With the 1877 Indian Head cent, the most important diagnostic feature appears on the reverse. On a genuine coin, the bottom right of the N in ONE and the top left of the N in CENT should be much weaker than the rest of the denomination.
How much is my 1877 Indian head penny worth?
CoinTrackers.com has estimated the 1877 Indian Head Penny value at an average of $500.00, one in certified mint state (MS+) could be worth $3,200.
Why is the 1877 Indian head penny rare?
Relatively few cents were issued in 1877 because the Mint had a sufficient supply of older cents in storage to meet reduced demand for coinage that year, due to soft economic conditions that began four years earlier.
When did the 1877 Indian Head penny come out?
1877 Indian Head Cent KEY DATE. Rough shape but super rare! 1877 Indian Head Cent. PCGS AG Detail. Slab, says damage, but I find none P D S FLYING EAGLE INDIAN HEAD PENNY CENT US COINS COMPLETE SET WHITMAN 1877!!!
Is the 1877 Indian Head cent a counterfeit?
As you can see from the photo above, the counterfeit 1877 Indian Head Cent is a poor imitation of the genuine coin. Of particular interest is the odd appearance of the lettering in the words “UNITED STATES OF AMERICA.” While it is crisp and easy to read on the genuine example, it almost looks as if it were applied with a stencil on the counterfeit.
Which is the most important Indian Head coin?
The 1877 Indian Head Cent is considered by most collectors to be the most important date in the popular Indian Head series. The 1877 Indian Head Cent is one of the best known rare coins in all of numismatics, but surprisngly, it falls below the overall average of the Rare Coin Values Index.
When was the first Indian Head cent made?
The Indian Head Cent, which debuted in 1859, averaged a mintage of 18 million annually, until 1877, when production suddenly declined to only 852,000.
