September 2025: The 1877 Indian Head Cent – The King of Small Cents

Among U.S. one-cent pieces, no coin commands more attention than the 1877 Indian Head Cent. Often dubbed the “key date” of the series, this penny holds its place as the most sought-after regular-issue Indian Head cent, prized for both its rarity and lore.

Struck during the economic hardship of the Panic of 1873, only 852,500 were minted—one of the lowest figures in the series. Many Americans hoarded coins at the time, and few 1877 cents entered circulation. Today, locating a well-preserved example is a challenge, especially in higher grades.

Designed by James B. Longacre, the obverse features Liberty wearing a Native American headdress, a distinctly American symbol of the post-Civil War era. Its reverse shows the classic laurel wreath and shield.

Even in Fine condition, the 1877 cent can fetch over $1,000, with top-grade examples reaching $10,000–$15,000+. Its value, beauty, and scarcity make it a cornerstone of any serious penny collection.

Whether you’re a seasoned numismatist or new to the hobby, the 1877 Indian Head Cent is a coin that embodies the grit and history of 19th-century America.