1867 Indian Head penny obverse and reverse showing Miss Liberty portrait and ONE CENT wreath

The 1867 Indian Head Penny Value Guide

An 1867/67 Repunched Date cent graded MS65RB sold for $8,700 at Heritage Auctions in August 2021 — yet most worn examples circulate for under $100. Find out which side of that gap your coin sits on with the free tools below.

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$8,700 Top auction record (1867/67 MS65RB, Heritage 2021)
9.8M Business strikes produced at Philadelphia
~625 Proof coins made — extremely scarce
$60+ Minimum value even in worn Good condition

1867 Indian Head Penny Value Chart at a Glance

Use this table as a quick reference before diving into the calculator. For a thorough, photo-illustrated walkthrough to help spot and identify your 1867 Indian Head cent's condition and variety, see this complete 1867 Indian Head penny identification reference guide. Values below are based on CDN Greysheet and PCGS Price Guide data as of the 2026 edition.

Variety Worn (G–VG) Circulated (F–XF) Uncirculated (MS-62) Gem (MS-65+)
Regular Strike (BN) $60 – $90 $105 – $190 $405 – $550 $1,000 – $1,300
Regular Strike (RB) $495 – $650 $1,150 – $2,250
Regular Strike (RD) $725 – $950 $7,000 – $21,500
1867/67 RPD Snow-1 SIGNATURE $100 – $180 $235 – $725 $1,950 – $3,100 $4,000 – $29,000+
Proof Strike RARE $550 – $1,200 (PF-62/63) $5,000 – $18,000+

🪙 CoinHix lets you photograph your coin and instantly cross-reference its color designation and grade tier against live market data — a coin identifier and value app.

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The Valuable 1867 Indian Head Penny Errors (Complete Guide)

The 1867 Indian Head cent was struck at a time when hand-punched working dies were still common practice at the Philadelphia Mint, making date repunching and die-state errors unusually frequent. The five varieties and error types below represent the most collectible examples — each with its own distinct diagnostic features, market history, and premium structure. Learn to spot these before you sell or trade.

1867/67 Repunched Date Snow-1 Indian Head penny showing doubled date digits shifted north

1867/67 Repunched Date (Snow-1 / FS-301)

Most Famous $100 – $29,000+

The 1867/67 RPD is the single most coveted variety in the entire 1867 Indian Head cent series and one of the most recognizable repunched dates in all of U.S. small-cent coinage. It was created when a mint workman punched the date logotype into the working die, then repositioned it and punched a second time slightly to the south, leaving the first impression visible as ghost outlines above the primary digits.

The repunching is strongest on the 6 and the 7, where a clear secondary digit outline appears directly north of the main impression. The 1 and the 8 also show displaced impressions at their base and top, respectively. Accompanying die clash marks — including the shadow of a C from CENT visible in front of Liberty's eye and the outline of an N from ONE beneath the ear — are frequently present and serve as additional diagnostics for the Snow-1 die marriage.

Collector demand for this variety is high at every grade level, not just in gem condition. Even a worn G-4 example with visible repunching commands roughly twice the base coin's price. At the gem mint-state level, the 1867/67 RD in MS-64 carries a CPG price of approximately $15,500 and MS-65 RD reaches around $29,000, making it one of the most valuable mid-19th-century small cents outside of the truly rare key dates.

How to spot it

With a 5× loupe, examine the digits of the date. Look for a second impression shifted north above the 6 and 7. The primary digits will have a faint "shadow" or raised outline above them that is widest at the top of the 6's bowl and the serif of the 7.

Mint mark

Philadelphia only (no mint mark). All 1867 cents are P-mint; no branch mint issues exist.

Notable

Designated FS-301 by CONECA and Snow-1 in the Snow reference. A PCGS MS65RB example sold for $8,700 at Heritage in August 2021. Two recognized sub-types exist (Type 1 and Type 2), each with distinct repunching characteristics.

