1908 Proof Indian Head Cent

Coin Details

Auction Record

$1,645 PR66BN 12-16-2021 Legend Rare Coin Auctions

Description

The 1908 Proof Indian Head Cent is a proof cent struck at the Philadelphia Mint, part of the Indian Head Cents 1859-1909 series. With a mintage of 1,620, this is an extremely rare issue — the lowest mintage among 3 mint variants, representing only less than 1% of total 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. First year of San Francisco production for the denomination, making the 1908-S a significant issue. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value is approximately $313. Struck in 95% copper, 5% tin and zinc, weighing 3.11 grams, 19 mm in diameter, with a plain edge. Cataloged as PCGS #2411.