1886 Indian Head Cent
Type 1
Certified Brown Percentage: 48%
Certified Red and Brown Percentage: 46%
Certified Red Percentage: 6%
Certified Cameo Percentage: 0%
From a total mintage of 4,290 Proofs for the 1886 cent, Rick Snow (2014) estimates that 2,540 coins were from the Type I Obverse hub, as here. Interestingly, three of the four known die marriages are Repunched Dates, Snow-PR2 with light repunching within the lower loop of the digit 6. Given that full Red coins are in the minority among Proof 1886 Type I Obverse cents, acquiring a Red designation is a must for a high-quality collection.
The example to the left was sold by Stack's Bowers Galleries in the November 2011 Baltimore Auction, where it realized $2,415.