1907 Indian Head Penny CoinTrackers.com Coin Values Online Type: Indian Head Penny Year: 1907 Mint Mark: No mint mark Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $3, while one in mint state (MS) condition could bring $167 at auction if certified. An Indian head penny is.not. a wheat penny. Indian head pennies have an oak wreath with the US seal on the back of them. Wheat pennies weren't made until 1909. That having been said - the average value for a 1907 Indian head penny appears to be about $1.00. A few are gong for more than that on eBay. Find the current Indian Cent values by year, coin varieties, and specific grade.
The Indian Head Cent was issued as the second design for the small cent. The coin was designed by James B. Longacre and features an image of Liberty in a Native American headdress on the obverse, which lends itself to the series name. The reverse of the coin first featured a laurel wreath, which was replaced with an oak wreath and shield after only one year. Msn money.
The series was produced from 1859 to 1909 with a few design modifications. The composition of the Indian Head Cent began as 88% copper and 12% nickel. This proved difficult to strike and the composition was changed to 95% copper and 5% tin and zinc during 1864. For this year, pieces were struck in both the copper nickel and bronze.
For the Indian Head Cent series:
- There were 54 regular issues for the series. This include the two compositions used during 1864 and the San Francisco Minted pieces for the final two years of the series.
- The series had a duration of 50 years from 1859 to 1909. Coins were issued for every year inclusive at the Philadelphia Mint and for the final two years at the San Francisco Mint.
- The highest reported mintage is for the 1907 Indian Head Cent with 108,138,618 pieces. This was also the only issue of the series with a mintage above 100 million.
- The lowest reported mintage is for the 1909-S Indian Head Cent with 309,000 pieces reported struck. Along with the 1877, this is one of only two issues of the series with a mintage below 1 million.
- The average mintage across all 54 regular issues of the series is 34,252,575.
1900 Indian Head Penny
Indian Head Cent Mintages
Source: Indian Head Cent
CoinTrackers.com has estimated the 1907 Indian Head Penny value at an average of $3, one in certified mint state (MS+) could be worth $167. (see details)..
Type:Indian Head Penny
Mint Mark: No mint mark
Face Value: 0.01 USD
Total Produced: 108,137,000 [?]
Silver Content: 0%
Numismatic Value: $3 to $167.00
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $3, while one in certified mint state (MS+) condition could bring as much as $167 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1907, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: This coin was designed by James Barton Longacre, Head Engraver at mint. With over 108 million of the 1907 Indian Head Cents issued these are the most widely produced Indian Head Penny ever.
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**When we say that 108,137,000, of these coins were produced or minted in 1907 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
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