The value of an 1862 Indian Head Penny (one cent coin) depends heavily on its condition, with prices ranging from roughly $12.50 to $165 for circulated coins and potentially tens of thousands of dollars for pristine, uncirculated examples.
Here’s a general overview of the value based on condition:
- Good (G): Around $17.50.
- Fine (F): Around $30.
- Very Fine (VF): Around $55.
- Extremely Fine (XF): Around $75.
- Uncirculated (MS): Values for uncirculated coins vary greatly based on their specific grade (e.g., MS-60, MS-65), reaching up to $60,000 or more for top-condition specimens.
Some error varieties like the Misplaced Date or Doubled Die Reverse can also significantly increase the value, with estimates up to $9,000.
To get an accurate valuation for your specific coin, it’s recommended to consult a professional coin appraiser or use detailed coin grading guides . You can also compare your coin to images and descriptions of various grades to get a better idea of its condition.
Which American 1 cent coins are valuable?
Great question! 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.
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.
What year of Indian Head Penny is the rarest?
Good point! The most valuable Indian Head Penny is the one that has a date of 1877. Nevertheless, they’re all valuable in their own right and any collector would be lucky to have one.