indian head cent pennies

Indian head cent pennies

By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Like most Indian Head Pennies from the early s, the edition is valuable for no reason other than the fact that so few have indian head cent pennies the years. Unfortunately, so few coins have made it through to today that you will more often than not find the in poor condition.

Widely considered America's most beautiful copper coin, the Indian Head cent debuted in and was struck for half a century until when it was replaced by the Lincoln cent. The coins were issued during an adventurous period in U. Between its renowned design and historical significance, it is easy to see why the Indian Head penny is so highly sought after by collectors. We are proud to offer a large selection of Indian Head pennies for sale, including both bronze and copper-nickel varieties. At Littleton Coin, you can buy Indian Head cents with confidence, knowing each item has been carefully graded by our expert team. Explore single coins and coin sets in a wide variety of years, grades, mint marks and presentations. Minted from through , Indian Head cents have witnessed some of the most dramatic historical changes in American history — the discoveries of rich western gold and silver deposits, the completion of the transcontinental railroad, the industrial development of the country's greatest cities, the advent of the automobile and airplane, and the dawn of the 20th century.

Indian head cent pennies

By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Founded shortly after the founding of the United States itself, the US Mint has long since been producing the coinage of both the US as well as that of other countries too. In the early days, the US Mint was founded in and operated out of Philadelphia, Pennsylvania, but due to the expansive nature of the early United States, additional facilities needed to be constructed. With each new facility came a new identifying mintmark that was added to each coin to show where they were made. Throughout its storied history, the US Mint has created many different types of coins at different points in time. One of the first coin-types ever produced, however, is known as the single cent penny. Pennies were and still are incredibly useful for Americans on a day to day basis and are one of the longest-lasting types of coins produced by the mint. Of all the pennies ever produced, the Indian Head style is one of the most popular, especially for collectors. These coins were minted just prior to the Civil War and continued being produced until shortly after the turn of the 20th century. The following few sections will discuss, in-depth, more about these coins as well as why they are so popular amongst collectors nowadays. The origins of the Indian Head Penny can be traced back to the days when the Large-Cent coin was the only one in circulation. These coins were first minted in , but faced immediate problems seeing as the US government would not allow any metals other than silver and gold to be used as legal tender. Because of this, the Large-Cents were not able to be used to pay taxes or any other government payment.

This caused disquiet among some collectors and dealers who saw rare pieces being devalued, but Snowden made no secret of what he was doing and was undeterred. The Spanish silver was still flowing into the Mint in early and, at Snowden's urging, Congress indian head cent pennies March 3 of that year extended the redemption of these foreign coins, legal tender cimaclub the US untilfor another two years. Frequently Asked Questions.

From to , the cent was a copper coin about the size of a half dollar. The discovery of gold in California caused a large inflation in prices. As gold became more abundant, the price of copper rose. Cent and half-cent manufacture was one of the only profit centers for the Mint and by it began looking for alternatives. The new pieces were identical in diameter to modern cents, though thicker. This was the first use of copper-nickel for United States coins. The copper-nickel made them look brighter and they began to be called "White cent" or "Nicks".

By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Founded shortly after the founding of the United States itself, the US Mint has long since been producing the coinage of both the US as well as that of other countries too. In the early days, the US Mint was founded in and operated out of Philadelphia, Pennsylvania, but due to the expansive nature of the early United States, additional facilities needed to be constructed. With each new facility came a new identifying mintmark that was added to each coin to show where they were made. Throughout its storied history, the US Mint has created many different types of coins at different points in time. One of the first coin-types ever produced, however, is known as the single cent penny. Pennies were and still are incredibly useful for Americans on a day to day basis and are one of the longest-lasting types of coins produced by the mint. Of all the pennies ever produced, the Indian Head style is one of the most popular, especially for collectors. These coins were minted just prior to the Civil War and continued being produced until shortly after the turn of the 20th century.

Indian head cent pennies

Next to the Lincoln penny , the Indian Head Penny is the most popular series of small cents collected by numismatists. Circulated examples are readily found in your favorite coin store or local coin show. A few key coins could stretch your coin collecting budget while you assemble your collection of Indian head pennies. By the cost of making copper coins had risen due to the increased price of copper. In his annual report, Mint Director James Ross Snowden noted that the mint was barely making expenses due to the increased cost of copper used in both half-cent and large-cent coins. As a result, the mint ceased production of half-cent coins and reduced the size and weight of the penny. In a small one-cent coin was introduced featuring a flying eagle on the obverse. Unfortunately, production problems limited the coin to only two years. Since this coin was only produced for two years, it is commonly included in a collection of Indian head one-cent coins. The prototype of the Flying Eagle cent was produced in , and slightly over specimens were minted.

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According to Richard Snow in his guidebook to Flying Eagle and Indian Head cents, this was not due to problems with the "Laurel Wreath" reverse design used in , as full details survive on many extant pieces. As issued for circulation, the pieces differ in some particulars from the pattern cent of similar design; Longacre sharpened some details. New Arrivals Coming Soon. The origins of the Indian Head Penny can be traced back to the days when the Large-Cent coin was the only one in circulation. These tales were apparently extant at the time, as Snowden, writing to Treasury Secretary Howell Cobb in November , denied that the coin was based "on any human features in the Longacre family". Auto Buy Auto Buy Products. The pattern coin had the laurel leaves in the reverse wreath in bunches of five leaves; the issued cent has them in bunches of six. Many citizens had written to the Treasury Department, proposing a Lincoln coin, and Roosevelt was interested in honoring his fellow Republican. All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. Located below the wreath on the reverse. New Arrivals Coming Soon. Coin Info Cents. Billon x Bronze —, patterns struck in Reset Your Password. They were not widely studied until the s; numismatic writer Tom DeLorey, in his introduction to Snow's book, ascribes this to prejudice among numismatists who grew up with the Indian Head cent as a common circulation piece.

From to , the cent was a copper coin about the size of a half dollar. The discovery of gold in California caused a large inflation in prices. As gold became more abundant, the price of copper rose.

Remember Me Forgot Password? New to JM Bullion? Sometime during , Longacre sharpened his design for use in striking the softer bronze pieces, and also added his initial "L". As is the case with almost every Indian Head Penny, the value of the coin will be directly determined by the condition your coin is in. All Rights Reserved. An exception was , when a poor economy and little demand for cents created one of the rarest dates in the series. These coins were first minted in , but faced immediate problems seeing as the US government would not allow any metals other than silver and gold to be used as legal tender. Leach hired him to design a Lincoln cent. Edit Cart. New to JM Bullion? Send Password Reset Email. The discovery of gold in California caused a large inflation in prices. Last Name. Nevertheless, as Snowden admitted in his annual report that year, there were too many cents in circulation. One of the first coin-types ever produced, however, is known as the single cent penny.

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