1887 Indian Head Penny — obverse & reverse. Designed by James B. Longacre.
A gem-quality 1887 Indian Head Penny graded MS67 RD sold for $51,750 at Heritage Auctions — yet most circulated examples are worth just a few dollars. The difference comes down to condition, color, and whether you have the prized Doubled Die Obverse (DDO FS-101) variety. Use the free tools below to find your coin's place on that spectrum.
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Go to Calculator →The 1887 DDO FS-101 (Snow-1) is the most iconic variety in the date. Use this quick visual guide and checklist to determine if your coin might be one.
Left: normal 1887 cent reverse. Right: DDO FS-101 — note the clear doubling on AMERICA and OF.
Check all four that apply to your coin:
The table below summarizes typical retail values for all major varieties across four condition tiers. For a complete illustrated identification walkthrough covering how to recognize each grade and color designation for the 1887 Indian Head cent, see this in-depth 1887 Indian Head penny identification reference. Highlighted rows mark the signature DDO variety (gold) and the rarest variety (red).
| Variety | Worn (G–VG) | Circulated (F–AU) | Uncirculated (MS60–63) | Gem (MS64+) |
|---|---|---|---|---|
| Regular Strike (BN) | $3 – $6 | $7 – $38 | $73 – $155 | $255 – $1,100 |
| Regular Strike (RD) | $3 – $6 | $7 – $38 | $115 – $390 | $2,500 – $51,750 |
| DDO FS-101 (Snow-1) ⭐ | $100 – $200 | $300 – $800 | $1,750 – $2,000 | $2,000 – $4,400+ |
| Proof (PF) 🔴 | — | $150 – $250 | $300 – $600 | $700 – $1,500+ |
| Cud Error (CUD-001–007) | $25 – $75 | $75 – $200 | $200 – $500 | $500 – $1,000+ |
| Misplaced Date (MPD-001) | $20 – $60 | $60 – $150 | $150 – $400 | $400 – $900+ |
⭐ = Signature DDO variety (gold highlight) · 🔴 = Proof, rarest regular issue (red highlight) · Values are approximate retail ranges based on recent auction data and dealer pricing.
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Four distinct collectible varieties exist for the 1887 Indian Head cent, ranging from a dramatic doubled die that's recognizable even in worn condition to the rare misplaced date. Each variety was created by a different type of die failure or production anomaly at the Philadelphia Mint. Use the sidebar to jump directly to any variety card.
The 1887 DDO FS-101 is catalogued as Snow-1 in the specialized Indian Head cent reference and listed by CONECA and PCGS. It is a Class V (pivot hub) doubled die: the hub shifted during the hubbing process, rotating counterclockwise around a pivot point near the 9 o'clock position. This means the doubling spread increases with distance from that pivot, growing most dramatic at AMERICA and OF on the reverse.
Visual identification is straightforward even in heavily worn grades. Examine the reverse legend first: AMERICA shows a distinct secondary image offset to the counterclockwise direction, visible to the naked eye on strong examples and easily confirmed with a 5× loupe. The obverse shows secondary images on the letters of LIBERTY in the headband and on UNI of UNITED STATES. Several progressive die cracks also appear, running from the rim at 9 o'clock, 8 o'clock, 4 o'clock, and 1 o'clock positions through the wreath.
Collector demand for this variety is high because the doubling is dramatic and visible at low magnification — it's not a subtle "shelf doubling" that requires expert examination. Greysheet lists the DDO FS-101 at $100–$2,000 in BN grades and up to $4,400 in MS RD, a significant premium over the regular issue at any grade level. Certified examples in the XF–AU range routinely bring $300–$600 at auction.
Only 2,960 proof 1887 Indian Head Pennies were struck at Philadelphia, making them scarce but not as rare as some earlier proof issues in the series. Proof coins were produced using specially polished dies and highly polished planchets, struck twice at slow speed under greater press pressure to bring up the sharpest possible detail. The result is a coin with glass-like mirror fields and often a frosty, cameo-like appearance on the raised design elements.
Identification is relatively straightforward compared to business-strike varieties. Look for completely squared, sharp rims that are entirely parallel to the fields, mirror-like reflective surfaces in the open areas of the design, and a quality of strike that is crisper than any business-strike coin of the same date. Proof coins were never intended for circulation and retain their design sharpness entirely — any wear at all is considered damage on a proof.
The color designation system (BN, RB, RD) applies to proof coins just as it does to business strikes, and it drives significant value differences at the gem level. A PF-63 BN example retails for roughly $300–$400, while a PF-65 RD proof is worth $1,000 or more. The proof 1887 cent is sought by both date collectors assembling Indian Head cent sets and type collectors building 19th-century proof sets.
