Yes, that has some value. It's difficult to determine exactly how much, however. For starters, what you have there is a Classic Head Cent struck between 1808 and 1814. In this very low grade, which I'd say is around Poor (PO 01), the value would be relatively modest. And the date being gone would be (and is) a bummer. That's the bad news. The good news is, this is an error coin. It appears to have been struck slightly off center, by 5% or so, if you look at the obverse rim where the stars are showing. Here are some eBay examples of off-center Classic Head cents for comparison. Yours will be worth less, due to the missing date, and it's not dramatically off-center, but It's a neat 200-year-old error coin and as such, someone will want it. You might speak to an expert like @Fred Weinberg about putting a ballpark value on something like this. Congrats on a cool (if very low grade) coin!
