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1864 Indian Head Penny  

CoinTrackers.com has estimated the 1864 Indian Head Penny value at an average of $22, one in certified mint state (MS+) could be worth $250. (see details)...

1864 Indian Head Penny

Type: Indian Head Penny
Year: 1864
Mint Mark: No mint mark
Face Value: 0.01 USD
Total Produced: 13,740,000 [?]
Silver Content: 0%
Numismatic Value: $22 to $250.00
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $22, while one in certified mint state (MS+) condition could bring as much as $250 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1864, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

Additional Info: The values above are the the copper version of this coin. 1864 was a pretty good year for the Indian Head Pennies if you can find one in copper. Production dropped from 49 mil to just under 14 mil. As it goes scarcity creates value, so the 1864's are worth about 35% to 45% more than the 1863's. Just 370 proofs were issued this year and those are selling for around $900 if in proper condition. This was also the first year that this coin was issued with non copper versions. Again values and data above is for the copper version of this coin.

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**When we say that 13,740,000, of these coins were produced or minted in 1864 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Call or visit your local coin dealer for more information.

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