The first of two very high quality Mint State 66 Red pennies.
Some experts including Richard Snow think that only around 200,000 were created as opposed to 852,500 due to the lifespan of a single die. All 1877 cents that weren't proof's were struck from the same die. You may notice a shallow N in the word ONE. There are only thought to be 10 examples of the Snow-PR2 that are known. This is also a Snow-PR2 variety which contains the obverse die line on Liberty's neck just under her ear. It's another high value coin from the Norweb collection and the finest of the only two Cameos certified. This rarity last changed hands on 7th August 2014 for $141,000. On the obverse you can also see a small dark spot on the left hand side of the letter C of CENT. You can see that the number 8 and number 6 have been similarly repunched also. The second punching sits just slightly Southeast of the underlying first punch. If you look at it under a microscope, you will notice that the number 4 in the date has been repunched. It went for $138,000 on 6th june, 2002, however years later on 27th September 2013, it was resold for $123,375. There is only one of these coins known to exist with the die pairing that was used to strike it.ĭie pairing 3 or Snow-PR3, after the numismatist who discovered it, has been used to create this unique Indian Head cent. It is surprising that it isn't worth more due to its originality. The original design chosen by the US Mint Director at the time, James Ross Snowden, was a laurel wreath. On the reverse is an oak wreath with a small shield above.
Some people initially thought the mystery woman was James Longacre's daughter wearing an Native American headdress. The obverse appears to show an Native American, however it is actually the image of Lady Liberty wearing an Indian headdress. Indian Head Penny Values At A GlanceĪs large cent coins were being phased out by the Flying Eagle Cent and now the Indian Cent, the copper coins produced by the United States mint were much smaller and lighter in color than the previous large cents. The bronze colored coins are made from a metal composition of 95% Copper and 5% Tin & Zinc. None of the copper coins minted in San Francisco made it into the top 10. These coins were designed by the engraver James Barton Longacre and they all weigh approximately 3.11 grams and are 19mm in diameter.Īll of the rare Indian Head cents were minted in Philadelphia and have no mint mark. They all sold at auction to coin collectors for record prices. These US one cent pieces from the dates 1859-1909 are known as Indian Head pennies and succeeded the earlier Flying Eagle penny. And How Much They’re Worth Today (Most Are Worth $500+)ĭid you know that the top 10 most valuable and rare Indian Head pennies all add up to a value of around $1,500,000?
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