Investor kit made up of 3 brochures

Get $500 and your FREE investor kit!

American gold eagle coin Request your FREE Precious Metals Investor Kit and we’ll immediately add $500 to your account to help you get started!

The $500 can be used for shipping, insurance charges or IRA custodial fees

Lear does not provide financial advice and is a for profit retailer.
Skip to main content
Back to Top
Speak to a specialist 800-576-9355

1859 Indian, Laurel Wreath

Front - 1859 indian head penny Back - 1859 indian head penny

Description

AS though in tribute to the Native American, coinage of the Indian Cent motif began in 1859. There were, however, some pattern coins minted in 1858, perhaps for design approval. The obverse depicts a stylized Indian facing left, wearing a feathered headdress upon, which is a band inscribed LIBERTY. To the left is UNITED STATES, and behind the head appears OF AMERICA. The date is below. The reverse employed on the 1859 cent shows a narrow wreath of laurel leaves enclosing the word ONE CENT. Although the laurel wreath was discontinued for cent coinage after 1859, Longacre brought it to life later for an adaptation used on the reverse of the nickel three-cent piece (minted 1865-1889). Examples of the 1859 Indian cent are readily available in all grades from Good through AU. Uncirculated coins are scarcer, and superb Uncirculated pieces are quite elusive.

Valuation

Proofs were made for collectors, to the extent of an estimated 800 coins, and are occasionally available, although superb Proofs are decidedly rare.
COIN NAME
1859 Indian, Laurel Wreath
DESIGNED BY
James Barton Longacre
ISSUE DATE
1859
COMPOSITION
0.88 part copper, 0.12 part nickel
DIAMETER
19 mm
WEIGHT
72 grains
EDGE
Plain
BUS MINT
36,400,000
PROOF MINT
800 (estimated)

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.