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1877 Indian Head Penny Values And Facts

Updated on June 12, 2012


When it comes to rare and valuable Indian Head pennies, the 1877 Indian Head penny ranks at the top. The 1877 Indian Head penny is a very valuable American coin. The 1877 penny is made out of 95% copper and 5% zinc. The Indian Head series was created by James B. Longacre. The Indian Head series ran from 1859-1909. The 1877 Indian Head penny has a weight of 3.11 grams. In total, there were 852,500 Indian Head pennies produced in 1877. There were also 1,000 Indian Head proofs made in 1877. The 1877 Indian Head penny has the 2nd lowest mintage of the series, just behind the 1909-S Indian Head penny.

One well known fact about the Indian Head pennies is that they were highly circulated. The same can be said about the 1877 Indian Head penny. It is very rare to find such a coin, but extremely difficult to find the 1877 Indian Head in great condition. If you are fortunate enough to find the 1877 penny in great condition, it may be worth $20,000 or more! Because prime examples of the 1877 Indian Head penny are so rare, values often reach into the tens of thousands.



The value of your 1877 Indian Head penny is determined by the condition of the coin. Coin values are much higher when a coin is in great shape, nearly uncirculated. Since the 1877 Indian Head penny was highly circulated, more then likely, you have one that is very worn. Perhaps, you are lucky and found one in great condition. Even at a low grade, the 1877 Indian Head penny can be worth $300-$400. If you have an 1877 Indian Head penny that still has good detail, it may be worth $1,000 or more. High graded 1877 Indian Head pennies can be well worth $30,000 or more!

Since the 1877 Indian Head penny is so valuable, people have tried to counterfeit the coin over the years. There are actually a lot of 1877 Indian Head penny counterfeits. If you haven't had your 1877 penny looked at professionally, you need to make sure that you do. This will give your 1877 Indian Head authenticity, plus a correct value. Before you buy or sell, make sure you have it looked at by a professional or someone trustworthy.



If you are considering to buy or sell coins, Ebay is the way to go. Ebay is a great site to sell and buy coins. If you are buying coins from Ebay, it is totally free. If you are selling coins, they only charge a small fee. Buyers and sellers constantly communicate and give feedback on Ebay. If you are wondering if a seller is legit, all you have to do is read their feedback stats. You can also read what customers have said about the seller as well.

You can buy or sell coins in two main ways on Ebay. First, if you don't have an account, you need to create one. It is 100% free to join Ebay. Once you have an account, you will need to open a Paypal account also. You can buy coins with your Paypal account or if you are selling coins, the money will be transferred to your Paypal account once a coin is sold. You can either sell your coin at auction, which is where your coin will be advertised for a specific time period and anyone interested in it can make a bid for the coin. The highest bid wins the coin. You can also sell your coin at a set price. Either way, Ebay will give you an audience to sell your coins. If you are looking to buy, there is no shortage of great coins!



Before you go, there are some very important things you should remember. If your not sure about a specific coin, make sure you do your research on it or talk to a professional that you trust. If you have old rare coins, have them professionally graded. It is well worth the cost. Buyers are more likely to purchases authenticated coins.

There are several different types of coins that are valuable. If your getting into collecting, take the time to get to know these coins. Once you know what coins to look for, you will be able to spot great deals on them. If you feel like learning about more coins, just follow the links below. Thanks for your visit.


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    • profile image

      antoine lamar GRISSOM 3 years ago

      I have a big Indian Head penny and don't know what it's worth. Can someone help me?

    • thelyricwriter profile image

      Richard Ricky Hale 5 years ago from West Virginia

      Frogyfish, thanks for stopping by. I love the large cents series. I use to have a 1826 but I sold it for nearly nothing. Every time I start a collection, something happens. I still own about 50 of these. My best is the 1882 or the 1878. Can't remember which, I believe it is the 1882. Appreciate the comment and hope you find what you need. Take care.

    • frogyfish profile image

      frogyfish 5 years ago from Central United States of America

      I don't have an Indian Head penny but I do have several 'large cents' and am going back now to read your article on them. Thank you!

    • thelyricwriter profile image

      Richard Ricky Hale 5 years ago from West Virginia

      Sgbrown, glad you enjoyed this artice. That is great that you just started collecting coins. You can still find good coins in circulation. I always bought penny rolls, then searched through them. With that much change coming in, you will have a great shot at finding some good coins.

    • sgbrown profile image

      Sheila Brown 5 years ago from Southern Oklahoma

      I am so glad I found this hub! I have quite a few Indian Head Pennies and am definitely going to look through them now! I will be coming back to your coin hubs as I have recently started to collect some coins. We have a small vending machine business and we have about $400. in coins every week. I would love to find something of value in all those coins. Voted this hub up and useful. Bookmarking too! Have a great day! :)

    • thelyricwriter profile image

      Richard Ricky Hale 5 years ago from West Virginia

      *Writer20, always great to hear from you. Indian Head pennies usually start out at a dollar or more, value that is. Maybe he can find a few.

      *Alocain, thanks again for coming by my friend.You rarely ever see them in circulation. They are hoarded like whear pennies.

      *Max, you make a good point. I love collecting coins and holding that history in your hand, it doesn't get better. Max, thanks again for

    • BeyondMax profile image

      BeyondMax 5 years ago from Sydney, Australia

      It's very interesting, though I don't collect coins, my mother is a true fan. It's actually pretty fascinating if you are really into it.

    • alocsin profile image

      alocsin 5 years ago from Orange County, CA

      I think these would stand out if I ever found them, so I can safely say I've never seen them. Voting this Up and Useful.

    • writer20 profile image

      Joyce Haragsim 5 years ago from Southern Nevada

      I'll have to check with my husband as he has a collection of pennies. I'll pin your hub for him to read later.

      Voted up and very interesting, Joyce.