Indian Head Penny

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Indian Head Cent: A Great Introduction to Coins

The Indian Head Penny, or Indian Head Cent, has always been a favorite of collectors, especially among boys. Collecting Indian Head Cents is a wonderful way for anyone to enter the hobby of Coin Collecting (Numismatics). Not only is the design distinctive and attractive, the coins are collectable and relatively affordable. The history which occurred while this coin was in production (the Civil War, the Spanish-American War, the assassinations of Presidents, several states entered the union -- lots of exciting stuff) makes the Indian Head Cent a wonderful learning tool. And tracking down Indian Heads can be a lot of fun, too. But it's not just a coin for beginners, many experienced, well-seasoned numismatists are Indian Head Specialists.

History of the Indian Head Penny 

The Indian Head Cent was designed by James Barton Longacre, the engraver at the Philadelphia Mint. It replaced the Flying Eagle Cent (the very first "Small Cent")which was only produced for three years (1856 in limited quantities for mint evaluation--the 1856 coins were never meant for circulation. Actual business strikes only occurred in 1857 and 1858.).
The Indian Head Cent was minted in Philadelphia from 1859 to 1909. In 1908 the San Francisco Mint began producing the coins as well. It continued through the end of production in 1909, when it was replaced by the Lincoln Cent. (The Denver Mint did not start striking pennies until 1911, two years after the Indian Cent left production.)

Indian Head Cents 

The First Year

Look carefully at the coin above. It is the design that was made one year only -- 1859. There were major changes in the design made the very next year.

Indian Head Cents 

Year Two and Beyond

The second year the Indian Head Cent was in production there were changes made in the design. With a few minor changes, this is the design that would be used for the remaining forty nine years the coin would be produced.

Did You Notice the Differences? 

Here Are the Two Designs Side by Side


Oak Leaves replaced he Olive Leaves of he 1859 cent. There was a Shield added to the top of the design. Arrows were added at the bottom. There were even some minor changes in the lettering and spacing.

If you think about what was happening at the time there may be some political significance to the design changes. Slavery was a big issue, with the possibility of secession of the Southern states being raised. The shield is that of the Union...indicating a single country. The arrows and oak leave are both traditionally looked at as symbols that a nation is prepared for war.

What's the Connection? 

The Buffalo Nickel and the Indian Head Penny

Well, they're both United States coins. They were both in curculation during the Twentieth Century (though not at the same time). They both depict Native Americans. But there is something else which links the two coins. Can you figure out what the connection might be?

If You Love Indian Head Cents, You'll Love This Shirt! 

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Is it a Penny or Is it a Cent? 

Never Use the Wrong Word When Talking to a Purist

I was at a coin show recently and started talking about an Indian Head Penny collection. The dealer became almost livid that I used an improper term to refer to a United States coin.
The United States does not have a true Penny. The Penny is a coin which exists primarily in countries which were colonies of Great Britain, and Great Britian itself. Its plural is "Pence" when you are talking about the amount of money, but "Pennies" when you are talking about multiple coins. It was usually the lowest denomination of coin available, although you will find half pennies.
The United States did not mint "Pennies," it minted "Cents" The habit of referring to the lowest denomination coin as a "Penny" stuck with people, and the word came into common usage.
So technically, they are Indian Head Cents, although you will hear people call them "Indian Head Pennies."

The Best Guide to Indian Head Cents 

An adage in the Coin Collecting community is "read the book before you buy the coin." Whether you are a amateur just starting out with Indian Head Cents, or you have an extensive collection, this is an excellent guide to the first two Small Cents, the Flying Eagle Cent and the Indian Head Cent

The Official Red Book: a Guide Book of Indian And Flying Eagle Cents

Amazon Price: $17.95 (as of 12/10/2009)Buy Now
List Price: $17.95
Used Price: $6.99

In A Guide Book of Flying Eagle and Indian Head Cents, author Richard Snow examines the first two coins of the small cent series. Coins are characterized by by date, mintage, collecting challenges, and interesting varieties. The book includes high-quality full-color photographs; yearly production notes; market values in multiple grades, including Brown, Red/Brown, and full Red Mint State; certified population data; and more The book includes an overview of the coins by Q. David Bowers, th "Dean of American Numismatics."

What are the Key Dates to the Indian Head Cent Series? 

Numismatists study coins, coin collecting, and the markets and availability of coins very carefully. Over time they have identified some coins as more difficult to find than others. They call these the "key dates" to a series of coins. The 1877, 1908-S and 1909-S are the key dates to the Indian Head Cents and are always in demand. They frequently demand higher prices than others in the series.

Indian Cents on eBay 

These Are Ending Soon...Look Quick!

Sometimes you can get marvelous coin buys on eBay. Here are some Indian Cent auctions which are ending really soon! Look now, they'll be gone before you know it!

