How much is a 1877 Indian head penny worth?

The 1877 Indian Head penny is worth around $500 in good condition. In very fine condition the value is around $1,250. In extremely fine condition the value is around $2,150. In uncirculated condition the price is around $3,800 for coins with an MS 60 grade.

Why is the 1877 Indian head penny rare?

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 valuable Indian head penny?

These are the most valuable Indian Head pennies, from least to most expensive.

  • 1895 Indian Head Cent. Penny value: $172.
  • 1885 Indian Head Cent.
  • 1886 Indian Head Cent (Type 1) (Tie)
  • 1874 Indian Head Cent (Tie)
  • 1875 Indian Head Cent.
  • 1873 Indian Head Cent (Open 3)
  • 1878 Indian Head Cent (Tie)
  • 1876 Indian Head Cent (Tie)

How can you tell if a 1877 Indian head penny is real?

With the 1877 Indian Head cent, the most important diagnostic feature appears on the reverse. On a genuine coin, the bottom right of the N in ONE and the top left of the N in CENT should be much weaker than the rest of the denomination.

Are there fake Indian Head pennies?

As you can see from the photo above, the counterfeit 1877 Indian Head Cent is a poor imitation of the genuine coin. Whereas the feathers are well-defined and easy to see on the genuine coin, they are extremely mushy on the fake. Lastly, the Indian on the forgery has an odd look on her face.

How can you tell a fake penny?

This process is the easiest way to tell if your penny is solid copper or copperplated. You can test your penny yourself by seeing if it sticks to a magnet. If it does, your penny is worth about 15 cents as a novelty item.

What are the top 10 rarest pennies?

Here’s a rundown of 10 of the most valuable pennies made since 1900:

  1. 1909-S Indian Cent. Image: USA CoinBook.
  2. 1909-S VDB Lincoln Cent. 1909-S “VDB” Lincoln Wheat cent.
  3. 1914-D Lincoln Cent.
  4. 1922 Plain Lincoln Cent.
  5. 1931-S Lincoln Cent.
  6. 1943 Bronze Lincoln Cent.
  7. 1944 Steel Lincoln Cent.
  8. 1955 Doubled Die Lincoln Cent.