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The Indian Head cent, also known as an Indian Head penny, was a one-cent coin ($0.01) produced by the United States Bureau of the Mint from 1859 to 1909. It was designed by James Barton Longacre, the Chief Engraver at the Philadelphia Mint. From 1793 to 1857, the cent was a copper coin about the size of a half dollar.
Like other coins, the value of errors is based in part on rarity and condition. In general, lower denomination errors are less expensive than higher denomination errors simply because more such coins are minted resulting in available errors. Due to improvements in production and inspection, modern errors are more rare and this impacts value. [3]
Toggle Indian Head cent subsection. 7.1 Cupronickel Indian cent. 7.2 Bronze Indian cent. 8 Lincoln cents. ... Proof, figure includes five 3 over 2 overdate errors ? >200
8. 1864 Indian Head Penny “L” on Ribbon — $161,000. After Flying Eagle Cent was minted, the federal government transitioned to the Indian Head Penny in 1864. Like VDB, who struck his ...
Many of the tokens were cent-sized, but thinner and made of bronze. Mint authorities took notice that these metal pieces were successfully circulating, and obtained legislation for a bronze cent. Longacre's Indian head design continued in its place with the new metal; later in 1864 he engraved his initial "L" in the headdress.
The AM letters are either touching or are distinctly apart in some Lincoln cents minted in 1998, 1999, 2000, and perhaps others to be discovered. Normally, the wide AM design is reserved for the Lincoln proof designs. Below is a photograph of a wide AM Lincoln cent. 1970-D Jefferson nickel High D 1970-D Jefferson nickel Low D Lincoln Cent Wide ...
Cents are also searched for older designs such as copper wheat cents (1909–1958, made out of zinc plated steel in 1943), Indian head cents (1859–1909), and errors and varieties such as doubled dies and close and wide “AM” cents. Some searchers also save copper memorial Lincoln cents (1959–1982) for their growing value as copper bullion.
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