1907 Indian Head Penny Value Guide

1897 indian head penny | eBay
1907 Indian Head Penny
Estimated Value
$2 – $2
Period
1907
Origin
United States
Materials
Bronze, 95% Copper, 5% Tin and Zinc

The 1907 Indian Head Penny is a classic piece of American numismatic history, designed by James B. Longacre and featuring Liberty in a feather headdress. As the year with the highest mintage in the series, it represents the peak of production for this iconic bronze coin before the transition to the Lincoln cent.

What Is 1907 Indian Head Penny Worth?

The typical price range for 1907 Indian Head Penny is $2 - $2 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • Overall grade and wear, specifically the visibility of the word 'LIBERTY' on the headband.
  • The presence of original mint luster, often categorized as Red (RD), Red-Brown (RB), or Brown (BN).
  • Surface preservation, as scratches, corrosion, or evidence of cleaning will reduce the market price.
  • High mintage volume of over 108 million pieces, which keeps the value for circulated examples near $2.00-$2.20.

How to Identify 1907 Indian Head Penny?

  • Look for the profile of Liberty wearing a Native American feather headdress on the obverse side.
  • Verify the 1907 date located clearly at the bottom of the obverse below the bust.
  • Check the reverse for a wreath of oak leaves surrounding the words 'ONE CENT' with a small shield at the top.
  • Confirm the material is bronze, composed of 95% copper with a 5% blend of tin and zinc.

History of 1907 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 coin is actually a depiction of Liberty wearing a feather headdress, which was chosen to represent a uniquely American aesthetic. The 1907 mintage was the highest in the entire series, with over 108 million coins produced at the Philadelphia Mint.

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