1885 Indian Head Cent
Certified Brown Percentage: 48%
Certified Red and Brown Percentage: 47%
Certified Red Percentage: 5%
Certified Cameo Percentage: 0%
The Mint produced 3,790 Proof cents in 1885, an unusually large number given that only 930 of these coins were needed for the year's silver Proof sets. Much of the mintage was undoubtedly sold to dealers for face value at the end of the year. One of the principal dealers active in this speculation was Philadelphia-based David U. Proskey, who amassed hundreds of each Proof Indian cent issue from 1879 to 1909. Since Proskey's Proof Indian cents were stored in their original mint tissues for several decades, they are fairly easy to spot by their deep antique copper toning and iridescent multicolored highlights. The 1885 (along with the 1886 and 1889) are two of the rarest Proof Indian cents to find with the Cameo designation.
The example to the left was sold by Stack's Bowers Galleries in the August 2019 Rosemont ANA Auction, where it realized $3,840.