9 Valuable Lincoln Memorial Pennies Worth Money : The Lincoln Memorial Penny, first minted in 1959 to commemorate the 150th anniversary of Abraham Lincoln’s birth, is a staple in American coinage. While most of these pennies are common and worth face value, certain rare varieties and errors can fetch significant sums. Whether you’re a seasoned collector or just starting, here are nine valuable Lincoln Memorial Pennies worth money, along with tips on how to identify them.
Why Are Some Lincoln Memorial Pennies Valuable?
- Rarity: Low mintage numbers make certain years and mint marks highly sought after.
- Errors: Misstrikes, double dies, and other minting mistakes can increase value.
- Condition: Uncirculated or well-preserved coins are more valuable.
- Historical Significance: Coins tied to specific events or years often carry a premium.
9 Valuable Lincoln Memorial Pennies
| Year | Mint Mark | Key Feature | Estimated Value |
|---|---|---|---|
| 1969-S | S (San Francisco) | Doubled Die Obverse | $35,000+ |
| 1972 | D (Denver) | Doubled Die Obverse | 300−500 |
| 1983 | None (Philadelphia) | Double Die Reverse | 150−300 |
| 1992 | D (Denver) | Close AM Reverse | 500−1,000 |
| 1995 | D (Denver) | Doubled Die Obverse | 20−50 |
| 1998 | None (Philadelphia) | Wide AM Reverse | 10−20 |
| 1999 | None (Philadelphia) | Wide AM Reverse | 10−20 |
| 2009 | D (Denver) | Special Design (Log Cabin) | 5−10 (Uncirculated) |
| 2014 | S (San Francisco) | Steel Penny (Error) | 100−200 |
Pointwise Breakdown of Key Pennies
- 1969-S Doubled Die Obverse
- Why Valuable: One of the most famous Lincoln penny errors, with noticeable doubling on the date and inscriptions.
- How to Identify: Look for doubling on “LIBERTY” and the date.
- Human Connection: Collectors often refer to this coin as the “King of Lincoln Memorial Pennies.”
- 1972 Doubled Die Obverse
- Why Valuable: A dramatic doubling error on the obverse side.
- How to Identify: Check for doubling on “IN GOD WE TRUST” and the date.
- Human Connection: This coin is a favorite among error collectors due to its striking appearance.
- 1983 Double Die Reverse
- Why Valuable: A rare doubling error on the reverse side.
- How to Identify: Look for doubling on the Lincoln Memorial building.
- Human Connection: Often found in circulation, making it a thrilling discovery for everyday coin hunters.
- 1992 Close AM Reverse
- Why Valuable: The letters “A” and “M” in “AMERICA” are closer together than usual.
- How to Identify: Compare the spacing of “AM” with a regular penny.
- Human Connection: This variety is a testament to the meticulous attention to detail required in coin collecting.
- 1995 Doubled Die Obverse
- Why Valuable: A less dramatic but still valuable doubling error.
- How to Identify: Look for doubling on the date and inscriptions.
- Human Connection: A great starter coin for new collectors due to its affordability.
- 1998 and 1999 Wide AM Reverse
- Why Valuable: The letters “A” and “M” in “AMERICA” are spaced wider than usual.
- How to Identify: Compare the spacing with a regular penny.
- Human Connection: These coins are often found in pocket change, making them accessible to casual collectors.
- 2009 Log Cabin Design
- Why Valuable: Part of a special series commemorating Lincoln’s bicentennial.
- How to Identify: Features a log cabin on the reverse.
- Human Connection: A meaningful coin for history enthusiasts, celebrating Lincoln’s humble beginnings.
- 2014 Steel Penny (Error)
- Why Valuable: A rare error where the penny was struck on a steel planchet.
- How to Identify: The coin will be magnetic and lighter in color.
- Human Connection: A modern rarity that excites both new and experienced collectors.
Tips for Collectors
- Check Your Change: Many valuable pennies are still in circulation.
- Invest in a Magnifying Glass: Small details like doubling or spacing can be hard to spot with the naked eye.
- Store Properly: Use coin holders or albums to preserve your pennies’ condition.
- Consult Experts: If you think you’ve found a rare penny, have it authenticated by a professional.
Conclusion
Lincoln Memorial Pennies are more than just pocket change—they’re pieces of history. Whether you’re drawn to their historical significance, rarity, or the thrill of the hunt, these nine pennies are worth keeping an eye out for. Who knows? The next penny you find could be worth a small fortune!
By exploring the world of coin collecting, you not only uncover hidden treasures but also connect with the rich history and artistry behind each piece. Happy hunting!