James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and committed training in coin grading, minting errors, and collection techniques. He has over 40 year of numismatic and also writing experience, consisting of a monthly magazine obelisk for the American Numismatic Association.
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Next to the Lincoln penny, the Indian Head penny is the many popular series of tiny cents gathered by numismatists. Circulated examples are readily found in her favorite coin store regional coin show. There room a couple of key coins that could stretch your coin collecting budget while you assemble your arsenal of Indian head pennies.
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By 1857 the cost of do copper coins had actually risen due to the boosted price that copper. Mint Director James Ross Snowden listed in his yearly report the the mint to be barely making costs due come the increased expense of copper supplied in both half-cent and also large-cent coins. The mint ceased production of half-cent coins and also reduced the size and also weight the the penny.
In 1857 a small cent coin was presented that featured a flying eagle on the obverse. Manufacturing problems minimal the coin to just two years. Since this coin to be only created for two years, the is commonly included in a repertoire of Indian head one cent coins. The prototype that the flying Eagle cent was developed in 1856 and also slightly over 2000 specimens to be minted. Although the is technically considered a "pattern coin" is sometimes contained in a complete collection of flying Eagle and Indian Head pennies.
The Indian Head coin was introduced in 1859 v a ingredient of 88 percent copper and 12 percent nickel and a diameter of 19 mm and a weight of 4.67 grams. In 1864 the composition was readjusted to 95 percent copper and also 5 percent tin with a lessened weight the 3.11 grams. James B. Longacre design both the obverse and the turning back of this standard American coin.
Market analysis
Indian Head pennies do not contain any type of precious steels (e.g. Silver, gold, etc.). Therefore, their worth is derived from demands by coin collectors. Many civilization collect this coins, therefore the market is quite active and most dealers will pay top-dollar for nice specimens.
an essential Dates, Rarities, and Varieties
The adhering to Indian Head pennies in any condition, are worth considerable more than usual ones.As such, these coins are frequently counterfeit or changed from usual Indian Head cents.Therefore, before you begin celebrating your at an early stage retirement with your newfound fortune, have actually the coin authenticated by a reliable coin dealer or 3rd party grading service.
1869 9/9 (Doubled "9" in the date)1873 twin Liberty ("LIBERTY" is doubled on the Indian's headdress)18771888 8/7 (The remnant the a "7" is under the critical "8" in the date)1909 S
problem or Grade instances
If her coin is worn and also looks similar to the one illustrated in the link below, that is taken into consideration acirculated coin.
If your coin looks similar to the one depicted in the link below and has no proof of wear due to being in circulation, it is considered anuncirculatedcoin.
Mint point out
Indian Head pennies were created at two various mints: Philadelphia (no mint mark), and San Francisco (S).The mint note is located on the turning back of the coin, just below the wreath.
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average Circulated and also Uncirculated worths and Prices
The purchase priceis what you have the right to expect to salary to a dealer to acquisition the coin. Thesellvalueis what you can expect a dealer to salary to you once you sell the coin. All circulated prices and values assume the the day is readable and also not fully worn off the challenge of the coin. The actual sell you obtain from a details coin dealer will vary depending upon the actual grade of the coin and a variety of other components that recognize its worth. Uncirculated specimens the exhibit original redor red-brown color are worth considerably more.
