The 1861 Indian Head Penny is a coveted coin among American history buffs because 1861 also marks the beginning of the Civil War. In the early days of the war, everyone was hoping for a quick resolution and there was still minimal strain on various industries. The US Mint was able to continue to produce the one cent coin with the usual 88% copper and 12% nickel composition. As the war continued, this would eventually change.
Design Elements of the 1861 Indian Head Cent
Renowned designer, James Barton Longacre, saw the indian headdress as a symbol of the early history of American and the country’s indigenous people. He regarded it as an important emblem and by placing the headdress on the portrait of Lady Liberty or the goddess Liberty, he sought to create a coin that spoke to national pride.
Earlier versions of the Indian Cent featured a laurel wreath on the reverse side. By 1861, this had been replaced with an oak wreath and a shield. Later versions also include a rounded bust that points downwards to the date. These features help to distinguish the 1861 Indian Head Penny from other one cent coins and make it a prized part of any collection.
1861 Indian Head Penny Value
This collectible coin can be purchased in good condition for around $25. An uncirculated version in mint condition can go for upwards of $300 while a proof of the coin is valued at just under $2,000.
Type of coin: One Cent
Year: 1861 Indian Head Penny
Mint Mark: Philadelphia
Total mintage: 10,100,000
Metal content: 88% Copper and 12% Nickel
Face value: One Cent
Weight: 4.70 grams
Edge: Plain
Designer: James Barton Longacre
Diameter: 19 millimeters