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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. It was designed by James Barton Longacre, the Chief Engraver at the Philadelphia Mint. From 1793 to 1857, the cent was a copper coin about the size of a half dollar.
Many of the tokens were cent-sized, but thinner and made of bronze. Mint authorities took notice that these metal pieces were successfully circulating, and obtained legislation for a bronze cent. Longacre's Indian head design continued in its place with the new metal; later in 1864 he engraved his initial "L" in the headdress.
8. 1864 Indian Head Penny “L” on Ribbon — $161,000. After Flying Eagle Cent was minted, the federal government transitioned to the Indian Head Penny in 1864. Like VDB, who struck his ...
The penny, also known as the cent, is a coin in the United States representing one-hundredth of a dollar.It has been the lowest face-value physical unit of U.S. currency since the abolition of the half-cent in 1857 (the abstract mill, which has never been minted, equal to a tenth of a cent, continues to see limited use in the fields of taxation and finance).
1909-S Indian Head Penny. Lastly, the 1909-S Indian Head penny is seeing a rise in collectors’ interest. This penny is very beautiful, and with only 300,000 minted so far, it is a popular coin ...
It may be time to dig out that old piggy bank and see if you’ve got a fortune stashed away.