Bidding was strong and confirms the popularity of high quality coins. These examples are very desirable to collectors and easily trade over $100.Īuction records show David Lawrence Rare Coin auctions sold this coin for $431. Further, the coin in the image is well struck, original in color and is virtually mark free. Then your box of old coins has offered up a remarkably rare and valuable Indian penny.įor a hundred plus year old coin to remain today in untouched and wear free condition is amazing. Bright reflective golden surfaces describe your penny and upon close inspection with a magnifying glass only a few small nicks are evident. True it is a rare occurrence, but suppose your coin closely resembles this conditionally rare 1900 Indian penny. Given that many proof Indian Head 'pennies' were saved by collectors, certain dates are actually more common in proof than in similarly well-preserved mint state specimens.Auction and Long Term 1900 Indian Head Penny Value The 1864 bronze 'With L' proof Indian cent and 1877 proof Indian cent are the scarcest in terms of rarest proof issues. Certified proof Indian cents in the PR63 level or higher are most popular among proofs. Generally speaking proof Indian cents are scarce across the board with true gem specimens featuring cameo devices considered especially rare.

Most Indian cent proof issues were minted in quantities ranging from about 1,000 to 3,000, with some dates seeing fewer or more pieces depending on demand and other factors. Unlike most proof coins made in the United States since the late 1960s, proof Indian Head cents were made at the Philadelphia Mint, not the San Francisco Mint - in fact, the first 'S' mint Indian cents were not made until the last two years of the series, which were 19. Proof coins, which are struck by specially prepared dies on polished planchets, have been popular with coin collectors since the 19th century. Longacre and struck from 1859 through 1909. Proof Indian cents were made throughout the duration of the series, which was designed by James B.

Indian head 1898 penny