USA Coin Book Estimated Value of 1907 Indian Head Penny is Worth $3.14 in Average Condition and can be Worth $40 to $60 or more in Uncirculated (MS) Mint Condition. Proof Coins can be Worth $152 or more. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coins Metal is Worth. 1907 ONE PENNY - 1d KING EDWARD VII RARE COIN THIS IS A ONE PENNY, THAT HAS BEEN CIRCULATED. IT HAS A LEGAL TENDER VALUE OF A 1 d. The coin will be supplied in USED condition. The Photo is of the ACTUAL coin you will receive. VERY COLLECTABLE. POSTAGE CAN BE COMBINED ON MY ITEMS, CONTACT ME TO SORT OUT THE CORRECT PRICE FOR YOU. . 1907 Indian Head Cent Penny Value. 1907 Indian Head Cent Penny Value is worth $1 in G4 (Good) grade and can be worth up to $32 in MS60 (Mint State). Coins that are not graded or certified by PCGS, NGC, ANACS or ICG will often sell for less than listed price.