In the auction market there are still old coins for collectors that can be worth thousands of dollars, as is the case of the piece manufactured between 1859 and 1909, which due to its design is known today as the “Indian Head” or “Indian Head” penny.
Some specimens of this coin designed by the former chief engraver of the Philadelphia Mint, James Barton Longacre can fetch up to $38,000 in very good condition and depending on their mintage details, but there are also other not so popular pieces that are bid at $1,000.
The most valued coins
1870 Indian Head Cent (Shallow N) (Tie)
According to USA Coin Book a specimen of this year can go for $109 to $1,003 in very good new uncirculated condition. The detail that makes it so valuable is the engraving on the reverse.
1871 Indian Head cent (shallow N)
The details that can be highlighted from this year’s mintage is that the shallow “N” in the reverse script. In good condition it can be sold for $199 to $1,000 in mint condition uncirculated.
1860 Indian Head cent
This coin is estimated to fetch $1,106 on the auction market.
1869 Indian Head Cent (9 over 9)
The minting error that makes this coin worth nearly $1,200 on the market is that the last digit of the 1869 date was doubled during engraving.
1872 Indian Head cent (shallow N)
Experts mention that penny specimens in that year also have imperfections in the engraving, the oddity that stands out is that the letter “N” is shallow in the writing on the reverse, this can make it worth up to $1,300 dollars.
1861 Indian Head cent
For collectors proof coins are also worth a lot of money, for example a piece of this type can fetch up to $1,600 dollars.
Indian Head Cent 1859 (laurel wreath reverse without shield).
Unlike the other specimens, this particular piece which is currently worth up to $1,700 is missing the shield that accompanies the laurel wreath on the reverse.