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Type 2 pennies are typically more valuable because of some error on the penny. A type 2 Indian head penny are the ones minted from 1886 to909 and the last feather of the headdress is pointing between the letters C and A of America. In 2000 type 2 pennies have a space between the letters A and M of America. These rare pennies are not minted this way on purpose.
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