The value of an 1892 Indian Head Penny (1 cent coin) varies depending on its condition and any existing errors.
In general, circulated 1892 Indian Head Pennies in “Good” condition might be worth around $3, while those in “Fine” condition could be valued at $5. Pennies in “Extremely Fine” condition have been priced at $20, and those in “Uncirculated” condition have gone for $30.
However, coins with specific characteristics can command higher prices:
- Proof specimens: 1892 proof Indian Head Pennies, of which only 2,745 were minted, can sell for $1,325 in choice condition.
- Repunched Dates: Varieties with repunched dates, such as those with repunchings in the 8, 9, and 2, can increase the coin’s value. A repunched date in VF20 condition can be worth $50, an AU55 repunched date is worth $125, and an MS64 brown repunched date is worth $225.
- Minting Errors: Errors like broadstrikes, brockage, off-center strikes, or curved clips can also significantly increase a coin’s value. For example:
– A broadstruck mint error sold for around $150.
– A brockage, struck 10% off center, and graded AU55 sold for over $3,400.
– A curved clip, struck off center, and graded AU58 sold for $275.
– An off-center strike with an indent on the reverse, and graded VF35 sold for over $250.
– An 1892 Indian Head proof coin graded proof 67 red sold for $8,000.
– A repunched date sold for $420.
- “Scarface” Error: Some 1892 Indian Head cents have a “scarface” error, characterized by lines through the face, [according to a YouTube video].
It’s important to remember that these values are based on past sales and market conditions can fluctuate. Factors like rarity, condition, demand, and historical significance all influence a coin’s value. If you have an 1892 Indian Head Penny and are curious about its value, it’s recommended to consult with a reputable coin dealer or consider getting it professionally graded by a service like [NGC] or PCGS.
How much is a 1892 one penny worth?
Mintage for the Penny design struck dated 1892 is recorded as 10,501,671 coins. A mid grade condition 1892 Bronze Penny is worth about £60.00. (value mid point between VF and EF). View all English coins struck dated 1892.
Where is the mint mark on the 1892 Indian Head Penny?
The 1892 Indian Head Penny is a circulated coin from the United States, with a denomination of Small Cent. It is composed of copper and has a brown color. This particular coin does not have a mint mark, indicating that it was minted at one of the main U.S. mints in 1892.
Which American 1 cent coins are valuable?
1943-D Lincoln Bronze Wheat Penny — $2.3 million. …
1944-S Steel Wheat Penny — $1.1 million. …
1793 Strawberry Leaf Cent — $862,500. …
1943-S Lincoln Cent Struck on Bronze — $282,000. …
1909 VDB Matte Proof Lincoln Penny — $258,000. …
1958 Doubled Die Obverse Cent — $224,831. …
1856 Flying Eagle Cent — $172,500.