Value of 1905 indian head penny

Market estimates never seem to match retail prices. Why is that? Retail pricing considers market rates, historical sales data, inventory levels, competitive analysis, the cost to acquire the coin, expert research by trained numismatists, and much more. The market value in our calculations also accounts for sales in the marketplace from outside APMEX, which can include auction values.

The Indian Head penny was minted from to The Indian Head penny had the 5th largest mintage of the series at 80,, This makes the a very common coin. Coins are graded on a point scale, where 1 is so worn as to be almost unidentifiable, and 70 is perfect, with no damage or blemishes visible even under magnification. Proof coins are made from specially prepared dies and deeply struck one at a time.

Value of 1905 indian head penny

Longacre and released in as a replacement for the Flying Eagle motif, which debuted in and became the nation's first small cent. Interestingly, the Indian cent name is a misnomer, as the female figure on the coin's obverse is not a Native American but rather a Caucasian figure of Miss Liberty wearing a feathered headdress meant to depict, if inaccurately, a style of head adornment similar to those worn by some native peoples. The Indian Head "penny" was minted until , spanning some 50 years and becoming what was then one of the America's longest-running coin series, along with the contemporary Liberty Seated motif that ran on most of the nation? During that time, the Indian Head cent series spawned a plethora of semi-keys, a least one key, and many varieties. The Indian cent is a one-year-only type, serving as the only issue without a shield depicted on the reverse. The wreath was modified and a shield added to the reverse in , and in came a variety of changes to the series. In , the cent? There were two compositions used that year, with some cents made with the copper-nickel composition and others composed of bronze. Furthermore, some bronze Indian cents bear an "L" Longacre's initial on a ribbon near the bottom of Miss Liberty's headdress. The coin's design and composition remained virtually unchanged after

Some off-center strikes can have deformed coin blanks and just a small portion of the coin design present. About Contact.

It is among the to years, forming a popular sub-set of collectible Indian pennies. Today in the collectors market pennies are abundant in average circulated condition. However, nicer preserved coins with greater detail are far less available and realized by collectors. Examine your coin, is the word "Liberty" visible within the headband? If all letters are readable your Indian head penny value doubles.

However, because of strong collector demand it is becoming a valuable collectible. Have a look at the value charts then compare your penny with the condition "grading" images below to find accurately how much your Indian penny is worth. In the hobby these old pennies are some of the most sought after. They were never used. Only through a close examination of your coin, by comparing it side by side to the grading examples allows the discovery of its true value potential. Small differences, for example, the ribbon crossing her, if well defined with the center diamonds visible confirms a better condition and higher value. Unlikely to happen and very rare, but there it is, a Indian penny still in the original condition it left the mint. Bright gold and red copper, lustrous and complete on both obverse and reverse. Further more, the coin was protected from contact with other pennies leaving the surfaces free of any significant marks.

Value of 1905 indian head penny

Condition determines your Indian head penny value. Hopefully some of the finer details remain on the coin, if so, your old penny is increasingly worth more to collectors. Pictured is an "uncirculated" Indian penny and because of its like new condition it displays all of the original detail. Collectors and dealers search for these top quality examples and because of their rarity are highly valued. Your coin may not be uncirculated, without wear, but nice examples with ample detail remaining are welcomed to many collections. After a first look at the value chart see the descriptions and "grading" images of Indian pennies below. Vast numbers of these coins have been lost to time and heavy use.

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Furthermore, some bronze Indian cents bear an "L" Longacre's initial on a ribbon near the bottom of Miss Liberty's headdress. The headband and hair above the eye are no longer separated, hair curls along her neck and ribbon are merged. Solid Indian head penny value, very collectible despite its worn appearance. Pictured is a penny taking the term to a different level. Red coins have almost all their original luster present. From the Greysheet Marketplace. Many hundreds or even thousands of coins with the same variety defect can be minted before the mistake is noticed. Today in the collectors market pennies are abundant in average circulated condition. The penny within the to sub set is also on the move. Steven Cochran. When a coin of this gem quality is offered in the market it is likely in an auction setting.

The Indian Head penny value was significant at the beginning of the 20th century since working-class Americans worked for 10 cents per hour only 50 years earlier.

Read more about collecting American pennies from the numismatic experts at Gainesville Coins:. Lettering and date is bold. Many hundreds or even thousands of coins with the same variety defect can be minted before the mistake is noticed. From Cents to Gold. The market value in our calculations also accounts for sales in the marketplace from outside APMEX, which can include auction values. The wreath was modified and a shield added to the reverse in , and in came a variety of changes to the series. Compare All. A top quality example is pictured to the right. An important step in preparing for selling and finding coin buyers. Monster Boxes.