1969 penny

The S Lincoln Memorial cent is collected by many people for many reasons.

You might assume the only way to really cash in on pennies is by using them to scratch off a winning lottery ticket. However, spotting a certain rare penny could earn you way more than one cent. Michael Tremonti found that out firsthand back in while sorting through a cent roll of pennies. According to coin expert Ken Potter , Tremonti made it through more than half of them before noticing that one looked different from the others. These were due to an error while die-casting the coin. Initially, these rare coins were believed to be part of a counterfeit scheme. However, shortly after their discovery, the government confirmed that many with the unique mint mark were genuine.

1969 penny

Lincoln Memorial cents were struck from through and reign as one of the world? While the Lincoln Memorial cent is technically an obsolete series, billions are still in circulation. Save for any changes to United States laws against the melting of copper coins, these coins are likely to remain common for decades to come. The Lincoln Memorial cent contains the original vintage Lincoln obverse design by Victor David Brenner and includes a reverse design by Frank Gasparro. While largely common, Lincoln Memorial cents do offer collectors a few neat varieties and a handful of real rarities. Chief among the error varieties are the S, , , , and doubled dies, with the S doubled die pulling high five- and low six-figure prices on the scarce occasions when the rarity turns up in auction. Also important to recognize are the and D large and small date varieties and the S small date cents. Making matters all the more complicated for numismatists are the large- and small-date varieties of shared across both compositional profiles. To date, similar though less-valuable off-metal transitional errors are known for the D and, more oddly, the D Lincoln cent. Show More Hide More. The prices listed in our database are intended to be used as an indication only. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. CDN Publishing is not responsible for typographical or database-related errors.

Privacy Policy Terms and Conditions. Too see if I found a discovery coinvery close to mint condition.

Nearly 5. This was the first year in decades that Lincoln cents had been minted from fresh master hubs. The difference in quality between the Lincoln cent made from the worn hubs and the is striking. At current copper prices October , a Lincoln cent has a melt value of 2. Note that Lincoln cents struck since have been made from zinc with a thin copper coating. These coins have a melt value of only 0. Bulk submissions can bring down the per-coin cost.

Are you an Abraham Lincoln fan? Due to the large mintage, the penny is not rare. However, you can buy or sell it profitably if you know what to look for, especially when it comes to spotting errors. Hint: some errors can fetch hundreds of dollars! In this article, I will help you understand the penny value so you can make a smart decision whether you want to buy or sell this coin. Abraham Lincoln was the 16 th president of the United States of America. A strong opponent of slavery, he is known for his Gettysburg Address and, most importantly, for the Emancipation of Proclamation, which marked the beginning of the end of slavery. A confederation sympathizer assassinated President Lincoln on April 21,

1969 penny

Searching pocket change for error coins can be fun and profitable, but searching through rolls of uncirculated coins can sometimes turn up real treasure! Variety coin expert Ken Potter reports that a Michigan collector, Michael Tremonti, found an uncirculated S doubled die penny while searching through a coin roll of S Lincoln cents. Tremonti sent the coin to PCGS for grading and encapsulation.

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Coins are graded on a point scale, where 1 is so worn as to be almost unidentifiable, and 70 is perfect, with no damage or blemishes visible even under magnification. Email Password. Who would be the best to have these looked at? This Lincoln cent error is not very rare, though it still commands prices far above regular D cents. How much is it worth. They very occasionally still show up in change. Leave a Reply Cancel reply Your email address will not be published. The obverse features the right-facing portrait of President Abraham Lincoln as designed by Victor Brenner. I had a coin shop look at it and they said it would grade MS. Making matters all the more complicated for numismatists are the large- and small-date varieties of shared across both compositional profiles. Canadian Coins. According to coin expert Ken Potter , Tremonti made it through more than half of them before noticing that one looked different from the others. It is one of the most common and collected coins in the U.

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FG are the initials of engraver Frank Gasparro. By CoinWeek Notes. Note : Ken Potter provided additional information about the source of the lucky roll of coins. IRA Eligible Gold. In total, the Philadelphia, Denver, and San Francisco mints produced more than 5 billion pennies! These initials can often look like a bush growing at the end of the shrubbery across the front of the Memorial. Monster Boxes. Visit Google or Facebook to do that. Posted In: blog. Potter also says that when Tremonti first called him, he was very skeptical. Saechao, I read your all the above referencing the D cent. I advised him of this, but he shrugged it off as not being what he found. According to coin expert Ken Potter , Tremonti made it through more than half of them before noticing that one looked different from the others. Coin Collecting. This obviously makes it one of the most sought-after pieces for coin collectors.