Indian Head Cent Replica 1oz .999 Silver Medallion – The May 2015 Silver of the Month

2015 May Silver of the Month

For the May 2015 SilverTowne Silver of the Month, we are featuring our 2015 Indian Head Cent Replica .999 Silver Medallion. Designed by James B. Longacre, Indian Head Cents (also known as Indian Pennies) were struck from 1859-1909. Indian Head Cents actually depict a representation of Liberty wearing an Indian headdress, rather than an actual Native American as their common name suggests. Originally, these coins were popularly referred to as nickels or nicks prior to the release of nickel five-cent pieces. They were also later referred to as white cents.

United States cent coins produced from 1793 to 1857 were the size of a half dollar and made of copper. The size was reduced in 1857 due to rising costs of copper, which brought us the first US small cent, the Flying Eagle. The newly created Flying Eagle Cent was similar in size to modern-day cent coins, but thicker and heavier – made of copper-nickel. The design of the coin led to difficulties producing it, so it was only produced for three years. In 1859, the Flying Eagle was replaced with the Indian Head design.

The Coinage Act of 1864 authorized the U.S. Mint to come up with a slimmer cent made of a bronze alloy, which resulted in a change in composition of the Indian Head Cent. This Act of Congress came about in response to the copper-nickel cents being hoarded during the Civil War years because nickel was in short supply. In 1909, the Indian Head Cent was replaced by the Lincoln Cent, which we still use in circulation today (albeit with several design updates along the way, most notably on the reverse of the coins).

The obverse of the 2015 Indian Head Cent Replica 1oz .999 Silver Medallion features a depiction of the design from the one-cent coins, Lady Liberty wearing an Indian headdress with UNITED STATES OF AMERICA inscribed around the main image. The year 2015 is also inscribed on the front of the medallion. The reverse of the silver medallion replica features an oak wreath with a shield, which is similar to the Indian Head Cent coin's reverse (with the exception of the first year it was released). But instead of ONE CENT in the center of the wreath area like on the one-cent coin, the medallion is inscribed with ONE TROY OUNCE .999 FINE SILVER.

Take advantage of free shipping for the entire month of May to add the SilverTowne-Minted 2015 Indian Head Cent Replica .999 Silver Medallion to your collection.

Silver of the Month:
Based on customer feedback, the SilverTowne Silver of the Month allows you to add a variety of designs to your silver stacks with a different featured design offered with free shipping each month. As most investors in precious metals know, an ounce of silver is an ounce of silver – but many people like to have different designs in their silver stacks. After all, if you’re going to hold physical silver, why not make it fun and interesting as well as practical? By offering free shipping on a different featured design each month, we hope you will be able to add exciting new designs to your silver collection!