A cud error forms when a fragment of the working die literally breaks off during striking. The missing die area means planchet metal, pushed by the remaining die, flows into the void and creates a raised, featureless blob at that position on the coin. At least seven distinct cud varieties have been catalogued for the 1887 Indian Head cent (designated CUD-001 through CUD-007), with positions ranging from 1 o'clock to 5 o'clock on the obverse rim. No two cuds are identical in shape or position.
Identifying a cud is visually simple: look for a section of the rim where the normal design (lettering or portrait detail) has been replaced by a raised, shapeless mass of metal. The area will have no sharp design detail — just smooth or rough raised copper. The size and location of the cud matter to collectors: larger cuds in more visually prominent positions command higher premiums. CUD-001 (a large cud from 2:30 to 5:00) is one of the most dramatic catalogued examples.
Because cud errors are definitively struck errors rather than post-mint damage, they are highly sought by error collectors. Value depends primarily on cud size and condition grade. In worn grades, smaller cuds add $25–$75 over the base coin value; larger examples in circulated grades can bring $100–$300. Gem uncirculated cud examples are rare and command the strongest premiums, with some selling above $500.
The 1887 MPD-001, cross-referenced as Snow-5 in the Indian Head cent reference, is a misplaced date variety. Misplaced dates occur when a date-punching tool was applied to a working die at an incorrect position before being corrected. The initial mis-punch leaves a partial or complete extra digit impression in the die, which then appears as an extra, secondary numeral on every coin struck from that die. On the 1887 MPD-001, extra digit fragments are visible near the date area, typically in the denticles or in the field just below or beside the primary date numerals.
Spotting a misplaced date requires careful examination of the area immediately surrounding and below the date numerals. Under a 10× loupe, look for any partial digit shapes — curved lines, serifs, or angular segments — that do not belong to the primary date. On the 1887 MPD-001, the misplacement is subtle enough that many examples pass through dealer hands unnoticed, making confirmed specimens undervalued relative to their true rarity. The Snow-5 designation provides a cross-reference for collectors and dealers using the Snow reference.
The MPD-001 variety is catalogued with a rarity of approximately URS-9 (meaning an estimated 100–200 known specimens), though this is likely an undercount since many unexamined coins may carry the variety. Collector premiums are modest in worn grades but grow meaningfully in uncirculated examples where the fine detail near the date is fully preserved. The combination of underappreciation and genuine scarcity makes this a genuine "hidden gem" in the 1887 date.
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| Issue | Mint | Mintage | Notes |
|---|---|---|---|
| 1887 Business Strike | Philadelphia (P) | 45,223,523 | Common in circulated grades; scarce in gem red |
| 1887 Proof | Philadelphia (P) | 2,960 | Sold directly to collectors; never circulated |
| Total 1887 Production | 45,226,483 | Philadelphia Mint only | |
Condition is the single largest factor in the value of any 1887 cent. Use this grading guide to assign a preliminary grade before consulting a dealer or submitting for certification.
The Indian portrait is mostly an outline with very little interior detail. LIBERTY in the headband may be missing entirely or show only one or two letters. Feather tips and headdress ribbons are flat and merged. Date is readable. Value: $3–$7.
At Fine (F-12), at least three letters of LIBERTY are readable in the headband. Feather tips show wear but maintain shape. At EF-40, all design elements are bold with only slight flattening on the cheek and highest feather tips. At AU-58, luster survives in protected areas. Value: $7–$55.
No flattening or smoothing anywhere on the design. Luster radiates in unbroken bands from rim to rim when tilted under light. However, contact marks (bag marks) may be numerous and visible without magnification. Color is typically BN or RB. Value: $73–$155 (BN/RB).
Only scattered, minor contact marks visible. For MS65+, marks must be very light and largely invisible to the naked eye. Full, vibrant luster throughout. RD (red) designation requires 95%+ original copper color. Gem RD examples are genuinely scarce and command premium prices. Value: $255–$51,750 (BN to top RD).
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The best venue depends on your coin's grade, variety, and how quickly you need to sell. Here are the four primary options for 1887 Indian Head cent sellers.
Best for gem MS65+ red coins, certified DDO FS-101 examples, and high-grade proofs. Heritage consistently achieves record prices for top-tier Indian Head cents and has the broadest buyer pool for rare coins. They set the $51,750 record for this date. Expect 15–20% buyer's premium on the hammer price, but maximum realized value for exceptional material.
