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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.
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
United States Mint Coin Production; Year 1¢ 5¢ 10¢ 25¢ 50¢ $1 Total coins Value in $ 1887: 45,223,523: 15,260,692: 15,737,679: 10,000: 5,000: 33,611,000: 109,847,894
But keep in mind that a lot of factors determine a penny’s value. First of all, coins that are rare and were minted in smaller quantities may be worth more money decades — or centuries ...
The penny, formally 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).
Their main value as a currency is to help provide exact change, and most wind up in a drawer or jar and quickly forgotten about. ... 1864 Indian Head Penny “L” on Ribbon: $161,000. 1914-D ...
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