How much is a 1877 Indian head penny worth?
CoinTrackers.com has estimated the 1877 Indian Head Penny value at an average of $500.00, one in certified mint state (MS+) could be worth $3,200.
How much is 1877 penny worth?
Pricing the 1877 Indian Head Penny
|Source: Red Book|
What year of Indian head penny is worth the most?
The most valuable Indian Head Penny is the one that has a date of 1877.
How can you tell if a 1877 Indian head penny is real?
With the 1877 Indian Head cent, the most important diagnostic feature appears on the reverse. On a genuine coin, the bottom right of the N in ONE and the top left of the N in CENT should be much weaker than the rest of the denomination.
Why is the 1877 Indian Head penny worth so much?
The 1877 Indian penny is the second-lowest mintage business-strike issue, with only 852,500 struck. Experts believe that only 5,000 or so may still exist, making this a truly scarce coin — scarcer, in fact, than even the 1909-S VDB Lincoln penny (which may number closer to 40,000 or even 50,000 survivors).
What is the rarest Indian Head penny?
1888 Indian Head Penny: Last 8 Over 7 Variety The lower part of the last numeral in the date can still be seen sticking out from the lower-left corner of the “8.” This is the rarest and one of the most valuable Indian Head penny varieties found so far.
Why is the 1877 Indian head penny worth so much?
How big is a 1877 Indian head penny?
|Alloy:||95% Copper, 5% Zinc and Tin|
|OBV Designer||James Barton Longacre|
Why is the 1877 penny worth so much?
1877 Indian head penny value is the highest of all Indian pennies. Considered the key to the series, value and demand is greater for an 1877 than any other Indian penny. Worth $360 and up even when heavily worn, it is a popular date with collectors.
Why is the 1877 Indian head penny rare?
What is the rarest Indian head penny?
What is the most rare Indian head penny?
1877 Indian Head Penny: Key Date Although not an error or variety, the 1877 Indian Head cent had an extremely low mintage of only 852,500 coins. This has made it a key date and one of the most valuable coins in the series. Since this is the most valuable coin in the series, it is often counterfeited.
What is the value of a 1876 Indian Head penny?
1876 Indian Head Penny Value. 1876 Indian head penny value is $22 to $25 minimum. It’s a relatively high price for a heavily worn coin. It reflects how scarce these 1870s pennies are. Despite millions minted the number of 1876 pennies with us today is only a fraction of the original number. Oct 21 2019
Is the 1877 Indian Head cent really a rare coin?
The 1877 Indian Head Cent is one of the best known rare coins in all of numismatics, but surprisngly, it falls below the overall average of the Rare Coin Values Index. The blue line above graphs the percent change since the year 2000 in retail price of the 1877 cent in G-4 condtion, starting at a baseline index of 100.
What is a rare year for Indian Head penny?
Although somewhat controversial, it is believed that an 1887 Indian Head cent hub was reused to produce the 1888 Indian Head cents. The lower part of the last numeral in the date can still be seen sticking out from the lower-left corner of the “8.” This is the rarest and one of the most valuable Indian Head penny varieties found so far.
What is Penny came before the Indian Head penny?
The Indian Head Penny also sometimes referred to as the Indian Head Cent by collectors is a copper coin that preceded the Wheat Penny and Lincoln Penny . Years minted 1859-1909