1902 Indian Head Penny Value Guide

The 1902 Indian Head Penny is a classic American bronze cent designed by James B. Longacre, featuring Lady Liberty in a feathered headdress. Minted in high volumes at the Philadelphia Mint, this coin represents a period of significant economic growth in the United States at the turn of the century.

What Is 1902 Indian Head Penny Worth?

The typical price range for 1902 Indian Head Penny is $1 - $1 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The current market value for common circulated examples typically ranges between $1.00 and $1.10.
• The specific grade and state of preservation significantly impact the price, with uncirculated coins commanding higher premiums.
• The presence of original red copper luster versus a brown weathered patina affects collector desirability.
• Surface damage such as deep scratches, corrosion, or evidence of harsh cleaning will decrease the coin's value.

How to Identify 1902 Indian Head Penny?

• Check the obverse for the profile of Lady Liberty wearing a Native American feathered headdress with LIBERTY inscribed on the headband.
• Verify the 1902 date located clearly at the bottom of the obverse side.
• Look for the ONE CENT denomination on the reverse, which is surrounded by an oak wreath and a small shield at the top.
• Confirm the material is bronze, specifically composed of 95% copper and 5% tin and zinc.

History of 1902 Indian Head Penny

Designed by James B. Longacre, the Indian Head cent was produced by the United States Mint from 1859 to 1909. Despite the name, the figure on the obverse is actually a representation of Lady Liberty. By 1902, these coins were being minted in high volumes at the Philadelphia Mint to meet the demands of a growing American economy.