The "S" is not a type but rather a mint mark indicating that the coin was minted in San Francisco. In Good (i.e. well-worn) condition it might be worth 5 or 6 cents; in Fine condition, around 35 cents; in Extremely Fine, about 75 cents to a dollar.
The last year Indian Head pennies were minted was 1909. In 1927 the type of penny that was minted was the Lincoln, Wheat Ears reverse (called 'Wheat Penny') A 1927 Wheat penny is worth from $0.15 to $125.00 according to mint mark and condition.
There were no Indian Head pennies minted in 1915. The last Indian Head pennies were minted in 1909. In 1915 the type of penny minted was the Lincoln, Wheat Ear reverse (called 'Wheat penny'). A 1915 Wheat penny is worth from $1.50 to $500.00 according to mint mark and condition.
With a silvery coating on it, it has now become a novelty item with no collector value.
At this time. mintmarks were still hand punched into the working dies at the mint the coins were made at. Unfortunately errors of this type are common, but it still may have some extra value depending on how much of a slant it has. Show it to a couple different dealers for an idea of value, it won't be much.
The coin is so very common circulated coins are 2 to 5 cents, one that looks like new is 10 cents.
This is not enough information to give an accurate value amount. Need to know 'Type' of penny, 'Date' of penny and 'condition' of penny.
it is not rare enough to have any value [will have value in about 3 years]
The value of a 1913 silver wheat penny, also known as the 1913-S Type 1, can vary significantly based on its condition and rarity. While most circulated examples are worth a few cents to a couple of dollars, uncirculated or rare variants can fetch much higher prices, often ranging from hundreds to thousands of dollars at auction. It's important to have the coin appraised by a professional to determine its exact value.
That's the type of U.S. cent minted during the years 1909 through 1958.
Ask another question and include the date and type of error on the penny.
If the coin is bigger than any penny in your pocket it's a novelty coin of some type. Indian Head cents were struck in 1877 but they are the same size as a modern Lincoln cent, also Wheat Penny's were first made in 1909.
The value of a 1962 single penny is about 1 cent. This varies depending on the condition of the coin and the type. The D type is worth up to about 35 cents if in excellent condition.