1867 Indian Head penny proof coin with deeply mirrored fields and frosted Miss Liberty devices

1867 Proof Strike

Rarest $550 – $18,000+

The Philadelphia Mint produced approximately 625 proof 1867 Indian Head cents, making them significantly scarcer than the business-strike mintage of 9,821,000 pieces. Proof coins were struck on specially selected planchets that were hand-fed into the press and struck multiple times with polished dies, producing the mirror-like fields and sharply frosted portrait detail that define the proof series.

Visually, a genuine proof 1867 Indian Head cent displays brilliant, deeply mirrored fields that function almost like a reflective pool around Miss Liberty's portrait. The feathers, headband lettering, and wreath devices appear sharply frosted against those reflective fields, creating dramatic cameo contrast on the finest examples. The edge is perfectly square and wire-thin. Any proof that shows cleaning or artificial enhancement has sharply reduced collector appeal and value.

At the population level, NGC has certified over 230 proof examples of the 1867 cent in its tracking data. Proof coins are collected both as type pieces and as part of complete proof sets. Value is strongly tied to color designation: a PR-62 BN trades around $550, while a PR-65 Cameo or Ultra Cameo example can exceed $18,000 depending on eye appeal and population data at that specific grade.

How to spot it

Tilt the coin under a single light source. Proof fields show mirror-like reflections you can clearly see your face in. The devices appear fully frosted. Square, sharp rims and wire-sharp device edges distinguish proofs from business strikes at 5× magnification.

Mint mark

Philadelphia only (no mint mark). All proof Indian Head cents of this era are Philadelphia issues.

Notable

Mintage estimated at 625 to 1,000 pieces. NGC census shows 233 proof examples certified across all grades. Proof die marriage PR1 (Snow PR1) features a die chip above the ear and a die scratch from the second diamond into the neck — key diagnostics for authentication.

1867 Indian Head penny off-center strike showing Miss Liberty shifted with blank planchet visible and date readable

Off-Center Strike

Most Valuable Error $150 – $3,000+

Off-center strikes occur when a planchet is fed into the coining press but fails to seat properly within the collar, causing the dies to strike an area that falls partly outside the intended coin diameter. On 19th-century coinage, this was more common than on modern issues because collar and feeding mechanisms were less automated and precise. For the 1867 Indian Head cent, both minor and dramatic off-center examples are documented.

A minor off-center strike of 5–15% shows the design pushed toward one side with a slight blank crescent of planchet visible on the opposite side. These add modest collector premiums of $50–$100 above base value. However, a dramatic off-center of 35–60% — where nearly half the planchet is blank but the full date 1867 remains visible within the struck portion — is a genuinely major error and can realize several hundred to several thousand dollars depending on the grade and centering appeal.

The key value driver is whether the full date is readable. Collectors prize dramatic off-centers precisely because the date is essential for attribution; any piece where the date is cut off is worth considerably less than a similarly shifted example that retains a clear, full 1867. The most desirable off-centers combine 35%+ shift with the date fully visible and a strong, bold strike on the remaining design elements.

How to spot it

Look for a blank crescent of copper on one side of the coin and a design that appears pushed to the opposite side. Measure the blank area — anything over 20% with the full date still visible is a collectible major error worth specialist evaluation with a loupe.

Mint mark

Philadelphia only (no mint mark). Off-center errors on 1867 cents are P-mint issues by default.

Notable

A documented 1867 cent struck 30%+ off-center in MS-63 BN appeared in a prominent error-coin collection sale. Values are established case-by-case at auction; the error coin market is less standardized than the variety market. Submit to NGC or PCGS for authentication before selling.

1867 Indian Head penny die cud error showing raised blob of metal at the rim from a broken die

Die Cud Breaks (CUD-001 to CUD-004)

Best Kept Secret $100 – $600+

Die cuds are raised blobs of metal that form when a section of the die face breaks away — typically at the rim — and the void left behind fills with metal during each subsequent strike. Four distinct cud varieties are documented for 1867 Indian Head cents: CUD-001 through CUD-004, each attributed to a specific die marriage and attributor. These are circulation-strike coins, not proofs, and they represent die-state progression as the working dies aged and degraded under the repeated stress of striking millions of planchets.

