Lincoln Memorial Pennies Valued From 1 Cent To $50,000 And Up

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Lincoln Memorial Pennies Valued From 1 Cent To $50,000 And Up: Around the world’s Lincoln cents for almost 50 years, the Lincoln Memorial has been on the back (tails side). You won’t believe it, but this is the last year of this very popular design that everyone in the US knows.

 

Lincoln Memorial Pennies Valued From 1 Cent To $50,000 And Up

In honor of the 200th anniversary of Lincoln’s birth, the U.S. Mint will show 4 different designs on the back of the Lincoln penny for one year starting in 2009.

The Memorial image will no longer be on the back of Lincoln pennies after 2010, when the U.S. Mint starts using a new design.

Would you pay a lot of money for a Lincoln Memorial penny?

At some point, will any of them be worth something?

 

Value Of Lincoln Pennies

If you’re asking if business-strike Lincoln Memorial pennies are valuable, that is, pennies that were made to be used and don’t have any mistakes on them, the short answer is no. Most of the time, average pieces are only worth their face value if they are worn and only a small amount more if they are in average, unused condition.

 

Will pennies from the Lincoln Memorial be worth more in the future? No one knows the exact answer, but it is likely that Lincoln Memorial pennies will not become very valuable any time soon. Why? Because a huge number of these coins were made. Let’s look at the wheat penny, which was the last reverse design for a Lincoln penny.

 

Actually, the last wheat penny was made in 1958. However, the common dates are only worth 5 to 10 cents today because many of them were only minted in small amounts—often half or a third as many as a single Lincoln Memorial date and mint mark combination.

 

The value of mint-new, uncirculated Lincoln Memorial pennies may go up a lot in the coming years, but the average used Lincoln Memorial penny probably won’t be worth more than a penny for a very long time.

 

Error Pennies Are The Most Valuable

Some Lincoln Memorial pennies are worth more than a penny, but not all of them are. Some are worth two or ten pennies instead of one. Watch out for mistake pennies.

There are a lot of them, but doubled-dies are some of the best. “Doubled-die” means that all or part of the design or letters on a coin have been doubled.

 

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Doubled-Die Lincoln Pennies

The following are known doubled-die dates of business strikes (not proofs):

1969-S: Look for lettering and dates that are doubled on the front. These are very rare and can fetch more than $50,000 in uncirculated grades.

1970-S Large Date: Look for the date and letters on the front to be doubled; if uncirculated, they’re worth more than $250.

 

1972: There is doubling on the front, with the date and letters standing out. Uncirculated grades are worth at least $200.

1983: The lettering on the back has been duplicated, and the uncirculated grade starts at around $100–$125.

 

1984: Lincoln’s ear is getting bigger; lower uncirculated grades start at about $75. Watch for “In God We Trust” and “Liberty” to double in value in 1995. Uncirculated grades start at around $10 to $15.

 

Lincoln Penny Mints

It’s interesting to note that pennies were made by the San Francisco and New York Mints at West Point many years later, but they didn’t leave mint marks on them.

 

It is impossible to tell if cents that don’t have mint marks were made in Philadelphia, San Francisco, or West Point. Also, there are no mint marks on any cents from 1965, 1966, or 1967.

This is because the U.S. Mint took mint marks off all U.S. coins at this time to stop people from hoarding and collecting them when the country was short on coins.

 

 

Author

  • JASMINE GOMEZ

    Jasmine Gomez is the Wishes Editor at Birthday Stock, where she cover the best wishes, quotes across family, friends and more. When she's not writing for a living, she enjoys karaoke and dining out more than she cares to admit. Who we are and how we work. We currently have seven trained editors working in our office to produce top-notch content that you can rely on. All articles are published according to the four-eyes principle: After completion of the raw version, the texts are checked by (at least) one other editor for orthographic and content accuracy.

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