Coin and Paper Money Collecting/What is the worth?

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Question
1907 Indian head penny picture 1
1907 Indian head penny  

1907 Indian head penny picture 1
1907 Indian head penny  
I've been doing research on an Indian-Head penny minted in 1907 but haven't found a clear answer. Judging from what one webster told me it is in both very good and good condition. The reason for that is that I can make out some of the interior feather  and eye detail,. The holes in the feather strap I can clearly see as well as the mouth and cheek bone outline.  On the back I can see almost all of the detail, but there is one problem. You know that single letter that's supposed to be on the bottom right side olive reef bow? Well, it's not there. I think it might have been worn away, but the amount of detail on the back tells me otherwise. Your rating of your knowledge and politeness is why I'm asking you so please help me find out more about this penny's worth. Thank you.

Answer
Sean:

Based on the photo, coin has extensive wear, scratches, and appears to have been cleaned. No reverse photo. Your coin would retail for about $1 to an interested collector. For examples of Indian Cent grades, see: http://coinauctionshelp.com/how_to_grade_indian_cents.html

Coin and Paper Money Collecting

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Ronald Fern

Expertise

I can answer most all questions relating to US coins, tokens, and currency. I'm not strong on world coins or ancients. Primary field of expertise is errors and varieties. Over 55 years experience in coin collecting. Part time dealer since 1976. Employed by McDonnell Douglas/Boeing for over 34 years as an Industrial Engineer/Technical Specialist before retiring in 2002.

Experience

Worked weekends for "Lonesome" John in the late 1960's to mid 1970's processing error coins, packaging, and preparing orders. Worked with John Devine and Fred Weinberg on several California Error A Rama's in the early 1970's. Served as display judge at annual Error-A-Rama coin shows. Opened and operated mail order coin business DBA "CAL ERRORS" in 1976. Contributor to Alan Herbert's "Official Price Guide To Mint Errors" and Fivaz/Stanton "Cherrypickers' Guide". Worked Saturdays at Huntington Beach Coin Exchange 1980-1999. Had table and sold coins at a number of coin and gun shows in So CA, AZ and NV. Sell coins, tokens and currency on Facebook. Past "Errorscope" Editor. Presently CONECA Examiner.

Organizations
ANA, CONECA, CWTS, NLG

Publications
Errorscope, Numismatic News, Civil War Token Journal, Error and Variety News

Education/Credentials
AA Degree LBCC pre Engineering, 1964 BS Degree CSULB Ind Technology, 1968

Awards and Honors
1st Place EAR Trophy for Civil War Token Errors, NLG Author of Year Award for best monthly coin column "Error News and Views" in small Numismatic paper, owned and published by Ray Anthony.

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