Value Of Indian Head Pennies By Year Chart
Indian Head Pennies are a fascinating piece of American history. They were minted from 1859 to 1909 and are highly sought after by collectors. The value of these coins varies greatly depending on the year they were minted, their condition, and other factors. In this article, we will explore the value of Indian Head Pennies by year and provide a chart to help you determine the worth of your coin collection.
1859
The first Indian Head Penny was minted in 1859. It features an image of Lady Liberty wearing a headdress with the words "United States of America" and the year of minting on the front. The reverse side has a wreath and the words "One Cent."
The value of an 1859 Indian Head Penny can vary greatly depending on its condition. A coin in poor condition may be worth only a few dollars, while a coin in excellent condition could be worth several thousand dollars.
1860-1864
The Indian Head Penny minted from 1860 to 1864 is similar to the 1859 coin. The main difference is the composition of the coin. Early coins were made of 88% copper and 12% nickel, while later coins were made of 95% copper and 5% tin and zinc.
The value of these coins depends on a variety of factors, including the year of minting, condition, and rarity. An 1864 Indian Head Penny in excellent condition could be worth several thousand dollars.
1865-1868
In 1865, the composition of the Indian Head Penny changed again. Coins minted from 1865 to 1868 were made of 95% copper and 5% tin and zinc. These coins are less rare than some of the earlier coins, but they can still be valuable.
An 1865 Indian Head Penny in excellent condition is worth around $200, while an 1868 coin in the same condition could be worth as much as $2,000.
1869-1879
Coins minted from 1869 to 1879 are some of the most common Indian Head Pennies. They are still valuable, but they are not as rare as some of the earlier coins. The value of these coins depends on their condition and other factors.
An 1877 Indian Head Penny in excellent condition is worth around $100, while an 1869 coin in the same condition could be worth as much as $1,000.
1880-1899
Coins minted from 1880 to 1899 are also quite common. However, they can still be valuable depending on their condition and other factors. Some of the more rare coins from this period can be worth thousands of dollars.
An 1886 Indian Head Penny in excellent condition is worth around $400, while an 1897 coin in the same condition could be worth as much as $4,000.
1900-1909
The last Indian Head Pennies were minted from 1900 to 1909. These coins are some of the most common and least valuable Indian Head Pennies. However, some of the rarer coins from this period can still be worth quite a bit of money.
An 1904 Indian Head Penny in excellent condition is worth around $50, while an 1909 coin in the same condition could be worth as much as $2,000.
Conclusion
As you can see, the value of Indian Head Pennies varies greatly depending on the year they were minted, their condition, and other factors. If you have a collection of Indian Head Pennies, it is important to have them appraised by a professional to determine their value.
Whether you are a collector or just interested in American history, Indian Head Pennies are a fascinating piece of our past. They provide a glimpse into a time when our country was still young and growing. By understanding the value of these coins, we can appreciate their historical significance even more.