How much is a US 1863 penny worth?

Answer 1

Assuming the coin is circulated, the 1863 Indian Head Cent is the most common date, highest mintage of the copper-nickel (1859-1864) Indian Head cents. For an accurate assessment of value the coin needs to be seen and graded. Most coins of this type have seen heavy use and show a lot of wear. In general retail values for low grade coins are $8.00-$16.00, better grade are $26.00-$58.00 and coins showing almost no wear run from $62.00-$78.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelry or have been cleaned have far less value if any to a collector or dealer