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1963-d 1c Rd Lincoln Memorial One Cent Ngc Ms67rd   6697142-004

1963-d 1c Rd Lincoln Memorial One Cent Ngc Ms67rd 6697142-004

Ngc Rd 1963-d Lincoln Memorial 1c 6697142-004 One Cent Ms67rd

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1963-d 1c Rd Lincoln Memorial One Cent Ngc Ms67rd   6613596-003

1963-d 1c Rd Lincoln Memorial One Cent Ngc Ms67rd 6613596-003

1963-d One Lincoln 6613596-003 1c Memorial Ngc Rd Ms67rd Cent

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This Lot Of Four 1943 Lincoln Wheat Small Cents No Strike Very Good Condition

This Lot Of Four 1943 Lincoln Wheat Small Cents No Strike Very Good Condition

Of Four Strike No Cents Very This Lincoln Lot Small Condition Good 1943 Wheat

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1961 D Red No Scratches No Dents Very Clean Lincoln Cent

1961 D Red No Scratches No Dents Very Clean Lincoln Cent

Scratches No 1961 Cent Very Lincoln Red Dents D No Clean

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1981 Ms 68 Rd Lincoln Cent Highest Graded Version In Existence

1981 Ms 68 Rd Lincoln Cent Highest Graded Version In Existence

In 1981 Existence Version Graded Lincoln Rd Cent 68 Highest Ms

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Abraham Lincoln 4 Cent Stamp Purple Very Rare Gem

Abraham Lincoln 4 Cent Stamp Purple Very Rare Gem

Rare Cent Purple Gem 4 Abraham Very Stamp Lincoln

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11 Wheat Pennies Lot - 1940 To 1957 No Mint Denver Mint And San Francisco Mint

11 Wheat Pennies Lot - 1940 To 1957 No Mint Denver Mint And San Francisco Mint

Mint 11 1957 - To No And Denver Mint Francisco Lot San Wheat Pennies Mint 1940

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1976 Us Lincoln Memorial Penny Mint Lamination Error Ddo Ddr Damaged Coin Am

1976 Us Lincoln Memorial Penny Mint Lamination Error Ddo Ddr Damaged Coin Am

Ddo Us Coin 1976 Lincoln Lamination Error Damaged Ddr Memorial Am Penny Mint

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Rare 1945 Wheat Penny - No Mint Mark

Rare 1945 Wheat Penny - No Mint Mark

- No Rare Penny 1945 Wheat Mint Mark

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1862 1c Snow-7 Indian Cent Pcgs Ms65 Photo Seal

1862 1c Snow-7 Indian Cent Pcgs Ms65 Photo Seal

Pcgs Snow-7 Photo Seal 1862 Indian 1c Cent Ms65

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1881 1c Indian Cent Pcgs Ms65rd Photo Seal

1881 1c Indian Cent Pcgs Ms65rd Photo Seal

Photo 1881 1c Indian Pcgs Cent Ms65rd Seal

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1858 Error Rim Clip Cuds Small Letters Flying Eagle Cent 1c Anacs Ms-61 Rjs

1858 Error Rim Clip Cuds Small Letters Flying Eagle Cent 1c Anacs Ms-61 Rjs

Flying Ms-61 Small Rim Clip Rjs 1c 1858 Letters Cent Eagle Anacs Cuds Error

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1857 P Small Cents Flying Eagle Penny Ngc Ms-64

1857 P Small Cents Flying Eagle Penny Ngc Ms-64

1857 Small Cents Flying Eagle Ms-64 Ngc P Penny

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1864 Indian Head Cent 1c L On Ribbon Ms65rb Ngc Nearly Red 947429-1

1864 Indian Head Cent 1c L On Ribbon Ms65rb Ngc Nearly Red 947429-1

1c Red L Nearly On Indian Cent 1864 Ngc Head 947429-1 Ms65rb Ribbon

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1944 1c Pcgscac Ms67 Rd Ex Dl Hansen

1944 1c Pcgscac Ms67 Rd Ex Dl Hansen

Dl 1944 Pcgscac Hansen Ms67 Ex Rd 1c

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1942 Lincoln Wheat Penny No Mint Mark Rare Circulated And Ungraded

1942 Lincoln Wheat Penny No Mint Mark Rare Circulated And Ungraded

Ungraded Wheat And Lincoln 1942 Circulated Rare Penny Mark Mint No

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1891 Indian Cent Ddo Fs-101 Ms63rb Pcgs

1891 Indian Cent Ddo Fs-101 Ms63rb Pcgs

Ddo Pcgs Ms63rb Indian 1891 Cent Fs-101

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Very Rare 2011 Lincoln Shield Cent Copper Plated Zinc Penny

Very Rare 2011 Lincoln Shield Cent Copper Plated Zinc Penny

Lincoln Zinc Very 2011 Rare Copper Plated Penny Cent Shield

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1944 Lincoln Wheat Penny No Mint Mark

1944 Lincoln Wheat Penny No Mint Mark

Lincoln Penny Wheat 1944 No Mark Mint

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1944 Lincoln Wheat Penny No Mint Mark One Cent Coin Rare Error L In Liberty

1944 Lincoln Wheat Penny No Mint Mark One Cent Coin Rare Error L In Liberty

Rare No In Lincoln Penny 1944 Mint Wheat One Mark Coin Error Cent Liberty L

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1963-d Lincoln Cent Rare 3 Over 3 Gem One Of A Kind

