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1909-S Indian Head penny value guide -- the final key date of the series, real mintage, and grade-by-grade prices.
The final-year key date of the entire series -- lowest mintage San Francisco Indian Head cent at just 309,000, and the last Indian Head cent struck before the Lincoln cent replaced it later that same year.
Genuinely scarcer by mintage than the more famous 1909-S VDB Lincoln cent that succeeded it (which had 484,000 struck) -- but carries less mainstream name recognition, so it's sometimes underpriced relative to its actual rarity.
Live listings matching the 1909-S Indian Head Penny
Other dates and varieties in this series
Condition drives price more than any other factor on a coin like this — two examples of the same date can be worth very different amounts depending on wear and authentication.
The value table above is organized by grade for a reason — a coin's condition, not just its date, sets where it lands on that range. If you're not sure how to grade, a seller's photos and description should call it out.
A professionally graded (PCGS/NGC) example carries more certainty than a raw coin, and usually a small premium for it. Both are fine to buy — just factor grading into the price you're comparing.
Prices vary between individual sellers here, not one retailer's price list. Sort by price, check the seller's Metal Points and order history, and message the seller if photos don't show enough detail to grade confidently.
About the 1909-S Indian Head Penny
Value depends heavily on condition. A well-worn example brings closer to $376, while an uncirculated one can reach $1,599 or more.
The final-year key date of the entire series -- lowest mintage San Francisco Indian Head cent at just 309,000, and the last Indian Head cent struck before the Lincoln cent replaced it later that same year.
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.
List it free on PeerMetals — flat 2.75% seller fee, zero listing fees, 1–3 day payouts.
