CoinTrackers.com has estimated the 1898 Indian Head Penny value at an average of $3, one in certified mint state (MS+) could be worth $60. (see details)...
Type: Indian Head Penny Year: 1898 Mint Mark: No mint mark Face Value: 0.01 USD Total Produced: 49,821,000 Silver Content: 0% Numismatic Value: $3 to $60.00 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $3, while one in certified mint state (MS+) condition could bring as much. The bronze Indian Head cent was released in July 1864. Its production proved profitable to the federal government, as 3.7 bronze cents could be reproduced from every recoined copper large cent.
Type:Indian Head Penny
Year:1898
Mint Mark: No mint mark
Face Value: 0.01 USD
Total Produced: 49,821,000 [?]
Silver Content: 0%
Numismatic Value: $3 to $60.00
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $3, while one in certified mint state (MS+) condition could bring as much as $60 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 1898, 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 49,821,000, of these coins were produced or minted in 1898 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.
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