More than 5.5 billion 1972 pennies were made. In addition to making circulation-strike Lincoln pennies, the San Francisco Mint (which produces coins with an “S” mintmark) made 1972 proof Lincoln Memorial pennies — which are usually worth $1 or so. Coin collectors especially enjoy finding these.
What makes a Lincoln penny a better value?
Coins that have been well-preserved over the years can be valued significantly higher than similar coins that have wear and tear or damage. Both coin dealers and coin collectors are willing to pay a higher premium for Lincoln Wheat Pennies that are in superior condition and of a higher grade.
Who was the owner of the 1974 aluminum Penny?
The issue went before a judge, who said that “it is plausible that a Mint official, with proper authority and in an authorized manner, allowed Harry Lawrence to keep the 1974-D aluminum cent.” Despite the ruling, the owner returned the coin to the Mint and the 1974 aluminum penny remains a footnote in the history of the U.S. Mint.
Where was the 1974 silver Lincoln penny minted?
The Mint recalled the aluminum coins. However, a small portioned were never returned, probably totalling 12 to 14 coins. These few pieces have remained hidden and unsold, therefore their value remains obscure. However, in early 2014 a San Diego resident claimed to own a 1974-D aluminum coin. The “D” signifies that it was minted in Denver.
When was the first Lincoln wheat penny made?
The ever popular Lincoln wheat penny was first produced by the U.S. Mint in 1909. While the original edition pennies from 1909 can have significant collectable value, other editions of the Lincoln penny can be highly desired by coin collectors as well.
