Old pennies set aside long ago when sold today are realizing high prices because of demand from selective collectors. While these coins are popularly called Indian Head pennies, the obverse of the coin. Any collector of Indian pennies would welcome such a nice coin into their collection.ĭavid Lawrence rare coin auctions sold this coin amid strong bidding for $149. 1,795 proofs were made, and these are worth 1,275 in choice condition. Stunning color along with the almost total absence of nicks and marks, results in a truly rare coin. Collectors avidly seek coins of this high condition.Ĭoloring and natural toning further enhances eye appeal, combining a fiery red obverse with a deep gold reverse. It has remained untouched since minting, a rare occurrence. This coin was thankfully not released into circulation and therefore it original surfaces and delicate mint luster is intact. Pictured is an example of a nice condition rarity 1895 Indian penny. 1898 is not a rare date in the series, only by deliberately judging condition are those with higher value set apart.High 1895 Indian Penny Value from Collectors The coin pictured highlights the need to evaluate these old coins carefully. Many Indian penny collections assembled long ago and now discovered by today's generation have the potential of yielding high grade examples. Your box of old coins should be handled carefully. The toned piece never entered circulation but turned a nice even brown losing the bright copper luster and now this 1893 penny is valued at 240. Pictured on the left is an original never cleaned 1893 penny with mint red color, valued 460. A remarkable coin that would enhance any advanced collection of Indian pennies.įeatured in a David Lawrence rare coin auction, bidding raised the value of this gem 1898 Indian penny to $678. Todays collectors show a preference in popularity and value between toned and brilliant Indian pennies.

With just a few of this quality remaining and the large number of collectors the value is always strong. Only on rare occasions does an old coin survive so nice. This example of a brown, mint state/uncirculated 1902 Indian Head Penny, in fairly good condition (63 on a scale of 60-70), with no other distinguishing features, sold for 94 in 2022 and its 2023 estimated value is 110. Bright golden luster, no visible blemishes, either nicks or darkness to the copper.

It is apparent the gem quality condition of this coin.

1898 indian head wheat penny value