1963-d Lincoln Cent Rare 3 Over 3 Gem One Of A Kind

Cent Rare 3 Of Lincoln 3 One 1963-d A Kind Over Gem

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1066-87 England One Penny Silver Coin S-1251 William I - Great Portrait

1066-87 England One Penny Silver Coin S-1251 William I - Great Portrait

- Great William 1066-87 England Portrait S-1251 One Penny I Coin Silver

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1860 Indian Head Cent Ms65 Pcgs Rare Choice Gem Copper Nickel Coin Superb Luster

1860 Indian Head Cent Ms65 Pcgs Rare Choice Gem Copper Nickel Coin Superb Luster

Head Copper Indian Nickel Gem 1860 Ms65 Superb Cent Pcgs Choice Luster Coin Rare

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1954 P Icg Ms67rd Red Lincoln Cent

1954 P Icg Ms67rd Red Lincoln Cent

P Ms67rd Cent Icg Red Lincoln 1954

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Rare 1944 S Mint Mark Lincoln Wheat Cent Collection Coin L Rim Error

Rare 1944 S Mint Mark Lincoln Wheat Cent Collection Coin L Rim Error

1944 Mark Error Lincoln Coin Collection Cent Rare Rim L Mint Wheat S

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The Ultimate Guide To Lincoln Penny Values

The Lincoln wheat penny has been a favorite among collectors for decades, with its unique design and history making it a popular piece to add to any collection. As with any coin, the value of a Lincoln penny can vary greatly, with factors such as grade, mint mark, scarcity, and appearance all playing a role. Additionally, minting errors and a coin's history can significantly increase its worth, with some coins selling for hundreds of thousands of dollars.

This article serves as the ultimate guide to Lincoln penny values, exploring the various factors that can affect the worth of these coins. From discussing the history and design of the Lincoln penny to exploring the different varieties and minting errors that can make a coin more valuable, this guide is designed to help both beginner and experienced collectors understand the market and make informed purchasing decisions.

Whether you're looking to add to your collection or simply want to learn more about these iconic coins, this guide is an essential resource for anyone interested in Lincoln penny values.

The Ultimate Guide To Lincoln Penny Values

Factors Affecting Value

The value of a Lincoln wheat penny is influenced by various factors such as grade, mint mark, rarity, and appearance, as well as historical significance and minting errors.

The grade of a coin is determined by its condition, with uncirculated coins being more valuable than those that have been in circulation. Mint marks, which indicate where the coin was minted, can also affect value, with some mint marks being rarer than others.

Rarity is another important factor, with coins that were minted in smaller quantities being more valuable than those that were produced in larger numbers. The appearance of a coin also plays a role, with well-preserved and visually appealing coins being more desirable.

In addition to these factors, historical significance and minting errors can greatly impact the value of a Lincoln wheat penny. Coins that have a notable history, such as those that were minted during wartime or to commemorate a special event, can be highly sought after by collectors.

Minting errors, such as double died obverse or off-center strikes, can also increase a coin's value due to their rarity. However, it is important to note that not all errors or alterations are genuine, and purchasing from a reputable dealer or getting the coin authenticated is crucial in ensuring its authenticity and value.

Minting Errors and Varieties

Minting errors and varieties can significantly impact the value of wheat pennies, as they are sought after by collectors and enthusiasts alike. Here are some examples of minting errors and varieties that can increase a wheat penny's value:

  1. Double Died Obverse - This error occurs when the die used to stamp the penny is imprinted twice, resulting in a double image on the front of the coin. The 1955 Double Die Obverse is one of the most famous examples and is highly sought after by collectors.

  2. Off-Center Strike - This error occurs when the die is not aligned properly with the planchet (the round metal disk used to make the coin), resulting in an off-center image on the coin. The degree of off-centering can vary and can significantly impact the coin's value.

  3. Mule - A mule coin is created when a coin is struck using mismatched dies from different coin denominations or years. These coins are relatively rare and can fetch high prices at auction.

  4. Repunched Mintmark - This error occurs when the mintmark (the letter or symbol indicating where the coin was minted) is stamped multiple times, resulting in a blurry or misshapen mark. Repunched mintmark errors can be difficult to spot and are highly valued by collectors.

Interested in Liberty Nickel Set?

Historical and Record Sales

Notably, the Bob Simpson coin collection boasts a wide variety of coins from different years and mint marks, including several wheat pennies with high grades and scarce varieties. The collection is considered one of the most important private coin collections in the world, and it features some of the rarest and most valuable coins ever minted. Among the collection's highlights are several Lincoln wheat pennies, including the 1943-S bronze MS coin that sold for a staggering $840,000, making it one of the most valuable coins ever sold.

In addition to the Bob Simpson collection, there have been other notable sales of Lincoln wheat pennies throughout history. For example, a 1942 PR coin sold for a record-breaking $5,600, while some PR64 and PR65 coins can fetch up to $10,000. Meanwhile, 1943 and 1944 Steel pennies can be found for prices ranging from $20 to $5,000, with a record-breaking AU58 coin selling for $218,500.

Many MS67 coins sold for around $20-$600, and another big cluster of MS67 coins sold for around $150-$200. Finally, rare 1955 pennies start around $20-$70, but some can sell for as much as $7,000-$8,000, with a few reaching over $10,000. The 1955 MS65+ doubled die obverse coin, in particular, sold for $114,000, making it one of the most valuable Lincoln wheat pennies ever sold.