Notes: 1862 appears to be a mediocre year compared to the previous ones issued in 1861, and 1860. That being said 1862 Indian Head Pennies are still worth quite a bit. The proofs of which there are only around 500, are worth around $800 in the correct market.
How much is a 1862 Indian Head Penny worth?
In Average Circulated (AC) condition it's worth around $8.00, one in certified mint state (MS+) condition could bring as much as $2 at auction. This price does not reference any standard coin grading scale. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1862, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?].
What are your coins really worth?
Use the handy-dandy calculator below to find the real value of any Indian Head Penny in your collection.
The most valuable Indian Head Penny's. Prices listed are for MS-65 certified. Visit the link to learn more about each coin.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Call or visit your local coin dealer for more information.
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