1903 Indian Head Penny Value
I got an 1903 Indian Head penny with the 'one cent' side is upside down the 'indian head side' or they are in opposite direction. Anybody got that? Golderak, Aug 11, 2006.
The 1903 Indian Head pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.
Specifications
- USA Coin Book Estimated Value of 1903 Indian Head Penny is Worth $3.14 in Average Condition and can be Worth $40 to $60 or more in Uncirculated (MS+) Mint Condition. Proof Coins can be Worth $152 or more. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins.
- The reverse side of the Indian Head Penny is quite basic, and features a wreath surrounding the “one cent” face value. For the first two years of production, you will find this basic design on the reverse side, but by 1860 the coin’s reverse was updated.
Type: Indian Head Penny
Year: 1903
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams
There is no mint mark on this coin. Each coin was minted in Philadelphia.
| Series | Location | Quantity Minted |
|---|---|---|
| 1903 | Philadelphia | 85,092,703 |
| 1903 Proof | Philadelphia | 1,790 |
Value
The 1903 Indian Head penny is worth around $2 in good condition. In very fine condition the value is around $6. In extremely fine condition the value is around $10. In uncirculated condition the price is around $40 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $60.
The 1903 Indian Head proof penny is worth around $150 in PR 63 condition.
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Grading System
Good- The word 'LIBERTY' inscribed on Liberty's headband is not visible.
Very fine- The word 'LIBERTY' inscribed on Liberty's headband is visible but there is slight wear.
Extremely fine- The word 'LIBERTY' inscribed on Liberty's headband is sharp. The other details on the coin are also sharp. There is slight wear on the end of the ribbon.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
1903 Indian Head Penny Value Today
PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
1907 Indian Head Penny Worth
Sources:
See also:
1904 Indian Head Penny
1902 Indian Head Penny
1901 Indian Head Penny