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The Indian Head penny is popular among coin collectors today because of its endearing, heartwarming design of a young Indian girl wearing a native, feathered headdress. But apart from having a poignant design, many issues of this penny are extremely valuable. That includes the 1902 mintage of the Indian Head penny, which can sell today for thousands of dollars in the right grade and condition. Unlike most coins in US mintage, there’s only one variety of this coin—the Philadelphia-minted penny. That makes this coin even scarcer and more valuable. The first one-cent coins paying tribute to Native Americans were issued from 1859 to 1909. Most sets of these Small Cents are abundant on the current market, making them affordable for most collectors. If you’re curious about the 1902 Indian Head penny value in modern times, stick around. We’ll be talking about the coin’s history, color varieties, and mint errors that can shoot up the value of these coins. Ready? Let’s jump right into it!