The Indian Head penny was discontinued in 1909, making the 1903 Indian Head penny one of the final mintages of this famous coin. The turn-of-the century brought great economic prosperity to the United States, which in turn prompted the U.S. Mint to create more pennies than ever. With high mintage numbers and a strong nation-wide economy, the 1903 Indian Head penny was one of the most ubiquitous coins of its time. Because so many of these coins were produced, they were circulated long after the Indian Head penny design was retired.
Indian Head Penny Collecting
Many collectors are especially on the lookout for Indian Head coins. These beautiful coins were the precursor to the modern-day Lincoln penny, and their creation and longevity are chock-full of history. Collectors are often on the hunt for an Indian Head penny from each of the years they were produced, making the 1903 Indian Head penny very popular for those looking to complete their collections.
1903 Indian Head Penny Values
The 1903 Indian Head Penny was incredibly well circulated across the United States, which means finding one of these special coins in great shape is a real treasure. Like any coin that has survived for over a hundred years, condition is key to it’s value. A 1903 Indian Head penny in excellent, mint condition can go for as much as forty dollars, while the average cost sits around $2.50.
Type of coin: Penny
Year: 1903
Mint Mark: No mint mark
Total mintage: 85,092,000
Metal content: 95% Copper, 5% Tin and Zinc
Face value: One Cent
Weight: 3.11 grams
Edge: Plain
Designer: James Barton Longacre
Diameter: 19 millimeters