Ideal for circulated examples in G–AU grades and lower-tier error coins. The active collector market on eBay means fair prices for common 1887 cents and DDO examples in lower grades. Review recently sold prices for 1887 Indian Head pennies to calibrate your asking price before listing. "Sold" listings — not "Buy It Now" asking prices — show what buyers actually paid.
Fast and convenient for circulated examples. Expect to receive roughly 50–70% of retail value — dealers need margin to resell. Bring multiple coins if you have them; dealers appreciate volume. Most useful for getting a physical examination and an honest assessment of grade before deciding whether to submit for certification or sell outright.
Growing marketplace with collector-to-collector pricing that often exceeds local shop offers. The community is knowledgeable about Indian Head cent varieties and will give you honest variety identification feedback for free. Best for coins in the $10–$200 range where Heritage auction fees would consume too much of the realized value.
Any 1887 cent you believe is uncirculated (MS grade), a DDO FS-101, or a proof should be submitted to PCGS or NGC for certification before selling. Certified coins in holders command significantly higher prices than "raw" (ungraded) examples because buyers trust the third-party grade. Submission costs $20–$50 per coin at the standard service level — a worthwhile investment when the difference between a raw and certified sale can be $100–$500+.
A circulated 1887 Indian Head Penny in Good (G-4) condition is worth roughly $3–$5. In Fine condition expect $7–$12, and in Extremely Fine (EF-40) around $23–$30. The 1887 had a large mintage of over 45 million coins, so circulated examples are common. Condition and surface quality are the main drivers of value.
Uncirculated 1887 Indian Head Pennies start at roughly $73–$125 in MS60–MS62 BN. MS63–MS64 grades bring $144–$255. Gem MS65 examples can reach $1,000 or more, and rare MS66+ Red coins have sold well above $5,000. The highest recorded sale is $51,750 for an MS67 RD specimen sold at Heritage Auctions in July 2008.
The 1887 DDO FS-101 (also called Snow-1) is a dramatic doubled die obverse error. It shows strong Class V pivot-hub doubling visible as a counterclockwise spread on AMERICA and OF on the reverse legend, with additional doubling on LIBERTY in the headband. It is listed in the CONECA and PCGS registries as FS-101 and commands a significant premium, even in worn grades.
Look for a pronounced counterclockwise spread on the reverse legend AMERICA and OF. On the obverse, doubling is visible on the letters of LIBERTY and UNI of UNITED STATES. The doubling is a Class V pivot type, meaning the spread increases with distance from the pivot point near 9 o'clock. A 5× to 10× loupe makes identification straightforward even on worn examples.
The Philadelphia Mint produced approximately 45,223,523 business-strike 1887 Indian Head Pennies. An additional 2,960 proof specimens were struck for collectors. Because only Philadelphia produced the coin in 1887 (no branch mints), there are no mint marks on this issue. The large business-strike mintage makes this date relatively common in circulated grades.
The all-time auction record for a 1887 Indian Head Penny is $51,750, achieved by an MS67 RD example sold at Heritage Auctions in July 2008 (lot 1534). A second example of the same grade sold for $34,500 at Heritage in April 2009 and another brought $31,200 at Heritage in August 2019. These top-end prices require a full red coin in nearly perfect condition.
These color designations apply to uncirculated bronze coins. RD (Red) means the coin retains 95% or more of its original bright copper luster — the most desirable and valuable designation. RB (Red-Brown) indicates 5–95% original red color mixed with natural toning. BN (Brown) means the coin has toned fully but with no wear — still uncirculated but the least valuable of the three color categories.
Yes. Only 2,960 proof 1887 Indian Head Pennies were struck. In PF-60 condition they typically sell for around $150, while PF-63 examples can reach $300–$400. Higher-grade proofs in PF-65 RD can command $1,000 or more. Proof coins were sold directly to collectors and were never intended for circulation, making them desirable to type and date collectors alike.
A cud error occurs when a piece of the working die breaks away, leaving a raised, blob-like area on the coin where the design is missing. At least seven distinct cud varieties have been catalogued for the 1887 Indian Head cent, with positions ranging from 1 o'clock to 5 o'clock on the rim. Cud errors are sought by error collectors and can add a meaningful premium depending on size and placement.
The 1887 Indian Head Penny is composed of 95% copper with 5% tin and zinc (bronze). It weighs 3.11 grams and measures 19 millimeters in diameter. The obverse design was created by James Barton Longacre, featuring a Native American-inspired portrait with a feathered headdress. The reverse shows a wreath encircling ONE CENT with a small federal shield at the top.
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