The 1864 Indian Head pennies have value together numismatic coins. Keep reading to learn much more about this one cent coins.

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The design and composition adjusted in 1864, for this reason there are two different species of this coin. There are the form 2 coins and also the kind 3 coins. The form 2 coins weigh 4.67 grams and they consist of 88% copper and also 12% nickel. The type 3 coins weigh 3.11 grams and they have actually a copper composition the 95% copper and 5% tin and zinc.

The designs room slightly different in between the 2 types. The type 3 coins have a contempt sharper portrait. Close to the finish of 1864 the designer"s initial together was added onto the lower ribbon behind Liberty"s neck. It helps to tilt the coin party in order to check out the initial. In addition, the pointer of the bust is one more indicator. It"s pointed top top the variety with the L and rounded for the range without the L.

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SeriesLocationQuantity Minted
1864 form 2Philadelphia13,740,000
1864 type 2 ProofPhiladelphia800-1,000
1864 type 3Philadelphia39,233,714
1864 type 3 ProofPhiladelphia170+

Value

The worth is going to depend on the coin"s kind and the condition. Below we will review the two various types.

Type 2 Coins

The 1864 Indian Head kind 2 coin is worth roughly $20 in good condition. In an extremely fine condition the worth is roughly $55. In very fine problem the value is approximately $100. In uncirculated problem the price is approximately $240 because that coins through an ms 60 grade. Uncirculated coins through a class of ms 63 can sell for roughly $400.

The 1864 Indian Head type 2 proof coin is worth around $850 in PR 63 condition.

Type 3 Coins

For the type 3 coins there room two various varieties. There are coins without the designer"s intitial L, and coins v the L.

The 1864 Indian Head form 3 penny with no l is worth about $15 in good condition. In really fine condition the value is approximately $45. In very fine condition the worth is approximately $70. In uncirculated problem the price is approximately $115 for coins v an multiple sclerosis 60 grade. Uncirculated coins v a grade of multiple sclerosis 63 deserve to sell for around $150. Proof coins are worth roughly $500 in PR 63 condition.

The 1864 Indian Head kind 3 penny through the together is worth approximately $55 in an excellent condition. In an extremely fine condition the worth is about $200. In exceptionally fine problem the value is about $275. In uncirculated problem the price is approximately $425 for coins v an ms 60 grade. Uncirculated coins v a class of ms 63 have the right to sell for around $575. Proof coins room worth roughly $25,000 in PR 63 condition.

Grading System

Good- words "LIBERTY" inscriptions on Liberty"s headband is no visible.

Very fine- words "LIBERTY" enrolled on Liberty"s headband is visible but there is slim wear.

Extremely fine- words "LIBERTY" inscribed on Liberty"s headband is sharp. The other details top top the coin are likewise sharp. Over there is slim wear top top the finish of the ribbon.

MS 60 uncirculated- There are no indications of wear. The coin has actually luster, however there might be a few stains, abrasions, or surface marks.

MS 63 selection uncirculated- In the major focal areas there room some blemishes or contact marks. The coin"s luster could not be as prominent.

PR 63 proof- This coin has reflective surfaces and only a couple of blemishes away from the significant focal points.


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There are no major flaws.