The 1865 1C Indian Head Penny is a regular strike coin minted at the Philadelphia Mint, bearing the classic design by James Barton Longacre. This particular variant is notable for its plain numeral style and is recognized as a rarer find among the two varieties of the year—the other being the "Fancy 5."
Product Specifications:
- Designer: James Barton Longacre
- Mint: Philadelphia
- Mintage: 35,429,286
- Metal Composition: 95% Copper, 5% Tin and Zinc
- Diameter: 19.00 millimeters
- Weight: 3.11 grams
- Edge: Plain
- Year of Issue: 1865
Design Highlights:
The coin's obverse showcases the timeless Indian Head design, which includes the bust of Lady Liberty wearing a Native American headdress. The reverse features the standard laurel wreath circling the denomination "ONE CENT," with "UNITED STATES OF AMERICA" framing the central design.
Collectibility Insights:
The Plain 5 variety has emerged as the rarer of the two 1865 Indian Head cents, making it a sought-after piece for collectors. In circulated grades, the Plain 5 cents are scarce, and finding them in mint state condition can be quite challenging. Coins in Full Red Gem condition are very rare, highly prized by numismatists for their beauty and state of preservation.
Numismatic Value and Rarity:
The 1865 Plain 5 Indian Head Penny, especially in higher grades, is a valuable and desirable addition to any collection, reflecting both the artistry of its design and the rich history of American coinage post-Civil War. Its rarity in circulation and the scarcity of premium-condition examples enhance its allure and potential investment value.
