1877 Indian Head Cent

• Circulation Strikes: 852,500
  
• 2nd Lowest Mintage of an Indian Head Cent
  

The reported mintage of 1877 Indian Head Cents for circulation is 852,500 pieces, with an estimated 900 proofs coins struck for collectors. This was a sharp drop from the previous year, when the Mint produced almost 8 million cents, and even greater decline from mintages of the 1860's and earlier 1870's.

Despite the somewhat high mintage for a key date coin, the number of pieces that have survived to this day is much, much lower than the mintage suggests. In all grades, perhaps no more than 5,000 1877 Indian Head Cents are still known to exist, and perhaps only 10% of these are still in uncirculated condition. Proofs are more relatively available, with approximately two-thirds of the original mintage remaining, but these are highly valued as well, despite having a similar mintage to other proof coins of the series.

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