Save 15% on Books & Supplies at Whitman.com.
Use promo code: WHITMAN151

1886 1c Type 2 MS BN

Greysheet & CPG® Values
1886 1c Type 2 MS BN
Thank you to our sponsors!
Go check them out!

The obverse dies were changed in 1886 making 2 separate varieties that are differentiated by the placement of 'America.' These two varieties are worth about the same; but, it is popular knowledge that Variety 2 is slightly more scarce. All the color designations increase gradually from brown to red with all gems being very scarce.

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

1886, Variety 2, Cent Production: It is not known when the Mint produced the new obverse master die by Charles Barber, although it was probably made during the hiatus of cent and nickel production early in the year. If so, then the estimated 15 Variety 2 dies dated 1886 would have struck coins at the same time as older Variety 1 dies when coinage resumed. A larger number of coins from the Variety 2 dies show extreme die wear. Per-between the I and C in AMERICA. haps near the end of the year the Mint chose to stretch the life of the dies rather than make more. Dies used to strike Proofs were also put into service to strike regular issues.

Survivability: There was no special significance placed on the Variety 2 style early on, as it was a relatively minor alteration. It was only after 1954 that collectors started to collect these coins as separate entities. As a result, nearly the entire mintage went into circula-points between the C and A. tion and stayed there until they were well worn. The survival of any examples is based on chance rather than from collector hoards. A roll of 50 coins from the same dies appeared in Superior Galleries’ section of Auction ’81, bringing $30,000. While the appearance of a roll like this greatly altered the relative rarity of this date, it did little to lower the prices. It just made more coins available to collectors.

Collecting Challenges: Quality is quite poor on most of the pieces encountered. Search out pieces struck from an early-die-state die. These will have crisp details and flat fields. Many have been chemically altered by dishonest people seeking to capture the high prices asked for high-grade pieces.

Collecting Circulated Pieces: The optimal collecting grade for circulated coins is EF-40. Select coins with attractive original surfaces. Target this date early on in your collecting, as it will take a while to find an attractive example.

Collecting Mint State Pieces: The optimal collecting grade for Mint State coins is MS-63RB. This is one of the tougher dates in all grades. However, as small groups have come to light its rarity has lessened slightly. It is believed that the 50 pieces that came from the Auction ’81 roll were mostly full red and all from the same die. These were all later-die-state coins, which have a look likened to melted butterscotch. Another group of 32 1886 Variety 2 pieces was found in 1994 in a bottle buried in Connecticut. Later, they were placed in the Bowers & Merena “Boys Town” sale in March 1998 (lots 353 to 363) where they were graded MS-61RB to MS-64RB. Among these pieces, 18 were of the same variety, Snow-7.

Full red gems are still very rare. Prices for MS-64RD and MS-65RD certified coins have climbed to levels seen only for the top three or four dates in the series.

Collecting Proof Issues: The mintage is estimated from the quantity of known survivors. No offcial figures break down the division between the two types. The 1886 Variety 2 Proof is prohibitively rare in full red gem condition. Cameo examples are nearly impossible to find. Most available examples are red-brown or totally brown, sometimes with vivid blue toning. The limited quantity of full red coins is curious. Many original coins exhibit a tan-golden color which grading services may find unusual. Perhaps the majority of remaining Proofs at the end of the year were Variety 2 pieces. If so, they may have been purchased by dealers, as was most of the leftover Proof minor coinage. If this is the case, then these would have sat for extended periods in their Mint wrappers, slowly toning to purple or brown.

Some of the five known die pairs used for Proof production were later used on regular coinage.

VARIETIES:

There are a few minor repunched dates. The Snow variety listings must show the design type as well as the variety number (1886, Variety 2, Snow-3, for example).

Catalog Information

GSID: 1374
Designer: James B. Longacre
Obverse Designer: James B. Longacre
Obverse Lettering: UNITED STATES OF AMERICA, 1886
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
Variety: Type 2
Coin Date: 1886
Denomination: 1c
Designation: MS
Mint Location: Philadelphia
Mintage: 17,650,000
Coinage Type: Indian Head Cent
Coinage Years: 1864-1909
Composition: 95% copper; 5% zinc & tin
PCGS #: 92154
Subscribe to View

View more data, info, and visualizations. Get access to retail and wholesale pricing as well as auction data.

