pictures of indian head pennies

pictureIndian Head pennies are not a common coin, but they can be incredibly valuable. A worn, chipped or distorted Indian head can raise its price considerably, making them a popular choice for coin collectors. The roundness of the Liberty face also determines the coin’s value. Depending on the condition, you can buy an Indian head penny for as little as $3 or as much as $30.

The Indian Head Penny was minted for the first time in 1859 and depicts Lady Liberty wearing an Indian headdress. Longacre based the design on a drawing of his daughter Sarah wearing a traditional Native American headdress. Sarah was twelve years old at the time. A delegation of Indian Chiefs visited the U.S. Mint to see the new design for this coin. The new design has become a symbol of unity, civic glory, and the power of the people.

The Indian Head penny was minted in San Francisco between 1856 and 1859 and was made from 95 percent copper and five percent tin. Both the obverse and reverse were designed by James B. Longacre. The coin market for Indian Head pennies is very active, and most dealers will pay top dollar for a nice specimen. Those interested in learning about this coin will want to find out more about the history of this important American coin.

The value of an 1877 Indian head penny isn’t affected by the price of precious metal. A 1907 MS 67+ RD Indian head penny, for instance, recently sold for a record-breaking $63,000. However, the coin doesn’t have any valuable key dates or rarities that will make it a desirable collectible. Its price can rise as high as $20 or $30 in uncirculated condition. However, the value of these coins depends on the condition and market demand.

Collectors of Indian Head coins look at these as a part of American history. While they were produced before the Civil War, they continued to be minted until the turn of the 20th century. Therefore, if you are looking for a coin with an Indian Head, then you’ll want to know more about the style and the dates of the coins you want to collect. The Indian Head penny was the first coin in the United States to feature the head of the American Indian.

A 1906 Indian head penny has an average value of $7, making it a valuable addition to any coin collection. The condition of the coin can determine its price, so you should be persistent and determined to find an item with a high grade. However, don’t worry too much about the price if you don’t find one that is in the top grade. In the end, a high-grade coin will not cost you a fortune.