Nice condition coins with just light wear are worth above 9. In addition to 1897 Indian Head pennies, Longacre also became well known for designing the two-cent piece, which in 1864 became the first U.S. 1895 Indian head penny value ranges from 2.50 cents to 2.75 for the normally found heavily worn examples. He served as Chief Engraver of the United States Mint from 1844 until his death in 1869. In fact, the figure represents Miss Liberty and was modeled after Sarah Longacre, the young daughter of James B. The Philadelphia mint produced precisely 49,823,079 1989 Indian head pennies this particular year, including 1,795 proof coins. The “Indian Head” name of this penny design is actually a misnomer. The 1898 Indian head penny is the same size as all the other coins from this series, with 0.1 troy ounces (3.11 grams) weight and 0.75 inches (19 mm) in diameter. In addition to the 50+ million business strikes, 1,938 proofs were made. 50,466,330 were struck, and they retail for $2 in a grade of Good-4.
1897 Indian Head pennies are also widely pursued by those who may not necessarily consider themselves coin collectors but nevertheless want an inexpensive example of this classic American coin.ġ897 Indian Head cents were made in large numbers. 1897 pennies are usually bought by coin collectors who are assembling type sets and those who are completing a series collection of Indian Head pennies. They’re also easily found at most coin shops that deal with 19th- and 20th-century U.S. 1897 Indian Head cents are quite common and are usually encountered in mixed-date rolls of Indian Head cents.
