Mint also struck proof 1896 pennies, though these were made in a much small quantity of just 1,862 coins. In a grade of Good-4, those sell for around $2.
In fact, 39,057,293 business strikes were made for commerce purposes. Most 1896 pennies are snapped up by numismatists who are assembling type sets, and they are also pursued by coin collectors who are putting together a series collection of Indian Head pennies.ġ896 Indian Head cents were struck in large numbers.
However, 1896 pennies are widely available at most coin shops and are frequently encountered in mixed-date rolls and bags. 1896 Indian Head cents are common coins from the numismatic perspective, which might not seem to be the case given the fact that these old pennies are virtually impossible to find in circulation these days.