1907 Indian Head Penny - The Indian Head Pennies are one of the most popular coins struck by the United States MInt. They appeared in various metal types, so there were much more in circulation. The 1907 Indian Head Penny was unique because it was the largest production for the series. There are several Indian Heads in various grades and conditions, which allow for diversification of any collection. It was also close to end of the series for production so there is added value. These pennies are one of the most recognizable pennies for numismatists and non-numismatists alike.