Are Indian head pennies a good investment?

Bottom Line: 1878 Indian Head Cent

Nearly 6 million of these rare Indian Head pennies were minted, so if your grandparents collected coins, it's totally possible one of these is hidden at the bottom of a jar. In average condition, it's worth about $50, but uncirculated mint condition coins are worth over $400.

What year Indian head pennies are valuable?

1877 Indian Head Penny: Key Date

Although not an error or variety, the 1877 Indian Head cent had an extremely low mintage of only 852,500 coins. This has made it a key date and one of the most valuable coins in the series. Since this is the most valuable coin in the series, it is often counterfeited.

What is the most common Indian head penny?

1861 coins are the lowest mintage but also the best struck of these, and 1862 and 1863 coins are the most common.

Do Indian Head pennies go up in value?

Bottom Line: 1869 Indian Head Cent

Even though the 1869 Indian Head Cent had no unique variations, it's still valuable because of its age. In good condition, it's worth $91. Meanwhile, a proof coin is worth over $400. But get your hands on a brilliant uncirculated version, and you're looking at a value of around $765.

What pennies are worth keeping?

High

Are Indian head pennies still in circulation?

There were more than 79 million produced in 1901, making your coin worth about 25 cents and up, depending upon condition. At one time, the Indian-head cent was among the most popular series to collect. But the popularity of series are cyclical, and currently the Indian-head cent is not in great favor.

Why is the 1877 Indian Head penny so valuable?

Considered the key to the series, value and demand is greater for an 1877 than any other Indian penny. Worth $360 and up even when heavily worn, it is a popular date with collectors. Many are assembling sets of Indian pennies and finding a nice 1877 with the least amount of wear is a challenge.

What was the last year for Indian Head pennies?

The Indian Head cent, also known as an Indian Head penny, was a one-cent coin ($0.01) produced by the United States Bureau of the Mint from 1859 to 1909. It was designed by James Barton Longacre, the Chief Engraver at the Philadelphia Mint. S. Located below the wreath on the reverse.

Is a 1902 Indian Head penny worth anything?

1902 proof Indian head penny

Pieces in good grade typically cost $2, while you can get $10 for those in extra fine condition. Pennies in the mint state are worth from $40 to a few hundreds of dollars, but a rare specimen in MS 67 grade can reach a price of impressive $4,000.

What penny is worth $1000000?

A 1943 Lincoln penny that soared in value because it was made from the "wrong" material reportedly has sold for $1 million. The penny was erroneously made of bronze instead of zinc-coated steel at the San Francisco Mint, according to UPI news agency. Texas Rangers co-chairman Bob R.

Are pennies before 1982 worth more?

So for the past 30 years, pennies have been made with an alloy comprised of 97.5% zinc and 2.5% copper, but pennies minted before 1982 are 95% copper and 5% zinc. The price of copper has more than quadrupled over the past 10 years. So a penny produced before 1982 is worth 2.2 cents based on the metal it contains.

Are Buffalo nickels worth anything?

Most circulated buffalo nickels are only worth a slight premium over their still legal tender face value of 5 cents. Typically 25 or 30 cents. However, experienced coin collectors pay significant premiums for buffalo nickels that look as fresh and detailed today as the day they were minted.

What is the rarest quarter?

Are Indian Head nickels with no date worth anything?

A coin collector must know the date to determine its value and see if it is a rare nickel or not. For example, undated Buffalo nickels are worth about six cents each, but only because people use them for jewelry, shirt buttons, and various other uses. All other types of nickels without dates are only worth face value.

Should I hoard copper pennies?

So, your best option is to keep those copper pennies until they get rid of the penny, and sell them then. It will be a nice way to make so money! It might seem not worth it now, but in 2026 you will smile upon the day you started to save copper pennies! Thank you for reading, and good luck coin roll hunting!

What year of coins should I keep?

Those dated after 1964 have no premium value, and so far, none of the 50-state quarters series is worthy of saving. All half dollars dated 1964 and earlier are worth their silver value. In the Franklin half dollar series, the 1949-S, 1955 and 1956 coins are worth more than silver value.

What makes a 1983 penny valuable?

Most 1983 pennies in circulated condition are only worth their face value of $0.01. These coins can only sell for a premium in uncirculated condition. The 1983 penny with no mint mark and the 1983 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.

How much is a 1943 steel penny worth in 2021?

Specimens in circulated conditions aren't worth more than 15 to 30 cents. According to the PCGS coin price guide though, uncirculated coins can be worth from $7 (graded MS60) to $3,500 (graded MS68). However, there were some error strikes that year that can sell for 5 or even 6 figures.

Where can I sell my wheat pennies?

A certified local coin shop is an excellent place to sell your coins. The best option is to find a reputable and trustworthy dealer who can estimate a penny's value. Most coin shops will offer you a fair deal, as they depend on customers' recommendations and satisfaction.

Why is 1944 wheat penny rare?

The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. Being that there are no more 1944 Lincolns being produced, the scarcity of these coins is constantly on the rise, thus making the coins more valuable.

How much is a 1907 Indian head wheat penny worth?

1907 Indian head penny value*

Most pieces in good condition are worth only $2, while you need to pay about $20 to $30 for the one in uncirculated condition.

How much is a 1903 Indian head wheat penny worth?

1903 Indian head penny value

Typically, such a coin will be worth about $1.5 to $7.5 in circulated condition, while better-preserved pieces usually cost about $20 to $30.

What makes a 1903 Indian Head penny valuable?

Condition determines your 1903 Indian head penny value. Hopefully some of the finer details remain on the coin, if so, your old penny is increasingly worth more to collectors. Pictured is an "uncirculated" 1903 Indian penny and because of its like new condition it displays all of the original detail.