The 1901 Indian Head pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.
Specifications
Type: Indian Head Penny
Year: 1901
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams
There is no mint mark on this coin. Each coin was minted in Philadelphia.
| Series | Location | Quantity Minted |
|---|---|---|
| 1901 | Philadelphia | 79,609,158 |
| 1901 Proof | Philadelphia | 1,985 |
Value
Indian Head Penny
- 1901 Indian Head Penny - Rose Gold Earrings with Genuine Garnet Gemstone.
- The British penny ( 1 ⁄ 240 of a pound sterling), a large, pre-decimal coin which continued the series of pennies which began in about the year 700, was struck intermittently during the 20th century until its withdrawal from circulation after 1970. From 1901 to 1970, the obverse ('heads' side) of the bronze coin depicted the monarch who was reigning at the start of the year.
The 1901 Indian Head penny is worth around $2 in good condition. In very fine condition the value is around $6. In extremely fine condition the value is around $10. In uncirculated condition the price is around $40 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $60.
The 1901 Indian Head proof penny is worth around $150 in PR 63 condition.
1901 Indian Head Cent Penny, Some Red, Superb Gem BU RD. 2 bids Ending Thursday at 8:40PM PST 3d 21h. 1901 Indian Head Cent - Walker Coin.
Grading System
1901 Penny Indian Head
Good- The word 'LIBERTY' inscribed on Liberty's headband is not visible.
1901 Penny England
Very fine- The word 'LIBERTY' inscribed on Liberty's headband is visible but there is slight wear.
Extremely fine- The word 'LIBERTY' inscribed on Liberty's headband is sharp. The other details on the coin are also sharp. There is slight wear on the end of the ribbon.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
Sources:
The Red Book
See also:
1902 Indian Head Penny
1900 Indian Head Penny
1899 Indian Head Penny