The value of a 1908 one-cent coin, an Indian Head Penny, varies depending on its mint mark (or lack thereof) and its condition.
Here’s a breakdown:
- 1908 Indian Head Penny (no mint mark):
– Circulated (Good-Fine): $1–$5
– Extremely Fine (EF): $10–$20
– About Uncirculated (AU): $25–$50
– Mint State (MS60-MS65): $60–$250+
- 1908-S Indian Head Penny (San Francisco mint):
– Good–Fine: $5–$15
– Extremely Fine (EF): $30–$60
– About Uncirculated (AU): $75–$150
– Mint State (MS60-MS65): $200–$600+
Important Note: The “S” mint mark is located below the eagle on the reverse side of the coin. The 1908-S is considered scarcer than the Philadelphia mint version (no mint mark).
Factors influencing value:
- Condition: The better the condition, the higher the value.
- Mint Mark: As shown above, a mint mark can significantly increase the value.
- Color (for uncirculated coins): Uncirculated Indian Head Cents can be graded as “Brown” (BN), “Red Brown” (RB), or “Red” (RD), with red coins typically being the most valuable.
- Error Varieties: Rare minting errors can also increase value.
If you’re unsure about the value of your 1908 penny, it’s recommended to consult a coin expert or utilize resources like coin identification applications that can assess features from a photo to estimate the value based on real-time market data.
How to tell if an Indian Head Penny is valuable?
An Indian Head Penny’s worth depends on its age and appearance. The better its condition, the greater the price. A rare Indian Head Penny that’s uncirculated is worth more than a circulated one with prominent wear marks.
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.