Visually, a die cud appears as an irregularly shaped raised area at or just inside the rim, where normal design elements (letters, rim denticles, or portions of the portrait or wreath) are replaced by a featureless raised mass of copper. The CUD-001 (attributed to David Poliquin) and CUD-004 (also Poliquin) occur on the obverse; CUD-002 (Russell Doughty) and CUD-003 (David Kahn) are reverse cuds affecting the wreath area. All four are referenced in the Snow variety system as currently unassigned Snow numbers (Snow N/A).

Collectors of die-state varieties prize late-die-state cud examples for their dramatic visual impact and their documentation of how dies fail over time. A moderate cud on an otherwise VF coin can add $50–$100 premium. A dramatic, large cud on an XF or AU example — where the strike quality is still excellent despite the die failure — can attract specialized bidding well above standard pricing at major error-variety auctions.

How to spot it

Examine the rim carefully under a 10× loupe. A raised, blob-like area where letters, denticles, or design elements should appear — but instead show a smooth, featureless raised mass — is a die cud. The blob will be higher than the surrounding surface.

Mint mark

Philadelphia only (no mint mark). All four documented 1867 cud varieties are P-mint circulation strikes.

Notable

Four distinct cuds attributed: CUD-001 (Poliquin, die P1), CUD-002 (Doughty, P6), CUD-003 (Kahn, P5), CUD-004 (Poliquin, P7), all cross-referencing Snow N/A. All use the Shallow-N Reverse die. Submit to indianvarieties.com or CONECA for formal attribution before pricing.

1867 Indian Head penny DDR-001 Snow-6 doubled die reverse showing doubling in wreath and lettering

Doubled Die Reverse DDR-001 (Snow-6)

Hidden Gem $80 – $400+

The DDR-001, known in the Snow reference as Snow-6, is the only documented doubled die reverse variety for the 1867 Indian Head cent. It was created when the reverse hub was rocked or shifted slightly during the hubbing process — when the design is transferred from the master hub onto a working die — leaving a secondary impression of the reverse design offset from the primary hub impression. The variety was attributed by Brian Raines and uses the Shallow-N Reverse die pairing.

The doubling on Snow-6 is most visible in the reverse wreath, where leaf edges and stem elements show distinct secondary outlines displaced slightly from the primary design. The lettering of ONE CENT also shows the doubling effect, with the secondary letter outlines appearing as a slight "spread" or shadow to one side of each letter. A 10× loupe is required to confidently identify this variety; at lower magnification it can be mistaken for a normal die-state coin with die wear.

Because DDR-001 is the only doubled die reverse for this date, advanced Indian Head cent specialists actively seek it to complete their variety collections. The premium over a normal coin is modest compared to the 1867/67 RPD — most examples sell for $80–$200 in circulated grades — but gem uncirculated examples with strong doubling and sharp strike can achieve $400 or more from specialist buyers, particularly when the variety is formally attributed on the holder.

How to spot it

Flip the coin to the reverse and examine the wreath leaves and ONE CENT lettering under a 10× loupe. Secondary outlines displaced slightly from the primary impression — appearing as a faint ghost edge on the leaf tips and letter serifs — confirm the DDR-001 identification.

Mint mark

Philadelphia only (no mint mark). Uses the Shallow-N Reverse die pairing, a Circulation strike issue.

Notable

Designated DDR-001 by CONECA and Snow-6 in the Snow Indian Head Cent reference. Attributed by Brian Raines. Only one doubled die reverse is documented for the 1867 date — making this the sole DDR variety of this year. Formal attribution from CONECA increases resale value.

