What is the value of an 1889 Indian Head penny?

An Indian Head penny from 1889 to 1899, in circulated condition, is worth about a dollar.

An 1889 Indian Head Penny in choice brilliant proof, with gem mirror-like red surfaces - the 31st nicest graded of over 70 specimens graded by NCGS recently sold for $2,800 in 2009.

The market value of most old US Coins increases exponentially when approaching grade MS63 and continuing through Choice proof.