1887 Indian Head Cent

Coin Details

Auction Record

$1,175 MS66BN 01-24-2021 eBay

Description

Produced at the Philadelphia Mint, the 1887 Indian Head Cent is part of the Indian Head Cents 1859-1909 series. The U.S. Mint produced 45.2 million examples, making this the higher-mintage of the two mint variants, representing 69% of production. The obverse features Liberty wearing a feathered headdress, often misidentified as a Native American — actually represents Liberty adorned with a chief's war bonnet and the reverse displays an oak wreath with a shield at the top, enclosing ONE CENT. Struck during the Gilded Age of rapid industrialization and the great silver debates, when monetary policy shaped elections and economic destiny. Coined at the Philadelphia facility, the nation's original mint that has operated continuously since its 1792 founding. Estimated market value ranges from $5 to $144 depending on grade and condition. Struck in 95% copper, 5% tin and zinc, weighing 3.11 grams, 19 mm in diameter, with a plain edge. Cataloged as PCGS #2157.