Over the past 167 years or so, when the U.S. Mint struck ... Explore More: Check Your $2 Bills — They Could Be Worth a Ton The 1864 Indian Head penny has an “L” on the ribbon behind the ...
“According to the Mint’s annual report, a penny last year cost 3.69 cents to produce ... This was quickly replaced by the well-known Indian Head cent — long a staple of any coin collector ...