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U.S. Indian head pennies were minted from 1859 to 1909. U.S. Mint proof sets from 1988, which contain one of each coin minted during the year of issue, contain Lincoln head pennies. None of the authorized commemorative coins minted in 1988 were pennies. Therefore, a 1988 Indian head copper penny may have been made privately as a souvenir, but has no commercial value.
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