Lot 1187
1908-S. PCGS graded MS-65 Red. CAC Approved. Full strike with wonderful eye appeal. The first year of minor coins being made at the San Fransisco mint. Housed in an Old Green Holder. Pop 215; 38 finer, 2 in 65+, 36 in 66. (PCGS # 2234)
Initially, the production of the five-cent nickel and the one-cent bronze coin was limited by law to the Philadelphia Mint. An Act of Congress passed on April 24, 1906, provided for the making of these denominations at other Mint facilities.
The manufacture of the Indian Head cent at the San Francisco Mint in November 1908 marked the first time this denomination of coins was minted outside of Philadelphia. One-cent coin production did not begin at the Denver Mint until 1911. Estimated Value $1,700 - 1,800
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| Realized $2,530 |
