Coin Values Moving with Precious Metals: Up-Dated 2/8/2021: Gold $1813 | Silver $26.90
In steady demand by collectors, 1907 Indian head penny value in above average condition is double lesser grades.
The top two factors determining the value of your old Indian head penny are:
USA Coin Book Estimated Value of 1901 Indian Head Penny is Worth $3.14 in Average Condition and can be Worth $40 to $60 or more in Uncirculated (MS+) Mint Condition. Proof Coins can be Worth $152 or more. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. If an Indian Head penny displays what is called a Full Red color (as opposed to Brown or Red-Brown), its value will increase quite a bit. To illustrate the difference this color distinction can make, take a 1901 Indian Head cent graded at MS-65: when graded as Brown in color, the value is $150. Like most 20th Century Indian Head Cents, this date is common in all circulated grades. 1901 1C MS BN G VG F VF XF 50 53 55 58 60. And factors that coin buyers. I had recently come into a bunch of Indian Head Pennies, and with careful searching I found one that really stood out. It is a 1901 in VG condition, but the unique thing about this coin is that it has a ribbed edge just like a dime, and you can tell that it was struck this way, and not done by hand.
1) 1907 was the largest production year of the entire series, over 108 million were minted. Your coin is among many surviving until today. With large numbers to choose from collectors place a low value on heavily worn coins.
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2) Carefully judging the condition of your coin is key to discovering a valuable collectible. Finding detail remaining within the headband and feathers indicates your penny is worth many times the minimum.
Pictured is an Gem condition 'uncirculated' 1907 Indian head penny, value well above $30. This coin never entered circulation, as a result, no wear interrupts its surface. It is a close look into the bold and intricate design undisturbed by wear. All the original details remain. Below the value chart are images and descriptions going deeper into judging the condition of your old Indian penny.
| 1907 Indian Head Penny Value | ||||
|---|---|---|---|---|
| Condition of Coin | ||||
| Date | Good | Fine | Extremely Fine | Uncirculated |
| 1907 Indian Head Penny Value Updated | 2021 | |||
| 1907 | $1.48 | $2.49 | $7 | $31 |
Insight to Top 1907 Indian Penny Value
A 1907 Indian head penny is one of those years readily available in heavily worn condition. With so many minted (the largest number in any year) and at the ending of the series, large numbers remain. However, top condition examples are elusive and avidly collected.
Pictured is a gem quality 1907 penny, considered one to the finest condition Indian pennies to remain. Expert care preserves the original orange-red copper color, as well as the luster imparted in the minting process. Additionally, contact with hands, other coins and the elements was minimal.
Top condition examples of these old coins are infrequent to the market. When this one became available bidding at a David Lawrence rare coin auction raised gem quality 1907 Indian head penny value to $511. Multiple bids showing high interest as collectors looked to add a stunning prize to any advanced collection. Your box of old coins is worth a careful look.
Condition and 1907 Indian Head Penny Value
It is the small subtle changes in a coin's surface causing large swings in value. Often these differences are left to a magnifying glass to discover. Compare your coin to the images accurately judging its condition. All 1907 pennies are worth a close examination.
Uncirculated: Total absence of wear is required to reach the lofty 'uncirculated' grade. Original mint luster is still visible over the entire coin, often toned a pleasing brown. By tilting an uncirculated penny side to side, unbroken luster rotates across the surface. Also, inspect the high points of the design for evidence of wear. A dulling and smoothness of the surface on her eyebrow, cheek and the ends of the feathers is an indication of slight wear. Heavier wear is noticeable by flattening of normally curved contours.
Extremely Fine: A 1907 Indian head penny in 'extremely fine' condition is well defined in all areas of the design. Boldly rounded and separated are the hair curls and headdress ribbon below her ear. The headband remains very detailed with every letter in 'Liberty' complete and sharply defined. Overall a nice coin with some light wear that does not detract from its appearance.
Fine: As a collectible coin, 1907 Indian head penny value in 'fine' condition is generally double a lesser grade example. Moderate with ample detail defines the grade. Wear has reduced the highest details considerably but not to the point of merging one into the other. The ribbon behind her neck is still separated from the hair, although worn smooth as it crosses. All lettering of 'Liberty' is visible within the headband.
Good: If a coin's surface has received extensive wear it is referred to as 'good' condition. Although the portrait is very worn the bold design is clearly separate of the surface. Few details of the headdress remain, feathers are just an outline and the headband is obscured. Her facial features are very faint, the eye does have some depth and the cheek is faintly separated from her neck. If a small amount of roundness is visible to her face your 1907 Indian head penny value is slightly higher.
