when was the first indian head penny made
1859
title: Indian Head cent text: the letter "N" in "ONE" on the reverse. This may have been a secret mark, added to catch a thief within the Philadelphia Mint. The Indian Head cent was struck in large quantities and most dates remain inexpensive: Yeoman lists all dates from 1900 to 1908 from Philadelphia at $2 in Good-4 condition. The record holder for the denomination is a proof specimen of the 1864-L, of which there were an estimated 20 struck; it sold for $161,000 in 2012. Explanatory notes Citations Bibliography Indian Head cent The Indian Head cent, also known as an Indian Head penny, was a title: Indian Head cent text: as of "liberty"). In late 1908, Roosevelt sat for sculptor Victor David Brenner, who was designing a medal for the Panama Canal Commission. It is uncertain how Brenner was selected to design the coin, but in January 1909, Mint Director Frank A. Leach hired him to design a Lincoln cent. This went into circulation later in 1909, putting an end to the Indian Head cent series. Indian Head cents were popular among coin collectors even in the half-century when they were produced; since then, with the growth of the hobby, interest has increased. The 1930s introduction of inexpensive coin albums title: Indian Head cent text: Indian Head cent The Indian Head cent, also known as an Indian Head penny, was a one-cent coin ($0.01) produced by the United States Bureau of the Mint from 1859 to 1909. It was designed by James Barton Longacre, the Chief Engraver at the Philadelphia Mint. From 1793 to 1857, the cent was a copper coin about the size of a half dollar. The discovery of gold in California caused a large inflation in prices. As gold became more abundant, the price of copper rose. Cent and half-cent manufacture was one of the only profit centers for the Mint and title: Penny (United States coin) text: It was adopted in 1909 (which would have been Lincoln's 100th birthday), replacing the Indian Head cent. Its reverse was changed in 1959 from a wheat-stalks design to a design which includes the Lincoln Memorial (to commemorate Lincoln's sesquicentennial) and was replaced again in 2009 with four new designs to commemorate Lincoln's bicentennial. There are more one-cent coins produced than any other denomination, which makes the Lincoln cent a familiar item. In its lifespan, this coin has weathered both world wars, one of which temporarily changed its composition as part of the war effort. The obverse is the longest design title: Indian Head cent text: produced by a mine at Gap, Pennsylvania, owned by industrialist Joseph Wharton. On March 19, Pollock wrote to Chase that they had no more nickel, nor was any available from overseas; "we are thus shut up to the home supply; from the works of Mr. Wharton". Opposed to the removal of nickel from the cent, Wharton published a pamphlet in April 1864 proposing coinage of one-, two-, three-, five-, and ten-cent pieces of an alloy of one part nickel to three of copper, doubling the percentage of nickel used in the cent. Despite Wharton's efforts, on April 20, a select