The Indian Head penny, originally minted from 1859 to 1909, is highly coveted by collectors due to its distinctive design and historical significance. These coins, which were designed by James Barton Longacre, the former chief engraver of the Philadelphia Mint, continue to be of great value in today’s auction market.
Among the coins in this series, there are several specimens that can fetch impressive prices, depending on factors such as their condition and unique minting details.
Rare Indian Head Coins from 1859-1909
1. 1870 Indian Head Cent (Shallow N)
A key coin in this series, the 1870 Indian Head cent with a shallow “N” on the reverse, is highly valuable. A coin in good condition can fetch anywhere between $109 to $1,003 in the auction market, with those in mint condition being the most prized by collectors.
2. 1871 Indian Head Cent (Shallow N)
The 1871 edition of the Indian Head cent also features the shallow “N” on the reverse. This minting detail makes it a collector’s gem, with specimens in good condition worth up to $1,000. Collectors seek these coins for their historical accuracy and rarity.
3. 1860 Indian Head Cent
The 1860 Indian Head penny is another highly valued piece from this series. Known for its clean design and relatively low mintage, it can fetch up to $1,106 depending on its condition. Its scarcity in high grades makes it particularly sought after in coin auctions.
4. 1869 Indian Head Cent (9 over 9)
The 1869 Indian Head cent is a remarkable piece due to a minting error where the last digit of the year was doubled.
This minting flaw increases its value significantly, with some coins being auctioned for as much as $1,200. This error makes it an intriguing addition to any coin collection.
5. 1872 Indian Head Cent (Shallow N)
Similar to the 1870 and 1871 coins, the 1872 Indian Head cent features a shallow “N” in the reverse script. This engraving anomaly adds to the coin’s rarity and value, with coins reaching up to $1,300 at auction. Its uniqueness is what drives its high demand among collectors.
6. 1861 Indian Head Cent (Proof)
For those interested in proof coins, the 1861 Indian Head cent is highly prized. Known for its exceptional detail and finish, proof versions of this coin can command prices of up to $1,600. These coins are especially valuable to collectors who focus on high-quality specimens.
7. 1859 Indian Head Cent (Laurel Wreath Reverse Without Shield)
One of the most notable pieces from the series, the 1859 Indian Head cent, is distinguished by its laurel wreath reverse without a shield.
This particular feature makes it unique, and as such, coins in good condition can be worth up to $1,700 in the auction market. The absence of the shield makes this coin a rare find for collectors.
| Year | Coin Type | Minting Error Details | Price Range | Condition |
|---|---|---|---|---|
| 1870 | Indian Head Cent (Shallow N) | Shallow “N” on the reverse | $109-$1,003 | Good to Uncirculated |
| 1871 | Indian Head Cent (Shallow N) | Shallow “N” on the reverse | Up to $1,000 | Mint Condition |
| 1860 | Indian Head Cent | Standard design | Up to $1,106 | Excellent Condition |
| 1869 | Indian Head Cent (9 over 9) | Doubling of last digit (9) | Up to $1,200 | High-Quality Finish |
These rare Indian Head coins from 1859 to 1909 continue to excite collectors with their historical value and distinctive minting flaws. Whether you’re a seasoned numismatist or a beginner, these coins offer a valuable addition to any collection.
FAQs
1. What makes Indian Head pennies from 1859-1909 so valuable?
Indian Head pennies are valuable due to their historical significance, unique design, and the presence of rare minting errors. Coins with distinctive features or imperfections tend to fetch higher prices at auctions.
How do I know if my Indian Head coin is valuable?
The value of your coin depends on factors such as its year, condition, and any minting errors it may have. Coins in excellent condition or those with rare features can be worth significantly more.
Where can I sell my Indian Head coins?
Indian Head coins can be sold at major auction houses, through online marketplaces, or to specialized coin dealers. It’s recommended to get your coins appraised before selling.
Are there any Indian Head pennies worth more than $1,000?
Yes, certain Indian Head pennies, especially those with minting errors or those in mint condition, can be worth significantly more than $1,000. Some pieces from this series have sold for as much as $38,000.
What is the significance of the “Shallow N” in some Indian Head coins?
The “Shallow N” is a minting flaw found on certain Indian Head pennies from the years 1870, 1871, and 1872. This anomaly makes these coins rare and highly sought after by collectors.
