Are indian head pennies worth anything

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JavaScript seems to be disabled in your browser. For the best experience on our site, be sure to turn on Javascript in your browser. Indian head pennies are almost as old as the United States. The U. Mint , established in , has a rich history of producing coins for circulation within the United States. While it did engage in producing coins for other countries in the past, since , the U.

Are indian head pennies worth anything

If you have some really old pennies you've inherited or found in your attic, they are definitely worth looking at in more detail. Some feature the profile of a Native American, and some of the most valuable Indian head pennies are worth thousands of dollars. Made between and , some of these coins were fairly rare even when they were first minted. Others are rare now because so few survive, especially in good condition. Some of the designs were so delicate and detailed that the intricacies of the pattern wore off quickly during circulation. A few of the rarest Indian head cents are even minting mistakes that have fascinating stories and show the human error element that's a part of minting coins. In coin collecting, value and rarity are closely linked. Some pennies are very rare in good condition, and some were rare to start out. This quick-reference chart can help you see the most valuable Indian head penny list at a glance. There are five known Indian head cents that were struck on gold planchets instead of copper , all dating to the early s.

Now it's getting exciting. Source During the American Civil War, demand for nickel increased dramatically to be used in the war efforts.

What can you buy for a penny these days? Absolutely nothing. Since most sellers now take cards, almost all coins, let alone old pennies, end up in forgotten jars or at the bottoms of purses. If you're thinking about doing away with pennies altogether, though, triple-check that you don't have a rare one because those can go for up to 38, times their original value. With quite a taboo name, Indian Head pennies, aka Indian Head cents, are some of the most expensive pennies to date.

What can you buy for a penny these days? Absolutely nothing. Since most sellers now take cards, almost all coins, let alone old pennies, end up in forgotten jars or at the bottoms of purses. If you're thinking about doing away with pennies altogether, though, triple-check that you don't have a rare one because those can go for up to 38, times their original value. With quite a taboo name, Indian Head pennies, aka Indian Head cents, are some of the most expensive pennies to date. That's because these rare coins were only produced by the U. Bureau of the Mint from to

Are indian head pennies worth anything

Identify Indian penny values on the chart by following three important steps. Early years through are especially sought by collectors in nice condition - grade. The following chart shows a wide range of values. Spotting key, valuable dates followed by an accurate judgement of their condition assures you don't miss any highly sought Indian cents.

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In the aftermath of the Civil War and the economic upheaval it caused, the US Mint began reissuing old pennies rather than minting new ones. Although many of these may have been made and destroyed after being discovered, this one example somehow slipped through and was discovered in Weekly Deals New Reductions. Composition In , though, with the increased production costs for the cent and the half-cent, the US Mint rushed to look for alternatives and discontinued the half-cent altogether. Therefore, a rare Indian Penny in uncirculated condition will reach higher figures, while a circulated one with more prominent wear marks could be found at low prices. Throughout its storied history, the US Mint has created many different types of coins at different points in time. This rare Indian Head penny has no mint mark or defining features. Minted in Philadelphia, this rare Indian Head Penny is made with 88 percent copper and 12 percent nickel. These coins were minted just prior to the Civil War and continued being produced until shortly after the turn of the 20th century. March 04, Contact us. Log In. In , the laurel wreath on the reverse of the coin changed to an oak wreath and shield. Reset Your Password. I agree to receive email communications from LoveToKnow.

If you have some really old pennies you've inherited or found in your attic, they are definitely worth looking at in more detail. Some feature the profile of a Native American, and some of the most valuable Indian head pennies are worth thousands of dollars.

The surfaces are nearly impeccable. Some of the most valuable pennies are rare because of occasional defects, but the S Indian Head Cent is rare because few copies were minted in the first place. But beyond the historical inaccuracy, the Indian head pennies were issued when the native americans had to leave their ancestors' lands. See what pennies are made of nowadays. Create An Account Track an Order? The chart below will give you a good idea of how much you will pay for a coin of a certain grade. Longacre himself stated that he modeled the features of Liberty after a statue of "Crouching Venus", a statue in Philadelphia that was on loan from the Vatican. Condition is a huge factor in coin values, so if you have an Indian head penny in great shape, it is likely worth something. In the late s and early s, the discovery of gold in California led to an inflation in other precious metals, including copper. Or Return to Log in. Your Password.