Longacre gain fame not just as the creative mind behind the Indian Head penny (which actually features a bust of his daughter, Sarah), but he was also the designer of the two-cent piece. He served as the Chief Engraver at the United States Mint from 1844 until his passing in 1869. Longacre designed 1896 Indian Head pennies. Mint also struck proof 1896 pennies, though these were made in a much small quantity of just 1,862 coins. In a grade of Good-4, those sell for around $2.

In fact, 39,057,293 business strikes were made for commerce purposes. Most 1896 pennies are snapped up by numismatists who are assembling type sets, and they are also pursued by coin collectors who are putting together a series collection of Indian Head pennies.ġ896 Indian Head cents were struck in large numbers. However, 1896 pennies are widely available at most coin shops and are frequently encountered in mixed-date rolls and bags. A now very different penny has become a popular and fascinating coin to collect, your 1886 Indian head penny value is always strong due to demand.1896 Indian Head cents are common coins from the numismatic perspective, which might not seem to be the case given the fact that these old pennies are virtually impossible to find in circulation these days. of the America, has been as satisfactory to the. Later adding the designer's initial in 1864 and in 1886 a redesign of the obverse. value of the exports during the same periods was 307,597 and 272,222 re.

The evolution of Indian pennies includes a design change on the reverse and different metal alloys used in the early years. Red-brown specimens are more valuable, and you should set aside 135 to 2,500 for one, depending on the grade. On the other hand, the best-preserved ones with a PR 67 rating can be worth 1,700 to 2,000. In 1886 pennies received this new look that continued until the end of the series. The most affordable are brown pieces, and you can buy one for 110 to 880.

The new design now points the last feather between the 'C' and 'A' of America creating the Type II variety. Up until then the last feather of the headdress pointed between the 'I' and 'C' of America, known as Type I. Placement of the feathers in the headdress and how they relate to the lettering along the rim was redesigned. Towards the end of minting 1886 pennies a visible change in the design was adopted.

1898 indian head wheat penny value