1903 Indian Head Cent
Circulation strike struck at the Philadelphia Mint · 85,092,703 made
- Mintage
- 85,092,703
- Metal
- 95% copper, 5% tin and zinc
- Weight
- 3.11 g
- Diameter
- 19 mm
Original illustration. Tap to flip. Not a photograph of the actual coin.
Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is a 1903 Indian Head Cent worth?
Age alone gives this coin a small premium, even worn. Sharp details and original surfaces push it higher.
What would make yours worth more:
- Uncirculated condition with full original luster
- Full red copper color (labeled RD) rather than brown
- A die variety or minting error
For market prices, check recent sold results for certified coins in the same grade.
Quick answers
- Is the 1903 Indian Head Cent rare?
- No. With 85 million made, it's one of the most common Indian Head Cents.
- Where is the mint mark on a 1903 Indian Head Cent?
- No mint mark. Philadelphia struck every Indian cent until 1908.
- Which Philadelphia dates near 1903 are scarcer?
- The 1908 at 32,326,317, the 1898 at 49,821,284, the 1899 at 53,598,000, plus 4 more. So the 1903 is one of the easier dates of its stretch.
- How many 1903 Indian Head Cent coins were made?
- 85,092,703.
What to check on your 1903
- There's no mint mark on this one, so the date and condition are what matter.
- Proof or circulation strike? A proof has mirror-like fields and frosted design details and was sold to collectors, not released in change. The 1903 Indian Head Cent Proof (1,790 made) is the one to compare with.
- Judge the grade under good light. In Very Fine, all five letters of LIBERTY on the headband are visible; collectors also look at the feather tips and the "diamonds" on the ribbon. Color is graded too: Red (RD), Red-Brown (RB) and Brown (BN).
The story of the 1903
Philadelphia made 85,092,703 in 1903, about the same as the year before. In 1904 the figure was 61 million.
No other mint struck it for circulation that year, so every 1903 you find is from Philadelphia.
Across Philadelphia's 52 Indian Head Cent issues, the hardest to find is the 1877 with 852,500 made. The 1903 is one of the easier ones. Within the 1900s it's 9th smallest of 12, between the 1905 (81 million) and the 1902 (87 million).
Record output and the San Francisco keys (1900 to 1909)
Cent production soared in the new century, from 66 million in 1900 to a series high of 108 million in 1907, driven by streetcar fares, penny candy and new vending machines. For the first time the cent was struck outside Philadelphia: San Francisco made 1.1 million cents in 1908, with an S mint mark below the wreath on the reverse.
The 1909-S, with only 309,000 coined before the Lincoln cent arrived in August 1909, is the second key of the series after the 1877. Both S dates have been faked by adding a mint mark to a Philadelphia coin, so experts check the shape and position of the S. Philadelphia made 14.4 million cents in 1909 before the change. Survivors from this decade are plentiful. Many uncirculated coins show red and brown or fully brown color.
How to recognize it
Liberty wears a feathered headdress with LIBERTY on the band, surrounded by UNITED STATES OF AMERICA with the date below. The 1859 reverse is a laurel wreath around ONE CENT; from 1860 an oak wreath with a small shield at the top was used. Coins from 1864 on are bronze and from partway through 1864 they show the designer's initial L on the ribbon behind Liberty's neck. Mint marks (only S, 1908 and 1909) are below the wreath on the reverse.
Mintage chart
Specifications
| Series | Indian Head Cent (1859–1909) |
|---|---|
| Year | 1903 |
| Mint | Philadelphia Mint |
| Mint mark | None |
| Strike type | Circulation strike |
| Mintage | 85,092,703 |
| Face value | 1¢ |
| Composition | 95% copper, 5% tin and zinc (bronze) |
| Weight | 3.11 grams |
| Diameter | 19 mm |
| Edge | Plain |
| Designer | James B. Longacre |
Other 1903 Indian Head Cent issues
| Coin | Mintage | Type | Silver |
|---|---|---|---|
| 1903 Indian Head Cent | 85,092,703 | Circulation strike | – |
| 1903 Indian Head Cent Proof | 1,790 | Proof | – |
Mintage: United States cent mintage figures (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.