The coin in question is an Indian Cent, minted in 1876 at the Philadelphia Mint, and is a notable piece in American coinage. It is a one-cent denomination, commonly referred to as a penny, and is composed of bronze. This specific coin is classified as a Proof, meaning it was produced with a high degree of craftsmanship and shiny finish, intended for collectors rather than general circulation. The 1876 Indian Cent features the iconic Indian head design, which has become emblematic of this series. With a diameter of 19 mm and a weight of approximately 3.11 grams, this coin fits comfortably in the hand while representing a significant piece of American history. A mintage of just 1,150 pieces highlights its rarity, making it a sought-after item for numismatists and collectors alike. The coin holds a high degree of historical and collectible value, especially given its low mintage and the distinctive qualities characteristic of Proof coins. Its current condition and grading will strongly influence its market value among collectors, with well-preserved examples likely commanding higher prices. In summary, the 1876 Indian Cent (P) is a rare and beautifully crafted coin from the United States, symbolized by its iconic design and historical significance, making it an exceptional piece for any collection focused on American coinage.
