Among all regular-issue Indian Head Pennies the 1877 variety stands out for its extreme scarcity due to its manufacturing total of 852,500. Most pennies entered circulation multiple times so there remain fewer exceptional examples available in modern times. Its market value reaches high levels due to its scarcity together with market demand and historic importance. People pay thousands of dollars for Indian Head Pennies that remain in superb condition. The coin attracts extensive demand from collectors because it serves to complete their collection thus becoming one of the most sought-after Indian Head Pennies.
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