People commonly use "Head Penny" as a nickname for the Indian Head Penny produced from 1859 to 1909. The coinage of Lady Liberty wearing Native American headwear has gained significant popularity among numismatists because of its presence on the valuable United States coins. The common dates of Indian Head pennies cost between $1–$10 when they are circulated but rare dates such as 1877 and 1909-S can reach values exceeding hundreds and thousands of dollars. High-grade examples with full details and original luster command premium prices. Indian Head Pennies continue to hold their worth as essential U.S. numismatic artifacts because people collect them for historical value or design purposes or monetary investment.

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