Coin and Paper Money Collecting/penny

Advertisement


Question
i have a 2 1904 Indian Head Cent 1 is smaller
then the other and has copy printed on the back
why and is it worth anything

Thank you,
Rick

Answer
Hi Rick,
The one with copy is probably a merchant token.  This was a common practice for merchants to use a coin similar to a cent and advertise their business or show support for a political or war effort.  These trade for anywhere form $3 and up, depending upon what it is.
The other, normal coin, is worth about $1 in used condition.

Regards
Joe Hylas

Coin and Paper Money Collecting

All Answers


Answers by Expert:


Ask Experts

Volunteer


Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

©2012 About.com, a part of The New York Times Company. All rights reserved.