1883 Indian Head Penny
The 1883 Indian Head Penny had a total mintage of over 45.5 million coins struck at the Philadelphia Mint. This was a higher mintage and this Indian Head Cent is relatively common. This coin can be found in colorways that range from brown to brown-red to red. It’s possible to find all of these colors in most Mint State grades, with the most common being around MS64, and it being possible to find up to MS67 for some red varieties.
History of the 1883 Indian Head Penny
Cherrypicking is advised when seeking out the ideal 1883 Indian Head Penny because this coin is possible to find well-struck. Look for coins with a nice luster, original red or brown coloring, and the fewest carbon spots as possible. Red versions are the most expensive, but it’s possible to find more affordable and gorgeous brown varieties with glossy and smooth surfaces. The obverse of the coin features the profile of a woman in a headdress, while the reverse displays the words ONE CENT at the center with a laurel wreath and shield surrounding it. James Longacre, the Chief Engraver at the Philadelphia Mint, designed this coin.
1883 Indian Head Penny Value
The 1883 Indian Head Penny value ranges between $4,000 and around $33,000 for the highest grades of the coin between brown and red varieties. The reds typically command a premium, but it’s possible to build a very affordable Indian Head Penny collection by seeking out circulated and lower Mint State coins. The 1883 Indian Head cent would make a great addition to any Indian Head Penny series collection.
Type of coin: Penny
Year: 1883 Indian Head Penny
Indian Head Penny Mint Mark: Philadelphia
Total mintage: 45,591,500
Metal content: 95% Copper, 5% Tin and Zinc
Face value: One Cent
Weight: 3.11 grams
Edge: Plain
Designer: James Barton Longacre
Diameter: 19 millimeters