1898 Indian Head Penny Value Guide

The 1898 Indian Head Penny is a staple of late 19th-century American numismatics, designed by James Barton Longacre. While it depicts Lady Liberty in a romanticized Native American headdress, it remains a highly sought-after collectible representing the era between the Flying Eagle and Lincoln cents.

What Is 1898 Indian Head Penny Worth?

The typical price range for 1898 Indian Head Penny is $5 - $10 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• Surface condition and the visibility of the word 'LIBERTY' on the headband significantly impact the $5-$10 price range.
• The presence of original mint luster or 'red' coloration versus a brown, circulated finish.
• Any signs of cleaning, scratches, or environmental damage that might lower the value toward the bottom of the range.
• Sharpness of the feathers in the headdress and the clarity of the oak leaves on the reverse.

How to Identify 1898 Indian Head Penny?

• Look for the 'United States of America' inscription surrounding the Lady Liberty profile on the obverse.
• Verify the 1898 date located at the bottom center of the obverse side.
• Check the reverse for the 'One Cent' denomination enclosed within an oak wreath and a small shield at the top.
• Confirm the material is bronze, which gives the coin its characteristic reddish-brown or chocolate patina.

History of 1898 Indian Head Penny

The Indian Head Penny, designed by James Barton Longacre, was minted from 1859 to 1909. It succeeded the Flying Eagle Cent and was replaced by the Lincoln Cent. The coin's design, featuring Lady Liberty wearing a Native American headdress, caused some controversy due to its romanticized depiction. Despite this, it remains a beloved piece of American numismatic history.