indian Head Cent 1c 1859, Reverse of 1858 PR [Type]
![Indian Head Cent 1c 1859, Reverse of 1858 PR [Type]](https://images.greysheet.com/ProductImages/DLRC/138xxx/91d6d7df-cb4b-4987-aa83-e57f42cd6d6b.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $800 – $22,200
Indian Head Cent 1c 1859, Reverse of 1858 PR CAM [Type]
![Indian Head Cent 1c 1859, Reverse of 1858 PR CAM [Type]](https://images.greysheet.com/Ctc/CatalogEntry/auctions_stacksbowers_com_lots_view_3_j43x8-0.20200711170111970.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $2,500 – $65,000
Indian Head Cent 1c 1859, Reverse of 1858 PR DCAM [Type]
![Indian Head Cent 1c 1859, Reverse of 1858 PR DCAM [Type]](https://images.greysheet.com/Ctc/Catalog/ha_com_1291_3973-0.20200718072427999.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $10,000 – $12,000
1859 1c PR
Worth: $800 – $22,200
Indian Head Cent 1c Copper Nickel, 1860-1864 PR [Type]
![Indian Head Cent 1c Copper Nickel, 1860-1864 PR [Type]](https://images.greysheet.com/Ctc/CatalogEntry/ha_com_1314_3069-0.20200626062033810.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $360 – $15,000
Indian Head Cent 1c Copper Nickel, 1860-1864 PR CAM [Type]
![Indian Head Cent 1c Copper Nickel, 1860-1864 PR CAM [Type]](https://images.greysheet.com/Ctc/CatalogEntry/auctions_stacksbowers_com_lots_view_3_j43ur-0.20200711165804274.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $1,000 – $35,000
Indian Head Cent 1c Copper Nickel, 1860-1864 PR DCAM [Type]
![Indian Head Cent 1c Copper Nickel, 1860-1864 PR DCAM [Type]](https://images.greysheet.com/Ctc/CatalogEntry/auctions_stacksbowers_com_lots_view_3_j43vp-0.20200711165508859.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $2,000 – $24,000
1860 1c PR
Worth: $420 – $26,400
1861 1c PR
Worth: $600 – $18,000
1863 1c PR
Worth: $360 – $14,400
1864 1c Copper Nickel PR
Worth: $360 – $12,000
Indian Head Cent 1c Bronze, 1864-1909 PR BN [Type]
![Indian Head Cent 1c Bronze, 1864-1909 PR BN [Type]](https://images.greysheet.com/Ctc/CatalogEntry/legendauctions_hibid_com_lot_61849025-0.20200627042548350.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $100 – $2,040
Indian Head Cent 1c Bronze, 1864-1909 PR RB [Type]
![Indian Head Cent 1c Bronze, 1864-1909 PR RB [Type]](https://images.greysheet.com/Ctc/CatalogEntry/auctions_stacksbowers_com_lots_view_3_iavlw-0.20200712174109954.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $150 – $7,000
Indian Head Cent 1c Bronze, 1864-1909 PR RD [Type]
![Indian Head Cent 1c Bronze, 1864-1909 PR RD [Type]](https://images.greysheet.com/ctc/catalog/1883.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $220 – $25,000
1864 1c Bronze PR BN
Worth: $325 – $8,100
1862 Indian Cent. PR-66 (PCGS).
$15
1862 1C PR62 PCGS. Housed in a Generation 3.1 green label holder. PCGS Population: (13/314). NGC Census: (9/242). CDN: $550...
$720
1862 1C PR65 PCGS. CAC. CAC Population: (26/14). Mintage 550. ...
$2,292
1862 1C PR64 PCGS. Mintage 550. ...
$1,440
1862 1C PR63 ANACS. Mintage 550. ...
$780
1862 1c PCGS/CAC Proof 58
$525
1862 1C PR67 PCGS. ...
$8,160
1862 1C PR61 PCGS. PCGS Population: (1/306). NGC Census: (1/236). Mintage 550. From The Indian Collection. ...
$660
1862 1C
$231
1862 1C PR66 PCGS. CAC. ...
$3,904
1862 1C PR62 PCGS. PCGS Population: (13/303). NGC Census: (9/238). CDN: $550 Whsle. Bid for NGC/PCGS PR62. Mintage 550. ...
$1,320
1862 1C PR65 NGC. NGC Census: (78/36). Mintage 550. ...
$1,740
1862 1C PR64 PCGS. Mintage 550. ...
$1,500
1862 1c PCGS Proof 63
$875
1862 1C PR67 NGC. ...
$6,325
1862 1C PR61 NGC. NGC Census: (0/238). PCGS Population (1/286). Mintage: 550. Numismedia Wsl. Price for problem free NGC/PC...
$564
1862 1C PR66★ NGC....
$2,520
1862 1C PR62 PCGS. PCGS Population (13/271). NGC Census: (7/231). Mintage: 550. Numismedia Wsl. Price for problem free NGC/...
$517
1862 1C PR65 PCGS. CAC....
$2,520
1862 1C PR64+ PCGS. PCGS Population: (145/121 and 5/4+). NGC Census: (107/109 and 1/4+). CDN: $1,200 Whsle. Bid for NGC/PCG...
$1,440
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