This pattern with the Indian cent obverse and a reverse with a large ornamented shield was part of a 12 piece set which were sold to collectors by the Mint. To view the set, click here.
This is one of several patterns using the Indian head design. For some correspondence by Longacre regarding this obverse as a replacement for the flying eagle, click here and for description of the use of pointed feathers in the headdress, click here.
Two obverse dies are known for these as follows: To compare both obverses side by side, click here.
Copper nickel with low date J212/P256 About a half dozen are known.
Copper nickel with centered date J212/P263 This is common and is the illustrated example.