1907 Penny
The British pre-decimal penny coin, abbreviated as 1d (from 'denarius' - the Roman coin from which the penny is directly descended), was a unit of currency that equalled one two-hundred-and-fortieth of a pound sterling (there were 20 shillings to a pound, and 12 pence to a shilling so one pound was equal to 240 pence).
These are old Indian head pennies worth money. We look at the 1907 Indian head penny values and other valuable coins to look for. These are Indian head penny. Like the 1943-D Lincoln Bronze Penny, this penny was mistakenly minted in bronze. While other of these bronze coins were produced at this mint, this coin is the only certified 'red' penny of this year to be coined at the Philadelphia Mint. (Coins minted in Philadelphia have no mint mark.) It sold in a private sale in Tampa, Florida, in 2018. Penny: Shop Now! $ 1875: Penny: 10,691,000 Shop Now! $ 1875 Small date Penny: Shop Now! $ Year/Mint: Denom: Mintage $ 1875 Large date Penny: Shop Now!
The denomination continues the tradition of earlier penny coins of Great Britain, which also featured the figure of Britannia. The bronze coins of these specifications replaced the larger copper pennies which were issued until 1860. The new, more durable, alloy was composed of 95 parts of copper, four of tin and one of zinc. Between 1860 and 1895, the penny had the third Britannia design on the reverse, and Queen Victoria's 'Bun Head' effigy. In 1895, the reverse was updated to this fourth Britannia design - which is a simplified version of the earlier design by Leonard Charles Wyon, and the obverse to the Queen's 'Veiled Head' portrait. Unlike the smaller denominations, which were redesigned for the new coinage of King George VI in 1937 (see the Ship Halfpenny and the Wren Farthing), the penny did not get a new design and retained the classic Britannia reverse until the end.
During the reign of King George V, the mint had issues with the monarch's portrait by Sir Bertram Mackennal. Many of the bronze blanks used for the coins were produced by private firms in Birmingham. A great deal of difficulty was encountered in striking coins of this design. The high relief portrait caused a displacement of metal, called 'ghosting', that showed through on the reverse side as an incuse outline of the head. A new bronze alloy was adopted in 1923 in an effort to remedy the situation. It consisted of 95.5 per cent copper, 3 per cent tin and 1.5 per cent zinc. This alloy has a more golden tint than the former one. It lessened the hardness, enabling the coins to be more easily struck and lengthened the life of the dies. During 1925 the features of the design were slightly modified to further help eliminate the 'ghosting', but this fault was not fully corrected until 1928 when a new design, with a smaller head, was introduced. The coins with the modified effigy from late 1925 and thereafter all have the designer’s initials in small letters without periods.
One penny coins issued in 1907 remained in circulation for 64 years until 'Decimal Day', 15 February 1971 when the old currency was demonetised and the decimal Pound Sterling was introduced, with a new decimal penny replacing these old coins.
Liberty Head 'V' Nickel
What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.):
| 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) |
|---|---|---|---|---|---|---|---|---|
| $1.90 | $2.42 | $4.60 | $14 | $33 | $63 | $79 | $134 | $271 |
USA Coin Book Estimated Value of 1907 Liberty Nickel is Worth $2.42 in Average Condition and can be Worth $79 to $134 or more in Uncirculated (MS+) Mint Condition. Proof Coins can be Worth $271 or more. 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: $0.0524
1907 Penny Value
57 items found
- Seller: HarrysStuff
Condition: VF20 - The coin shown in the photos is the exact coin you'll receive.Seller: upnorthcoins
Condition: G-4 - Seller: VintageGuitarist
- Seller: VintageGuitarist
- The coin shown in the photos is the exact coin you'll receive.Seller: upnorthcoins
Condition: G-4 - $1.00
- $2.00
- The coin shown in the photos is the exact coin you'll receive.Seller: upnorthcoins
Condition: G-4 - Seller: UpFront2
Certification Agency: Other
Condition: The coin pictured is the coin you will recieve. - Nice Full Detailed Coin Grading Extra Fine+ With Toned ReverseSeller: PasCoinCollection
Condition: XF+ - $1.99
Free Shipping - $6.00Seller: TaddsCoins
Certification Agency: Other
Certification Number: RAW
Condition: F-15 - Seller: fiveocoinco
Condition: vg+ - I have never and will never clean my coins. Every coin is as I received it.Seller: Wizardman
Condition: AG - Stained - I have never and will never clean my coins. Every coin is as I received it.Seller: Wizardman
Condition: AG - I have never and will never clean my coins. Every coin is as I received it.Seller: Wizardman
Condition: AG - I have never and will never clean my coins. Every coin is as I received it.Seller: Wizardman
Condition: G - I have never and will never clean my coins. Every coin is as I received it.Seller: Wizardman
Condition: G - I have never and will never clean my coins. Every coin is as I received it.Seller: Wizardman
Condition: AG - Scored RIm - I have never and will never clean my coins. Every coin is as I received it.Seller: Wizardman
Condition: AG - Scored RIm - I have never and will never clean my coins. Every coin is as I received it.Seller: Wizardman
Condition: AG - I have never and will never clean my coins. Every coin is as I received it.Seller: Wizardman
Condition: AG - Seller: villagecoins
Condition: G - Seller: villagecoins
Condition: G - Seller: whcwa
Condition: Circulated