Lot Number:5
Start Time:5/30/2024 4:00:00 AM
End Time:6/16/2024 10:02:00 PM
Bid Count:38
Winning Bidder:R****d
Starting Bid:$1.00
Bid Increment:$6.50
Current Bid:$215.50
Bidding complete

The 1860 Indian Head Penny is a significant coin in American numismatic history,  being the first year of the new design that ran until 1909. Here's a breakdown of its features and value:

* **Design:**  The obverse (heads) side of the coin features Lady Liberty wearing a Native American headdress designed by James B. Longacre. The reverse (tails) side depicts a wreath surrounding the denomination with a shield and crossed arrows in the center.
[Image of 1860 Indian Head Penny]
* **Material:** Unlike pennies today, 1860 Indian Head Cents were made of copper-nickel, giving them a distinctive yellowish color.
* **Value:** The value of an 1860 Indian Head Penny depends on its condition. In circulated condition, they can range from $10 to $235, while uncirculated specimens can sell for as high as $15,000.  

Here are some factors that can affect the value of a 1860 Indian Head Penny:

* **Condition:** As mentioned earlier, the overall condition of the coin is the most important factor.  
* **Mintmark:** There's no mintmark on the 1860 Indian Head Penny as all were minted in Philadelphia.
* **Variety:** There are two main varieties of the 1860 Indian Head Penny - the Pointed Bust and the Rounded Bust. The Pointed Bust variety is slightly rarer and can be worth more money.  

If you have a 1860 Indian Head Penny and you are interested in determining its value, you can take it to a professional coin dealer or auction house for appraisal. You can also submit it to a grading company for certification.

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