1877 Indian Head Penny
- 1877 Indian Head Pennies
The 1877 Indian Head Penny had a mintage of 852,500. These 1877 Indian Head Pennies are the key date in the series. These 1877 Indian Head Pennies are the key date in the series. Please allow 3 to 5 business days for your order to leave our offices as each coin must be inspected and graded prior to packaging.
The Coin Look - Counterfeit Detection - 1877 Indian Cent While not the most commonly counterfeited coins, some examples are still out there and would be best to learn how to spot a fake. Pictured below is a close-up of the date on a genuine 1877 Indian Cent. If you have a questionable 1877. NGC Extra Fine 1877 Indian Head Cent, Sharp, Key-Date specimen! 43 bids Ending Feb 8 at 1:20PM PST 1d 14h. Nice Key Date 1877 Indian Head Cent.
Coin Info
1877 Indian Head Penny Ag
1877 Indian Head cents are as famous within their series as the 1909 S VDB Lincoln cent is for that design. What makes the 1877 penny so desirable? It has a very low mintage, and is actually the second-lowest mintage coin in the series. What’s the lowest-mintage Indian Head penny? That honor belongs to the 1909-S Indian Head cent.
The oft-published mintage of 1877 pennies is 852,500, but some theories suggest the actual mintage is much lower. Numismatic experts know of just one reverse die, but there are no known 1877 Indian Head cents that exhibit die issues – something one would expect from a die that struck more than 800,000 coins. So, the theory goes that the actual mintage of 1877 pennies is much lower than the official mintage figure suggests. At any rate, only about 5,000 of the 1877 pennies are known to survive, which is a smaller number than the 1909-S Indian Head pennies.
An 1877 Indian Head penny in a grade of Good-4 retails for $980, with the proof specimen selling for $12,000. Incidentally, some 900 proof pennies were made in 1877, which is not a particularly low number of pieces as compared to other years during which much higher numbers of business-strike 1877 Indian Head cents were made. In every respect, the 1877 is a rare key-date, and you should be cautious in buying any 1877 pennies sight-unseen. The best recommendation is to buy authenticated and graded specimens in a sonically sealed plastic holder from a reputable third-party coin firm.
Other Years From This Coin Series
