The 1905 Indian Head pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.

The Indian Head cent, also known as an Indian Head penny, was a one-cent coin produced by the United States Bureau of the Mint from 1859 to 1909. It was designed by James Barton Longacre, the Chief Engraver at the Philadelphia Mint. From 1793 to 1857, the cent was a copper coin about the size of a half dollar. The discovery of gold in California caused a large inflation in prices. 1905 Indian Head Penny Full Liberty. 1896 Liberty Indian / 1905 Liberty Indian.old Wheat Penny Roll. 1903 Indian Penny, 1890 Seated Dime & 1905. The Indian Head Pennies lost their nickname in 1866 when five cent nickel coins were produced. It has been rumored that the model for the Indian likeness was the daughter of James Barton Longacre who designed the Indian Head Penny, but it has not been proven. In 1908 the Indian Head Penny was produced at the San Francisco Mint.

Specifications

Type: Indian Head Penny
Year: 1905
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams

1905 Indian Head Penny Necklace

There is no mint mark on this coin. Each coin was minted in Philadelphia.

Value

The 1905 Indian Head penny is worth around $2 in good condition. In very fine condition the value is around $6. In extremely fine condition the value is around $10. In uncirculated condition the price is around $40 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $60.

The 1905 Indian Head proof penny is worth around $150 in PR 63 condition.

Grading System

Good- The word 'LIBERTY' inscribed on Liberty's headband is not visible.

Very fine- The word 'LIBERTY' inscribed on Liberty's headband is visible but there is slight wear.

1905 Indian Head Penny Price

Extremely fine- The word 'LIBERTY' inscribed on Liberty's headband is sharp. The other details on the coin are also sharp. There is slight wear on the end of the ribbon.

MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.

PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.

Sources:

The Red Book

1905 Indian Head Penny Error

1905 Indian Head Penny Ms65

See also:

1905 Indian Head Penny Mint Mark

1906 Indian Head Penny
1904 Indian Head Penny
1903 Indian Head Penny