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So What's My Indian Head Worth? 

Coin Reference BookThe value of a coin is based on two factors. The first is how rare the coin is. This is a combination of how many coins were originally minted, and what happened to them. Some are destroyed accidentally. Some have been recalled by the government. Collectors have taken some out of circulation. As a particular type of coin has fewer examples available, it becomes more valuable.

The other factor is the physical condition of a coin. The closer to perfect a specimen is, the more valuable it becomes.

So a rare, perfect coin is much more valuable than a common, worn coin.

The American Numismatic has developed a grading system to describe the condition of a coin. What I will discuss here is coins that have been minted to go into general circulation, released. The conditions of the coins are represented by names, as well as a combination of letters and numbers. I have summarized some general conditions here.

Perfect Uncirculated (MS-70)
This indicates a coin in perfect, new condition. It shows no trace of handling, wear, or contact with other coins.


Gem Uncirculated (MS-65)
This is an above average uncirculated coin. It may be brilliant, or it may be lightly toned. There are very few contact marks either on either surface of the coin or on the rim.


Choice Uncirculated (MS-63)
This coin has some distracting contact marks and/or blemishes in the prime focal areas of one or both surfaces. The luster of the coin may be impaired.


Uncirculated (MS-60)
This coin has no trace of wear, but it may show several contact marks, and the surface of the coin may lack luster, or even be spotted.


Choice About Uncirculated (AU-55)
There is evidence of friction on the high points of the coin's design, but most of the mint luster remains.
A trace of wear on the hair above the ear. There is also a trace of wear on the knot of the bow on the reverse.

About Uncirculated (AU-50)
This coin shows traces of light wear on many of the high points of the coin. At least half of the original mint luster is still present.
Traces of wear on the curl to the right of the ribbon on the reverse.

Choice Extremely Fine (EF-45)
The coin exhibits light overall wear on the highest points of the coin. Some of the original mint luster is still evident. All design details are still very clear and sharp.
Wear is evident on the diamond designs on the ribbon and on the letters in Liberty.

Coin Reference Book
Extremely Fine (EF-40)
There is light wear throughout the design, but all features of the design are still sharp and well-defined. Although not an essential element to the the definition of this grade, some traces of mint luster may still exist.


Choice Very Fine (VF-30)
Light, even wear on the surface and highest parts throughout the design. All major features of the design, as well as al lettering remain sharp.
There are flat spots on the tips of the feathers, the ends of the hair and the ribbon. Although the letters of Liberty are still fairly sharp, there is wear evident. On the coin's reverse, the leaves and bow are still fully detailed, but there is wear evident.

Very Fine (VF-20)
While all major details of the design remain clear, there is moderate wear on high points of the coin's design.
There is considerable wear on the Indian's headdress. About half the details still show on the Indian's hair and on the ribbon. On the reverse, there is wear evident on nthe bow and leaves, but the details remain.

Fine (F-12)
There is moderate to considerable even wear. The design remains bold, and the overall appearance of the coin is still pleasing to the eye.
On the obverse, the ribbon is worn smooth, but the word Liberty is still complete, although worn. On the reverse, the tips of the leaves are worn smooth.

Very Good (VG-8)
The coin is well worn with the main features of the design remaining clear and bold, although they have been worn somewhat flat.
The letters are considerably worn in Liberty. The key to this grade is two letters of the word remaining complete with parts of the other letters remaining.

Good (G-4)
This coin is heavily worn. The design is still visible, but many of the details are flat, and the design is faint in some areas.
Well worn, with little detail remaining.

About Good (AG-3)
This coin is very heavily worn with portions of the lettering, date, and legend have been worn smooth. In many instances, the date is barely readable.


Organize Your Coins 

One of the best things that you can do as a collector is organize your coins, and a Whitman folder is a great way to start. Whitman Coin Folder. Using a folder does several things.
1. The Whitman Indian Head Cents Folder (click here for more information) has a place for one of each type of coin. It allows you to see at a glance what coins you have, and what coins are still missing from your collection.
2. The fact that the coins are well organized makes an attractive display, gives you a sense of pride in the collection.
3. Protection for your coins! Each coin is held firmly in place, so that coin will not rub against coin. No scratches will occur to coin firmly placed in a folder like this, since the coins never come into contact with one another!

Where's the Mint Mark? 

You Haven't Read Anything About Mint Marks Yet -- For Good Reason

The Indian Head Cent was minted exclusively in Philadelphia from 1859 through 1907. At that time the Philadelphia mint didy not place mint marks on coins they made. But in 1908 and 1909 the San Francisco mint also began striking Indian Head Cents. They placed their "S" on the reverse of the coin beneath the wreath.

The Designer's Initial 

It Takes Good Eyes to See, But It's There . . . Sometimes


Typically, United States coinage carries some sort of tribute to the designer of the coin in the form of his initial somewhere in the design. When the Indian Cent was first minted in 1858, there was nothing indicating that James Barton Longacre was the designer.

