1869

 

     

Short Flag

      

Long Flag


Mintage: 256,600                                                                     Proofs: 600

Top
100

Var#

Obv

Rev

DR

 

Obverse / Reverse Quick Diagnostics

Ahwash

Greer

 *

101

1

A

2C

 

 Short Flag 1, High Date, Slight Upward Slope, Broken S

A-1

G101

 

102

2

B

1C

 

 Short Flag 1, High Level Date, Broken S / Die Crack Lower Oak Leaf

A-2

G101

 

103

3

C

1B2

  

 Short Flag 1, High Level Date, Broken S / DL in Lower Right Wreath

 

G101

 

104

4

D

0B1

 

 Proof Die, Short Flag 1, High Level Date / Proof Die

 

G101

 

104a

4.2

D.2

0B1

 

 Short Flag 1, High Level Date / Die Crack Between Ribbon Ends

 

G101

 

105

5

E

0R

 

 Proof Die, Long Flag 1, High Date, Slight Upward Slope / Proof Die

 

G102

 

105a

5.2

E.2

0R

 

 Long Flag 1, High Date, Slight Upward Slope / DL In Lower Wreath

A-3

G102

 

106

6

F

0R

 

 Proof Die, Long Flag 1, High Level Date, Partial S / Proof Die

 

G102

 

106a

6.2

F.2

0R

 

 Long Flag 1, High Level Date, Partial S / Perfect Die

A-4

G102

 

107

7

G

0B1

  

 Short Flag 1, High Date, Sl Up Slope, Partial S / DL Through (D)IME

 

G101


Scarcity: A difficult date to locate in the lower circulated grades and scarcer than its mintage would imply.  This 
date is very scarce in EF-AU and becomes extremely scarce in Mint State.  Mint State examples are some what undervalued 
at current pricing levels.  Short Flag 1 style date punch examples are very undervalued if found in AU or Mint State grades.
 
Updated Greer Rarity Ratings
Short Flag 1 Rarity: G-VG R3+, F-VF R4, EF-AU R5+, MS R7
Long Flag 1 Rarity: G-VG R3+, F-VF R4-, EF-AU R5, MS R6-
Overall Rarity: G-VG R3, F-VF R3+, EF-AU R4+, MS R6-

                                Fortin Variety Rarity Estimates In VF - Mint State

Variety

Rarity

Suggested Premiums

Variety

Rarity

Suggested Premiums

101

R6

150-300%

105

R3

-

102

R4

-

105a

R4

-

103

R4

-

106

R5

-

104

R5

-

106a

R5

-

104a

R6

100-200%

107

R5

-

Comments: Two different date punches styles were used for 1869 dies resulting in Short and Long Flag 1 date varieties. 
The Short Flag 1 varieties are difficult to locate in higher grades and challenging to find well struck.  Variety 101 
is rare in EF or better. Nearly all AU or better examples seen of the 1869 date have been the Long Flag 1 variety. I would 
consider the Short Flag 1 variety to be R5+ in original AU and R7 in Mint State.  As in 1868, a significant number of dies 
were produced for a meager mintage of 256,600 pieces.  The low average mintage per die could be an explanation for the lack 
of late die state or cracked die examples.
  
                               Value As A Date (Coin World Trends/CoinValues

Grade

1963

1973

1983

1993

2003

2012

G

1.75

2.5

16

13

20

20

F

3.5

5.5

35

28

50

50

EF

-

15

140

100

100

125

MS60

18

90

525

615

600

600

MS63

-

-

-

1100

1200

1000

 

1869 Date Gallery

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