Menu
Welcome to PeerMetals
Shop
HomeMarketplaceSpot DealsAuctionsLive ShoppingSocial FeedCalculators & Tools
My Activity
Cart
My Account
Become a Seller
Support
Help CenterContact

Copyright © PeerMetals 2026

1908-S Indian Head Penny obverse
1908-S Indian Head Penny reverse
obverse · reverse inset
Indian Head Penny· 1859–1909#3 lowest mintage of 6 key dates

1908-S Indian Head Penny Value

1908-S Indian Head penny value guide -- the first mint-marked Indian Head cent, and grade-by-grade prices.

Worn to gem uncirculated
$123to$556

Condition drives the price — full breakdown below.

Year
1908
Mint
S · San Francisco
Composition
95% copper, 5% tin and zinc
Mintage
1,115,000
Shop 2 live listingsSell yours
Buyer protection
Funds released after delivery
Rated sellers
Metal Points earned on delivered orders
Make an offer
Negotiate directly with sellers
Insured shipping
Tracked, with combined shipping

Value by condition

GradeEstimated value
Good$123
Very Good$132
Fine$163
Very Fine$186
Extra Fine$249
About Unc.$313
Unc. (MS-60)$376
Choice Unc. (MS-63)$556
Priced fromUSA Coin BookRetrieved Aug 21, 2026

How rare is it?

1,115,000 struck — against the other key dates in the Indian Head Penny series.

1909-S309,000
1877852,500
1908-S1,115,000
187311,676,500
185936,400,000
190066,831,502

Bars are scaled to keep the smallest mintages visible; the exact figure is printed on every row. Mintage is coins struck, not coins surviving — melting and circulation wear thin those numbers further.

Why it matters

01

The first Indian Head cent ever struck with a mint mark -- San Francisco -- after nearly 50 years of Philadelphia-only production.

02

A meaningful key-date-adjacent issue at just 1,115,000 struck, valuable across every grade.

Shop this exact date

Live listings matching the 1908-S Indian Head Penny

View all

More Indian Head Penny listings

Other dates and varieties in this series

View all

Buying a 1908-S Indian Head Penny

What to check before you pay, specific to this date and its 1,115,000-coin mintage.

  1. Read the grade before the price

    The same date runs from about $123 worn to $556 at the top of the scale — a 5× spread. Nearly all of that gap is condition, not the date on the coin, so work out where an example sits on the table above before deciding whether its asking price is fair.

  2. Look hard at the S mint mark

    Every figure on this page depends on that S. The same year from another mint is a far more common coin, which is exactly why added and altered mint marks are the usual way this date gets faked. Ask for a close-up of the mark itself — a listing title claiming it is not evidence.

  3. At this price, buy it certified

    A PCGS or NGC holder settles authenticity and grade in one go, which is most of what you're actually paying for at this level. The premium it adds is small next to the cost of being wrong about either.

  4. Compare sellers, not price guides

    Every Indian Head Penny listed here is priced by an individual seller, so the same coin in the same grade can differ by a wide margin on any given day. Sort by price, check Metal Points and order history for a sense of the seller's record, and message them if the photos don't show enough to grade confidently.

Common questions

About the 1908-S Indian Head Penny

How much is a 1908-S Indian Head Penny worth?

Value depends heavily on condition. A well-worn example brings closer to $123, while an uncirculated one can reach $556 or more.

What makes the 1908-S Indian Head Penny valuable?

The first Indian Head cent ever struck with a mint mark -- San Francisco -- after nearly 50 years of Philadelphia-only production.

Should I get it professionally graded?

For anything you believe is a key date or an error, professional grading protects both buyer and seller by settling condition and authenticity before money changes hands.

Other Indian Head Penny key dates

The rest of the series, with what each is worth at the top of the grade scale.


Explore

Have a coin like this?

List it free on PeerMetals — flat 2.75% seller fee, zero listing fees, 1–3 day payouts.