In 1864 there was a major change in the Indian Cent. The alloy used to produce it was changed to 95% copper and 5% tin and zinc, and the weight of the coins was reduced from 72 grains to 48 grains. The design was sharpened, and Longacre added an L just to the left of the bottom feather in the headdress.

Is it a Cent or is it a Nickel? 

Here's the answer to the nickel question I asked earlier.

Early Indian Head Cent were made up of 88% copper and 12% nickel. At that time there was no such thing as a five-cent nickel coin, so a common name for the Indian Head Cent was the "Nick" or nickel. The Indian Head Cent which contained nickel was minted from 1859 to 1864. The composition was changed to bronze (95% copper and 5% tin and zinc) in 1864. Although there was no longer any nickel in the coin, the nickname stuck.

In 1866 the US Mint began striking the 5-cent "Shield Nickel." Now there was actually a coin containing nickel. Confusion in referring to the penny as a "nick" quickly caused the Indian Head Cent to lose its nickname.

So, although the coins are not really alike in any other way, both the Indian Head Cent and the Buffalo Nickel called "nicks" or "nickels."

Indian Head Penny Jewelry 

The wonderful image on the Indian Cent is almost universally admired. Not only does it make a great collectible coin, it is a striking image on a piece of jewelry as well. Here are some marvelous examples of how you can take your avocation with you everywhere you go! (And get some great compliments too!)

Indian Head Penny 1859 - 1909 Two Tone Coin Golf Ball Marker

Amazon Price: $39.95 (as of 12/10/2009) Buy Now

Colorized Indian Head Penny Dream Catcher Pendant

Amazon Price: $19.95 (as of 12/10/2009) Buy Now

Learn More About Coin Collecting 

Knowledge is Power, And These Books are GREAT!

The more you know about the hobby, the more fun you can have with it. You can learn about how the coins are made and distributed. What makes a coin collectible? What makes one coin more valuable than another? Are all coins the same, or are there differences? You can learn all of these things, and a whole lot more, by simply reading a few books. As a matter of fact, there is a saying in Numismatic circles, "Buy the Book Before You Buy the Coin." It's good advice.

Coin Collecting for Kids

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The Official Red Book: A Guide Book of United States Coins 2009

Amazon Price: $13.45 (as of 12/10/2009) Buy Now

Coin Collecting For Dummies (For Dummies (Sports & Hobbies))

Amazon Price: $14.95 (as of 12/10/2009) Buy Now

Magnifying Glasses--A MUST HAVE for Coin Collectors 

SE Jeweler's Loupe - 30X

Large viewing area...and a 30x lens lets you see fine details of the surface. The downside...a 30x lens may be a little too powerful in that it brings things very, very close and doesn't allow you to look at the coin as a whole.

Amazon Price: $2.75 (as of 12/10/2009) Buy Now

Magnifier, Headband Lighted

I know several dealers who use this style magnifier!

Amazon Price: $8.45 (as of 12/10/2009) Buy Now

Carson SureGrip 2.6x Soft-Grip Magnifier with 10x Spot Lens, with Case

I love this magnifier for kids. Great big handle to hang on, and a stand to look at hands free so you can closely look at your coins...sliding coins in and out to see multiple coins at a single visit. Hint...Don't forget to place a soft cloth under the stand to keep coins from scratching or from dropping on a hard surface and being damaged!

Amazon Price: $12.99 (as of 12/10/2009) Buy Now

Kaiser 3X Sliding Magnifier - Kaiser 202367

I carry a sliding magnifier with me everywhere I go. It is amazing how handy it is and how often I use it. And having a magnifier with you if you happen to see something interesting in pocket change is a bonus!

Amazon Price: $16.95 (as of 12/10/2009) Buy Now

See Your Coins Clearly 

Take Your Coin Collecting Knowledge to a Whole New Level!

When you upgrade from a small 2x handheld magnifying glass to a 5x you are amazed at the difference in the things you can see in your coins. If you are getting into higher quality coins you will be more concerned with things like orignal mint luster, and whether the coins have been cleaned. This is much more visible through a 10x loupe.

BelOMO 20x Quadruplet Loupe Folding Magnifier

Amazon Price: $31.46 (as of 12/10/2009)Buy Now

One collector I know referred to his purchasing a loupe as "opening a whole new world" in his collecting. This magnifier will help you do just that! Compact, yet powerful, this magnifier will let you examine the surface of your coins even more closely! If you are serious about your coins, this is a great buy!

What's a "Four Diamond" Indian Head Cent? 

