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1866 1c MS BN

Greysheet & CPG® Values
1866 1c MS BN
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The 1866 Indian Cent is a slightly better date in the Indian Cent Series; especially, in comparison to previous issues. It is even relatively difficult to acquire in circulated grades. When uncirculated, this date is definitely scarce with red gems, specifically, being very rare.

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

1866 Cent Production: By 1866, the bronze cents were becoming well entrenched in commercial channels. The large production of the new three-cent nickel and five-cent nickel coins helped replace these denominations of Fractional Currency notes and the old copper-nickel cents in circulation. The need for cents diminished to the point that the Mint could direct its efforts to producing the new nickel coins.

Survivability: Collectors did not save this cent at the time of issue, except for Proofs. Between 1871 and 1875 most of the issue was turned in and melted at the Mint, making it scarce afterwards (see further discussion under 1871). This date is not widely available except in well-worn condition. High-grade examples that did survive the 1870’s meltdown did so only by chance.

Collecting Challenges: This is the first in a series of scarcer dates that runs until 1878. A collector requiring a challenge can attempt to collect the 1866 to 1878 dates in what could be called a “Reconstruction era” set.

It is very diffcult to find problem-free examples. Many attractive coins in the Very Fine to About Uncirculated grades have been processed (wire-brushed, called whizzing) to simulate mint luster. This was a common practice by dishonest elements of the hobby in the 1960’s and 1970’s. Collectors should learn how to spot the strange luster pattern on these whizzed coins and avoid them at all costs. (See appendix D for more on altered coins.)

Collecting Circulated Pieces: The optimal collecting grade for circulated coins is VF-20. Examples with full detail on the feather tips and diamond area are worth premium prices. Depending on the price, some minor problems such as hits and scratches may be acceptable. Expect to pay a premium for a problem-free example.

Collecting Mint State Pieces: The optimal collecting grade for Mint State coins is MS-64RB. Many of these coins come with streaky toning, which may not be a problem for red-brown coins, but for full red coins it may be a reason for rejection. Well-struck examples are not particularly tough to find. Coins with great eye appeal are worth their price. Full red coins are very tough and in high demand. Beware of chemically brightened coins, especially coins that are not certified by a top-tier grading service.

Collecting Proof Issues: The 1866 Proof issue is very scarce. Only one die pair struck this issue. The cheek area of the portrait always shows some roughness, which may have been caused by the obverse die being allowed to rust slightly. This is not a grade-limiting feature. Full red examples are very rare and will attract serious competition if problem free. Gem examples are usually available, for a price. Many may have been undergraded in the past due to the facial roughness.

VARIETIES:

One of the top varieties in the Indian Head cent series is the Snow-1, an obverse doubled die that has a bold doubled LIBERTY. In addition to the doubled die, it has a base of a numeral 1 boldly sticking out of the necklace, and the tops of other digits in the denticles. This is a great variety with strong collector demand. Another very minor doubled die is known. There are 13 repunched dates known 1866, Doubled-Die Obverse, Snow-1 for this date, some very pronounced. Due to the high premiums this date receives, some varieties may not be worthy of an additional premium.

Catalog Information

GSID: 1305
Designer: James B. Longacre
Obverse Designer: James B. Longacre
Obverse Lettering: UNITED STATES OF AMERICA, 1866
Reverse Designer: James B. Longacre
Reverse Lettering: ONE CENT
Weight (gr): 3.11 gr
Weight (oz): 0.11 oz
Strike Type: Business
Diameter: 19
Coin Shape: Round
Edge: Plain
Coin Date: 1866
Denomination: 1c
Designation: MS
Mint Location: Philadelphia
Mintage: 9,826,500
Coinage Type: Indian Head Cent
Coinage Years: 1864-1909
Composition: 95% copper; 5% zinc & tin
PCGS #: 2085
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Coin Value History
1866 1c MS BN
Value By Grade
1866 1c MS BN
CPG (retail) values
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Values