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1867 Indian Head Penny Mintage & Survival Data

Historical Philadelphia Mint circa 1860s or group of 1867 Indian Head pennies displayed by grade

All 1867 Indian Head cents were produced exclusively at the Philadelphia Mint. The business-strike mintage of 9,821,000 pieces may sound large, but post-Civil War economic conditions resulted in heavy wear on circulating coins of this period. Industry estimates suggest that perhaps 4,000–5,000 original business-strike examples survive in all grades, with far fewer in collectible condition. Philadelphia did not use a mint mark, so all 1867 Indian Head cents appear without a mint mark.

Issue Mint Mintage Approximate Survivors
1867 Business Strike Philadelphia (no mark) 9,821,000 ~4,000–5,000 (all grades)
1867 Proof Strike Philadelphia (no mark) ~625–1,000 ~233 NGC-certified examples
Total 1867 production ~9,822,000
📋 Composition specs: 95% copper, 5% tin and zinc (bronze) · Weight: 3.11 g · Diameter: 19 mm · Plain edge · Designer: James B. Longacre · Series run: 1864–1909 (bronze composition).

Note: The 1867 cent mintage is similar to that of 1866 (9,826,500) and 1868 (10,266,500), placing it among the scarcer dates of the bronze Indian Head era. Compare this to the high-mintage 1907 cent at 108,138,618 — more than 11 times the 1867 output.

1867/67 Repunched Date Self-Checker

The 1867/67 RPD (Snow-1 / FS-301) is the most sought-after variety of this date. Use this checker to see whether your coin shows the key diagnostics. Answer all four questions honestly — over-counting checkmarks leads to false positives.

Comparison of normal 1867 Indian Head penny date versus 1867/67 Repunched Date variety showing shifted digit outlines

🔴 Common — Regular 1867 Date

  • Date digits appear clean with single, sharply defined impressions
  • No secondary outlines or ghost images above the 6 or 7
  • Date area shows normal die flow lines without displaced metal
  • No clash marks from the wreath C or N visible in front of the portrait
— vs —

✅ Rare — 1867/67 Repunched Date (Snow-1)

  • Secondary digit outlines visible north of the primary 6 and 7
  • The 18 shows repunching above the base and top of each digit
  • A "C" clash mark may appear in front of Liberty's eye
  • An "N" clash mark may appear below Liberty's ear

Check which features your coin shows:

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Free 1867 Indian Head Penny Value Calculator

Select your coin's mint, condition, and any known varieties below, then press Calculate to get an estimated value range.

Step 1 — Mint Mark
Step 2 — Condition
Step 3 — Variety or Error (check all that apply)

If you're not yet sure of your coin's mint mark, condition, or whether it has an error, there's a 1867 Indian Head Penny Coin Value Checker online tool that lets you upload a photo of your coin and receive an AI-assisted identification before you fill in the steps above.

Describe Your Coin for a Detailed Assessment

Not sure which buttons to press? Type a description of your coin below and our analyzer will pick out key details and give you a tailored read.

Mention these things if you can

  • Color: red, red-brown, or brown?
  • LIBERTY visibility on the headband
  • Date appearance — any doubling or shadows?
  • Any damage, cleaning, or holes?

Also helpful

  • Any clash marks visible (C or N near portrait)?
  • Rim condition — any raised blobs or cuds?
  • Design centering — is the date in the center?
  • Does it look mirror-bright? (possible proof)

How to Grade Your 1867 Indian Head Penny

Grading is the single biggest determinant of value for the 1867 Indian Head cent. A coin worth $100 in Fine condition can be worth $1,000+ in Mint State. Here's how to assess condition at home before submitting to a professional grader.

Grading strip showing four 1867 Indian Head pennies in ascending condition from worn Good to Mint State

Worn — Good to Very Good (G–VG)

Value: ~$60 – $90

The coin's outline is fully visible but detail is flat and shallow. LIBERTY on the headband is entirely missing (G-4) or shows only a few isolated letters (VG-8). The portrait, feathers, and wreath are worn smooth. These coins circulated heavily through post-Civil War commerce and show decades of use. Still collectible as affordable type pieces for the series.

