The coin pictured highlights the need to evaluate these old coins carefully. Many Indian penny collections assembled long ago and now discovered by today's generation have the potential of yielding high grade examples. Your box of old coins should be handled carefully. A remarkable coin that would enhance any advanced collection of Indian pennies.įeatured in a David Lawrence rare coin auction, bidding raised the value of this gem 1898 Indian penny to $678. With just a few of this quality remaining and the large number of collectors the value is always strong. Only on rare occasions does an old coin survive so nice. Bright golden luster, no visible blemishes, either nicks or darkness to the copper. In fact, the figure on the obverse of the coin represents Miss Liberty, and Longacre’s daughter, Sarah, was the model for the bust.It is apparent the gem quality condition of this coin. He is well known for designing Indian Head pennies and also created the two-cent piece, which in 1864 became the first coin to bear the motto IN GOD WE TRUST.Īs a side note, 1890 Indian Head pennies don’t actually feature a Native American at all. Longacre, who was the Chief Engraver of the United States Mint from 1844 until his death in 1869, was the designer of the Indian Head penny. Good-4 pieces sell for $2.25, and choice proofs retail for around $1,800. 1890 Indian Head cents are also frequently purchased by those who may not necessarily collect pennies, but who still want an inexpensive example of this classic American coin.ġ890 Indian Head cents were made in vast quantity, with 57,180,114 business strikes rolling off the presses that year. 1890 pennies are often bought by coin collectors who are building type sets and numismatists who are assembling a series collection of Indian Head pennies. They’re also readily found at most coin shops that sell U.S.

1890 Indian Head cents are quite common and are usually encountered in mixed-date rolls and bags of Indian Head cents.

Indian head penny good 1898