The value of an 1890 Indian head penny in good condition can range from $1 to $5 for the with rays variety and from $5 to $10 for the without rays variety. In very fine condition, the with rays variety can be worth up to $10 and the without rays variety can be worth up to $20. In extremely fine condition, the with rays variety can be worth up to $20 and the without rays variety can be worth up to $30.
The value of an 1890 Indian head penny can also be affected by its mint mark. The 1890 Indian head penny was minted in Philadelphia, San Francisco, and New Orleans. The Philadelphia mint mark is the most common, and the New Orleans mint mark is the least common. The San Francisco mint mark can also be valuable, depending on the specific variety and condition of the coin.
It is important to note that the value of a coin can vary over time, and it is always best to consult with a professional coin dealer or numismatist for the most accurate valuation of an 1890 Indian head penny.