This is the granddaddy of them all! Only a single overdate has been found in the IHC series. The 1888 OVD-001 is the most coveted of all Indian Cent varieties. Extraordinarily rare, it can command extensive premiums in even the lowest of grades. Overdates occur when a die’s date is repunched with a digit punch of another year.
These types of varieties occur relatively infrequently in US coinage history, but the mint continually refined its process to prevent overdates and repunched dates from occurring. In 1909, they began to punch the date directly into the master die. Thus, they can not occur after 1909. However, placing the date on the master die allowed the possibility of the date to be doubled on doubled dies. The most famous example of this would be the 1955 Doubled Die Lincoln Cent.
In the Flying Eagle Cent series, we have two overdates. The 1858 OVD-001 and 1858 DDO-001, OVD-002. The earlier die states are more desirable.
Overdates of the Flying Eagle and Indian Head Cent Series