What is an 1889 penny worth?

Assuming the coin is circulated, the 1889 Indian Head cent is a common date coin and most show a lot of wear. For an accurate assessment of value the coin needs to be seen and graded. In general retail values for low grade coins are $1.00-3.00, better grade are $7.00-$10.00 and coins showing almost no wear run from $20.00-$31.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelery or have been cleaned have far less value if any to a collector or dealer.