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Why are Indian head pennies more valuable?

Updated: 8/19/2019
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13y ago

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Because Indian Head pennies are older than the more familiar wheat and memorial cents. Thus, less are preserved and they are scarcer. Also, many times the mintage figures were much, much, lower on early Indian Head pennies than on even wheat pennies, let alone memorial cents.

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13y ago
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Q: Why are Indian head pennies more valuable?
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Related questions

Which Indian head pennies are worth more type 1 or type 2?

Type II


Are there any pennies of value other than wheat pennies?

Indian cents all have some premium above face value. The older large cents are even more valuable.


What did the first pennys look like?

you have to be more specific in your question . if you are talking about the pennies before Lincoln pennies, it was an Indian head penny


What Is A Type 2 Penny?

Type 2 pennies are typically more valuable because of some error on the penny. A type 2 Indian head penny are the ones minted from 1886 to909 and the last feather of the headdress is pointing between the letters C and A of America. In 2000 type 2 pennies have a space between the letters A and M of America. These rare pennies are not minted this way on purpose.


What is the value of a half-struck US cent with no date?

This type of error is called 'Off Center'. The more of the impression missing, the more it is valued, but those with a readable date and mint mark are the most valuable. If your penny (with no date) is an Indian Head penny it is worth $55.00. If it is a steel penny it is worth $45.00. Wheat pennies and Lincoln Memorial pennies are only worth $3.50.


Are 1889 pennies rare?

1889 isn't a rare year for Indian Head cents. Please see the Related Question for more information.


What is the value of an Indian head penny with year 1807?

Indian head pennies were not produced in 1807. A 1907 Indian head penny would be worth a dollar or two in heavily circulated condition, perhaps three to ten dollars in lightly circulated condition, and US$25 or more in uncirculated condition.


What is the value of a 1892 wheat penny?

The first wheat pennies were dated 1909 so you must have an Indian Head cent. See the Related Question for more details.


What makes a penny valuable?

Generally, coins are valuable because of the price of the metals they are made from, but if you mean in a collectible way: One thing that makes a penny valuable is the date. They older the coin usually the more valuable. Another thing is the mintmark. For example 1943 pennies with a "S" mintmark are more valuable than pennies with no mintmark. Another thing is the condition of the coin. The less ware it has the more it's worth.


How much are Indian head pennies worth?

Indian head cents were struck for 51 years so you need to know the coins' dates and conditions. Please post a new and more specific question. You can also check a price guide like the one linked below.


What is the value of a US penny?

You need to provide much more information. Pennies have been made since the 1700s! Common pennies from circulation are worth only face value. Wheat pennies are usually common and worth a few cents to a few dollars in circulated condition. Indian head pennies are worth a few bucks in average grades.


How much are 100 year old pennies worth that have Indian heads on them?

WHAT YEARS be more specific..