Since over 108 million pieces were minted, it is not particularly rare, and you can find one in decent condition at an low-cost price. however, its value is much higher than the current thaw value. In fact, you can expect that coins in the high classes are quite expensive .
Indian Head Penny History
James Barton Longacre, the US Mint headman engraver, designed this fantastic coin. It was the first belittled cent to carry a one-cent face value. In 1858, the US Mint produced entirely patterns and started minting regular issues in 1859 .
initially, it contained 88 % bull and 12 % nickel from 1859 to 1864. late, its composing changed, and newly coins were made of 95 % copper and 5 % zinc and tin from 1864 to 1909 .
1907 Indian head penny |
|||
| Location | Year | Minted | Value |
| Philadelphia | 1907 | 108,137,143 | $ |
| Philadelphia | 1907 proof | 1,475 | $ |
| Total | / | 108,138,618 | / |
These coins were heavier initially and weighed 0.16473 ounces ( 4.67 gigabyte ) from 1859 to 1864. From 1864 to 1909, their weight was lowered to 0.10970 ounces ( 3.11 g ) .
This penny is singular in one more direction. It was the beginning US coin to feature a native american trope. Well, in a way. In fact, you can see Lady Liberty wearing an amerind headdress on the obverse. lone Philadelphia mint produced them this year, so all pieces are without a mint mark .
1907 Indian head penny |
|
| Face value | 1 cent ($0.01) |
| Compound | 95% copper and 5% zinc and tin |
| Coin weight | 0.1097 ounces (3.11 g) |
| Coin diameter | 0.74803 inches (19 mm) |
| Shape | Round |
| Edge | Plain |
This coin is collectible but doesn ’ thymine incorporate any cherished metallic. so, its price entirely depends on demands. Nowadays, the indian head penny is the most popular american penny besides the Lincoln penny, so its value is pretty stable .
Since 108,137,143 of these coins were minted in 1907, it is not particularly rare. therefore, you can buy a beautiful piece for only a couple of dollars. interestingly, high-graded specimens are dearly-won, credibly because most of these coins were in circulation for years .
1907 Indian Head Penny
As I have already mentioned, entirely the Philadelphia mint produced indian head penny in 1907, so all coins are without a particular mint check .
1907 Indian head penny value* |
|
| Quality | Value |
| Good | $2.22 |
| Very good | $3.22 |
| Fine | $5 |
| Very fine | $6.5 |
| Extra fine | $11 |
| About uncirculated | $22 |
| MS 60 | $41 |
| MS 63 | $61 |
| PR 63 | $156 |
*by USA Coin book
This year was the largest and most meaning coinage class of the unharmed series, so the coins ’ value is not exceptionally high. Most pieces in effective condition are worth only $ 2, while you need to pay about $ 20 to $ 30 for the one in uncirculated stipulate .
1907 Indian head penny value* |
|
| Quality | Value |
| Good | $2 |
| Fine | $4.5 |
| Extra fine | $10 |
| Uncirculated | $20 |
*by JM Bullion
proof coins are more expensive, so you should set aside a few hundred dollars for one, but the final examination price will depend on its department of state. The most dearly-won 1907 MS 67+ RD indian forefront penny reached a record auction monetary value of an impressive $ 63,000 .
1907 Indian head penny value* |
||||
| Year | Quality | |||
| Good | Fine | Extra fine | Uncirculated | |
| 1907 | $1. 5 | $2.5 | $7 | $31 |
*by CoinStudy
Unlike coins produced in other years, the 1907 amerind head penny has no valuable key dates or rarities. The only relevant in assessing their prize are their condition and flush of market demand. It is besides unlikely that you will come across a counterfeit coin of this type .
1907 Indian head penny value* |
|
| Quality | Value |
| Good | $1 |
| Very fine | $2 |
| Extra fine | $3 |
| About uncirculated | $20 |
| MS 63 | $60 |
| MS 65 | $470 |
| PR 65 | $550 |
*by COIN HelpU
1907 Indian Head Penny Grading
For easy-to-find coins like the 1907 indian forefront penny, the merely criterion for determining the price is their stipulate. unfortunately, most of them were in circulation for decades, and you should be haunting in finding the one in high mark. however, even these coins won ’ triiodothyronine be besides expensive .
1907 Indian head penny value* |
||||
| Coin | Quality | |||
| Good | Fine | Extra fine | Uncirculated | |
| 1929 | $0.75 to $1 | $2 to $2.5 | $6 to $6.5 | $28+ |
*by Coinflation
The most valuable pennies distillery have original batch luster visible over the surface. You can recognize three coloring types, including :
- Coins with a brown surface
- Coins with a red-brown surface
- Coins with a red surface
Keep in heed that merely a professional party can formally grade any coin, but you can get an idea of their quality by looking at a few particular details .
Uncirculated – This penny spent no time in circulation, so its original texture and indian head have retained all necessary details. Despite the absence of break, their original luster has faded aside over time .
1907 Indian head penny value* |
|
| Quality | Value |
| Good | $1.45 |
| Very good | $2 |
| Fine | $3.35 |
| Very fine | $3.8 |
| Extra fine | $7.6 |
| Uncirculated | $23.75 |
| Brilliant uncirculated (brown) | $150 |
| Brilliant uncirculated (red and brown) | $165 |
| Brilliant uncirculated (red) | $475 |
*by Hobbizine
Extra fine – This mint is in about near-pristine condition with a well-defined design. however, you can notice a evanesce luster and light scratching on its open. The crucial point is the headband that needs to be even identical detail with arrant and sharply defined letters in the parole Liberty .
