1903 Indian Head Penny Value, Red”, “Brown” Worth Money?

The 1903 indian head penny is considered as valuable for collectors and many coin lovers want to get details of its value. There were about 85 million coins made and it was made during the Industrial Revolution. Some coins exist in good conditon and are of high value. The value of a 1903 indian head penny in average conditon is about 2.50 dollars and in the mint state can be about 100 dollars. Indian head pennies has a long history that was made before 1909 and in 1909 replaced with the Lincoln Pennies series. Here we will discuss their value, features, and other parameters. Let’s get started with 1903 Indian Head Penny Value

1903 Indian Head Penny Business Strike Value

1903 Indian Head Penny Chart

History Of 1903 Indian Head Penny

The Indian head penny is 2nd series of small-sized pennies. Older pennies come with a diameter of 28.5 millimeters that decreased to 19.05 mm in the 1856 year due to the high cost of copper. The reduction of physical dimensions of pennies’ melt value reduces to face value. It made selling coins until the 1980s. The first series of small-size cents is not easy to make since it comes with relief on the front and reverse sides. it causes the creation of the indian head penny from 1859 to 1909. These coins were made by James B. Longacre.

There were more than 85 million 1903 indian head pennies made mostly of these pennies in circulation. Out of three one coin exists used for circulation and other coins are collectible.

1903 Indian Head Penny Features

Obverse Of 1903 Indian Head Penny

The front side of the 1903 indian head penny comes with a photo of Lady Liberty wearing pearls and a feathers tiara. The word LIBERTY is also on this side with the county name UNITED STATES OF AMERICa. The minting date is also mentioned there.

Reverse Of The 1903 Indian Head Penny

on this side, the wreath is created with oak at the upper and laurel at the lower part. The wreath is tied with a ribbon that has 3 arrows for the first 3 UNion members. The striped shield sits at the upper opening of the wreath. The one-cent denomination is also on this side.

Some other features of the 1903 Indian head penny are listed here.

• Type: Indian Cents
• Minting place: Philadelphia (No Mint mark)
• Total Made: 85,092,703
• Obverse and front deisgner designer: James Barton Longacre
• Weight: 3.11 grams
• Edge: Plain
• Diameter: 19mm
• Thickness: 1.55mm
• Composition: 95% copper, 5% tin & zinc

1903 (P) Red Indian Head Penny Value

1903 (P) Brown Indian Half-Penny Value

The brown indian half penny is a high-value and rare coin made in 1903. These coins are liked by collectors and high-grade coins of this type are highly preferred by enthusiasts.

1903 Proof Indian Head Penny Value

The proof pennies are used as perfect coins and stored in archives. They are high value for mint due to selling for high value.  Normally blanks aka plancehts are burnished before striking through tumbling in vat through 6mm stainless steel balls. it makes a mirror-like finish. In 1903 The Philadelphia Mint made 1790 proof indian head pennies.

Rare 1903 Indian Penny Error List

1903 Indian Penny Double Struck Flipover

Flipover double-struck coins are struck two times in the press and both sides of strikes are created on a similar side of the coin.  The first strike is off-centers and away from the real place. The 2nd strike is normally at mid and configured accurately with the minting date side. This error is the result of using the malfunctioning press. Coin with this error of VG8 grade sold for 275 dollars with a brownish tinge.