Greysheet & CPG® Values
GSID:1305 PCGS:2085 Shop related

Values

Greysheet & CPG® Values
Greysheet & CPG® Values by grade for 1866 1c MS BN
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS66 CAC $2,050 $1,234
MS66 - $1,600 $1,234
MS65 CAC $1,234 $1,234
MS65 - $1,234 $1,234
MS64 CAC $1,234 $1,234
MS64 - $1,234 $1,234
MS63 CAC $1,234 $1,234
MS63 - $1,234 $1,234
MS62 CAC $1,234 $1,234
MS62 - $1,234 $1,234
MS61 CAC $1,234 $1,234
MS61 - $1,234 $1,234
MS60 CAC $1,234 $1,234
MS60 - $1,234 $1,234
AU58 CAC $1,234 $1,234
AU58 - $1,234 $1,234
AU55 CAC $1,234 $1,234
AU55 - $1,234 $1,234
AU53 CAC $1,234 $1,234
AU53 - $1,234 $1,234
AU50 CAC $1,234 $1,234
AU50 - $1,234 $1,234
XF45 CAC $1,234 $1,234
XF45 - $1,234 $1,234
XF40 CAC $1,234 $1,234
XF40 - $1,234 $1,234
VF35 CAC $1,234 $1,234
VF35 - $1,234 $1,234
VF30 CAC $1,234 $1,234
VF30 - $1,234 $1,234
VF25 CAC $1,234 $1,234
VF25 - $1,234 $1,234
VF20 CAC $1,234 $1,234
VF20 - $1,234 $1,234
F15 CAC $1,234 $1,234
F15 - $1,234 $1,234
F12 CAC $1,234 $1,234
F12 - $1,234 $1,234
VG10 CAC $1,234 $1,234
VG10 - $1,234 $1,234
VG8 CAC $1,234 $1,234
VG8 - $1,234 $1,234
G6 CAC $1,234 $1,234
G6 - $1,234 $1,234
G4 CAC $1,234 $1,234
G4 - $1,234 $1,234
AG3 CAC $1,234 $1,234
AG3 - $1,234 $1,234

