How much is an 1863 Indian Head Penny worth?

Assuming the coin is circulated, the 1863 Indian Head cent is the highest mintage for that decade. For an accurate assessment of value the coin needs to be seen and graded. Most coins of this year have seen heavy use and show a lot of wear. In general retail values for low grade coins are $8.00-$11.00, better grade are $16.00-$26.00 and coins showing almost no wear run from $58.00-$78.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched or have been cleaned have far less value if any to a collector or dealer