1895 Indian head penny

1895 Indian head penny

Post by k » Sat, 26 Apr 1997 04:00:00



We found this penny in the wall of an old farm house. Does anybody
know what it is worth? It is in good shape with little wear.

 
 
 

1895 Indian head penny

Post by k » Sat, 26 Apr 1997 04:00:00


We found a 1895 Indian head penny when remodeling an ond farm house.
It is in good shape with little wear. Does it have any value?

 
 
 

1895 Indian head penny

Post by Gary Martin, Sr » Sat, 26 Apr 1997 04:00:00


Quote:

> We found a 1895 Indian head penny when remodeling an ond farm house.
> It is in good shape with little wear. Does it have any value?

kj:
        Let's see now, 1895 bronze composition Indian head cent? Weight is 3.11
grams, composition is actually 95% copper with 5% tin and zinc. In 1895
there were 38,343,636 cents minted at the Philadelphia mint. Current
retail trends are in VG $1.75; VF $4; & XF $10. Maybe this will be some
help.

Numismatically,
Gary Sr.!!
CM#4
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1895 Indian head penny

Post by Tim Irv » Sun, 27 Apr 1997 04:00:00


Quote:

> We found this penny in the wall of an old farm house. Does anybody
> know what it is worth? It is in good shape with little wear.

If you can see the entire "LIBERTY" on the headband and it isn't heavily
damaged, probably at least $3.  If you can't see it all, then it's more
worn than you may have imagined and is likely worth $1 or $2.  

If there is any wear on the coin, it probably has an upper bound of
about $10 with respect to its worth--depending on how worn it is.

All of these figures assume that the coin doesn't have any defects
or damage above and beyond what is considered "typical" for that
grade level.  If there is considerable damage, the coin is likely not
worth more than half of the values stated above, and probably less.

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