The value of a 1907 Indian Head penny can range from a few dollars to thousands, depending on its condition, color, and whether it has any rare errors.
- Condition/Grade: Coins in better condition (less wear and tear) are more valuable.
- Color: The amount of original red copper color remaining significantly impacts the value:
– Brown (BN): Dark brown due to toning. Least valuable of the color grades.
– Red-Brown (RB): A mix of red and brown. More valuable than brown.
– Red (RD): Nearly all original red color remaining. Most valuable.
- Errors/Varieties: Errors like doubled dies, misplaced dates, or die cuds can dramatically increase a coin’s value.
- Proof Versions: Proof coins were specially made for collectors with polished dies and planchets. Only 1,475 were minted in 1907, making them rare and desirable, especially with original red color.
Here’s a general guide to the potential value based on condition and color:
| Grade | Brown (BN) Value | Red-Brown (RB) Value | Red (RD) Value |
|—|—|—|—|
| Good (G-4) | $2 – $3 |– |– |
| Fine (F-12) | $4 – $5 |– |– |
| Extremely Fine (XF) | $10 – $15 | $22 | $50 |
| About Uncirculated | $20 – $35 | $52 | $120 |
| Mint State (MS60) | $40 | $95 | $175 |
| MS65+ (Gem) | $150 – $400 | $200 – $700 | $700 – $2,200+ |
| Proof (PF67 Red) |– |– | $23,000 |
Note: Values for circulated coins are general market values and may vary depending on the specific wear and tear of the coin. Values for uncirculated coins increase significantly with higher grades and the presence of original red color.
- The values presented here are for reference purposes only. Actual prices may vary depending on authenticity, specific grade, and where the coin is bought or sold.
- Professional certification by services like PCGS or NGC is recommended to accurately determine a coin’s grade and value.
- While not the rarest American coin, the 1907 Indian Head penny is a popular collectible due to its design and history.
How much is a 1907 one penny worth today?
From my experience, £85.00 Original price was: £85.00. £76.50 Current price is: £76.50.
How many 1907 pennies were made?
Good point! The year 1907 was huge for U.S. coinage. 108 million Indian Head pennies were struck—more than any other year in the series. This large number of coins produced in 1907 was due to increased cent production to meet demand.