Coin Value History
1886 1c Type 2 MS BN
Value By Grade
1886 1c Type 2 MS BN
CPG (retail) values
Value by grade is available to subscribers. Subscribe to View

Values

Greysheet & CPG® Values
GSID:1374 PCGS:92154 Shop related

Values

Greysheet & CPG® Values
Greysheet & CPG® Values by grade for 1886 1c Type 2 MS BN
Grade CAC CPG Value (Retail) Greysheet Price (Wholesale)
MS66 CAC $3,100 $1,234
MS66 - $2,500 $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

Related Items

Other items from this series
See all

Auction Prices

Recent public sale records for this item
See all
1886 1C Type Two AU55 PCGS. PCGS Population: 61 in 55, 258 finer (1/26). CDN: $210 Whsle. Bid for NGC/PCGS AU55. ...
1886 1C Type Two AU55 PCGS. PCGS Population: 61 in 55, 258 finer (1/26). CDN: $210 Whsle. Bid for NGC/PCGS AU55. ...
$256
Sold 2/3/2026
Heritage Auctions
1886 1C Type Two -- Cleaned -- ANACS Details. Unc. Details, Net AU50. Housed in a small-sized holder....
1886 1C Type Two -- Cleaned -- ANACS Details. Unc. Details, Net AU50. Housed in a small-sized holder....
$180
Sold 11/11/2025
Heritage Auctions
1886 1C Type Two AU58 PCGS. PCGS Population: (97/157). ...
$264
Sold 8/19/2025
Heritage Auctions
1886 1C Type Two VF35 PCGS. PCGS Population: (37/516). ...
$74
Sold 7/29/2025
Heritage Auctions
1886 1C Type Two -- Altered Color -- NCS. Unc Details....
$360
Sold 7/8/2025
Heritage Auctions
1886 1C Type Two MS64 Brown NGC. Eagle Eye Photo Seal. NGC Census: (40/10)....
$720
Sold 7/7/2025
Heritage Auctions
(1886-1909) 1C Indian Cent -- Struck 35% Off O/C -- Fine 12 PCGS. PCGS Population: (0/0)....
(1886-1909) 1C Indian Cent -- Struck 35% Off O/C -- Fine 12 PCGS. PCGS Population: (0/0)....
$204
Sold 12/23/2024
Heritage Auctions
1886 1C Type Two XF40 PCGS. PCGS Population: (59/437). ...
1886 1C Type Two XF40 PCGS. PCGS Population: (59/437). ...
$134
Sold 10/22/2024
Heritage Auctions
1886 1C Type Two MS63 Brown NGC. NGC Census: (62/49). ...
1886 1C Type Two MS63 Brown NGC. NGC Census: (62/49). ...
$372
Sold 10/8/2024
Heritage Auctions
1886 1C Type Two XF45 Brown NGC. NGC Census: (52/363). PCGS Population: (57/374). CDN: $165 Whsle. Bid for NGC/PCGS XF45....
1886 1C Type Two XF45 Brown NGC. NGC Census: (52/363). PCGS Population: (57/374). CDN: $165 Whsle. Bid for NGC/PCGS XF45....
$174
Sold 4/23/2024
Heritage Auctions
1886 1C Type Two MS62 Brown NGC. NGC Census: (75/111). PCGS Population: (38/113). CDN: $315 Whsle. Bid for NGC/PCGS MS62. ...
1886 1C Type Two MS62 Brown NGC. NGC Census: (75/111). PCGS Population: (38/113). CDN: $315 Whsle. Bid for NGC/PCGS MS62. ...
$408
Sold 3/5/2024
Heritage Auctions
1886 1C Type Two VF30 PCGS. PCGS Population: (30/513). NGC Census: (14/441). CDN: $88 Whsle. Bid for NGC/PCGS VF30. ...
1886 1C Type Two VF30 PCGS. PCGS Population: (30/513). NGC Census: (14/441). CDN: $88 Whsle. Bid for NGC/PCGS VF30. ...
$71
Sold 12/19/2023
Heritage Auctions
1886 1C Type Two AU53 PCGS. PCGS Population: (25/285). NGC Census: (25/298). CDN: $205 Whsle. Bid for NGC/PCGS AU53. ...
1886 1C Type Two AU53 PCGS. PCGS Population: (25/285). NGC Census: (25/298). CDN: $205 Whsle. Bid for NGC/PCGS AU53. ...
$228
Sold 11/22/2022
Heritage Auctions
1886 1C Type Two MS61 Brown NGC. NGC Census: (14/141). PCGS Population: (3/127). CDN: $230 Whsle. Bid for problem-free NGC/...
1886 1C Type Two MS61 Brown NGC. NGC Census: (14/141). PCGS Population: (3/127). CDN: $230 Whsle. Bid for problem-free NGC/...
$180
Sold 6/25/2019
Heritage Auctions
1886 1C Type Two MS65 Brown PCGS. CAC. ...
1886 1C Type Two MS65 Brown PCGS. CAC. ...
$1,175
Sold 11/3/2013
Heritage Auctions
1886 1C Type Two VF25 NGC. NGC Census: (3/220). PCGS Population (5/209). Numismedia Wsl. Price for problem free NGC/PCGS c...
1886 1C Type Two VF25 NGC. NGC Census: (3/220). PCGS Population (5/209). Numismedia Wsl. Price for problem free NGC/PCGS c...
$40
Sold 11/27/2012
Heritage Auctions
1886 1C Type Two VG8 PCGS. PCGS Population (2/172). NGC Census: (1/197). Numismedia Wsl. Price for problem free NGC/PCGS c...
1886 1C Type Two VG8 PCGS. PCGS Population (2/172). NGC Census: (1/197). Numismedia Wsl. Price for problem free NGC/PCGS c...
$34
Sold 9/20/2011
Heritage Auctions
1886 1C Type Two--Cleaned--ANACS. XF Details Net VF 20. NGC Census: (1/187). PCGS Population (2/156). Numismedia Wsl. Pric...
1886 1C Type Two--Cleaned--ANACS. XF Details Net VF 20. NGC Census: (1/187). PCGS Population (2/156). Numismedia Wsl. Pric...
$56
Sold 3/15/2011
Heritage Auctions
$1,035
Sold 9/20/2010
GOLDBERG COINS
1886 1C Type Two MS66 Brown NGC. NGC Census: (2/0). PCGS Population (0/0). (#92154)...
$920
Sold 2/21/2006
Heritage Auctions
Subscribe to View

