The value of a 1904 Indian Head cent is not fixed but depends on several factors, primarily its condition (graded from “Poor” to “Uncirculated”) and the presence of any mint marks. For example, a heavily worn example might be worth a few dollars, while an uncirculated specimen with a rare mint mark could be valued at hundreds or even thousands of dollars. Numismatic catalogs and online resources provide detailed pricing information based on these variables.
Understanding the factors affecting the value of these historic coins is essential for both collectors and individuals who may have inherited or discovered them. The 1904 Indian Head cent represents a specific period in American history and its value reflects not only its metallic content but also its historical significance and rarity within the broader context of numismatics. Accurate valuation facilitates informed decisions regarding buying, selling, insuring, or preserving these pieces of American heritage.