Nov 15, 2018 Counterfeit 1877 Indian Head Cent, top, and genuine example, bottom. Slots top up by phone bill. Images courtesy NGC The reverse of the fake was executed better than the obverse, but is still quite mushy overall. 1887 Indian Head Penny Value 1887 Indian head penny value is over $2 if your coin was fortunate and avoided excessive wear and/or damage. Pennies from the 1880s are less common than later years and finding one in nice condition puts into the scare category. Most of these coins became worn completely smooth.
Bronze Composite Penny
Minted at: Philadelphia (No Mint Mark)
Metal Composition: 95% Copper - 5% Tin and Zinc
Mass / Weight: 3.11 grams
What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.):
There is a major variety of the 1888 Indian head Cent (Penny) where the 1888 date was punched over a 1887 date. This resulted in an 1888/7 or 8/7 variety where a small subtle portion of the '7' appeared under the leading '8'. One way to identify this error is to note a small knob under the '8' which represents the bottom of the '7' as depicted in the example image of this penny above. In other cases an additional small portion of the underlying '7' may also appear above the last '8' in the 1888 date as well.
| Good (G-4) | Very Good (VG-8) | Fine (F-12) | Very Fine (VF-20) | Extremely Fine (EF-40) | About Uncirculated (AU-50) | Uncirculated (MS-60) | Uncirculated (MS-63) | Proof (PR-63) |
|---|---|---|---|---|---|---|---|---|
| $1,254 | $1,630 | $2,167 | $3,685 | $8,099 | $18,993 | $24,350 | $37,175 | - |
USA Coin Book Estimated Value of 1888 Indian Head Penny (Last 8 Over 7 Variety) is Worth $1,630 in Average Condition and can be Worth $24,350 to $37,175 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). Click here to see the Melt Value of every US Coin.
MELT VALUE: $0.0241
1887 Indian Head Penny Value
Even More Indian Head Cent Penny Years/Mints/Varieties
Rare Indian Head Pennies
0 items found
