Pictured is an uncirculated Indian penny, an example without any wear. Grading the condition of your Indian pennies is detailed below the value chart. A circulated and worn coin that still shows all lettering of 'Liberty' in the headband is very collectible. Rare coin dealers and collectors give a great deal of attention to wear, marks, and the color of old Indian pennies.Īs you look closely at your 1897 penny, is it a pleasing brown color and not to dark? Has your coin avoided large marks or damage? Good eye appeal combined with ample design remaining is recognized as a scarce coin and is reflected in its value. The result - if your coin is above average in condition it is avidly collected and the value doubles.
Many of these Indian pennies still exist today, however most are heavily worn leaving only a small number of better quality.