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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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United States