How much is an 1863 penny worth?
1863 Indian Head Pricing
|Source: Red Book|
What is the most valuable Indian head penny?
These are the most valuable Indian Head pennies, from least to most expensive.
- 1895 Indian Head Cent. Penny value: $172.
- 1885 Indian Head Cent.
- 1886 Indian Head Cent (Type 1) (Tie)
- 1874 Indian Head Cent (Tie)
- 1875 Indian Head Cent.
- 1873 Indian Head Cent (Open 3)
- 1878 Indian Head Cent (Tie)
- 1876 Indian Head Cent (Tie)
How much does this 1863 Penny cost?
1863 Indian Head pennies were struck in huge quantities, with some 49,840,000 business strikes made; this means the 1863 penny is the most common of all copper-nickel Indian Head pennies, and this fact is seen in the price of Good-4 specimens, which sell for as little as $9 – about half the amount of some other copper-nickel Indian Head pennies. 460 proof 1863 pennies were made, and these are valued at around $3,100 .
What is 1863 Indian Penny made of?
1863. 1863 Indian Head cents were made with a copper-nickel alloy, which is fairly unusual for a denomination much more associated with the later bronze composition. This copper-nickel composition makes for a much more whitish appearance than many collectors would be accustomed to on the penny. 1863 would be the last full year that this composition was used, as in 1864 the U.S. Mint began using the bronze composition.
What is the value of a 1863 Indian Head penny?
Highest in value due to its outstanding condition the choice uncirculated 1863 Indian penny pictured is easily worth over $85. Just below the value chart are images and descriptions to compare your coin, giving you an idea of its grade. The importance of condition is represented with this 1863 penny. Oct 28 2019