Indian Head Cent 1894 G-VG

The Panic of 1893 continued to haunt the country into the following year. As 1894 wore on, many labor union strikes occured. The government established the first Monday of every September as Labor Day. Many of the buildings from the World’s Columbian Exposition, that saw so much joy the year before, burned in a fire in the very beginning of 1894. All these ills did not stop the industrious American from innovating towards a better life. Coca-Cola sold its beverage out of a bottle for the first time. Milton Hersey began marketing chocolate bars, not very long from now, Hersey, Pennsylvania would be known as Chocolate Town, USA. In coin news, the San Francisco Mint only issued 24 dimes this year, creating an extreme numismatic rarity.

This year’s mintage was the lowest for the decade. Because of the Panic of 1893, many citizens brought out their coins they kept in hiding. This flooded the market for cents and small coinage. Due to this, the US Mint stopped striking cents in the spring. They would not resume for months. The1894 Indian Head cent has a mintage of only 16,000,000. Although the mintage was so low this year, it is not too much scarcer than other years. Many coins were, in fact, saved in higher grades, but somehow it can be more difficult to find the 1894 Indian Head cent in lower grades.

Although the mintage for cents for circulation was so low, the proof issues’ mintage would actually increase in the year 1894. They typically come with good mirrors, however, cameos are still very difficult to find. This year does have one of the top varieties for the entire series. The Snow-1 or 1894/1894. This is likely the most collectible repunched date in the whole series. It is bold and easily spotted by collectors, even in low grades! If you have any questions regarding the Indian Head Cent or varieties, please contact any of our knowledgeable staff at 800-735-1311, and we’ll be happy to assist you!

• Denomination: Cent
• Year: 1894
• Diameter: 19 mm
• Mint Mark: N/A
• Thickness: 1.5 mm
• Grade: Ungraded