What Is A 1907 Indian Head Penny Worth Today?

The Indian head pennies are important in USA history, and these coins were first made in 1859 and designed by James B. Longacre, the Chief Engraver at the Philadelphia Mint. The Indian head pennies were made until 1909 and replaced with the Lincoln pennies for celebrating the birthday of the president. The Indian head penny comes with Lady Liberty wearing a Native American headdress. The 1907 Indian Head penny is also part of this series, and we will cover its details for finding value and related features. Let’s get started with How much are 1907 Indian Head pennies?

1907 Indian Head Penny Value Chart

Condition	1907 No Mint mark penny	1907 Proof Indian Head Penny Value
Good	$3.00	/
Very good	$3.30
Fine	$5.00
Very fine	$6.00	$45-$65
Extra fine	$15
AU	$24
Circulated	400
Mint state 60	$45	$160
Mint state 63	$63	$450.00
Uncirculated		$2,200.00

History of the 1907 Indian Head Penny

The Indian head pennies were made from 1859 to 1909, and after that, the USA mint started the creation of Lincoln pennies. Before the 1859 Flying Eagle design, pennies were made. In coin history there were many changes made in design and compositions. In 1857, for the first time, compositions changed from 100 percent copper to 88 percent copper and 12 percent nickel. The coin’s size also reduces, and it all occurs due to high copper costs.

These newly made coins are called the Flying Eagle cent, and these coins first time has a composition of copper-nickel alloy.

In 1858 the Indian pennies were made for replacement of Flying Eagle pennies, and since the design of the Flying Eagle was difficult to make, the manufacturing process was also difficult.

The year 1907 is important in USA history for Indian Head pennies; that is the last year before replacing the Indian Head pennies with 1909 Lincoln pennies. This change not only made changes in new pennies but also changed the broader level in USA coin history and gave a modern way to design the coin currency.

The 1907 Indian head pennies were made by the Philadelphia mint. At that time, only the Philadelphia mint was making coins and no other mint was making coins. So coins without mint marks were made.

The 1907 Indian Head pennies are important for their design and historical importance.

Mint mark	Minted
1907 No Mint mark penny	108,137,143
1907 proof penny	1,475
Total	108,138,618

Features of the 1907 Indian Head Penny

Obverse of the 1907 Indian Head Penny

The front side of coins comes with Lady Liberty wearing a conventional Native Indian headdress. The Indian head pennies are the first coins in the USA that have American Indian culture. The liberty facing left with a headdress. The word LIBERTY is written on coins.

The country name, UNITED STATES OF AMERICA, is also written on this side, and the minting date is 1907.

Reverse of the 1907 Indian Head Penny

The backside of the 1907 Indian Head penny comes with an oak wreath having arrows that are tied with ribbon. The ONE CENT denomination can see there.

Some other features of the 1907 penny are that.

• The 1907 penny weight is 3.11 grams with a diameter of 19 mm.
• Its composition is 95 percent copper and five percent tin and zinc. Penny comes with different color combinations like brown, red, and red-brown.

Country:	United States of America
Year of Issue:	1907
Denomination:	One Cent
Diameter:	19.00 mm
Edge:	Plain
OBV Designer:	James Barton Longacre
REV Designer:	James Barton Longacre
Quality:	Business Strike
Mintmark:	None
Mintage:	108,137,143
Alloy:	95% Copper, 5% Zinc and Tin
Weight:	3.11 g

1907 No mint mark Indian head penny value

The Philadelphia mint made 108,137,143 pennies and did not have a mint mark. Now many coins can be found due to larger mint and have low prices. The value of coins is according to conditions and preservation level, and pennies in good condition are difficult to find. We can find pennies in different colors that define value.

The low-grade 1907 Indian Head pennies are about 2 dollars to 40 dollars. MS66 1907 Indian Head penny sold for 900 dollars in 2022.

In auction, a red 1907 penny sold for $63,000, with MS67+ grades.

1907 brown indian head penny

Grade	1907 Brown penny
Good	$1.44
Very good	$1.86
Fine	$2.40
Very fine	$3.90
Extra fine	$12
AU	$28
MS 60	$40
MS 61	$45
MS 62	$58
MS 63	$78
MS 64	$100
MS 65	$156

1907 red brown indian head penny

Grade	1907 Red brown penny
MS 61	$62.50
MS 62	$77.50
MS 63	$100
MS 64	$175
MS 65	$281
MS 66	$475

1907 red indian head penny

Grade	1907 Red penny
MS 61	$100
MS 62	$131
MS 63	$168
MS 64	$300
MS 65	$635
MS 66	$1,800
MS 67	$24,000

1907 proof Indian head penny value

The Philadelphia mint also made proof 1907 pennies, and there were about 1,475 proof Indian head pennies made in 1907. That is a low number of coins in the Indian Head penny series. There were many proof Indian pennies saved, and we can find them in PF63 to PF65 grades.

