Despite Indian Heads from the 1890s being quite simple to get your hands on, the same cannot be said about the first edition minted in the 20th Century. The 1900 Indian Head Penny is extremely attractive to collectors simply because it is the coin that bridges two centuries of Indian Head production. Even in poor condition, these coins will go for a price that far exceeds face value.
Should you find a 1900 Indian Head in great condition, you can expect that its price will be significantly more than an Indian Head in poor condition. Regardless of the coin’s condition, these Indian Heads are of high value to every collector.
Because Indian Head Pennies are so old, their condition can vary greatly from coin to coin. While some are in excellent shape, far more are in downright poor condition due to being more than one hundred years old and having been circulated a good bit. For collectors, the end-goal is always to find a coin that is in the best condition.
Officially judging a coin’s condition is known as giving it a grade, but this can only be done by a professional coin grading company. For the time being, however, you can use the specifications below to gain a better understanding of why coins receive the grades they do.
Uncirculated: In the best possible condition, Uncirculated 1900 Indian Head Pennies saw almost no time in circulation. These coins have all of their imagery preserved, and this is by far the most attractive aspect to collectors. In addition, the coin will have retained most of its texture.
Extremely Fine: An Extremely Fine 1900 Indian Head Penny is one that saw only a very limited amount of time in circulation. Due to exchanging hands for some time, the coins will show some light signs of wear and will have had most of their original luster worn away. With that being said, these coins are still quite pleasing to the eye and to the touch.
Fine: A coin in this condition will still look half decent, but will also show plenty of signs of wear. The coin’s imagery will have been worn away over the years due to a good amount of time in circulation. In addition, some of the coin’s texture will have faded with the years as well. The coin’s images and inscriptions, however, will still be able to be made out without too much trouble at all.
Good: Coin’s in good condition are those that saw the most time in circulation. These coins are going to be scratched, chipped, and on occasion bent. Still, because they were minted upon the turn of the century, they are still a hot-ticket item for most collectors.
Giving the Indian Head Penny a price is no more difficult than assessing the coin’s condition. If you find a coin that has been well-preserved through the years, you can expect to pay a pretty penny for it (no pun intended). Because the 1900 Indian Head is a bit rarer than its 1890s counterparts, the price for these coins can be a bit more than you might expect. With that said, the chart below will give you a good idea of how much you can expect to pay for a 1900 Indian Head given the coin’s grade.
1900 Indian Head Penny
|1900||$2||$4.50||$10||$20||Source: Red Book|