* 1906 Indian Head penny: The 1906 Indian Head penny is the most common type of 1906 penny. In good condition, it is worth around 5 cents. However, some rare varieties of the 1906 Indian Head penny can be worth significantly more. For example, the 1906 "Indian Head" penny with a "VDB" mintmark is worth around $1,000 in good condition.
* 1906 Lincoln Head penny: The 1906 Lincoln Head penny was the first year of issue for the Lincoln penny, which replaced the Indian Head penny. In good condition, the 1906 Lincoln Head penny is worth around 2 cents. However, some rare varieties of the 1906 Lincoln Head penny can be worth significantly more. For example, the 1906 Lincoln Head penny with a "S" mintmark is worth around $50 in good condition.
It is important to note that the value of a 1906 penny can vary significantly depending on its condition and rarity. If you have a 1906 penny that you believe may be valuable, it is always a good idea to have it appraised by a professional numismatist.