Coin Values | CoinStudy Articles
Date by Date
In Depth Indian Penny Value
1859 to 1882
1859 | 1865 | 1871 | 1877 |
1860 | 1866 | 1872 | 1878 |
1861 | 1867 | 1873 | 1879 |
1862 | 1868 | 1874 | 1880 |
1863 | 1869 | 1881 | |
1864 | 1870 | 1876 | 1882 |
Date by Date
In Depth Indian Penny Value
1883 to 1909
1901 Indian Head Penny Value Chart
1883 | 1890 | 1897 | 1904 |
1884 | 1891 | 1898 | 1905 |
1885 | 1892 | 1899 | 1906 |
1886 | 1893 | 1900 | 1907 |
1887 | 1894 | 1901 | 1908 |
1888 | 1895 | 1902 | 1909 |
1889 | 1896 | 1903 |
Indian Head Penny Value
A very popular coin, the value of an Indian Head penny as a collectible is appreciated by many in the hobby. Common dates are now worth one dollar each. Today, advanced and new collectors are building collections and putting a heavy demand on not only your 1907 Indian head penny value but also the very rare dates and better condition coins. Compare your coins to the values chart.
Accurate penny values are found by using grading images and descriptions to judge the condition of your coins. Next, check the date and values on the charts covering each series of US pennies. Discover all the rare varieties, dates and mintmarks combinations.
★Coin Values Discovery finds.. 1907 Indian Head Penny Value and..
All old US coin values. The home page is an excellent index, quickly leading to the major coin series. From Cents to Gold. Each with grading images and value charts.
Additionally, realize a better price if selling and finding coin buyers, when you have a good idea of accurate values.
Indian Head CentLongacre substitutes Indian Head designs for Flying Eagle By Paul Gilkes
COIN WORLD Staff Difficulty in modifying the Flying Eagle cent design to correct the problem of short die life and poor strikeability led Chief En..READ MORE
COIN WORLD Staff Difficulty in modifying the Flying Eagle cent design to correct the problem of short die life and poor strikeability led Chief Engraver James Barton Longacre to abandon the eagle motif in favor of his new Indian Head design in 1859. The head and tail of the eagle on the obverse of the copper-nickel Flying Eagle cent were positioned directly opposite the wreath on the reverse, creating weakness in the detail of the design with every strike. The chief engraver had been in his position for more than a dozen years when he was given the assignment to fix the existing cent design or produce a new one. At the same time Longacre produced the Indian Head obverse, three new reverse designs were also tested. One alternative included a plain oak wreath. The second choice depicted an oak wreath with a wide ornamented shield above. A third selection offered two versions of a plain laurel wreath. One of the latter two variations – the centered laurel wreath with low relief – was paired with the obverse Indian Head design to strike the first coins for circulation in 1859. The hub style was changed from narrow bust point in 1860 to a broad bust point, possibly to increase die life. A new reverse was introduced in 1860 as well, depicting a shield between the points of a new, oak wreath. A year before the Civil War ended, Congress took action to alter the composition of the small cents since the nickel coinage metal was in short supply and it was costing the Mint more than the face value to produce the coins. The Mint Act of April 22, 1864, amended the Act of Feb. 21, 1857, by changing the composition of the small cent from the 88 percent copper, 12 percent nickel – established with the Flying Eagle cent and the first nearly six years of Indian Head cent production – to a bronze alloy of 95 percent copper, 5 percent tin and zinc. This bronze alloy would remain constant throughout the rest of the Indian Head cent series, which closed its run in 1909. Along with the 2-cent coin, the bronze Indian Head cents marked the first token coinage of the United States, being valued only by the government stamp, not the metal content. The bronze Indian Head cent was released in July 1864. Its production proved profitable to the federal government, as 3.7 bronze cents could be reproduced from every recoined copper large cent. During the Civil War, large numbers of cents were hoarded, then later dumped into circulation, causing a glut. In 1871, this coinage saturation was alleviated when legislation called for the redemption and recoinage of all earlier minor coins, allowing financial institutions to redeem larger amounts of coins. Enough copper was redeemed to keep the Mint going for six years. In 1873, the country's economic woes plunged the nation's populace to again flood commerce with hoard coins as they could no longer afford to accumulate them. The new infusion of coins created rarities of the 1870, 1871 and 1872 dates, causing larger than usual mintages for the 1874 and 1875 cents. The Mint's self-imposed stance to combat high planchets prices by not buying them certain years resulted in lower production in 1885, 1886 and 1894. The Mint began making its own cent planchets in 1908. Indian Head cents were all struck at the Philadelphia Mint, except in 1908 and 1909, when examples were also struck at the San Francisco Mint. Mintage was low for the 1908-S issues since the San Francisco Mint, rocked by the Great Earthquake two years earlier, had only one press available to produce cents.
Indian Head cent | |
| Date of authorization: | Feb. 21, 1857 |
| Dates of issue: | 1859-1909 |
| Designer/Engraver: | James B. Longacre |
| Diameter: | 1859-1864: 19.30 mm/0.76 inch 1864-1909: 19.05 mm/0.75 inch |
| Weight: | 1859-1864: 4.67 grams/0.15 ounce 1864-1909: 3.11 grams/0.10 ounce |
| Metallic content: | 1859-1864: 88% copper, 12% nickel 1864-1909: 95% copper, 5% tin and zinc |
| Edge: | Plain |
| Mint mark: | 1908-1909, reverse under wreath |
