Color designation only applies to uncirculated copper coins. All circulated copper coins are assumed to be brown. Red refers to the hue of fresh copper, as it would appear just after the coin is struck. Because of copper's propensity to darken over the years, only very small fractions of old copper coins are found with coloration that would numismatically be deemed Red. According to PCGS grading guidelines, the following defines the Red designation for a copper coin: PCGS designated Red (RD) for copper coins that grade MS60 or better and show 95% or more of their original mint-red color.
PCGS Director of Education Mike Sherman explained for grading that a full red copper coin will display 95% or more of its original color, while red & brown will display anywhere between 5% and 95% of its original red color which should help in self grading some of them. Brown (BN) (Less than 5% of original red color visible). On all Mint State and Proof copper coins (Half Cents, Large Cents, Small Cents,
Two Cent Pieces and some patterns) one of the three color ratings is assigned.
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