Continue with Recommended Cookies. 1979 . The 1970 Lincoln penny is not a rare coin since the total mintage for that particular year was 5,482,946,714 pieces, and most went into circulation. Composition: 95% copper, 5% zinc While there are no known records offering the numismatic community hard numbers on the exact number of 1970-S Small Date Lincoln Cents for either the business-strike or proof format, estimates point to their representing approximately 10% to 15% of the total issue mintage, if not less. PCGS Adds Three Leading Experts, Promotes Another, Is Bigger Better? Numismatic specification data and valuation estimates provided by Active Interest Medias. According to mint records, there was no 1982-D small date copper. Keep reading to learn more about these one cent coins. 1999-P Wide AM: $540. Meanwhile, the PCGS PR67DCAM trades for $250 and a PCGS PR68DCAM takes $450. By Joshua McMorrow-Hernandez -
However, because both types are plentiful enough to satisfy current collecting demand, there really isnt any huge difference in their prices. One reason that so many people (even non-collectors) are aware of doubled die penny errors is because some of them are worth hundreds or even thousands of dollars. In the early 1980s, coiners at the U.S. Mint were hand-punching the mintmarks (D and S) individually onto each working die. The value of a canadian coin depends on several factors such as quality and wear, supply and demand, rarity, finish and more. Year: 1979. . Half cents and Large cents of the Liberty series are slightly abundant in lower condition. Jason | 12/26/2022 Depending on condition it's worth anywhere from $0.05 to $1.20 1 Reply. The diagnostics listed below apply to both the business-strike and proof versions of the 1970-S Lincoln Cents. As for the pennies with the large date, one collector paid $2,530 for a beautiful red specimen in 2003. This little line roughly resembles a capital letter I, thus lending to the BIE nickname for this variety. These pennies came in two variations, which further increased their value. 1970 D: $1.57: $4.00: $32.50 + Collection In One Click . Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. The 1970 S penny with the small date is worth around $55 in uncirculated condition with an MS 65 grade. 12/21/2020. Keep in mind, you probably won't be finding any 1979-S proof pennies in your pocket change because those coins . This resulted in a total of seven different combinations for 1982. With many advanced collectors perusing Indian pennies the rare dates are rapidly moving higher in value. Finally, in 2010 the reverse was changed to feature a representation of the Union Shield in the center of the coin. 1970 was a very busy year. Heres a look at some of the major events and other highlights from 1970, the year your 1970 pennies were struck: In addition to the links Ive included above, here aresome otherresources to help youdetermine the current value of your 1970 pennies: Stay up to date with everything about U.S Coins, We dont spam! The first change was made during WWII when the US Mint used zinc-plated steel to strike coins in 1943. These new copper plated pennies had less than one-half cent worth of zinc and copper in them. With that said, there are some 1970s quarters that are worth more than their face value. Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! Lincoln Pennies (1959-2023) Register; Sign In; Home > All Coins. Many collections are very advanced both in scope and quality of the coins. The 1970 S penny with the large date is worth around $1 in uncirculated condition with an MS 65 grade. You should definitely keep your eyes out for one of these! With a total mintage of 690,560,004 for the 1970-S business strikes and 2,632,810 for the 1970-S proofs. Besides, it struck the rarest and most expensive DDO error with a large date in the series. You can see the inscription IN GOD WE TRUST above the Presidents head, while the issue date is on the coins right side, in front of the bust. If your coin is worn, it is considered acirculatedcoin. The value of any coin depends on various factors. Related Post: 19 Most Valuable Indian Head Penny Worth Money. The small date pennies have a high 7 in the date, where as the large date pennies have a low 7 in the date. Both the 1979-S Type 1 and Type 2 pennies sell for around $5 to $10 apiece for a typical specimen. Uncirculated and proofs are worth significantly more, some trading for three figures or more in the best grades. Heavily worn condition places a coin in the Good grade. That makes them much easier to find than the 1969 Doubled Die coins. My love for coins began when I was 11 years old. Youhave to be very careful when buying coins advertised as 1970-S Small Date pennies. How about the proof 1970 penny or the 1970-S Large Date doubled die penny? He has also authored numerous books, including works profiling the history of the United States Mint and United States coinage. Click image to enlarge. Prices for all 226 Kennedy Half Dollar Coins. Average ungraded coin value for Lincoln Memorial Penny | Compare vs. Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! Buy & Sell. Date and Mintmark is first identified; each variety is listed separately on value chart. Coin Values Moving with Precious Metals: Up-Dated 2/27/2023: Gold $1807 | Silver $20.63. Today, a typical pre-1982 Lincoln Memorial penny contains around 2 to 3 cents of copper. The most valuable 1980 penny with no mintmark sold for $2,232.50 in a 2017 auction. All 1979 Lincoln pennies are worth more than their face value. Both collectors and dealers prefer coins in their original state. Flowing Hair Cent 1793; Liberty Cap Cent 1793-1796; These coins stayed unchanged by 1958 when the US Mint started issuing the Lincoln Memorial penny collection with a different reverse. Cuds on Coins. are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These cracks can transfer onto the struck coin in the form of a raised line, squiggle, bump, or lump. The mints produced pennies in bulk, so many came with different errors. Manage Settings Prices and values are continually adjusted. The Memorial penny reverses central motif was the Lincoln Memorial in Washington, DC. The legend says that somewhere exists at least one 1970 S DDO Lincoln penny with a small date, but most collectors doubt its existence. BIE pennies are relatively common but they are great collectibles that some Lincoln penny enthusiasts try collecting by date. On the reverse (tails side), look for doubling in the lettering or the columns of the Lincoln Memorial. Kennedy Half Dollar Prices & Kennedy Half Dollar Value Guide . From 1959 until 1982 pennies were composed of 95 percent copper and 5 percent tin and zinc with a diameter of 19 mm and a weight of 3.11 grams. This round, clad coin with a reeded edge contains 91.67% copper in total, but its composition is complex. Separate your old wheat pennies into the main value groups - different decades, mintmarks, rare dates and importantly condition. It's almost a j shape. 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. However, one was recently found and sold for over $20,000. Plus, some pieces won a premium price at auctions. The 1970 S proof penny with the small date is valued at around $40 in PR 65 condition. The US Mint restored the initial combination the very next year, and that composition didnt change until 1982. And theyll offer you the best price, to boot. Coiners would try fixing these mistakes by repunching the mintmark but this didnt always obliterate the original (incorrect) mintmark punch. Struck at the San Francisco Mint in both business-strike and proof finishes, the 1970-S Small Date is a relatively scarce variety and one of the most collectible of all Lincoln Memorial Cents. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); I don't know if I have one but I have a no mint mark 1970, it's a dot under it looks like a spot. The consent submitted will only be used for data processing originating from this website. Shop MA-Shops! Coins issued in 1970 circulated for 20 years before being demonetised in 1990. However, there is a 1980 doubled die obverse (heads side) penny that shows a thicker date and lettering in the word LIBERTY, and this variety sells for anywhere from $35 to $250+, depending on the condition of the coin. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. Those minted in the year 2000 are the most common, whereas the ones from 1999 are the rarest. Defining condition by "Grades" is how charts lists individual values for stages of wear and condition. And thats the case with the 1980 doubled die pennies youre likely to find. A 1979 BIE penny in average worn condition is worth somewhere in the neighborhood of $5 to $10. These occur when the dies striking the coins begin showing signs of wear and tear often in the form of cracks . At Coin Values, we are always staying on top of the latest changes in coin prices, and we have a list of the top 25 most valuable pennies. The original (large) version of the five pence coin was demonetised together with the shilling and replaced by the smaller version, which retained the original design by Christopher Ironside. I primarily collect and study U.S. coins produced during the 20th century. Theres a kind of error known as a die break that occurs when a die that is punching a design onto blank coins starts to show signs of wear through cracking. A total of 690,560,004 coins with the S mint mark went into circulation. The traditional slogan E PLURIBUS UNUM was located just above the famous building. