Indian Head Penny 1901 Bronze Coin Grade G
The Indian Head one cent coin was produced by the United States Mint from 1859 to 1909. Two major versions of the Indian penny were made over the years - Flying Eagle Type 1857 to1858 and Indian Head 1859 to 1909. The obverse of the coin shows UNITED STATES OF AMERICA, the head of a Native American wearing a feather head dress, and the year of production. The word LIBERTY appears on the band of the head dress. The coin's reverse side shows ONE CENT within an oak wreath (a laurel wreath before 1860), with three arrows inserted under the ribbon that binds the two branches of the wreath. Between the ends of the branches is the shield of the United States (which was not in the original design and did not appear on the coin until 1860). The mintmark is located below the wreath on the 1908 and 1909. The coins struck between 1859 and 1864 contained 88% copper and 12% nickel, as required by law. In 1864, the alloy changed to 95% copper and 5% tin and zinc, and the weight of the coins was reduced from 72 grains to 48 grains. The Indian head penny remains one of the most collectible coins. This 1901 circulated Indian head penny is graded G for Good.