The home page is an excellent index, quickly leading to the major coin series. find Old US Penny Values and.Īll old US coin values. One of keys to the best price when selling and finding coin buyers is knowing accurate values. Discover how much your box of old coins is worth. Discover the rare pennies in your box of old coins.Ĭoin Value Guide | How to Value a Coin CollectionĪ step by step method combined with the coin value online guide identifies how to value a coin collection. Searching for rare pennies is interesting and exciting when it leads to a find. Preparing and selling wheat pennies for the best value is possible. Separate your old wheat pennies into the main value groups - different decades, mintmarks, rare dates and importantly condition. Selling Wheat Pennies and Receiving the Highest Price Of Note: We refer to these coins as a penny or pennies, however in official terms, the US Mint defines the denomination as a Cent. Prices and values are continually adjusted. Certain pennies once considered common are becoming difficult to find. A continual process of upgrading these collections alerts to the difficulty of finding many high-grade coins. Many collections are very advanced both in scope and quality of the coins. With your coin in hand discover old US penny values.įrom Half Cents to Large Cents to Indian and Wheat pennies, there are numerous rare dates, rare mintmarks and many different varieties avidly sought by collectors. Grading individual coins is detailed on the series pages linked above. With just light wear on high areas, a penny is considered as Extremely Fine grade.ĭefining condition by "Grades" is how charts lists individual values for stages of wear and condition. Example: Condition of Indian pennies are judged by different point on the coin than Lincoln cents. All series are evaluated individually by certain condition standards. With the series identified, dates confirmed, attention is now directed to the condition of the coin. Important because values are often significantly higher from one grade to the next.Ĭondition of a Coin is Defined by a "Grade" Each coin denomination has their own subtle grading points to follow. The hardest to accurately determine is the condition of your old pennies. All of these are listed on the value charts. And although some varieties are obscure, most are easily identifiable. The date of the coin is prominent, once you know where to look, mintmarks become easy to find. Most factors affecting value are easy enough to identify. Step 3: Grading Condition - Judging condition is done with a close inspection and comparing to standards for the grade.Step 2: Date and Mintmark Variety - Within series, dates become important to value, identify all dates accurately.Condition is graded comparing to images, video, and descriptions. Steps identify, series, dates, and mintmarks. How much your old penny is worth ranges from 2 cents for wheat pennies to thousands for early and rare colonial era cents. Step 1: Recognize the Different Series of Cents - US pennies cover a large variety of series and styles with overlapping dates. Penny values are determined using a step by step method.PR-67RD proof- There are no flaws to this coin. A few light contact marks may be present but they are barely noticeable. MS-65RD gem uncirculated- There is strong luster and eye appeal. The coin's luster might not be as prominent. MS-63RB choice uncirculated- In the major focal areas there are some blemishes or contact marks. There were 3,028,244 proof coins minted.Ĭlick here to search for Lincoln pennies on Amazon. Proof coins with no mint mark are available and they are each valued at around $23 in PR-67RD condition. The value is around $1 in uncirculated condition with a grade of MS-65RD. 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. These coins can only sell for a premium in uncirculated condition. The current copper melt value for each penny is about $0.02. Most 1961 pennies in circulated condition are only worth their weight in copper. The mint mark, when present, can be found on the obverse side of the coin below the date. The US minted the 1961 penny with no mint mark and also the 1961 D penny. Keep reading to learn more about these one cent coins.Ĭomposition: 95% copper, 5% tin and zinc Total Weight: 3.11 grams However these pennies can sell for a premium in uncirculated condition. Most 1961 Lincoln pennies aren't valuable.
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