The head was actually modeled after the young daughter of the coin’s designer, James B. While these coins are popularly called Indian Head pennies, the obverse of the coin actually features a representative bust of Miss Liberty. 1,795 proofs were made, and these are worth $1,275 in choice condition. coinage.ġ898 Indian Head cents were made in substantial numbers, with 49,823,079 business strikes produced. They’re also easily found at most coin shops that deal with 19th- and 20th-century U.S. Whether you and and are usually encountered in mixed-date rolls of Indian Head cents.

Usually, one can find 1898 pennies in decent quantities, which provides coin collectors with several options in terms of condition and price. All Indian pennies are special.1898 Indian Head cents are common in the numismatic sense and are easily found at coin dealer shops. Beginning collections evolve to advanced and your coin does fit into their needs. Value of lesser quality 1906 Indian head pennies may not reach into the hundreds of dollars, however their popularity among collectors is strong. Collector demand is always intense for gem quality. As you view the coin to the right its stunning original luster and mark free surfaces are very rare among Indian pennies. Presented at a David Lawrence rare coin auction one of these rarities sold to a high bid of $460. Collectors avidly seek and pay high premiums for these top condition Indian pennies. Of these coins a certain fortunate few stand out as gem quality in preservation and appearance. They were never released into circulation but set aside by dealers and collectors at the time. There are still to this day 1906 Indian pennies in 'brand new' condition. Discovering true 1906 Indian head penny value is the result. Underestimating better quality must now be avoided and is done by accurately recognizing condition. Many old coins are not as common as once thought. You have a coin with lots of potential for value. Below the value chart, the section on 'grading' your coin highlights differences to judge in quality. Your coin may not fit into this category, however, it’s considered above average if feather detail is evident. These high condition pennies trade in the collectors market well above $30. Major distractions or 'problems' such as dark toning, bent or large nicks are primary factors in bringing down how much your 1906 Indian penny is worth.Įscaping not only wear to is surface but still with its original luster is pictured a 1906 Indian penny in 'uncirculated' condition, all design detail remains. An old Indian penny, worn but still pleasing in appearance is highly collectible. Not necessarily the ultimate in condition. Value of old coins is determined by its acceptance by collectors.

Gold layered indian head penny 1898