8-22-11>>> Assuming the coin is circulated, the 1903 Indian Head cent is a common coin of the series. For an accurate assessment of value the coin needs to be seen and graded. In general retail values for average grade coins are $1.00-$3.00, but only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelry or have been cleaned have little or no value to a collector or dealer.
The 1903 Indian Head cent is a common coin most are valued at $1.00-$3.00
There was never a silver Indian Head penny.
August 5, 2009 Indian Head cents from 1900, 1902 and 1903 have a circulated value from $1 to about $20 depending upon the actual condition of the coin.
The 1903 Indian Head cent is a high mintage common coin and the value depends on the condition of the coin. The average retail value is $1.00-$3.00 for most coins.
The thickness is 1.55mm which is measured at the rim of the coin.
Wheat cents were struck from 1909 to 1958. If your coin is dated 1903 it's an Indian head cent.
The diameter of all US small cents is 19.05mm
ALL 1903 Indian cents were struck in Philadelphia so none of them would have a mint mark. The first branch mint Indian cents were struck in 1908. See the Related Question for values.
Wheat Back cents did not begin production until August, 1909. Any 1903 penny would be an Indian Head cent.
$1 if very worn, $2 if in average circulated condition.
The Mechanical Head - 1903 was released on: USA: January 1903
To clear things up, wheat cents were made from 1909 to 1958. Indian head cents were made from 1859 to 1909. Please see the Related Question for more information.