1901 indian head penny
Flying Eagle and Indian Head Cents. Die Variety Search:.
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.
1901 indian head penny
By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. For collectors, it is important to get their hands on coins from this year as it will be necessary to complete any collection. Of course, even more important is getting your hands on one of these coins in excellent condition. Being that they are well over years old, however, it is not so easy to attain a Indian Head in well-preserved shape. As part of American minting history, the Indian Head draws attention from a lot of collectors. Because of this, these coins are becoming increasingly scarce with each passing year, so it is important to get your hands on them while you can. For coins as old as the Indian Head Penny, collectors care most about the condition the coin is in. Because a pristine collection looks so much better than one made up of worn coins, it goes without saying that collectors are constantly trying to find these coins in superb condition. When it comes to assessing the condition of a Indian Head Penny, the official process of doing so is known as grading the coin. Typically, the process of grading is performed by a professional company, but with the specifications below you can better understand what coins of a certain grade will look like. Uncirculated: An Uncirculated Indian Head Penny is one that saw almost no time at all exchanging hands. Because of this fact, these coins will be well-preserved such that all of the imagery and texture remains intact.
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A close inspection determines if your Indian head penny value is above average. Most of these old pennies surviving today are heavily worn, finding one with the majority of the design remaining is worth double the others. Indian pennies began as finely detailed coins, the headdress and headband, curls and ribbon in her hair, all well defined. However, circulating in everyday use, wear from handing quickly smoothes and flattens the high points and finer parts of the design. Pictured is an "uncirculated" penny, there is no wear to the surfaces.
This new facility afforded the Mint a much larger production capacity through massive upgrades in equipment. Most importantly, all aspects of the production line would now be powered by electricity instead of steam. This increase in capacity was much needed since the U. Yet now the economy was healthy and there was an ever-increasing demand for cent coins. This demand was fueled mainly by the proliferation of coin-operated machines. America received its first coin-operated vending machines from the Thomas Adams Gum Company in While today it would seem strange, these early machines accepted one-cent coins — though a penny in had the same purchasing power as 35 modern cents. Despite this dramatic increase in demand, production of the one-cent coin was still limited to the Mint facility in Philadelphia. Mint up to that date.
1901 indian head penny
From to , the cent was a copper coin about the size of a half dollar. The discovery of gold in California caused a large inflation in prices. As gold became more abundant, the price of copper rose. Cent and half-cent manufacture was one of the only profit centers for the Mint and by it began looking for alternatives. The new pieces were identical in diameter to modern cents, though thicker. This was the first use of copper-nickel for United States coins. The copper-nickel made them look brighter and they began to be called "White cent" or "Nicks". In , the Flying Eagle was replaced with the Indian head design. The Flying Eagle design caused production difficulties and the Mint soon looked to replace it. Mint Director James Ross Snowden selected the Indian Head design and chose a laurel wreath for the reverse, that was replaced in by an oak wreath with a shield.
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In the area close to the headband the quill and inner parts of the feathers are beginning to show details. Next, check the date and values on the charts covering each series of US pennies. We also use third-party cookies that help us analyze and understand how you use this website. The cookie is used to store the user consent for the cookies in the category "Analytics". Common dates are now worth one dollar each. You have a popular coin, everyone understands and has heard of the value of an Indian Head penny. About Contact. Price high-low. In great condition, collectors are willing to shell out a good bit of money for these coins. These coins will show plenty of signs of wear and tear and will have had some of the texture worn away over the years. Accurate penny values are found by using the grading images and descriptions to judge condition of your coins. The prices listed in our database are intended to be used as an indication only. Or Return to Log in. The wreath was modified and a shield added to the reverse in , and in came a variety of changes to the series.
By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. For collectors, it is important to get their hands on coins from this year as it will be necessary to complete any collection.
Many old coins, including yours, even if circulated and worn are often worth far above the minimum. Do not sell my personal information. New Arrivals Coming Soon. Considered by collectors as one of the top condition examples of a Indian penny remaining. Analytical cookies are used to understand how visitors interact with the website. The S Indian cent, which was the first mintmarked cent, is the third-scarcest regular-issue in the series with a mintage of 1,, Catalog Detail. All old US coin values. Subscribe for Complete Pricing Access. Nice, original honest coins are in the greatest demand. These cookies will be stored in your browser only with your consent. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Although very little of the headdress is visible, there is some slight roundness to the feathers. Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways.
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