1905 Indian head penny value has steadily moved higher over the years. It is among the 1900 to 1909 years, forming a popular sub-set of collectible Indian pennies.

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Today in the collectors market 1905 pennies are abundant in average circulated condition. However, nicer preserved coins with greater detail are far less available and realized by collectors. Examine your coin, is the word "Liberty" visible within the headband? If all letters are readable your 1905 Indian head penny value doubles.

A top quality example is pictured to the right. Very rare are coins in the same condition as when first leaving the mint. This 1905 penny is easily worth $30 because of outstanding brightness and mark free surfaces. Further down the page are auction results of one of the finest 1905 pennies.

Finding an accurate value of your old 1905 Indian penny is to first judge its condition. Collectors and dealers examine the amount of wear to the surface and a "grade" is assigned. Images and grading descriptions are described after the value chart.

1905 Indian Head Penny ValueCondition of CoinDateGoodFineExtremelyFineUncirculated
1905 Indian Head Penny Value Updated2021
1905 $1.48 $2.49 $7 $31

Highest Value for Gem Quality 1905 Indian Head Penny

An Indian penny showing no signs of wear to its surface is known as "uncirculated" condition. Pictured is a 1905 penny taking the term to a different level. Collectors would describe it as "Gem uncirculated." Bright original color, mark free surfaces and absent are any visual distractions. In fact this coin is outstanding in eye appeal.

When a coin of this gem quality is offered in the market it is likely in an auction setting. This coin was sold at a David Lawrence rare coin auction after multiple bids took the price to $690. Rarity and collector interest established a high value on gem 1905 Indian pennies.

Elite condition coins are only a small part of the coin collecting hobby, their rarity is a limiting factor. Many collectors pursue lightly worn and pleasing examples as they are building sets. Your 1905 Indian penny is always of value.


Good Fortune and Condition Lead to Value

Demand for higher quality 1905 pennies creates a doubling or more in value for the nicer coins. Your coin is highly desirable to collectors if it was lucky enough to have been set aside before wearing extensively. Judge the "grade" and value category of your coin by comparing it to the images and descriptions.


Uncirculated: Coveted by collectors because no wear disturbs the surface. This penny despite its age is in like new condition and rising to the high end of 1905 Indian head penny value. Toning may appear as a dark redness and brown, however no parts of the design have been worn from contact. With a magnifying glass examine her cheek and the tips of the feathers for wear. Minting imparts a certain grain to the surfaces of coins, wear can appear as a somewhat glossy or smooth sheen and sometimes with dullness to the area.


Extremely Fine: 1905 pennies found with crisp, sharp detail are uncommon. Clear definitions of minor design elements are Indian pennies graded as "extremely fine" condition. First determine if the top and bottom of the headband is well defined. This plus all of "Liberty" clearly visible puts your coin in a select group worth a strong premium. Next, her eye brow and cheek should show almost complete roundness with only small areas of flatness. Confirm the extra fine grade with a distinct ribbon crossing over the hair curls behind her neck.


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Fine: Pulled from circulation with ample detail remaining, Indian pennies in "fine" condition are pleasing. Her face and hair are fully separated with rounded contours. Lettering and date is bold. From the top of the headband, following her forehead and down behind her ear are the highest points of design. It is these areas that wear removes much of the finer detail.

Good: Heavy wear has reduced the portrait to almost a flat silhouette. The headband and hair above the eye are no longer separated, hair curls along her neck and ribbon are merged. In "good" condition enough of the design and a bold date remain to easily recognize. Solid 1905 Indian head penny value, very collectible despite its worn appearance.