1884 Indian Head Penny For Sale
The 1884 Indian Head Penny, a regular strike coin minted at the Philadelphia Mint, is a part of the esteemed Indian Head cent series. With its design by James Barton Longacre, it represents a significant piece of American numismatic history.
Product Specifications:
- Designer: James Barton Longacre
- Mint: Philadelphia
- Mintage: 23,257,800
- Metal Composition: 95% Copper, 5% Tin and Zinc
- Diameter: 19.00 millimeters
- Weight: 3.11 grams
- Edge: Plain
- Year of Issue: 1884
Design Highlights:
The coin showcases the familiar Indian Head design on the obverse, featuring Lady Liberty with a Native American headdress, and "LIBERTY" inscribed on the band. The year "1884" is noted below. The reverse bears the traditional wreath encircling the "ONE CENT" denomination, with "UNITED STATES OF AMERICA" around the edge.
Collectibility and Rarity:
The 1884 Indian Head Penny is deemed a common issue due to its high mintage, making circulated examples readily affordable for most collectors. In uncirculated condition, the coin becomes scarce, particularly in MS64 and MS65 grades. Finding this coin in Red (RD) condition is challenging, and it is very scarce in MS66, with only a few dozen examples known. In the top grade of MS67, the coin is quite rare, with fewer than 10 pieces estimated to exist.
Numismatic Significance:
The 1884 Penny is a popular choice for collectors due to its affordability in circulated grades and the challenge it presents for those seeking high-grade uncirculated specimens, particularly in Red condition. Its availability across various conditions makes it an attractive piece for a wide spectrum of collectors, from those just starting to seasoned numismatists looking to add a gem-quality coin to their collection.
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