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1908 S Indian Head Valuation

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United States
130 Posts
 Posted 01/11/2025  1:09 pm Show Profile   Bookmark this topic Add Jimbo48 to your friends list Get a Link to this Message Number of Subscribers
I have a question about why the 1908 S Indian Head cent has less value then other low mintage Indian Head cents. Only 1.1 million 1908 S coins were minted and a VF 20 grade values at $ 165 according to the 2025 Red Book. On the other hand, 1869 minted 6.4 million, 1871 minted 3.9 million and 1872 minted 4 million and all in VF 20 are valued at over $300. Generally, low coin mintage
increases value unless there is an overdate or clash. Any ideas why the 1908 S is undervalued in my opinion?


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Coinfrog's Avatar
United States
94367 Posts
 Posted 01/11/2025  1:18 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
The simple answer is that more of them were saved. It was the first mint-marked cent, and it was also known that the Indian Head cent series would end soon.
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robbudo's Avatar
United States
2745 Posts
 Posted 01/11/2025  7:32 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
The 1908-S is a very affordable key date. There are a lot of marks in the field on your coin - if someone is hunting for a 1908-S, the cost difference between one like yours and a more attractive one is a pretty low amount.
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BH1964's Avatar
United States
10921 Posts
 Posted 01/11/2025  9:08 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Like Coinfrog said, it's about survival not mintage. Mintage figures only tell part of the story. This 1908-S looks borderline damaged but the images aren't good enough to tell. I'd value it closer to $65 than $165.
ANA #R3154474
Valued Member
United States
130 Posts
 Posted 01/12/2025  10:50 pm  Show Profile   Bookmark this reply Add Jimbo48 to your friends list Get a Link to this Reply
Thanks for your comments. I guess more collectors were around in 1908 then in the early 1870's. Today, collectors are greater then ever, thus more coins are preserved today.
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