What is special about a 1961 penny?
All 1961 pennies with no mint mark (including the worn ones) are worth about 2 cents each. Higher-quality 1961 pennies (including the ones that look new) are worth around 10 to 20 cents each. The record price for a 1961 no mintmark penny is claimed by a specimen graded by Professional Coin Grading Service as MS67RD.
What is a 1961 penny with no mint mark worth?
The 1961 penny with no mint mark and the 1961 D penny are each worth around $0.15 in uncirculated condition with an MS-63RB grade. The value is around $0.30 in uncirculated condition with a grade of MS-65RD. Proof coins with no mint mark are available and they are each valued at around $1.50 in PR-65RD condition.
What are the 3 initials on a penny?
The initials There are three sets of initials on the current (shield) penny: VDB appears on the front, just below Lincoln’s sleeve, and is almost imperceptibly small. It stands for Victor David Brenner, the Lithuanian engraver who designed the Lincoln portrait appearing on every penny since 1909.
What does close Am mean on a penny?
The Close or Wide AM refers to the distance between the A and the M in AMERICA on struck coins. When the A and the M are a normal distance apart as compared to the other letters in AMERICA this is known as a Wide AM. When the A and the M are almost touching this is known as a Close AM.
What is a 1961 P penny worth?
USA Coin Book Estimated Value of 1961 Lincoln Memorial Penny is Worth $0.16 to $0.32 or more in Uncirculated (MS+) Mint Condition. Proof coins can be worth $1.67 or more. Click here to Learn How to use Coin Price Charts.
Why is a 1959 d penny worth so much?
It’s possible that as time goes on, coin collectors may be able to identify what pair of dies was used in striking the 1959-D penny error. If they can do this, or if one of the slabbing services like PCGS or NGC decides to certify and encapsulate the coin, the 1959-D wheat cent may become worth even more.
What does FG stand for on the back of a penny?
The initials “FG”, for Frank Gasparro, the engraver who designed the new backside, appear on the right of the design, near the shrubbery. In 2009, four new backside designs will be released to honor Lincoln’s 200. th. birthday. Each.
Are Wide am pennies valuable?
Most 1999 pennies are worth only face value if worn. A handful of varieties are known, showing the bases of the letters “A” and “M” of “AMERICA” on the reverse further apart from each other than usual. These so-called 1999 Wide AM pennies are coins worth around $400 each.
How much is a 2006 close Am penny worth?
CoinTrackers.com has estimated the 2006 D Lincoln Penny value at an average of 1 cent, one in certified mint state (MS+) could be worth $35. (see details)…
What makes a penny rare?
Qualities such as color (red pennies are worth more than red-brown or brown ones), wear and rarity (including smaller numbers minted or mistakes) impact a coin’s grade. For most pennies, those minted in recent years are worth, well, a penny.
Is a 1971 penny worth anything?
Most 1971 pennies in circulated condition are only worth their weight in copper. The current copper melt value for each penny is about $0.02. These coins can only sell for a premium in uncirculated condition. The 1971 penny with no mint mark is worth around $0.60 in uncirculated condition with an MS 65 grade.
What is a 1959 D mule penny?
In 1959, the U.S. Mint changed the reverse design of the Lincoln cent from a wheat reverse to a new memorial reverse. This type of coin is referred to as a “Mule,” since all 1959 cents should have a memorial reverse design. Baller claims he purchased the coin for $1,500.
Is a penny from 1959 worth anything?
Most 1959 pennies in circulated condition are only worth their weight in copper. The current copper melt value for each penny is about $0.02. These coins can only sell for a premium in uncirculated condition. The 1959 penny with no mint mark is worth around $0.20 in uncirculated condition with an MS-63RB grade.
What does the back of the penny mean?
The U.S. Mint first issued this design in 2010. The obverse (heads) shows the image of President Abraham Lincoln used on the penny since 1909. The shield on the reverse (tails) represents Lincoln’s preservation of the United States as a single country. The penny was one of the first coins made by the U.S.
What is the symbol on the back of a penny?
The Union shield
The Union shield, a symbol dating back to the Civil War, is now on the tail side, replacing the Lincoln Memorial.
What is a 1962 d penny worth?
Uncirculated 1962-D Lincoln pennies are worth around 10 to 20 cents apiece.
What is a rare penny?
The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.
Is a penny from 2006 worth anything?
Most 2006 pennies in circulated condition are only worth their face value of $0.01. These coins can only sell for a premium in uncirculated condition. The 2006 penny with no mint mark and the 2006 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.