How much is an 1903 Indian head penny worth?

Assuming the coin is circulated, the 1903 Indian Head cent is a common date coin. For an accurate assessment of value the coin needs to be seen and graded. Most coins show a lot of wear. In general retail values for low grade coins are $1.00-$2.00, better grade are $3.00-$9.00 and coins showing almost no wear run from $20.00-$24.00. 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