Fine – The penny of this rate was in circulation for a while. therefore, you will see signs of wear and the raised texture will probably be worn out. Such a coin will be fairly pleasing but with numerous strike and reduce highest details. All Liberty letterings within the headband are silent visible .
1907 Indian head penny value* |
|||
| Quality | With brown surface | With red-brown surface | With red surface |
| PR 60 | $143 to $172 | $176 to $211 | $260 to $299 |
| PR 61 | $162 to $195 | $221 to $254 | $292 to $336 |
| PR 62 | $188 to $226 | $260 to $299 | $325 to $374 |
| PR 63 | $221 to $254 | $299 to $344 | $364 to $419 |
| PR 64 | $292 to $336 | $422 to $486 | $650 to $780 |
| PR 65 | $422 to $486 | $572 to 658 | $1,500 to $1,720 |
| PR 66 | $910 to $1,090 | $1,150 to $1,310 | / |
| PR 67 | $3,440 to $4,060 | $4,060 to $4,690 | / |
*by Greysheet
Good – This penny was regularly circulated, so you will notification numerous signs of wear and tear, including cancel, flex, and chipping. much of its texture is worn down, and the Liberty confront is significantly smoothed. however, the bold design is hush visibly separated from the surface, and the coin ’ mho value will chiefly depend on the level of her face ’ mho plumpness .
Comparative Indian Head Pennies Prices by Year
Most indian oral sex pennies minted from the 1890s until the end of production, including those made in 1907, are reasonably bum nowadays. You can buy most of them for $ 3 to $ 30, depending on the condition .
Indian head penny comparison prices by years (JM Bullion) |
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| Year | Quality | |||
| Good | Fine | Extra fine | Mint state | |
| 1859 | $15 | $25 | $110 | $200 |
| 1860 | $10 | $20 | $65 | $100 |
| 1861 | $25 | $45 | $110 | $175 |
| 1862 | $10 | $20 | $50 | $75 |
| 1863 | $10 | $20 | $50 | $75 |
| 1864 | $20 | $40 | $100 | $150 |
| 1865 | $15 | $25 | $45 | $65 |
| 1866 | $50 | $80 | $190 | $250 |
| 1867 | $50 | $90 | $230 | $275 |
| 1868 | $40 | $70 | $170 | $220 |
| 1869 | $85 | $235 | $445 | $550 |
| 1870 | $80 | $220 | $400 | $500 |
| 1871 | $130 | $325 | $575 | $650 |
| 1872 | $100 | $370 | $575 | $700 |
| 1873 | $25 | $65 | $185 | $1,235 |
| 1874 | $20 | $45 | $100 | $150 |
| 1875 | $20 | $60 | $120 | $160 |
| 1876 | $35 | $70 | $225 | $240 |
| 1877 | $900 | $1,550 | $2,500 | $3,000 |
| 1878 | $35 | $60 | $200 | $275 |
| 1879 | $8 | $20 | $70 | $80 |
| 1880 | $5 | $9 | $30 | $60 |
| 1881 | $5 | $8 | $25 | $35 |
| 1882 | $5 | $8 | $25 | $35 |
| 1883 | $5 | $8 | $25 | $35 |
| 1884 | $5 | $10 | $27 | $40 |
| 1885 | $8 | $15 | $65 | $80 |
| 1886 | $6 | $20 | $140 | $175 |
| 1887 | $3 | $5 | $18 | $28 |
| 1888 | $3 | $5 | $22 | $27 |
| 1889 | $3 | $5 | $18 | $30 |
| 1890 | $3 | $5 | $16 | $30 |
| 1891 | $3 | $5 | $15 | $30 |
| 1892 | $3 | $5 | $20 | $30 |
| 1893 | $3 | $5 | $20 | $30 |
| 1894 | $5 | $15 | $50 | $70 |
| 1895 | $3 | $5 | $15 | $25 |
| 1896 | $3 | $5 | $15 | $25 |
| 1897 | $3 | $5 | $15 | $25 |
| 1898 | $3 | $5 | $15 | $25 |
| 1899 | $3 | $5 | $15 | $25 |
| 1900 | $2 | $5 | $10 | $20 |
| 1901 | $2 | $5 | $10 | $20 |
| 1902 | $2 | $5 | $10 | $20 |
| 1903 | $2 | $5 | $10 | $20 |
| 1904 | $2 | $5 | $10 | $20 |
| 1905 | $2 | $5 | $10 | $20 |
| 1906 | $2 | $5 | $10 | $20 |
| 1907 | $2 | $5 | $10 | $20 |
| 1908 | $2 | $5 | $10 | $20 |
| 1909 | $12 | $17 | $25 | $30 |
If you are one of the collectors who appreciate these coins and want to have the completed series, you should check the price of each particular penny. Besides a few rare and dearly-won pieces, most of these pennies are low-cost even for collectors on the budget.
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Summary
The 1907 indian promontory penny is not a rare and alone mint, but most collectors appreciate it as a valuable partially of american history. You can find pieces in the craved condition on the coin market and start an impressive collection for an low-cost price .
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