1904 Indian Head Penny

  

1904 Indian Head Penny Nearing the end of the Indian Head’s production, the 1904 edition is a crucial part of any collection. More often than not, because these were some of the last Indian Heads produced, you will see many collectors beginning their collection with editions from the early 1900s. I was going through my pennies earlier and found a 1904 Indian Head penny. I was wondering if anyone had any idea how much it was worth. Source(s): 1904 indian head penny worth: https://tr.im/02F0e. Heritage Auction Galleries. In 1859, when Indian Head cents were first made, they were composed of 88 percent copper and 12 percent nickel. In 1864, the U.S. Mint stopped using nickel in the production of Indian Head pennies and changed to a bronze composition, consisting of 95 percent copper and 5 percent tin and zinc. These 1904 proof pennies sell for $1,275 in choice condition. Chief Engraver of the United States Mint James B. Longacre designed the 1904 Indian Head penny. Serving as the Chief Engraver from 1844 until his death in 1869, he designed not only Indian Head pennies, but several other coins as well, including the two-cent piece. That issue is most widely known as the first U.S.

CoinTrackers.com has estimated the 1904 Indian Head Penny value at an average of $3, one in certified mint state (MS+) could be worth $165. (see details)...

Type:Indian Head Penny
Year:1904
Mint Mark: No mint mark
Face Value: 0.01 USD
Total Produced: 61,326,000 [?]
Silver Content: 0%
Numismatic Value: $3 to $165.00
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $3, while one in certified mint state (MS+) condition could bring as much as $165 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1904, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

Additional Info: This coin was designed by James Barton Longacre, Head Engraver at mint.


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**When we say that 61,326,000, of these coins were produced or minted in 1904 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.

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