Place value worksheet for students to color digits according to their place value and cut/paste place value labels.

I'll solve this place value coloring task by identifying each digit's position and applying the correct color as instructed.

First, let me look closely at the number 7,654,321 and understand its place values.

The number is: 7,654,321

Let me break down the place values from left to right:
- 7 is in the Millions place
- 6 is in the Hundred Thousands place
- 5 is in the Ten Thousands place
- 4 is in the Thousands place
- 3 is in the Hundreds place
- 2 is in the Tens place
- 1 is in the Ones place

Now I'll match these with the coloring instructions:

According to the instructions:
- Color the digit in the Hundreds Place Blue → That's the digit 3
- Color the digit in the Ten Thousands Place Orange → That's the digit 5
- Color the digit in the Millions Place Purple → That's the digit 7
- Color the digit in the Tens Place Green → That's the digit 2
- Color the digit in the Ones Place Red → That's the digit 1
- Color the digit in the Thousands Place Grey → That's the digit 4
- Color the digit in the Hundred Thousands Place Yellow → That's the digit 6

So the solution is:
- Digit 7 (Millions) should be colored Purple
- Digit 6 (Hundred Thousands) should be colored Yellow
- Digit 5 (Ten Thousands) should be colored Orange
- Digit 4 (Thousands) should be colored Grey
- Digit 3 (Hundreds) should be colored Blue
- Digit 2 (Tens) should be colored Green
- Digit 1 (Ones) should be colored Red

This completes the task of coloring each digit according to its place value as instructed.