1860 Indian Cent. FS-401. Pointed Bust. MS-66+ (PCGS). CAC.This beautiful Gem ranks among the finest certified survivors of this scarce and significant hub variety from the second year of Indian cent production. Bands of deeper bronze iridescence on each side accent the overall sandy-brown hue. The luster is very soft and satiny with more dense frosting across the design elements. Well struck and expertly preserved, this is an attractive and technically superior cent that would do justice to the finest collection.pThe Pointed Bust obverse hub variety of the 1860 Indian cent is a holdover from 1859 and represents a transitional variety before the Mint introduced the Rounded Bust hub. This variety was overlooked at the time of issue, and went largely unnoticed by numismatists for more than 100 years. The first mention in print was in Walter Breens emEncyclopedia/em in 1988, where the 1860 Pointed Bust is described as "very rare." The elusiveness of this variety has stood the test of time and today, most numismatic scholars agree that only about 5% of surviving 1860 Indian cents are of the Pointed Bust variety. The present example is solidly in the Condition Census.
