Price Guide for 1898 Cent Variants

This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.

1898 Penny, BN (Regular Strike)
  • 3rd Party Price
    Circulated: $7.00 – $1,495.00
    Uncirculated: $16.00 – $381.88
  • eBay
    Circulated: $4.26 – $235.00
    Uncirculated: $17.80 – $999.95
  • PCGS Price Guide
    Circulated: $6.00 – $65.00
    Uncirculated: $67.00 – $425.00
1898 Penny, RB (Regular Strike)
  • 3rd Party Price
    Circulated: $89.00
    Uncirculated: $29.00 – $1,200.00
  • eBay
    Circulated: $16.50 – $51.00
    Uncirculated: $41.00 – $525.00
  • PCGS Price Guide
    Uncirculated: $70.00 – $2,350.00
1898 Penny, RB (Proof)
  • 3rd Party Price
    Circulated: $747.00
    Uncirculated: $1.85 – $4,025.00
  • eBay
    Uncirculated: $175.00 – $1,775.00
  • PCGS Price Guide
    Uncirculated: $160.00 – $6,500.00
1898 Penny, BN (Proof)
  • 3rd Party Price
    Uncirculated: $60.00 – $4,600.00
  • eBay
    Uncirculated: $103.50 – $2,099.95
  • PCGS Price Guide
    Uncirculated: $130.00 – $2,400.00
1898 Penny (Regular Strike)
  • eBay
    Circulated: $4.25
    Uncirculated: $103.24 – $360.00
1898 Penny, RD (Regular Strike)
  • 3rd Party Price
    Uncirculated: $36.00 – $26,450.00
  • eBay
    Uncirculated: $134.00 – $4,850.00
  • PCGS Price Guide
    Uncirculated: $75.00 – $25,000.00
1898 Penny MPD FS-401 S-12 (011.65), BN (Regular Strike)
  • 3rd Party Price
    Circulated: $798.00
  • PCGS Price Guide
    Circulated: $31.00 – $150.00
    Uncirculated: $180.00 – $285.00
1898 Penny MPD FS-401 S-12, RB (Regular Strike)
  • eBay
    Uncirculated: $525.00
  • PCGS Price Guide
    Uncirculated: $195.00 – $300.00
1898 Penny MPD FS-401 S-12, RD (Regular Strike)
  • 3rd Party Price
    Uncirculated: $121.00 – $129.00
1898 Penny MPD FS-402 S-5, BN (Regular Strike)
  • 3rd Party Price
    Circulated: $18.00 – $198.00
  • eBay
    Circulated: $87.00 – $91.00
    Uncirculated: $197.39
  • PCGS Price Guide
    Circulated: $31.00 – $162.00
    Uncirculated: $165.00 – $350.00
1898 Penny MPD FS-402 S-5 (011.66), RB (Regular Strike)
  • 3rd Party Price
    Uncirculated: $129.25
  • eBay
    Uncirculated: $250.00
  • PCGS Price Guide
    Uncirculated: $180.00 – $400.00
1898 Penny MPD FS-402 S-5 (011.66), RD (Regular Strike)
  • 3rd Party Price
    Uncirculated: $705.00 – $1,997.50
  • eBay
    Uncirculated: $579.00
  • PCGS Price Guide
    Uncirculated: $285.00 – $2,650.00
1898 Penny, RD (Proof)
  • 3rd Party Price
    Uncirculated: $288.00 – $15,600.00
  • eBay
    Uncirculated: $382.89 – $1,100.00
  • PCGS Price Guide
    Uncirculated: $175.00 – $17,500.00
1898 Penny, CAM (Proof)
  • 3rd Party Price
    Uncirculated: $805.00 – $36,000.00
  • eBay
    Uncirculated: $1,999.00
  • PCGS Price Guide
    Uncirculated: $185.00 – $25,000.00
1898 Penny, DCAM (Proof)
  • 3rd Party Price
    Uncirculated: $8,400.00
  • PCGS Price Guide
    Uncirculated: $200.00 – $11,500.00

Design and Specifications of the 1898 Cent

The 1898 Indian Head Cent is part of the long-running Indian Head cent series, which was minted from 1859 to 1909. This coin was produced during a period of economic recovery following the Panic of 1893, reflecting the nation’s gradual return to prosperity. The Indian Head design, created by James Barton Longacre, was widely popular and remained in circulation well into the 20th century.

Weight 3.11 grams
Diameter 19.05 mm
Mint Marks None (Philadelphia)
Composition 95% copper, 5% tin and zinc
Obverse Design Indian Head, designed by James Barton Longacre
Reverse Design Oak wreath and shield, designed by James Barton Longacre

Rarity Factors and Value Drivers

Condition plays a crucial role in determining the value of an 1898 Indian Head Cent. While the coin is relatively common in circulated grades, specimens in uncirculated condition become increasingly scarce and valuable. Coins graded MS63 or higher command significant premiums.

Key factors affecting condition include:

1. Strike quality: Well-struck coins with full details are more desirable.
2. Luster: Original mint luster adds to the coin’s appeal and value.
3. Surface preservation: Minimal contact marks or blemishes enhance desirability.
4. Color: Original red or red-brown toning is preferred over fully brown specimens.

Philadelphia, No Mint Mark

Mintage: 49,823,079

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Scarce in grades MS65 and above

Varieties Errors: None significant

Market Demand: Moderate, with higher demand for well-preserved specimens

Rarity in high grades: While the 1898 Cent is common in lower grades, it becomes scarce in grades MS65 and above. Red specimens, retaining their original copper color, are particularly valuable in high grades.

Historical significance: As a late 19th-century coin, it appeals to collectors interested in this era of American history.

Set completion: Many collectors seek this date to complete their Indian Head Cent collections, maintaining steady demand.

Toning: Attractively toned specimens, especially those with rainbow colors, can command premiums among collectors who appreciate eye appeal.

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