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U.S. Indian head pennies were minted from 1859 to 1909. U.S. Mint proof sets from 1988, which contain one of each coin minted during the year of issue, contain Lincoln head pennies. None of the authorized commemorative coins minted in 1988 were pennies. Therefore, a 1988 Indian head copper penny may have been made privately as a souvenir, but has no commercial value.Source:
by Shelly_H8982 on December 26th, 2010
What is the value of a 1988 indian Head copper penny?
by Glenn Blaylock on February 6th, 2010
I am going to assume that you are asking about an 1888 Indian head penny since in 1988 the US was minting Lincoln head pennies. That being the case, the value of the penny will depend on its condition. A quick Google search turned up this page (http://values.hobbizine.com/indian-cents.html), which lists prices according to date and condition. Here is another site (http://www.coinstudy.com/value-of-an-indian-penny.html).
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Comments
I would say that it is probably that this person was actually asking about an 1888 Indian head penny and just typed 1988 by mistake.
by Glenn Blaylock on February 6th, 2010