1875 Indian Head Penny

The 1875 Indian Head pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.

Specifications

Type: Indian Head Penny
Year: 1875
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.

Value

The 1875 Indian Head penny is worth around $27 in good condition. In very fine condition the value is around $80. In extremely fine condition the value is around $135. In uncirculated condition the price is around $250 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $300.

The 1875 Indian Head proof penny is worth around $300 in PR 63 condition.

Dot Reverse Coins

On some coins there is a small raised dot on the reverse side. The dot is located on the top left of the letter N in the word "ONE". Some people believe that these coins were minted in order to catch a mint employee suspected of stealing coins.

There isn't enough sales data on these coins to determine a price. However these coins are rare so they will command high prices.

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.

PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.

Sources:

The Red Book

See also:

1876 Indian Head Penny
1874 Indian Head Penny
1873 Indian Head Penny