Indian Head Penny 1896, 1897, 1898 and 1899 Let's make a Deal. Price too high? Please make us an offer! Rare Collectible Coins! Sold as shown in photos. Description: Indian Head Penny 1896, 1897, 1898 and 1899 (one Cent $0.01) The Indian head penny was created to replace the Flying Eagle cent because the United States Mint was having problems striking the Flying Eagle cent uniformly. Under direction from Mint Director James Ross Snowden, James B. Longacre designed the replacement. The reverse design stayed relatively the same while Longacre replaced the obverse design with an allegorical figure of Lady Liberty wearing an Indian headdress. Indian Head penny values and prices have remained historically flat when corrected for inflation. However, there are a few key dates and varieties that appreciate at a faster rate. Detailed Specifications Issuing Government $0.01 (One Cent) Production Facilities 1859 to 1864: 8.92 (copper-nickel) 1864 to 1909: 8.84 (bronze) Mint Mark Location On the reverse, at the bottom below the bow on the wreath. (1908 & 1909 only). Composition: 1859 to 1864: 88% copper, 12% nickel (copper-nickel) 1864 to 1909: 95% copper, 5% tin and zinc (bronze)Actual Gold Weight () 0.0000 Troy Ounces (contains no gold) Actual Silver Weight (ASW) 0.0000 Troy Ounces (contains no silver) Edge Type Plain Obverse Description: Lady Liberty wearing an Indian headdress facing left, UNITED STATES OF AMERICA around perimeter with date at bottom. Obverse Designer & Engraver: James B. Longacre Reverse Description 1859: ONE CENT inside laurel wreath 1860 to 1909: ONE CENT inside a wreath made of oak leaves with a Union Shield at the top. Reverse Designer & Engraver James B. Longacre: (Krause-Mishler Catalog No.) Difficulties in properly striking the copper-nickel composition led to the decision to change the composition to bronze in the middle of 1864 to 1859. Production Years, Mints and Types AsA Specializes in Rare and Hard to find Coins. Please let us know what coins you need to complete your collection. Thank you for looking and the opportunity to earn your Trust. Angel Rare Antiques & Vintage Collectibles |