- 1 1904 Indian Head Cent Mintage dates: 1859 - 1909 Often called the most beloved and American, the Indian Head design made its debut in 1859 as a replacement to the troublesome Flying Eagle design which had caused too many production issues. The obverse and reverse designs were both created. Privacy Settings.
- Nice condition puts 1904 Indian head penny value above the minimum one dollar range. Most are found very worn, those showing clear detail to the design are worth a premium.
- This 1904 Indian Head Cent has been certified as MS-65 (Red) by NGC, one of the top two coin grading services. This coin has a population of only 131 coins!
- Genuine U.S. coin minted at the Philadelphia Mint in 1904
- Obverse features James Longacre's beautiful Miss Liberty wearing a Native American headdress
- 19 mm in diameter (.75')
1904 Indian Head Penny Error
USA Coin Book Estimated Value of 1904 Indian Head Penny is Worth $3.14 in Average Condition and can be Worth $40 to $60 or more in Uncirculated (MS+) Mint Condition. Proof Coins can be Worth $152 or more. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth.
- Order number:US_2501096
America's first one-cent coins were called Large Cents and were produced from 1793 until 1856. Even though they were official coins, they were not minted in gold or silver, therefore tax collectors and shopkeepers were not bound by law to accept them. In 1856, the law was changed and a new penny that was legal tender for all debts was created using a copper-nickel alloy. The new Flying Eagle Penny was designed by the U.S. Mint's Chief Engraver, James B. Longacre. Unfortunately, it was difficult to strike and, in 1858, Longacre had to redesign the penny. This time, he replaced the eagle with a youthful Lady Liberty wearing an Indian headdress with the word LIBERTY on the band. According to legend, Longacre used his own daughter, Sarah, as the model for the Indian Head Penny.
First minted in 1859, the 'Type 1'- Indian Head Penny had a laurel wreath on the reverse. In 1860, the reverse was changed to an oak wreath with a shield inserted at the top. This coin became known asa 'Type 2' Indian Head Penny.
The chaos of the Civil War led to a serious metal shortage and hoarding,so the Mint changed the composition of the penny from copper-nickel to bronze. The new'Type 3' Indian Head Penny was introduced in 1864 and it would remain unchanged for the rest of its historic run. In 1909, the penny was redesigned in honor of the 100th Anniversary of Abraham Lincoln's birth.
| Details | |
|---|---|
| Limitation: | 61,300,000 |
| Weight: | 3.11 g |
| Material: | .950 copper, .050 tin |
| First issued: | 1904 |
| Issue country: | USA |
| Diameter: | 19 mm |
| Face value: | 1 Cent |
| Material: | Mixed |
| Quality: | fine |
| Period: | 1871 to 1918 |
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