The Indian on the Obverse of the Indian Cent wears a ribbon bearing the word "Liberty." If you look carefully you will see that on the tail of the ribbon are four diamonds. These diamonds are one of the areas on the Indian Head Cent that are most susceptible to wear. High quality Indian Heads are sometimes referred to based on the number of clearly visible diamonds, the higher the number the better the coin. So you will hear collectors refer to a "two diamond," a "three diamond," or preferably a "four diamond" Indian Head Cent, like the one in the picture.

An Indian Cent Money Clip 

Classy and Classic!

Indian Head Penny (1859 -1909) Two Tone U.S. Coin Hinged Money Clip

Amazon Price: $37.95 (as of 12/10/2009)Buy Now

This real U.S. coin is first layered in pure bright silver. Then, by hand, the figure is highlighted and brought to life with rich, pure 24K gold. This breathtaking and exclusive work turns the coin into a stunning and true work of art. Each coin is hermetically sealed against wear in a clear, hard acrylic coating. It is then mounted in a patented hinged clip and placed in a jewelry box. This is a wonderful Christmas Gift, Father's Day Gift or Birthday Gift for any Coin Collector you know.

James Barton Longacre 

Designer of the Indian Head Cent and Much, Much More

James Barton Longacre (1794 - 1869) was the fourth Chief Engraver of the United States Mint from 1844 until his death. Longacre is probably best known for designing the Indian Head Cent, but was also responsible for the designs of numerous coins including the Shield Nickel, Flying Eagle cent, Two-Cent piece, silver and nickel three-cent pieces, One dollar gold, a $3 gold piece, and the first $20 or double eagle (several of which are pictured above).

Who Modeled for the Indian?

Legend has it that it was the designer's daughter Sarah, but Longacre has been quoted as saying it is simply Liberty (copied from a Greek statue in a local museum) wearing a headdress.

Flying Eagle Cent Shirt 

Great Conversation Starter -- Most Folks Don't Even Know They Existed!




The very first of the small cents, the Flying Eagle Cent was the immediate predecessor of the Indian Head Cent. This is a great conversation starter to talk about Indian Head Cents!

"What's that coin?"

And then you can start to tell the story of the large cent to small cent transition, how the Flying Eagle only lasted for two years, then bring up your Indian Head Cent collection!

Coin Magazines 

Coins Magazine (1-year)

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Numismatic News (1-year)

Amazon Price: $29.99 (as of 12/10/2009) Buy Now

Coin World

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Coinage

Amazon Price: $24.00 (as of 12/10/2009) Buy Now

Coin Prices (1-year)

Amazon Price: $18.98 (as of 12/10/2009) Buy Now

Tell Us About Your Indian Head Cent Collection! 

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Indian Head Cents on eBay 

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Learn About Coins on Squidoo 

Lincoln Pennies
Probably the starter coin for more collectors than any other. And celebrating its 100th Anniversary in 2009!
New Lincoln Pennies
Learn about the New Lincoln Pennies in 2009. Four designs in a single year!
Buffalo Nickels
A True American coin from the early Twentieth Century. Loved for its design, and the basis of some incredible folk art as well! Fun lens.
Flying Eagle Cents
Minted for just 3 years, the first of the Small Cents. But why is the 1856 so hard to find??? Find out here!
Kennedy Half Dollars
A fitting tribute for a fallen leader. Popular from the onset, this is one of the most striking coins in the US Mint history!

Coin Resources on the Internet 

American Numismatic Association
Perhaps the premier organization for Numismatic Education for the Amateur Coin Collector.
American Numismatic Society
Charged with the creation and maintenance of the preeminent national institution advancing the study and public appreciation of coins, currency, medals, orders and decorations, and related objects of all cultures as historical and artistic documents and artifacts
Professional Coin Grading Service
An organization dedicated to grading coins, it provides a wonderful online database showing values for coins which they have graded. Often a little high, the site still gives valuable benchmarks for buying and selling coins.
Coinflation
Find out what the metal in your coins is worth. Many coins are still worth money even if they have no collector value. What's the silver in a Mercury Dime worth??? This will answer that based on each day's metal value.

New Lincoln Cent Shirt 

Celebrate the 100th Anniversary of the Lincoln Penny

Real Women's Lib 

A 1794 Liberty Cap Cent is the Ultimate in Women's Lib!

Real Women's Lib! shirt
Real Women's Lib! by coincrazy
Design custom shirts at zazzle.com

As you've seen, the image on the obverse is not actually an "Indian," but rather Lady Liberty dressed in a Native American headdress. Here, though, is a real symbol of "Women's Lib" on a shirt. This is a wonderful shirt for any coin collector you know!

 

Thanks for Visiting! 

We'd love to know that you were here and find out what you thought of the lens. There's always something new to learn about coins and Indian Head Cents. Stop by often and see what we've added!

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by ViolinStudent

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Arthur Haule began to collect coins on in 1963. He was thrilled to get two folders with the common dates of a Lincoln Penny collection for Christmas... (more)

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