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Indian Head Penny Values


The Indian Head Cent was minted by the United States government from 1859-1909. The coins that were struck between 1859 and 1864 were composed of 88 percent copper and 12 percent nickel, as required by law. In 1864, the weight of the coins was reduced from 72 grains to the present weight of 48 grains, and the alloy changed to 95 percent copper and 5 percent tin and zinc. According to records at the United States Mint, the design of the Indian Head cent became official on January 1, 1859, and was first released into circulation early that year. When the coin was first produced, Longacre's initials did not appear on the coin, but beginning in 1864, a small "L" was added to the ribbon of the headress, thus making two varieties for that year. The manufacture of the Indian Head Cent at the San Francisco Mint in November 1908 marked the first time this denomination of coins was minted outside of Philadelphia. One-cent coin production did not begin at the Denver Mint until 1911. Color is a significant factor in the value of an Indian Head Cent. The coins will be found in a broad range of colors from a deep brown to a rich red with the redder being the more scarce and more sought after of the series.



Copper/Nickel



Date and MintGVGFVFXFUNCBU
1859$14.30$19.00$28.50$57$120$285$3325
1860$12.40$16.20$25.75$48.00$81$175$1235
1860 Pointed Bust$16.20$23.75$33.25$62$120$260$9500
1861$20.90$30.50$48.00$71$95$190$1235
1862$11.40$12.40$4.75$19.00$33.25$95$1045
1863$9.50$11.40$13.30$17.10$28.50$90$1045
1864$19.00$33.25$38.00$67$120$215$1520




Bronze



Date and MintGVGFVFXFUNC BU
(Brown)
BU
(Rd/Brn)
BU
(Red)
1864$9.50$19.00$28.50$48.00$71$120$285$335$1425
1864 L on Ribbon$48.00$71$125$190$285$430$1190$1425$3800
1865 Plain 5$9.50$14.30$23.75$28.50$42.75$120$665$855$1330
1865 Fancy 5$8.55$14.30$20.90$25.75$38.00$105$570$715$1330
1866$48.00$67$95$120$190$310$1045$1235$4750
1867$52$71$105$130$200$330$1095$1330$7125
1867/67$95$145$190$285$475$950$1900$2375$19000
1868$38.00$48.00$76$130$190$335$760$950$4750
1869$86$120$245$380$475$665$760$1665$4750
1869/69$145$240$450$570$760$1045$950$1900$5700
1870$67$120$260$335$405$570$1425$1900$3800
1872$105$190$430$525$665$810$1900$3800$19000
1873 Closed 3$48.00$71$120$165$240$430$950$3090$7600
1873 Open 3$19.00$33.25$67$95$165$285$760$1140$9500
1873 Double Liberty$285$715$1140$1900$3325$9500$23750----
1874$14.30$23.75$48.00$67$105$240$475$760$3800
1875$17.10$33.25$57$76$120$240$460$855$2850
1876$28.50$42.75$76$145$240$355$595$1140$2850
1877$855$950$1425$1900$2470$3990$7125$14250$19000


Date and MintGVGFVFXFUNC BU
(Brown)
BU
(Rd/Brn)
BU
(Red)
1878$28.50$38.00$71$145$240$430$620$950$2850
1879$7.60$11.40$16.20$33.25$71$95$285$380$1045
1880$2.85$4.75$6.65$11.40$28.50$71$260$380$950
1881$2.85$4.75$6.65$11.40$20.90$57$225$405$950
1882$2.85$4.75$6.65$11.40$20.90$57$225$355$950
1883$2.85$4.75$6.65$11.40$20.90$57$225$355$950
1884$4.75$5.70$8.55$13.30$33.25$71$310$475$1425
1885$7.60$8.55$13.30$33.25$71$120$340$760$2375
1886 I$5.70$8.55$20.90$67$155$240$665$1140$5700
1886 II$9.50$19.00$33.25$71$165$285$1235$2375$14250
1887$2.60$3.80$5.70$7.60$33.25$62$240$380$1900
1888$1.90$3.80$6.65$9.50$33.25$62$430$855$2375
1888/7$1900$2850$4750$8550$13300$38000------
1889$1.90$2.85$5.70$8.55$23.75$52$285$665$2185
1890$1.65$2.40$3.80$4.75$11.40$33.25$240$355$1570
1891$1.65$2.40$3.80$4.75$11.40$33.25$240$355$1045
1892$1.65$2.40$3.80$4.75$11.40$33.25$240$355$1330
1893$1.65$2.40$3.80$4.75$11.40$33.25$240$430$1330


Date and MintGVGFVFXFUNC BU
(Brown)
BU
(Rd/Brn)
BU
(Red)
1894$4.75$6.65$13.30$20.90$52$95$335$405$950
1894 Double Date$33.25$48.00$95$165$285$760$1900$7125$9500
1895$1.65$2.40$3.80$4.75$12.40$33.25$160$380$950
1896$1.65$2.40$3.80$4.75$12.40$33.25$160$240$855
1897$1.65$2.40$3.80$4.75$12.40$33.25$160$240$855
1898$1.65$2.40$3.80$4.75$12.40$33.25$160$215$665
1899$1.65$2.40$3.80$4.75$12.40$33.25$160$215$665
1900$1.65$2.40$3.80$4.75$12.40$33.25$160$215$665
1901$1.45$2.15$3.35$3.80$7.60$23.75$150$165$475
1902$1.45$2.15$3.35$3.80$7.60$23.75$150$165$475
1903$1.45$2.15$3.35$3.80$7.60$23.75$150$165$475
1904$1.45$2.15$3.35$3.80$7.60$23.75$150$165$475
1905$1.45$2.15$3.35$3.80$7.60$23.75$150$165$475
1906$1.45$2.15$3.35$3.80$7.60$23.75$150$165$475
1907$1.45$2.15$3.35$3.80$7.60$23.75$150$165$475
1908$1.45$2.15$3.35$3.80$7.60$23.75$150$165$475
1908 S$67$86$95$120$165$245$665$1045$2470
1909$1.45$2.15$3.35$3.80$7.60$23.75$150$165$475
1909 S$525$545$595$665$785$950$2280$2850$5225


These prices for Indian Head Cents are provided as a service to Hobbizine readers. They are derived from numerous sources such as dealer price lists, advertisements in numismatic publications, and public auction results. Use these values as a guideline for evaluating the reasonableness of dealer prices, setting up trades with other collectors, and estimating the worth of your collection.


Some notes about grading:



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