Their current value? Around $125,000 each. And two coins have been assessed at MS68. The PCGS places a value of $16,000 on an MS67 coin, rising to $42,500 for an MS67+ example. But there are finer quality 1902 Indian head pennies to be found. That sounds like a lot of money – and it is. A single extra grading point triples the value – at MS66, a red penny is worth around $2,100. The value rises to $140 at MS63, and $675 at MS65. Graded examples of 1902 Indian head pennies start at MS60 at the PCGS, where they’re valued at $60 apiece. Red pennies are the cream of the crop for collectors. It’s the only one of its kind, but it’s valued at a surprisingly reasonable $1,000. The finest quality example graded by the PCGS was assessed as MS66+. But at MS65, a red and brown coin is valued at $300, twice as much as a brown example. Red and brown Indian head pennies are generally more valuable than their brown counterparts.

The coin was graded MS60, but sold for well over $4,000. The auction record for a brown 1902 penny was set way back in 2001.

That rises to $150 at MS65 (the lowest grade known as “gem” quality) and $500 at MS66. Uncirculated coins are known as “mint state”, abbreviated to “MS”, and graded from 60 to 70.Ī brown 1902 Indian head penny graded MS60 is valued at about $50 by the PCGS. If you’ve got a coin that’s never been circulated, it will be worth more. That might be tiny cracks on the surface, or minor rubbing on the highest parts of the devices. (That figure comes from the PCGS, one of the pre-eminent independent coin grading agencies.)Ī coin graded XF45 has been circulated, but has survived with only a few signs of wear. So it might surprise you to know that even brown coins can still be worth considerably more than their face value.Ī brown 1902 Indian head penny in extremely fine condition, graded XF45, is worth around $20. Over 87 million Indian head pennies came out of the coin presses at the Philadelphia Mint facility in 1902. Ready? Let’s get started! 1902 Indian Head Penny Value Chartġ902 (P) Indian Head Penny, Red and Brownġ903 (P) Proof Indian Head Penny, Red and Brownġ902 Indian Head Penny Value Guides 1902 (P) Brown Indian Half Penny Value And we’ll find out what you need to look for to determine whether your 1902 penny is rare and valuable. We’ll talk you through its history, and what lies behind that distinctive design. We’re going to look at everything there is to know about the 1902 Indian head penny value.

It’s an attractive coin – but could it be valuable too? That’s what we’re here to find out! The penny minted in 1902 has a striking image: Lady Liberty in the headdress of a Native American.

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