An 1857 Flying Eagle penny is worth $15 in good condition, $25 in fine condition, $64 in extremely fine condition and $261 if uncirculated, according to CoinStudy.com. A Flying Eagle penny from 1857 is the second-most rare Flying Eagle penny. The 1856 Flying Eagle penny is more rare.
Due to their rarity, Flying Eagle pennies from 1856 are worth thousands more than those from 1857. The 1856 Flying Eagle pennies are valued at $4,200 for good condition coins, $6,067 for fine condition coins, $8,006 for extremely fine condition coins and $10,558 for uncirculated coins. Starting in 1859, the U.S. Mint switched to the Indian Head penny design.