Circulated — Fine to Extremely Fine (F–XF)

Value: ~$105 – $190

LIBERTY is readable in Fine (most letters present) and fully sharp in Extremely Fine (all letters clear, slight wear only on the highest points). Feather tips show detail; the wreath bow is distinct. XF-40 and XF-45 examples are especially popular with mid-level collectors. The copper surface is typically an even medium-brown at these grades with no original luster remaining.

Uncirculated — MS-60 to MS-63

Value: ~$345 – $650+ (BN/RB)

No wear is present — luster flows unbroken across the full surface when the coin is tilted under a single light. The grade within this range depends on contact marks, strike sharpness, and color. MS-60/61 coins may have distracting abrasions; MS-62/63 pieces are cleaner. Color adds value: RB commands 20–40% more than BN at the same numerical grade.

Gem — MS-64 to MS-66 (RD)

Value: $1,400 – $21,500+ (RD)

Gem examples are exceptional survivors from the original 9,821,000 mintage. Only a tiny fraction retained full Red color across more than 150 years of storage. MS-65 RD is worth approximately $7,000; MS-66 RD can reach $21,500 based on CPG data. At this tier, eye appeal — the combination of strike, color, and surface preservation — drives every bidding decision. Professional grading by PCGS or NGC is essential.

💡 Pro Tip — Color Matters for the Bronze: Unlike silver or nickel coinage, the 1867 Indian Head cent's value is powerfully influenced by whether the coin retained its original orange-red mint color. A coin with even 50% original red surfaces (qualifying it as RB) can be worth 1.5–2× more than an identical brown coin at the same numerical grade. Always check for original luster and color under natural daylight or a 5000K LED before submitting for grading.

📸 CoinHix lets you photograph your coin and match surface detail against graded reference images to estimate MS grade — a coin identifier and value app.

Where to Sell Your Valuable 1867 Indian Head Penny

The right venue depends on your coin's grade and variety. A worn regular strike is best sold quickly through eBay or a local dealer; a gem RPD belongs at a major numismatic auction house where specialist bidders compete.

AUCTION HOUSE

Heritage Auctions

Heritage reaches the deepest pool of advanced Indian Head cent collectors. For coins grading AU-55 or higher, or any 1867/67 RPD in XF or better condition, a Heritage consignment typically achieves the highest realized price. They also handle proof submissions. Allow 60–90 days from consignment to settlement; minimum consignment thresholds apply for their major sales.

ONLINE MARKETPLACE

eBay

eBay's completed listings for 1867 Indian Head cents show active bidding at every grade level. Check recently sold 1867 Indian Head penny prices and listings on CoinHix to set a realistic reserve before listing. PCGS- or NGC-graded coins sell faster and for more money than raw (uncertified) examples, especially in the $200+ range.

LOCAL COIN SHOP

Local Coin Dealer

A local dealer offers the fastest, simplest transaction — walk in, get an offer, walk out with cash. Expect to receive 40–60% of retail value, since the dealer needs margin to resell. This is the best option for worn examples worth under $100, where auction fees would consume most of the profit. Bring your coin in a protective flip, not bare-handed.

COMMUNITY

Reddit (r/Coins4Sale, r/CoinSales)

Selling on Reddit numismatic communities can achieve close-to-retail prices because you deal directly with fellow collectors. Rules require payment via PayPal G&S and photo verification. Best for mid-range coins ($50–$300) where auction house minimums are too high but eBay fees eat into profit. Good for the DDR-001 and die cud varieties that attract specialist buyers.

🏆 Get it graded first: For any 1867 Indian Head cent you believe grades VF or better, or any coin showing a possible RPD, off-center strike, or cud, submit to PCGS or NGC before selling. Encapsulation in a certified holder typically adds 20–50% to the selling price and eliminates buyer skepticism entirely. At $30–$50 per submission, grading pays for itself on most examples worth over $150.

Frequently Asked Questions — 1867 Indian Head Penny Value

How much is a 1867 Indian Head penny worth?

