The coin in question is an 1893 Indian Cent, a notable piece from the United States coinage that represents a rich historical background. Struck at the Philadelphia Mint, this penny is made of bronze, a common composition for coins of this era. With a diameter of 19 millimeters and a weight of 3.11 grams, it features the classic Indian Head design on the obverse and a laurel wreath on the reverse, showcasing the artistry and craftsmanship of late 19th-century American coinage. The mintage for the 1893 Indian Cent was approximately 46,640,000, making it a relatively common date among collectors. However, the coin's value can vary significantly based on its condition, which ranges from heavily worn examples to those that are well-preserved or uncirculated. As a coin that falls under the denomination of 1¢ (One Cent), it is not only a piece of currency but also a collectible item that reflects the cultural and historical significance of its time. Collectors value the 1893 Indian Cent for its aesthetic appeal and its connection to the rich heritage of American numismatics.