Value of 1905 indian head penny

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.

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. With auctions, coins may sell for abnormally low prices or reach record highs, and this can mean coin values fluctuate from month to month as those numbers update. It can also mean that coins for sale on APMEX may be priced a little higher or lower than the coin value shown here. Call Us

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 However, many of the s and s issues are scarce in all grades, with the Indian cent the serving as the most popular key date with a mintage of only , pieces. However, the cent is not the lowest-mintage Indian cent. That claim goes to the S Indian cent, which has a mintage of just , pieces and is only the second mintmarked issue in the series. The S Indian cent, which was the first mintmarked cent, is the third-scarcest regular-issue in the series with a mintage of 1,, Show More Hide More.

In "good" condition enough of the design and a bold date remain to easily recognize. Read more about collecting American pennies from the numismatic experts at Gainesville Coins:. Call Us

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.

When Christopher Columbus first landed on the Caribbean Islands, he thought they were a new side of India, so he called them the West Indies. The term is derogatory today, but Indian Head pennies are meant to honor them. But keep in mind that coin sales are seasonal. The price shifts according to rarity and demand. If you sell your coin during a historical milestone or anniversary year, you earn higher profits. These include its designer, metal composition, origin, minting location, and even a little trivia about American currency in general. People who study coins, tokens, and medals are called numismatists and their field is numismatics. They refer to the front or heads side of a coin as its obverse and the tails side as its reverse.

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.

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Longacre Years in Production Good: Heavy wear has reduced the portrait to almost a flat silhouette. The Indian Head penny was minted from to Today in the collectors market pennies are abundant in average circulated condition. There are only five of these coins known to exist. Your box of old coins has never been as valuable. Today many advanced collectors are pursuing Indian pennies and rare dates are rapidly moving higher in value. Very rare are coins in the same condition as when first leaving the mint. Privacy Policy. This makes the a very common coin. There are many minor Indian Head cent varieties. That claim goes to the S Indian cent, which has a mintage of just , pieces and is only the second mintmarked issue in the series. All Rights Reserved. The home page is an excellent index, quickly leading to the major coin series.

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.

This penny despite its age is in like new condition and rising to the high end of Indian head penny value. This makes the a very common coin. An important step in preparing for selling and finding coin buyers. Minting imparts a certain grain to the surfaces of coins, wear can appear as a somewhat glossy or smooth sheen and sometimes with dullness to the area. An Indian penny showing no signs of wear to its surface is known as "uncirculated" condition. Today many advanced collectors are pursuing Indian pennies and rare dates are rapidly moving higher in value. With a magnifying glass examine her cheek and the tips of the feathers for wear. Table of contents. The value of an Indian Penny is Accept all cookies.