How much is an Indian Head penny worth today?

In average condition, it’s worth about $50, but uncirculated mint condition coins are worth over $400.

What was before the Indian Head penny?

Flying Eagle penny
Indian Head Cent (1859 – 1909) The Indian cent was first introduced in 1859, and replaced the Flying Eagle penny, with a design that lasted for fifty years, spanning through 1909. Mint Director James Ross Snowden selected the Indian Head design, and Mint Chief Engraver, James Barton Longacre, designed the coin.

What is a 1909 Indian Head penny worth?

When did the Indian Head penny go into circulation?

These pennies date back to a time when only large cent coins were in circulation. The Indian head penny first went into production in 1793. Sadly, there were problems along the way that put a stop to the production. For instance, the United States government decided that only gold and silver should be eligible as legal tender.

Where is the mint mark on an Indian Head penny?

S. Located below the wreath on the reverse. Philadelphia Mint specimens struck without mint mark. Liberty with head dress. 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.

When did they stop making the Indian Head cent?

With the advent of coin-operated machines in the late 19th and early 20th centuries, even more cents were produced, reaching 100 million for the first time in 1907. In 1909, the Indian Head cent was replaced by the Lincoln cent, designed by Victor D. Brenner . The half-dollar-sized large cent was struck from 1793 to 1857.

How big is an Indian Head penny in grams?

Although it is technically considered a “pattern coin” is sometimes included in a complete collection of Flying Eagle and Indian Head pennies. The Indian Head penny was introduced in 1859 with a composition of 88 percent copper and 12 percent nickel and a diameter of 19 mm and a weight of 4.67 grams.