1898 indian head penny beads on necklace

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So, its price exclusively depends on demands. This coin is collectible but doesn’t contain any precious metal. Only Philadelphia mint produced them this year, so all pieces are without a mint mark. In fact, you can see Lady Liberty wearing an Indian headdress on the obverse. It was the first US coin to feature a Native American image. These coins were heavier initially and weighed 0.16473 ounces (4.67 g) from 1859 to 1864. Later, its composition changed, and new coins were made of 95% copper and 5% zinc and tin from 1864 to 1909.

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Initially, it contained 88% copper and 12% nickel from 1859 to 1864. In 1858, the US Mint produced only patterns and started minting regular issues in 1859. It was the first small cent to carry a one-cent face value. James Barton Longacre, the US Mint chief engraver, designed this fantastic coin.

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