Indian head cents were struck in two different alloys:
> From 1859 to mid-1864 they were made of an alloy of 88% copper and 12% nickel, with a weight of 4.67 gm.
> From mid-1864 to the end of the series in 1909 they were made of the familiar bronze alloy of 95% copper, 5% tin and/or zinc that was used until mid-1982 (excepting 1943, of course) when the current copper-plated zinc composition was adopted.
what is the value of a Indian head penny in excellent condition
There is no 1873 wheat penny. It is an Indian head penny.
The first year for a Indian Head cent is 1859
Indian head pennies were produced between 1859 and 1909.
A penny is .01 US dollars.
Are you asking about a Indian head penny or a nickel? Post a new question with the denomination and date of the coin.
Whatever you are willing to pay
A 1898 Indian head penny in circulated condition is worth 1 to around 23 dollars in circulated condition. These coins are not rare.
The first Indian Head cent was in 1859. Look at the date again and post new question.
Check that coin again. Indian head cents were minted from 1859 until 1909.
An 1800 Indian head penny is worth about $60 in good condition, $250 in fine condition, and $1,435 if it is extremely fine. Uncirculated coins are extremely rare.
A 1883 Indian Head penny would be worth $3 if worn, $16 if none circulated.