A worn 1867 Indian Head penny in Good-4 condition is worth roughly $60–$75. Coins grading Fine to Extremely Fine range from about $105 to $190. Uncirculated examples (MS-62 BN) start around $405 and climb steeply: MS-65 BN reaches approximately $1,000 and MS-66 Red can exceed $21,000. The 1867/67 Repunched Date variety adds a significant premium at every grade level.

What is the 1867/67 Repunched Date variety?

The 1867/67 Repunched Date (Snow-1, FS-301) is the most famous variety of the 1867 Indian Head cent. The date was punched into the working die twice, leaving a second impression of the 1, 8, 6, and 7 shifted slightly north of the primary date. This doubling is clearly visible to the naked eye or with a 5× loupe, making the variety popular even with non-specialists.

How do I identify the 1867/67 Repunched Date?

Look at the date digits under 5× to 10× magnification. On a genuine Snow-1 RPD, you will see a second set of digit outlines — most pronounced above the 6 and 7 — shifted north of the primary impression. The 18 also shows repunching above the base. Die clash marks (wreath C and ONE in front of the head) often accompany the variety and serve as additional confirmation.

Were any 1867 Indian Head pennies made at mints other than Philadelphia?

No. All 1867 Indian Head cents — both the 9,821,000 business strikes and the approximately 625 to 1,000 proof coins — were produced exclusively at the Philadelphia Mint. Philadelphia cents of this era carry no mint mark. If you see a coin labeled '1867-S' or '1867-D' Indian Head cent, it is misattributed; San Francisco only struck Indian Head cents in 1908 and 1909.

What is the composition of the 1867 Indian Head penny?

The 1867 Indian Head cent is struck in bronze: 95% copper, 5% tin and zinc. It weighs 3.11 grams and measures 19 mm in diameter with a plain edge. The composition was changed from copper-nickel to bronze in mid-1864, so by 1867 all business-strike cents were bronze. The designer was James B. Longacre, Chief Engraver of the U.S. Mint.

How many 1867 Indian Head pennies were made?

The Philadelphia Mint struck 9,821,000 business-strike 1867 Indian Head cents. In addition, approximately 625 to 1,000 proof examples were produced for collectors and sets. These numbers place the 1867 cent among the scarcer dates of the early bronze Indian Head series, similar in production volume to the 1866 and 1868 issues.

What does an 1867 Indian Head proof penny look like and what is it worth?

Proof 1867 Indian Head cents were struck with polished dies on specially prepared planchets, giving them mirrored fields and sharply frosted devices. In PR-62 condition a proof is worth roughly $550. Higher-grade proofs (PR-65 and above) can bring $5,000 to $18,000 or more, depending on color designation and the specific die marriage. Proofs are significantly rarer than business strikes.

What color designation matters most for the 1867 Indian Head penny value?

For uncirculated 1867 Indian Head cents, color designation dramatically affects value. Brown (BN) coins are the least valuable; Red-Brown (RB) coins carry a 30–60% premium over BN at the same numerical grade; and full Red (RD) coins can be worth two to five times more than equivalent BN examples. An MS-65 BN is worth roughly $1,000, while MS-65 RD reaches approximately $7,000.

What are the most common errors and varieties on the 1867 Indian Head cent?

The most significant varieties include the 1867/67 Repunched Date (Snow-1/FS-301), the Double Die Reverse DDR-001 (Snow-6), several die cud breaks (CUD-001 through CUD-004), and Off-Center strikes. Among mint errors, off-center strikes with the full date visible and lamination errors with dramatic peeling are the most collectible. All of these command premiums over the base coin value.

Where is the best place to sell a valuable 1867 Indian Head penny?

For coins worth $300 or more, Heritage Auctions or Stack's Bowers reach the largest pool of specialist buyers and typically achieve the best realized prices. For mid-range examples ($50–$300), eBay's completed listings show active demand. Local coin shops offer instant payment but usually below retail. Having the coin authenticated and graded by PCGS or NGC before selling any example worth over $100 is strongly recommended.

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