Check again. The last year for Indian-head pennies was 1909.
Assuming you mean a U.S. Indian Head cent and not a British penny, 1900 is a common date for Indian Head Cents. In average circulated condition it's worth $1.00-$3.00.
The price is absolutely nothing. It is absolutely worthless because it is a fake. We know it is a fake because Indian Head pennies weren't created until 1859, 40 years later. An 1819 large penny (Not Indian Head) could be worth $20 to $60, depending on the amount of wear.
Some very high grade 1867 Indian Head cents have sold for well over $2,000.00 but it depends on the color and grade of the coin. Current market value for a Red 1867 Indian Head cent graded as MS-65 is about $8,000.00
The head of a penny is obviously the queens head, and the tail is that thing on the other side of the penny.
The two rarest Indian Head pennies are the 1877 and the 1909-S.
There was never a silver Indian Head penny.
The Indian Head penny was not minted until 1859.
The diameter is 19mm same as Lincoln cents.
The coin you have described sounds like a novelity coin and has no value other than the materials it is made from.
What is the current value for a 1901uncirculated indian head penny.
1874 Indian Head Penny: good condition-$13.00, mint condition-$155.00
what is the value of a Indian head penny in excellent condition
Indian Head cents were made from 1859 to 1909.
Indian Head cents were first minted in 1859.
A 1905 Indian Head is a specific type of collectible Indian penny that has proven to gain value as the years pass. The value of these coins will vary depending on its condition.
It is worth $1.00. Check on (about.com)Indian head penny