1878 Penny For Sale
The 1878 1C Indian Head Penny, a regular strike coin minted at the Philadelphia Mint, carries with it the legacy of its designer, James Barton Longacre, and is a cherished piece from the latter years of the Indian Head penny series.
Product Specifications:
- Designer: James Barton Longacre
- Mint: Philadelphia
- Mintage: 5,797,500
- Metal Composition: 95% Copper, 5% Tin and Zinc
- Diameter: 19.00 millimeters
- Weight: 3.11 grams
- Edge: Plain
- Year of Issue: 1878
Design Highlights:
The coin features the recognizable Indian Head design on the obverse, with Lady Liberty wearing a Native American headdress. The year "1878" is featured below the bust, while "LIBERTY" is inscribed on the headband of the headdress. The reverse showcases the standard design for the series, with a wreath encircling the "ONE CENT" denomination and "UNITED STATES OF AMERICA" around the border.
Collectibility and Rarity:
With a mintage of under 6 million, the 1878 Indian Head Penny is moderately available but not as common as some of the later dates in the series. Its mintage places it in the medium range for the series, making it a coin of interest for both novice and seasoned collectors. The 1878 penny in Brown (BN) condition adds historical value to any collection, especially considering its era of production towards the end of the 19th century.
Numismatic Value and Significance:
The 1878 Penny is a testament to the enduring design by Longacre, remaining popular among collectors for its classic aesthetic and the historical context it represents. Its availability offers a good balance for collectors looking to acquire a piece with both collectible and historical appeal, making it a valuable addition to any numismatic collection.
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