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Auction Prices

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1866 Small Cent. AU-55BN (PCGS).
1866 Small Cent. AU-55BN (PCGS).
$51,288
Sold 8/13/2026
Stacks Bowers Galleries
1866 1C XF45 PCGS. CDN: $150 Whsle. Bid for NGC/PCGS XF45. Mintage 9,826,500. ...
1866 1C XF45 PCGS. CDN: $150 Whsle. Bid for NGC/PCGS XF45. Mintage 9,826,500. ...
$214
Sold 2/10/2026
Heritage Auctions
1866 1C AU50 PCGS. PCGS Population: 97 in 50, 684 finer (1/26). CDN: $190 Whsle. Bid for NGC/PCGS AU50. Mintage 9,826,500....
1866 1C AU50 PCGS. PCGS Population: 97 in 50, 684 finer (1/26). CDN: $190 Whsle. Bid for NGC/PCGS AU50. Mintage 9,826,500....
$214
Sold 2/3/2026
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1866 1C MS63 Brown PCGS. CDN: $400 Whsle. Bid for NGC/PCGS MS63. Mintage 9,826,500. ...
1866 1C MS63 Brown PCGS. CDN: $400 Whsle. Bid for NGC/PCGS MS63. Mintage 9,826,500. ...
$456
Sold 12/16/2025
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1866 1C MS65 Brown NGC. NGC Census: (40/6). Mintage 9,826,500. ...
1866 1C MS65 Brown NGC. NGC Census: (40/6). Mintage 9,826,500. ...
$853
Sold 9/9/2025
Heritage Auctions
1866 1C Repunched Date, Snow-3a, FS-302 -- Questionable Color -- CACG Details. Unc. Mintage 725....
1866 1C Repunched Date, Snow-3a, FS-302 -- Questionable Color -- CACG Details. Unc. Mintage 725....
$504
Sold 8/26/2025
Heritage Auctions
1866 1C VF30 PCGS. PCGS Population: (69/1201). Mintage 9,826,500. ...
$99
Sold 7/29/2025
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1866 1C MS64 Brown PCGS. Mintage 9,826,500. ...
$528
Sold 7/22/2025
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1866 1C AU58 PCGS. Mintage 9,826,500. ...
$264
Sold 7/22/2025
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1866 1C MS62 Brown PCGS. PCGS Population: (78/252). Mintage 9,826,500. ...
$360
Sold 7/1/2025
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1866 1C XF40 CACG. Mintage 9,826,500. ...
1866 1C XF40 CACG. Mintage 9,826,500. ...
$129
Sold 12/16/2024
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1866 1C Misplaced Date, MPD-002 -- Cleaned -- ANACS. VG Details, Net Good 4. Mintage 9,826,500.Flynn Reference and Cr...
1866 1C Misplaced Date, MPD-002 -- Cleaned -- ANACS. VG Details, Net Good 4. Mintage 9,826,500.Flynn Reference and Cr...
$45
Sold 3/4/2024
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1866 1c PCGS VG-10
1866 1c PCGS VG-10
$62
Sold 4/24/2023
DLRC
1866 1C VF25 PCGS. PCGS Population: (39/1170 and 0/4+). NGC Census: (24/789 and 0/4+). CDN: $110 Whsle. Bid for NGC/PCGS VF...
1866 1C VF25 PCGS. PCGS Population: (39/1170 and 0/4+). NGC Census: (24/789 and 0/4+). CDN: $110 Whsle. Bid for NGC/PCGS VF...
$119
Sold 3/14/2023
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1866 1C AU53 NGC. NGC Census: (48/485). PCGS Population: (65/544). CDN: $215 Whsle. Bid for NGC/PCGS AU53. Mintage 9,826,50...
1866 1C AU53 NGC. NGC Census: (48/485). PCGS Population: (65/544). CDN: $215 Whsle. Bid for NGC/PCGS AU53. Mintage 9,826,50...
$204
Sold 11/22/2022
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1866 1C VF35 NGC. NGC Census: (27/723). PCGS Population: (65/1022). CDN: $120 Whsle. Bid for NGC/PCGS VF35. Mintage 9,826,5...
1866 1C VF35 NGC. NGC Census: (27/723). PCGS Population: (65/1022). CDN: $120 Whsle. Bid for NGC/PCGS VF35. Mintage 9,826,5...
$114
Sold 10/11/2022
Heritage Auctions
1866 1C MS61 Brown ANACS. Mintage 9,826,500. ...
1866 1C MS61 Brown ANACS. Mintage 9,826,500. ...
$312
Sold 7/12/2022
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1866 1C Fine 15 PCGS. PCGS Population: (32/1188 and 0/3+). NGC Census: (7/787 and 0/4+). CDN: $85 Whsle. Bid for NGC/PCGS F...
1866 1C Fine 15 PCGS. PCGS Population: (32/1188 and 0/3+). NGC Census: (7/787 and 0/4+). CDN: $85 Whsle. Bid for NGC/PCGS F...
$89
Sold 5/3/2022
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1866 1C Doubled Die Obverse & Misplace Date, Snow-1, FS-101, -- Corroded -- ANACS. VF Details, Net Fine 12. (FS-007. 6)....
1866 1C Doubled Die Obverse & Misplace Date, Snow-1, FS-101, -- Corroded -- ANACS. VF Details, Net Fine 12. (FS-007. 6)....
$109
Sold 12/14/2021
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1866 1C MS66+ Brown NGC. CAC. NGC Census: (6/0 and 1/0+). PCGS Population: (2/0 and 0/0+). CDN: $1,200 Whsle. Bid for NGC/P...
1866 1C MS66+ Brown NGC. CAC. NGC Census: (6/0 and 1/0+). PCGS Population: (2/0 and 0/0+). CDN: $1,200 Whsle. Bid for NGC/P...
$1,560
Sold 2/25/2021
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