Why Is The 1877 Indian Head Penny So Valuable

09 Apr, 2021

Free shipping on many items Browse your favorite brands. All known 1877s were struck with the same reverse die.

1899 Indian Head Penny Value Discover Their Worth Penny Values Indian Head Valuable Coins

After all it went into production right before the start of the Civil War and it managed to withstand that battle.

Why is the 1877 indian head penny so valuable. Both of these rare pennies are worth hundreds of dollars in worn condition and thousands in uncirculated grades. So when we say average we mean in a similar condition to other coins issued in 1877 and mint state meaning it is certified MS by one of the top coin grading companies. Also click here to Learn About Grading Coins.

67 rows Indian Head pennies do not contain any precious metals eg. Considered the key to the series value and demand is greater for an 1877 than any other Indian penny. Experts believe that only 5000 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 40000 or even 50000 survivors.

How much is a 1877 Indian head penny worth. Ending Friday at 759AM PDT 2d 15h. Dec 01 2018 Hi So we have a complete set of the Indian Head pennies including both of these.

Many are assembling sets of Indian pennies and finding a nice 1877 with the least amount of. We have a great online selection at the lowest prices with Fast. Additionally the Indian Head cent is one of the most popular 19th.

This may explain why the 1877 is valued higher than the 1909-S which has a reported mintage of 309000. Click here to Learn How to use Coin Price Charts. We look at the value of a Indian Penny that can be worth thousands of dollars.

Check out my other coin collecting videos on Cou. Not only are these coins difficult to find they are even more difficult to find in pristine condition and because of this carry an insanely large price tag. Nov 28 2018 The Indian Head penny in particular is valuable for a handful of reasons.

The 1909-S Indian Head penny along with the 1877 Indian Head penny collectively serve as the scarcest and most sought-after circulation-strike Indian Head pennies. Oct 12 2010 People began digging deep as the recession set in so by 1877 the mint found itself with millions of cents and not much demand. Jul 29 2015 Of all the Indian Head Pennies in circulation today there is none that is more difficult to find than the 1877 edition.

For more valuable coin tip. In those years it was unusual for a die to last beyond 100000 strikes lending credence to this theory. At any rate only about 5000 of the 1877 pennies are known to survive which is a smaller number than the 1909-S Indian Head pennies.

Ten million cents went out of Mint vaults in 1877 but only those 852500 were newly minted. 1877 Indian Head Penny Value. Nov 01 2007 Proof 1877 Indian Head cents were struck from dies with strong lettering in these same areas.

The 1877 looks better then one I saw listed for almost 9K and he has the whole set listed for not much more. Although not an error or variety the 1877 Indian Head cent had an extremely low mintage of only 852500 coins. USA Coin Book Estimated Value of 1877 Indian Head Penny is Worth 1196 in Average Condition and can be Worth 4229 to 5002 or more in Uncirculated MS Mint Condition.

This has made it a key date and one of the most valuable coins in the series. We look at different coin prices for these old valuable pennies. The 1877 Indian penny is the second-lowest mintage business-strike issue with only 852500 struck.

First and foremost the coin holds great historical significance. Free shipping on many items. Proof Coins can be Worth 2890 or more.

An 1877 Indian Head penny in a grade of Good-4 retails for 980 with the proof specimen selling for 12000. 1877 Indian Head Penny PCGS AG03 from Private Collection. These are rare Indian Head pennies worth big money.

Worth 360 and up even when heavily worn it is a popular date with collectors. Some specialists believe that as many as 10 of all mint state 1877 Indian Head cents were struck from this set of proof dies after the mint was finished producing proofs. That is why less than a million were made that year.

Continue to 9 of 12 below. The 1877 Indian Head Penny is a major key date issuance of the Indian Head Cent. 1877 Indian Head Cent 1C BN PCGS Genuine XF.

Incidentally some 900 proof pennies were made in 1877 which is not a particularly low number of pieces as compared to other years during which much higher numbers of business-strike 1877 Indian Head. My friend listed them on Etsy to sell but after doing some research I think he has the price set much too low but Im not really sure since Im no expert in grading coins at all. The coin played an important role in American history.

1877 Indian head penny value is the highest of all Indian pennies. I do not subscribe to this theory.

1907 Indian Head Penny Value Discover Their Worth