| Date & Mint | Circ. Buy | Circ. Sell | Unc. Buy | Unc. Sell | |
| Copper-Nickel | |||||
| 1859 | $15.00 | $10.00 | $720.00 | $600.00 | |
| 1860 | $14.00 | $10.50 | $270.00 | $200.00 | |
| 1861 | $29.00 | $20.00 | $290.00 | $220.00 | |
| 1862 | $10.00 | $8.00 | $200.00 | $150.00 | |
| 1863 | $10.00 | $8.00 | $220.00 | $170.00 | |
| 1864 | $20.00 | $12.00 | $300.00 | $220.00 | |
| Bronze | |||||
| 1864 No together on Ribbon | $12.00 | $10.00 | $250.00 | $200.00 | |
| 1864 l on Ribbon | $80.00 | $55.00 | $460.00 | $330.00 | |
| 1865 | $12.00 | $8.00 | $120.00 | $90.00 | |
| 1866 | $52.00 | $30.00 | $310.00 | $240.00 | |
| 1867 | $60.00 | $37.00 | $300.00 | $220.00 | |
| 1868 | $55.00 | $40.00 | $310.00 | $220.00 | |
| 1869 | $150.00 | $110.00 | $810.00 | $700.00 | |
| 1869 9 over 9* | $250.00 | $140.00 | $1,000.00 | $700.00 | |
| 1870 | $120.00 | $80.00 | $580.00 | $440.00 | |
| 1871 | $130.00 | $80.00 | $660.00 | $510.00 | |
| 1872 | $180.00 | $100.00 | $900.00 | $600.00 | |
| 1873 open up 3 | $34.00 | $21.00 | $300.00 | $230.00 | |
| 1873 closeup of the door 3 | $38.00 | $23.00 | $420.00 | $320.00 | |
| 1873 Dbl LIBERTY* | $450.00 | $360.00 | $10,200.00 | $8,000.00 | |
| 1874 | $24.00 | $14.00 | $220.00 | $160.00 | |
| 1875 | $28.00 | $17.00 | $240.00 | $180.00 | |
| 1876 | $44.00 | $26.00 | $330.00 | $230.00 | |
| 1877 * | $700.00 | $500.00 | $4,800.00 | $3,500.00 | |
| 1878 | $41.00 | $25.00 | $320.00 | $230.00 | |
| 1879 | $10.00 | $7.00 | $110.00 | $80.00 | |
| Date & Mint | Circ. Buy | Circ. Sell | Unc. Buy | Unc. Sell | |
| 1880 | $10.00 | $7.00 | $100.00 | $70.00 | |
| 1881 | $8.00 | $5.00 | $68.00 | $49.00 | |
| 1882 | $8.00 | $5.00 | $72.00 | $56.00 | |
| 1883 | $8.00 | $5.00 | $68.00 | $50.00 | |
| 1884 | $8.00 | $5.00 | $90.00 | $70.00 | |
| 1885 | $8.00 | $5.00 | $140.00 | $110.00 | |
| 1886 kind I | $8.00 | $5.00 | $240.00 | $170.00 | |
| 1886 form II | $8.50 | $5.00 | $390.00 | $280.00 | |
| 1887 | $8.00 | $5.00 | $72.00 | $53.00 | |
| 1888 | $8.00 | $5.00 | $110.00 | $80.00 | |
| 1888 8 end 7* | $4,000.00 | $3,500.00 | $35,000.00 | $30,000.00 | |
| 1889 | $8.00 | $5.00 | $54.00 | $42.00 | |
| 1890 | $8.00 | $5.00 | $61.00 | $47.00 | |
| 1891 | $8.00 | $5.00 | $54.00 | $43.00 | |
| 1892 | $8.00 | $5.00 | $56.00 | $43.00 | |
| 1893 | $8.00 | $5.00 | $51.00 | $39.00 | |
| 1894 | $8.00 | $5.00 | $90.00 | $70.00 | |
| 1895 | $8.00 | $5.00 | $49.00 | $36.00 | |
| 1896 | $8.00 | $5.00 | $48.00 | $34.00 | |
| 1897 | $8.00 | $5.00 | $46.00 | $34.00 | |
| 1898 | $8.00 | $5.00 | $50.00 | $38.00 | |
| 1899 | $8.00 | $5.00 | $44.00 | $32.00 | |
| Date & Mint | Circ. Buy | Circ. Sell | Unc. Buy | Unc. Sell | |
| 1900 | $8.00 | $5.00 | $45.00 | $33.00 | |
| 1901 | $8.00 | $5.00 | $33.00 | $26.00 | |
| 1902 | $8.00 | $5.00 | $39.00 | $30.00 | |
| 1903 | $7.00 | $4.50 | $34.00 | $26.00 | |
| 1904 | $7.00 | $4.50 | $33.00 | $24.00 | |
| 1905 | $7.00 | $4.50 | $34.00 | $26.00 | |
| 1906 | $7.00 | $4.50 | $32.00 | $23.00 | |
| 1907 | $7.00 | $4.50 | $35.00 | $26.00 | |
| 1908 | $7.00 | $4.50 | $32.00 | $24.00 | |
| 1908 S | $80.00 | $40.00 | $290.00 | $230.00 | |
| 1909 | $7.00 | $4.50 | $42.00 | $30.00 | |
| 1909 S * | $410.00 | $250.00 | $1,000.00 | $800.00 | |
| CompleteDate-Mint Set | $2,500.00 | $1,600.00 | $14,000.00 | $10,500.00 | |
| CompleteDate Set | $2,100.00 | $1,300.00 | $12,500.00 | $9,500.00 |
* = Click here for much more detailed details on these Indian Head Penny an essential Dates, Rarities, and also Varieties
Please note: You cannot increase a coin's worth by cleaning it. In fact, cleaned coins are worth substantially less and coin dealers have the right to spot a cleaned coin immediately. Therefore, never clean her coins.