Which Indian Head pennies are valuable?
The most valuable Indian Head Penny is the one that has a date of 1877. Nevertheless, they’re all valuable in their own right and any collector would be lucky to have one.
How much is Indian head penny worth?
Indian Head Penny Values
| DATE | GOOD | UNCIRCULATED |
|---|---|---|
| 1859 Indian Head Penny | $15 | $200 |
| 1860 Indian Head Penny | $10 | $100 |
| 1861 Indian Head Penny | $25 | $175 |
| 1862 Indian Head Penny | $10 | $75 |
What year of penny is worth the most?
1943
1943 Bronze Lincoln “The most valuable Lincoln cent sold privately in 2010 for $1.7 million,” said Stone.
Are old Indian head pennies worth anything?
Since the bronze composite 1877 Indian Head Penny is so hard to come by, it’s in the top five of the most valuable Indian Head pennies. A good quality penny is worth $1,003, while a proof coin is worth nearly $3,000. If you somehow have a brilliant uncirculated mint condition copy, expect to earn $5,000.
What was the composition of the first Indian Penny?
Production problems limited the coin to only two years. The Indian Head penny was introduced and 1859 with a composition of 88% copper and 12% nickel and a diameter of 19 mm and a weight of 4.67 grams. In 1864 the composition was changed to 95% copper and 5% tin with a reduced weight of 3.11 grams.
What is the story behind the Indian Penny?
Indian Head Penny Design The design of the Indian Head Penny was the brainchild of James Longacre, the acting engraver of the US Mint. In a letter to the director of the US Mint James Snowden, Longacre made his case for his newly incepted design by saying:
What is the most expensive Indian Head penny?
These are the coins that are not only the most sought after, they are also the most expensive. Indian Head Penny DATE GOOD FINE EXTREMELY FINE UNCIRCULATED 1859 Indian Head Penny $15 $25 $110 $200 1860 Indian Head Penny $10 $20 $65 $100 1861 Indian Head Penny $25 $45 $110 $175 1862 Indian Head Penny $10 $20 $50 $75 1863 Indian Head Penny $10 $20
Where do you find the mint mark on an Indian Penny?
Indian Head pennies were produced at two different mints: Philadelphia (no mint mark), and San Francisco ( S ). The mint mark is located on the reverse of the coin, just below the wreath. The buy price is what you can expect to pay to a dealer to purchase the coin.