1897 One Cent Coin Value: Ranges from $3 to Over $31,000

The value of an 1897 Indian Head penny can vary significantly depending on its condition (grade) and any unique features or errors.

Here’s a breakdown of the typical value ranges based on condition:

• Circulated Condition:

– Good: $3
– Fine: $5
– Extremely Fine: $15

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• Uncirculated Condition: $25
• Graded Coins:

– VF (20-35): Around $38.00
– AU (50-58): Around $46.27
– MS62: Around $77.50
– MS64: Around $184.25
– MS66: Around $1,822.52

• High Grade: Coins in better condition, especially those graded as Mint State (MS) by reputable grading services like PCGS or NGC, command higher prices. For example, an 1897 Indian Head cent graded as Mintstate 67 sold for over $31,000.
• Varieties and Errors: Some 1897 Indian Head pennies have specific varieties or errors that make them more valuable to collectors.

– Misplaced Date: A [VF20] 1897 Indian Head penny with a misplaced date variety can be worth around $200. An AU55 with this variety can be worth around $450, and an MS64 red about $4,000. A misplaced date (1 in neck) and repunched date variety, in red/brown condition, was offered for $475 (discounted from $1899).
– Repunched Date: [VF20] of the repunched date variety can be worth around $50, an AU55 about $125, and an MS65 red brown about $500.

Note: Coin grading is a subjective process, and even experts may disagree on a coin’s exact grade. The price guides provide estimates, and the actual price may vary depending on the buyer, seller, and market conditions.