1883 Indian Head Cent Penny Value is $3 in good and increases with grade and condition. Expect damaged or cleaned coins to trade for less. Values can attain $37 or better for coins that grade almost uncirculated (AU) and even more in mint state (MS).
1883 Indian Head Cent Penny values are also determined by three grade conditions when the coins are in mint state grades. These designations are as follow: Red (RD) and this is the most well preserved and valuable condition, Red Brown (RB) is next and Brown (BN) is the least in value. Colors can vary based on the grading service that encapsulates the coin and coins can tone in the grading service holders. See illustration below.