But PF66 grades are lower; coins exist, and fewer coins exist also for PF67 grades.

1907 proof Indian head penny brown has a value of about 200 dollars for PF60 grade, and PF67 can be about 2200 dollars. In 2013, a PF67 Indian Head proof penny from 1907 sold for $5,518. In auction, PF67 penny sold for 22913.

Some other coins with color combinations are as

1907 proof  brown Indian head penny value

Condition	1907 Brown penny
PR 60	$132
PR 61	$150
PR 62	$174
PR 63	$204
PR 64	$276
PR 65	$402
PR 66	$880
PR 67	$1,980

1907 proof red brown Indian head penny value

Grade	1907 Red brown penny
PR 60	$162
PR 61	$200
PR 62	$240
PR 63	$280
PR 64	$400
PR 65	$540
PR 66	$1,230
PR 67	$2,400

1907 proof  Indian head penny value

Condition	1907 red penny
PR 60	$240
PR 61	$270
PR 62	$300
PR 63	$$340
PR 64	$600
PR 65	$1,440

Grading 1907 Indian Head Pennies

The grading of coins is an important factor defining the value of coins. The mint mark coin conditions also define value. Coins are defined in different grades from poor to mint state, and poor grades are 1, and mint state can be about 70.

The 1907 pennies are more than 100 years old, so getting a penny in high grade is difficult and rare. So different grades of combinations are shown for the 1907 Indian Head penny.

Good (G):

• In this grade, details are damaged and have some features. The 1907 mostly pennies exist in this grade.

Fine (F):

• In this error, details are visible, and we can also see the wreath and headdress on the backside.

Extremely Fine (XF):

• Clears details with some damage rarity exists for this grade.

Uncirculated (MS):

• This coin does not have any wear and has neat and clean details of design on the coin.

1907 Indian Head Penny Errors List

Die Cud Indian Head Error

In this error, a small hole occurs on coins that is part of a die breakaway. The cud is the result of vertical and horizontal component displacement of the die. That added on planchet at time of striking. This error can be seen with the eye and coins 1907 with die cud error sold for $100.

Missing letters error

There are some coins that missed the letter of words written on pennies, and that affects the coin value. The 1907 penny with missing letters comes with high value, not low, and can be sold for about 1000 dollars.

Doubled Die Error

Double die error occurs in coins at the time of the minting process when the die strike design on coins is not accurate, and as a result, doubling occurs. The doubling effect on the 1907 penny can be seen on the country name, the UNITED STATES OF AMERICA, and the minting date. The 1907 double die error penny can sell for more than 150 dollars according to grade and conditions.

Most valuebale 1907 Indian head pennies

Grade	Color	Value	Sold in
MS 67+	RD	$63,000	2019
PR 67	RD	$22,913	2019
PR 66 CAM	RD	$11,163	2017
PR 67+	RB	$10,800	2020
PR 67	BN	$5,581	2013
MS 66+	RB	$1,275	2018
MS 66	BN	$900	2022
MS 65 RPD	RD	$540	2021

FAQs

What is the mintage of the 1907 Indian Head Pennies?

• There were about 78 million coins made in 1907, Indian Head pennies. This high mintage helps to find these coins in circulated conditions easily now and makes these coins less rare. but some high-grade and good-condition coins are rare and high value

How much is the melt value of a 1907 Indian Head penny?

• The melt value of the 1907 Indian Head penny defines the metallic composition of coins. The Indian head penny is made with 88 percent copper and 12 percent tin or zinc. That is based on the alloy used at minting time.
• The melt value changes with changes in copper prices and other metals used.

How to find the value of my 1907 Indian Head penny?

• To find the value of a 1907 Indian Head penny, we can check the conditions and grade of the coins. With that, professional coin dealers also help to give value to coins.

Why is the 1907 Indian Head penny made of bronze?

• The 1907 Indian Head penny has a composition of 95% copper, 5% tin, and zinc. This mixture is used for durability and high resistance to wear or damage as compared to coins that have only copper.

What is the value of the 1907 No Mint Mark Indian Head penny?

• The 1907 Indian head penny value is based on color and grade. Brown color penny has a value of about 28 dollars, and mint state is about 155 dollars.

Mint Mark	Good	Uncirculated
1907- No Mint Mark Indian Head Value	$2	$400

Is the 1907 Indian head penny valuable?

• The valuable penny comes with good conditions and a high grade with no wear on coins. Such coins are high value and rare.

Does the 1907 Indian head penny have a mint mark?

• The 1907 Indian Head pennies made at Philadelphia and this mint do not use mint marks, so 1907 pennies do not have mint marks.