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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.
The over mint mark is created when a one date and mint mark is punched over another date, part of a date, or mint mark. These coins are generally restricted to the early minting process of coins dating before the turn of the century. The DDO and DDR errors are related to any part of the coin that shows a distinct doubling.
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]
No need to pinch pennies when it comes to this coin. When Don Lutes Jr. was just 16 years old, he discovered a rare Lincoln penny among his lunch money change while getting food at his ...
The penny, also known as the cent, is a coin in the United States representing one-hundredth of a dollar.It has been the lowest face-value physical unit of U.S. currency since the abolition of the half-cent in 1857 (the abstract mill, which has never been minted, equal to a tenth of a cent, continues to see limited use in the fields of taxation and finance).
Matron Head large cent, 1816–1839 (Copper except as noted) Year Mint Mintage Comments 1816 (P) 2,820,982 1817 (P) 3,948,400 (P) 5 Proof 1818
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The coin was initially composed of 75% silver and 25% copper to ensure that the coin would be considered real currency yet not worth melting down for the silver. [1] The coins were physically the lightest-weight coins ever minted by the United States, weighing only 0.8 grams and with a diameter smaller than a modern dime and only slightly ...