1902 Indian Head Penny

Posted : admin On 4/10/2022

Coin Values Moving with Precious Metals: Up-Dated 2/8/2021: Gold $1813 Silver $26.90


History of the 1902 Indian Head Penny. 1902, a late mintage for the series, was one of the largest mintages in the 50-year history of the Indian Head penny, coming in at a total of 87,374,704 pennies struck. All of these were produced at Philadelphia, so. 1902 Indian Head cents were minted in large numbers, with 87,374,704 business strikes coming from the Philadelphia mint. 2,018 proof specimens were also made in 1902. The common business strikes retail for $2 in Good-4, which according to most collectors of 20th-century coins is considered the lowest collectible grade. 1902 proof Indian Head pennies sell for $1,275. Did you scroll all this way to get facts about 1902 indian head penny? Well you're in luck, because here they come. There are 102 1902 indian head penny for sale on Etsy, and they cost $94.15 on average. The most common 1902 indian head penny material is copper. The most popular color? You guessed it: copper.

Your penny is one of the dates likely found in a box of old coins and 1902 Indian head penny value begins in the $1 to $2 range. However, because of strong collector demand it is becoming a valuable collectible.

Have a look at the value charts then compare your 1902 penny with the condition 'grading' images below to find accurately how much your Indian penny is worth. In the hobby these old pennies are some of the most sought after.

  • 1902 Indian Head Penny. CoinTrackers.com has estimated the 1902 Indian Head Penny value at an average of $2.50, one in certified mint state (MS+) could be worth $55.
  • Indian Head Pennies (1859-1909) 1902 Indian Head Cent Good+ $2.29. Quantity + Add To.

Some of the rarest and seldom encountered are what’s known as 'uncirculated' pennies. They were never used. Pictured is an uncirculated 1902 Indian penny, one of just a few in this elite condition and worth well over $35 to an avid collector assembling a gem quality collection.

Only through a close examination of your coin, by comparing it side by side to the grading examples allows the discovery of its true value potential. Small differences, for example, the ribbon crossing her, if well defined with the center diamonds visible confirms a better condition and higher value.

1902 Indian Head Penny Value
Condition of Coin
DateGoodFineExtremely
Fine
Uncirculated
1902 Indian Head Penny Value Updated 2021
1902 $1.48 $2.49 $7 $31

Rare Surviving 1902 Indian Head Penny Value

Unlikely to happen and very rare, but there it is, a 1902 Indian penny still in the original condition it left the mint. Bright gold and red copper, lustrous and complete on both obverse and reverse. Further more, the coin was protected from contact with other pennies leaving the surfaces free of any significant marks.

Noticed by many collectors when offered at a David Lawrence rare coin auction, their bids took the value of this gem 1902 penny to $506. An elite condition example of an Indian penny worthy of an elite collection.

Continued popularity and value of the series extends to circulated coins as well. Wholesome lightly worn coins with pleasing surfaces are important parts of many Indian penny collections. Your coin is always in demand to fill this need.

Condition Separates Indian Penny Value

Judging a coin’s state of preservation is known as 'grading' by dealers and collectors. How well your 1902 penny survived and the amount of overall wear determines value. Easily recognizable features are highlighted with images and descriptions to help classify the different degrees of wear. Comparing your coin gives its grade.

Uncirculated: High in demand and 1902 Indian head penny value are coins that never circulated. Amazingly there are a select few known with the original bright mint luster radiating across the surface. Confirm your coin is 'uncirculated' by examining the very highest points of design. The ends of the feathers and her cheek are two areas that would quickly appear dull and slightly smooth from the lightest of wear. Rotate the coin under a light, wear shows as a disruption in the luster as it travels around the coin.

Extremely Fine: Crisp and sharp defines the 'extremely fine' grade. You have to look close to find the small amount of wear present on the hair just above the ear. Notice a slight flattening to the cheek below her eye, and the ribbon trailing below her headdress. Overall a nice coin with a pleasing appearance.

1902 Indian Head Penny How Much Is It Worth

1902 Indian Head Penny

Fine: Highest parts of the design, cheek, neckline and headband are visibly worn, and somewhat flat. However, all major details remain clear, indicating a 1902 Indian penny in 'fine' condition. Normal roundness of her cheek and chin has worn away. Along the back of her neck most fine details separating the hair curls are now blended into one. It is important the central area of the headdress is well defined with nice definition, headband and all feathers separated. In total, a bold moderately worn coin remains.

Good: Extensive use has worn the majority of this coin away. Most detail separating the feathers, headband, and hairline above her face is smooth and missing. Collectors and dealers prefer a full rim if considering a coin as reaching the 'good' grade. Rest assured, your 1902 Indian head penny value is supported by the series popularity.

Coin Values CoinStudy Articles

Date by Date
In Depth Indian Penny Value
1859 to 1882

1859

1865

1871

1877

1860

1866

1872

1878

1861

1867

1873

1879

1862

1868

1874

1880

1863

1869

1875

1881

1864

1870

1876

1882

Date by Date
In Depth Indian Penny Value
1883 to 1909

1883

1890

1897

1904

1884

1891

1898

1905

1885

1892

1899

1906

1886

1893

1900

1907

1887

1894

1901

1908

1888

1895

1902

1909

1889

1896

1903

$1 to 2 dollars for common dates. With many advanced collectors pursuing Indian pennies and forming great collections the rare dates are rapidly moving higher in value. Better condition coins are especially sought. Your box of old coins has never been more valuable.

Penny values listed for US cents. From the earliest Half and Large cents, to Indian head pennies to the popular Wheat cents of 1909 to 1958.

Match your coins to the grading images, determine their grade and find an accurate value on the charts. Some of these old pennies have amazing values.

Coin Values Discovery finds... 1902 Indian Head Penny Value and...

All old US coin values. Use this page as a starting point, it is an excellent index with images and text links to all coin series, from Cents to Gold. Value charts, grading images and descriptions uncover not only the value of Indian pennies but how much your box of old coins is worth.

CoinTrackers.com has estimated the 1902 Indian Head Penny value at an average of $2.50, one in certified mint state (MS+) could be worth $55. (see details)...

Type:Indian Head Penny
Year:1902
Mint Mark: No mint mark
Face Value: 0.01 USD
Total Produced: 87,374,000 [?]
Silver Content: 0%
Numismatic Value: $2.50 to $55.00
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $2.50, while one in certified mint state (MS+) condition could bring as much as $55 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1902, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

Additional Info: This coin was designed by James Barton Longacre, Head Engraver at mint.


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**When we say that 87,374,000, of these coins were produced or minted in 1902 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.

We use user submitted pictures please read that article if you are interested in adding your own.

1902 Indian Head Penny Price

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