View more data, info, and visualizations. Get access to retail and wholesale pricing as well as auction data.

From the Greysheet Marketplace

Live listings from Greysheet dealers
See all

Greysheet News

Prominent Collector Dell Loy Hansen Submitting His Historical Collection Of U.S. Coins To CAC Grading
Prominent Collector Dell Loy Hansen Submitting His Historical Collection Of U.S. Coins To CAC Grading

The unprecedented crossover underscores his personal efforts to combat “grade inflation.”

American Numismatic Association's Largest Coin Show, August 6-10 In Chicago
American Numismatic Association's Largest Coin Show, August 6-10 In Chicago

Dazzling rarities, free educational opportunities, family fun and more await at the Donald E. Stephens Convention Center

United States Mint Unveils Designs For The 2025 United States Marine Corps 250th Anniversary Commemorative Coin Program
United States Mint Unveils Designs For The 2025 United States Marine Corps 250th Anniversary Commemorative Coin Program

The designs will be featured on a $5 gold coin, a $1 silver coin, and a half dollar clad coin.

Events

Heritage Auctions: US Coins Tuesday & Wednesday Select Auction
Heritage Auctions: US Coins Tuesday & Wednesday Select Auction Location: Heritage Auctions
Wednesday, July 1, 2026
Heritage Auctions: World & Ancient Coins Wednesday & Thursday Select Auction
Heritage Auctions: World & Ancient Coins Wednesday & Thursday Select Auction Location: Heritage Auctions
Thursday, July 2, 2026
DLRC Weekly Auctions
DLRC Weekly Auctions Location: DAVID LAWRENCE RARE COINS
Sunday, July 5, 2026