Minted between 1859 to 1909, Indian Head pennies can vary in price from $1 to over $3,000, depending upon their date, condition and where they were minted. Collectors grade a coin's condition on a scale of good, fine, extremely fine and uncirculated, with uncirculated coins fetching the highest value.
Indian Head pennies from 1877 carry the highest value due to their rarity. Pennies from 1908 and 1909 that were minted at the San Francisco Mint are also worth more than most other Indian Head pennies. Some other less common, and thus higher value, dates include 1873, 1872, 1871, 1869, 1867, 1866 and 1864 coins marked with an "L."