1907 Indian Head Penny|1907 Penny|1907 Indian Penny

by Andrew Spaeth on Thursday, February 25th, 2010 | No Comments

The 1907 Indian head penny had the highest mintage of the series, with 108,138,618 coins being struck, all at the Philadelphia mint.

At the time the 1907 Indian head penny mintage was the highest level of output ever at the US Mint.

The 1907 Indian head penny circulated widely and average well circulated examples of this coin are very common.

Because of the large volume of coins minted, the price difference between a well circulated coin1907 Indian head penny and one in Fine or Very Fine condition is minimal. The eye appeal of the higher graded coins, however, will be much better. A 1907 Indian head penny in Fine or Very Fine condition will have a full LIBERTY in the headdress and a lot more detail than one in Good or Very Good condition. A 1907 Indian head penny in Fine or Very Fine only cost a couple of dollars more than their well worn counterparts. Spending some time and a little more money will result in a much nicer coin for your collection.

1907 Indian Head Penny Value:

G-4 $1.75 VG-8 $2.20 F-12 $2.50 VF-20 $3.50 XF-40 $8.50 AU-50 $20.00 MS-60 $28.00 MS-63 $55 MS-64 $100-$200 MS-65 $165

When it comes to the higher grade 1907 Indian head penny, those with red mint luster will command higher prices than the chocolate or brown colored coins. Bright red uncirculated coins will command the highest prices.