CoinValue

1870 Indian Head Penny

1870 | Philadelphia | Mintage: 5,275,500 | 95% Copper, 5% Tin and Zinc
$30 – $20,175 Semi-Key
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Obverse of Indian Head Penny showing Liberty wearing Native American headdress

Obverse

Reverse of Indian Head Penny

Reverse

The Indian Head Penny - 1870 was minted at the Philadelphia Mint with a mintage of 5,275,500. Values range from $30 in lower grades to $20,175 in top condition. This is a semi-key date with strong collector demand.

CoinValueDB Value Estimate

$3.60 – $20,175

Price History

SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $1,628 High: $20,175 Low: $4 17 total data points

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Good (G-4)$40
Very Good (VG-8)$44
Fine (F-12)$74
Very Fine (VF-20)$85
Extremely Fine (EF-40)$163
About Uncirculated (AU-50)$315
Mint State (MS-60)$298
Choice Mint State (MS-63)$593
Near Gem (MS-64)$2,375
Gem Mint State (MS-65)$2,350
Superb Gem+ (MS-67)$20,175

About the Indian Head Penny

The Indian Head Penny series began in 1859 to replace the larger, heavier Flying Eagle cent. James B. Longacre designed the coin while serving as the Chief Engraver at the Philadelphia Mint. He chose a portrait of Lady Liberty wearing a Native American headdress instead of an actual Native American figure. This design choice drew criticism for its lack of historical accuracy, but the coin remained popular with the public for half a century. The design underwent one major change in 1860 when Longacre added a laurel wreath to the reverse side to replace the original oak wreath and shield. The series ended in 1909 after the Mint introduced the Lincoln cent. The Indian Head Penny remains a staple of American numismatics because it represents the transition to the modern small cent format.

Coin Details

Designer
James B. Longacre
Composition
95% Copper, 5% Tin and Zinc
Weight
3.11 grams
Diameter
19 mm
Edge
plain
Series
Indian Head Penny (1859-1909)

Historical Notes

1870 Indian Head Penny, semi-key date.

Collecting Indian Head Penny Coins

Start your collection with common dates like 1900 through 1908, which you can find in good condition for under $5. Focus on identifying the 1877 date, which has a mintage of only 852,500 and carries a high price tag. Check your coins for environmental damage or heavy cleaning, as these flaws ruin the numismatic value. Watch for altered dates on coins from 1880, as forgers often change the final digit to mimic the rarer 1888 issue. Always use a 5x or 10x jeweler's loupe to inspect the fine details of the feathers and the date for signs of tampering.

Frequently Asked Questions

What is a Indian Head Penny - 1870 worth? +
A Indian Head Penny - 1870 is worth between $30 and $20,175 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1870 Indian Head Penny coins were made? +
The Philadelphia Mint produced 5,275,500 1870 Indian Head Penny coins. Lower mintage numbers generally correlate with higher collector value.
Is the Indian Head Penny - 1870 a key date? +
The Indian Head Penny - 1870 is considered a semi-key date. While not the rarest in the series, it has above-average collector demand and typically commands a premium over common dates.
How much is an 1870 Indian Head Penny worth? +
An 1870 Indian Head Penny in Good-4 condition typically sells for around $60, while an Extra Fine-40 specimen often trades for $250 or more. Values fluctuate based on the specific surface preservation and the sharpness of the Liberty headband.
Is the 1870 Indian Head Penny rare? +
The 1870 is a semi-key date rather than a true rarity. With a mintage of 5,275,500, it is scarce in comparison to the massive production runs of the late 1880s, but it remains available to most collectors with a focused budget.

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