1888 Indian Head Penny

Estimated value of 1888 Indian Head Penny (Last 8 Over 7 Variety) is worth $1,630 in average condition and can be worth $24,350 or more in uncirculated (MS+) mint condition. The coin has a 'melt value' of $0.0239 (bare minimum metal value of coin). There is a major variety of the 1888 Indian head Cent (Penny) where the 1888 date was punched over a 1887 date. This resulted in an 1888/7 or 8/7 variety where a small subtle portion of the '7' appeared under the leading '8'. 1882 Indian Head cents are commonly encountered at most U.S. Coin shops, and they often turn up in rolls of mixed-date Indian Head pennies. While 1882 cents are only rarely, if ever, found in circulation or standard bank rolls, they’re plentiful in the numismatic community, and there are plenty to go around in terms of meeting current demand.

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1881 US one cent (penny) value, indian head
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1888 US one cent (penny) value, indian head
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1888 US one cent (penny) value, indian head
1888 US one cent (penny) value, indian head, 8 over 7
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Bronze Composite Penny

The 1888 over 7 Indian Cent is a very popular variety in the Indian Cent series. The 8 digit was apparently struck over a 7 digit on the date. Towards the top left hand portion of the last 8 digit on the date, there are traces of the top portion of the 7 digit. The Indian Head penny was introduced in 1859 with a composition of 88 percent copper and 12 percent nickel and a diameter of 19 mm and a weight of 4.67 grams. In 1864 the composition was changed to 95 percent copper and 5 percent tin with a reduced weight of 3.11 grams.

Minted at: Philadelphia (No Mint Mark)
1888 Indian Head Penny
Metal Composition: 95% Copper - 5% Tin and Zinc

Mass / Weight: 3.11 grams

What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.):
There is a major variety of the 1888 Indian head Cent (Penny) where the 1888 date was punched over a 1887 date. This resulted in an 1888/7 or 8/7 variety where a small subtle portion of the '7' appeared under the leading '8'. One way to identify this error is to note a small knob under the '8' which represents the bottom of the '7' as depicted in the example image of this penny above. In other cases an additional small portion of the underlying '7' may also appear above the last '8' in the 1888 date as well.
Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition
Good
(G-4)
Very Good
(VG-8)
Fine
(F-12)
Very Fine
(VF-20)
Extremely Fine
(EF-40)
About Uncirculated
(AU-50)
Uncirculated
(MS-60)
Uncirculated
(MS-63)
Proof
(PR-63)
$1,254$1,630$2,167$3,685$8,099$18,993$24,350$37,175-

USA Coin Book Estimated Value of 1888 Indian Head Penny (Last 8 Over 7 Variety) is Worth $1,630 in Average Condition and can be Worth $24,350 to $37,175 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). Click here to see the Melt Value of every US Coin.
MELT VALUE: $0.02411888 Indian Head Penny

1888 Indian Head Penny Error

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1888 Indian Head Penny Worth

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