Pennies › Penny value chart › 1864

1864 Indian Head Penny Value

When worn, a copper 1864 penny is typically worth about $6.00 and a copper-nickel 1864 penny about $41.00. Worth looking for: the 1864 Indian Head Penny, L on ribbon (about $83.00 when worn).

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Every 1864 penny

Worn = typical value when worn (Good to Very Fine); MS-60 = uncirculated. Values as of Q4 2026 · Penny Value estimates · not an offer to buy.

• 1864 bronze no L

  Philadelphia · Part of the 39,233,714 bronze 1864 cents; the L and no-L split isn't published.

  $6.00worn

  $170MS-60
• 1864 copper-nickel

  Philadelphia · 13.7 million made

  $41.00worn

  $190MS-60
• 1864 L on ribbon

  Philadelphia · Part of the 39,233,714 bronze 1864 cents (the L was added late in the year); not counted separately.

  Key date

  $83.00worn

  $450MS-60
• 1864 Proof

  Philadelphia · Proof · 370 made

  Proof

  $1,800proof
• 1864 Proof

  Philadelphia · Proof · 150 made

  Proof

  $200proof

The 2 proof pennies listed here were sold to collectors in sets, so you won't normally find them in change.

Looking for the 1864 two-cent piece? That is a different coin; this page covers one-cent pennies.

How to tell them apart

• Bronze 1864 with a tiny L (for Longacre) on the ribbon behind the neck: 1864 L on ribbon
• The L wears away fast; the bust tip is pointed on L coins: 1864 L on ribbon

Mint marks

All 1864 pennies made for circulation were struck in Philadelphia and have no mint mark.

Questions

How much is an 1864 Indian Head penny worth?

When worn, a copper 1864 penny is typically worth about $6.00 and a copper-nickel 1864 penny about $41.00. Worth looking for: the 1864 Indian Head Penny, L on ribbon (about $83.00 when worn). These are Penny Value estimates as of Q4 2026, for information only.

Which 1864 pennies are worth the most?

Among 1864 pennies made for circulation: the 1864 Indian Head Penny, L on ribbon (about $83.00 when worn). Valuable pennies are often faked or altered, so check the signs first. Grading costs about $30–$70, so it usually pays only for coins worth more than about $150.

Where is the mint mark on an 1864 penny?

All 1864 pennies made for circulation were struck in Philadelphia and have no mint mark.

Is an 1864 penny copper?

1864 pennies were made in more than one metal: bronze (95% copper, 5% tin and zinc; about 3.11 g) and copper-nickel (88% copper, 12% nickel; about 4.67 g). None contain silver. Weigh yours on a 0.01 g scale to tell them apart.

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Every Indian Head Cent (bronze) · Every Indian Head Cent (copper-nickel)