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! Additionally, the mint also changed the design slightly when the master die was damaged. These so-called proof pennies were struck at the San Francisco Mint and contain an S mintmark. NGC makes the World Coin Price Guide available to its website visitors as a free service, but in no way does the information provided represent NGCs official opinion or policy. Bucki estimates that a 1992 Close AM coin . The 1970 penny was made during some very tense times for the United States. Click on either the image or link to visit that coins page and learn more about it. Some 1980-D and even 1980-S proof penny dies show indications of repunched mintmarks, caused by the coiner repunching the mintmark after the first attempt was either misplaced or not oriented correctly sideways, tilted, what have you. Recognizing the design series of your coin, plus date, and importantly, condition, are the necessary steps to an accurate evaluation. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. However, the 1970 Lincoln penny is well-known after one specific imperfection from the San Francisco mint. The 1970 S penny doubled die error coin is worth around $12,500 in uncirculated condition with an MS 65 grade. Unlike modern versions, these first pieces had engraved VDB, the designers initials. Youre probably wonderingabout the value of these old pennies and if theyre worth keeping. The current copper melt value for each penny is about $0.02. The American medalist and designer Victor David Brenner created the original design for both coin sides. There are two different varieties for the 1981 . Depending on the color, some of these pieces in the mint state are worth several thousand dollars. 1984-Present. The two major varieties of the 1970-S Lincoln Cent are distinct enough that both the large date and small date pieces are collected by most of the dedicated Lincoln series enthusiasts. The 1970-S Small Date penny is one of the scarcest, most sought-after of the regular-issue, business-strikeLincoln Memorial pennieswhich were made from 1959 through 2008. Proof coins were sold to coin collectors by the U.S. Mint during the year of production. Even the dingiest no mintmark 1979 penny with excessive wear is worth more than just 1 cent! These little mishaps often resulted in slightly crooked mintmarks and other small but noticeable things that werent quite right. Manage Settings 1944-D Lincoln Penny (Zinc-coated steel) 1909-S VDB Lincoln Penny. Read more about coin values from the numismatic experts at Gainesville Coins: 1965 Quarter Value: Error Coins and History, 1964 Kennedy Half Dollar Values and History, 2009 Lincoln Penny Value and Designs: Bicentennial Cents, Top 15 Best Coins to Collect: A Definitive List. The U.S. Mint in San Francisco made 3,554,806 proof sets in 1980. One particular type of die crack that is unique to Lincoln cents appears as a straight, vertical line between the letters B and E in the inscription LIBERTY and looks like a capital I. This type of die crack is aptly classified as a BIE variety and is wildly popular with coin collectors. Thats thanks to the coins copper content which is worth 2 cents. The typical, worn (circulated) 1979-D penny has a value of 2 to 3 cents. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. 1979-S Proof Set, Type 1 $34.95. As for your old coins? If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. A 1979 Lincoln penny without a mintmark was made at the Philadelphia Mint. There is an extremely rare error variety for the 1970 S penny. Find an overview of pricing information for Washington quarters minted between 1970 and 1979. The designer reduced the original ONE CENT denomination and placed it under the Memorial. XI JUEGOS DEPORTIVOS CENTROAMERICANOS Y DEL CARIBE PANAMA 1970. Allegedly, Brenner used an old photograph from 1864 as inspiration. With many rare dates and varieties, check your coin against the value charts. Lincoln Cent (Modern), 1970-S 1C Small Date, DCAM, PCGS PR68DCAM. The 1970-S Small Date is also known as the so-called High 7 variety, as the top of the digit 7 in the date perfectly lines up with tops of the other three numerals in the date. Pennies worth good money! It was paid $4,406.25 at Heritage Auctions, winning the auction record. These copper coins date back to the beginnings of the mint. The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. Bear in mind that sometimes these tests will come with a fee. The most valuable 1980 penny with no mintmark. Real Helpful. 1980-D Lincoln pennies are worth 2 to 3 cents each, even in worn condition.