It can be identified by looking at the last “A” in “AMERICA.” If it lines up with the Indian head’s lock of hair, you’ve found a type one penny. It’s worth about as much as an order at Starbucks in average condition, but in uncirculated mint condition, it’s worth around $278.
What year Indian head pennies are valuable?
1877 Indian Head Penny: Key Date
Although not an error or variety, the 1877 Indian Head cent had an extremely low mintage of only 852,500 coins. This has made it a key date and one of the most valuable coins in the series. Since this is the most valuable coin in the series, it is often counterfeited.
What makes an Indian head penny valuable?
The age and rarity of the coin has also made it very popular among collectors. These coins were designed to last and this is clearly evident today. You shouldn’t be surprised to find an Indian Head penny that appears pristine in appearance. The most valuable Indian Head Penny is the one that has a date of 1877.
How much is the Indian penny worth?
Indian Head Penny Values
|1859 Indian Head Penny||$15||$200|
|1860 Indian Head Penny||$10||$100|
|1861 Indian Head Penny||$25||$175|
|1862 Indian Head Penny||$10||$75|
Do Indian head pennies have value?
Market Analysis. Indian Head pennies do not contain any precious metals (e.g. silver, gold, etc.). Therefore, their value is derived from demands by coin collectors. Many people collect these coins, so the market is quite active and most dealers will pay top-dollar for nice specimens.
What is the rarest penny ever?
The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.
What year is a penny worth 1 million dollars?
The million dollar penny: Rare 1943 Lincoln cent bought by owner of the Texas Rangers for a cool $1MILLION.
How much is a 1880 Indian head penny?
CoinTrackers.com has estimated the 1880 Indian Head Penny value at an average of $6.00, one in certified mint state (MS+) could be worth $165.
Should I clean my Indian head penny?
DO NOT CLEAN YOUR COINS! Coins are cleaned because people inherently believe that a dirty coin has less value than a coin free of dirt and grime. … After centuries or even decades, a coin develops a natural patina; leaving it intact is in most cases the best route to insure the coin realizes the most money upon sale.