In 1879 production of Indian Head cents went back over 10 million annually at the Philadelphia Mint and remained there till the end of the series. The lowest P mintage of this later period was 1885 (11,765,384). 1886 had the last design modification, again to the obverse. A new obverse hub was introduced producing two types for the year with the new version refered to as the Type II. By Charles E. Barber, it is a copy of the Longacre design in minutely lower relief and with a more compact legend, giving the illusion of a slightly lowered feather arrangement. It's most easily identified by the last feather's pointing between the C and A of AMERICA. The original design by Longacre pointed the last feather between the I and C (the other feathers appear higher in varying degrees). Approximately 25% of the 1886 Indian Heads were minted with the modified obverse, which remained until the end of the series. They are quite scarce in gem condition, especially full red.
1886 Type 1 compared to new feather formation on Type 2