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Our Site: http://www.varietyerrors.com My Book on Amazon: https://www.amazon.com/dp/1693896982 Indian Head pennies are one of the most popular coins amongst coin collectors, commonly collected by date, as there were a few years where mintage was low, but also collected by type collectors and by mint mark. Despite their name as "Indian Head Penny" the obverse of this coin actually features a Caucasian Lady Liberty, donning a Native American headpiece that is traditionally worn by Native American men of certain status. "As numismatists have noted, the use of a Native American Liberty motif is highly ironic since the coin was created during an era when Native Americans had lost their ancestral lands and were relocated to reservations, where some still live today." -- Bullion Shark Designed by Chief Engraver James B. Longacre, the Indian Head Cent or "penny" was first minted as a pattern coin in 1858. The design was chosen out of a few options, it's likely that Mint Director James Snowden chose the Indian Head paired with the laurel wreath due to it's low relief, meaning it would likely strike well. The coin was officially released in 1859 and stayed in production until 1909 when it was replaced by the ever popular wheat penny. The popular story behind the model for the penny was that Longacre's 12 year old daughter was in the shop one day and tried on the Native American headdress Longacre was using as reference. This is false though, as Longacre's daughter was 30 years old at the time. Longacre himself stated that he modeled the features of Liberty after a statue of "Crouching Venus", a statue in Philadelphia that was on loan from the Vatican. In 1860, the laurel wreath on the reverse of the coin changed to an oak wreath and shield. A few Indian Head cents of note are the 1877, which had an extremely low mintage of 852,500 making it a rather rare and valuable key date. The 1909-s Indian Head penny is also an incredibly low mintage key date, the 1909-s had a mintage of only 309,000! The 1908-s Indian Head penny was the first small denomination coin to have a branch mint mark. Thanks for joining the currency and coin community here on YouTube! We strive to put out videos as quickly as we can that cover coins and bank notes. LIKE AND SUBSCRIBE IF YOU ENJOYED THE VIDEO! AND... Remember... Always check your bills! Serial numbers, miscuts, and errors of all kinds can make their way into your pocket or wallet. These can be worth hundreds of dollars to thousands of dollars! Comment or email us any questions or suggestions for videos on coins, bills and other banknotes, precious metals and more! Don't forget to like and subscribe to our YouTube Channel so we can build the community and stay in touch! Helpful Links: Our Site: http://www.varietyerrors.com My Book on Amazon: https://www.amazon.com/Turn-Pocket-Ch...