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The United States one-cent coin (often called a penny, from the British coin of the same name) is a unit of currency equalling one-hundredth of a United States dollar. The cent's symbol is ¢. It has been the lowest-value physical unit of U.S. currency since the abolition of the half-cent in 1857. The earliest one cent coins were large and made of copper. Their designs changed relatively often; there were three different types in 1793 alone, the Flowing Hair / Chain Cent, the Flowing Hair / Wreath Cent and the Liberty Cap Cent - the latter issued until 1796, after which came the Draped Bust type (1796 to 1807), the so-called Classic Head Cent (1808 to 1814) and the Coronet Cent, also known as Liberty Head (1816 to 1857). When a large copper coin became impractical, an alternative was sought. The Flying Eagle Cent was a transitional smaller type, struck between 1856 and 1858 in copper-nickel. Its design created production problems though, so it was decided to replace it with a new type; James Longacre's Indian Head design was selected and replaced the Flying Eagle in 1859 - initially also in copper-nickel until 1864, then bronze. The reverse shows the denomination and value surrounded by a wreath. The obverse shows a representation of Liberty (and not an actual American Indian) wearing an Indian headdress made of feathers, thus giving the coin type its name Indian Head Cent - sometimes abbreviated by collectors to IHC; it is also called the Indian Head Penny (IHP). Copper-nickel cents disappeared from circulation after the 1880s, to be replaced by the bronze cent. The earliest Indian Head Cents are the oldest coins in the world that are still current (next oldest are the 1879 Swiss Ten Rappen coins). They do not circulate in any meaningful way though - most have been worn down and melted, and the rest have been hoarded by collectors. In 1909, the Indian Head Cent type was replaced by the Lincoln Cent. | ||||||
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Buy American Gold Buffalo Coins |
Country | United States |
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Currency | US Dollar |
Coin Type | One Cent, Indian Head |
Issued | 1873 |
Symbol | Liberty, Indian Head |
Reverse | Shield of the Coat of Arms of the United States |
Face Value | 1 (x Cent) |
Circulation Mintage | 11,676,500 (11.7 million) |
Total Mintage | 11,677,600 (11.7 million) |
Current | Yes |
Material | Bronze |
Designer | James Barton Longacre |
Technology | Milled (machine-made) |
Shape | Round |
Orientation | Coin Alignment (Axis 6) |
Size | 19.0000 mm |
Mass | 3.1100 g |
OCC ID | RNAZ-OGWC-YNPN-OXJL |
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Image | Details |
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Indian Head Cent 1873 - Doubled Liberty
Copyright: PCGS Source |
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Indian Head Cent 1873 - Doubled Liberty
Copyright: PCGS Notes: Doubled die. Source |
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Indian Head Cent 1873 - Closed 3
Copyright: PCGS Source |
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Indian Head Cent 1873 - Closed 3
Copyright: PCGS Notes: Closed 3 in date. Source |
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Indian Head Cent 1873 - Open 3
Copyright: PCGS Source |
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Indian Head Cent 1873 - Open 3
Copyright: PCGS Notes: Open 3 in date. Source |
Source | Reference ID |
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Krause, Standard Catalog of World Coins | United States KM# 90a |
Schön, Weltmünzkatalog | Schön# 117a |