The Philadelphia Mint struck the 1907 Indian Head Cent, and they made over 108 million of these coins. Remember, these coins were just cents to be used in commerce, not the collectibles they are today.
The obverse (front) of the coin depicts Miss Liberty wearing an Indian-style headdress, while the reverse (back) of the coin has the words “ONE CENT” inside of a wreath. This series of coins was first struck in 1859 and continued until 1909. That year, the Mint also struck cents with Abraham Lincoln on them, just as we have today.
Due to the high mintages of Indian head cents, most of these coins are not very valuable in worn grade, even though they are more than 100 years old. Age is only one factor in determining the value of a coin. The coin’s condition, its state of preservation, is likely more important.
Indian Head Cents are popular collectible coins because they are all over 100 years old and affordable. They remind people of the Old West. In the circulated (well-worn) condition it is worth about $2.00. In less worn condition – meaning you can see the word “LIBERTY” on the Indian headband, the value rises to about $7.00 and in ‘new’ condition this coin is worth approximately $70.00 or more. If the coin were perfect in every way, it could be worth as much as $500.00.
A well-worn example
A less-worn example
Like new example
The value of any coin is dependent upon the condition of the coin and its date. We always encourage collectors NOT to clean their coins as cleaning damages the natural appearance of an old coin.
Thank you for your question and for thinking of APMEX.
