Special Pennies

CoinTrackers.com has estimated the 1967 Lincoln Penny value at an average of 1 cent, one in certified mint state (MS+) could be worth $12. (see details)...

Type:Lincoln Penny
Year:1967
Mint Mark: No mint mark
Face Value: 0.01 USD
Total Produced: 3,048,667,000 [?]
Silver Content: 0%
Numismatic Value: 1 cent to $12.00
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 1 cent, while one in certified mint state (MS+) condition could bring as much as $12 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1967, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

Special Pennies Worth Money

Additional Info: No proofs or coins from the D or S mint were issued this year for some strange reason. Maybe they just didnt feel like getting out of bed or something?


What’s So Special About the 1943 Copper Penny? March 8, 1999 According to the American Numismatic Association, the 1943 copper–alloy cent is one of the most idealized and potentially one of the most sought–after items in American numismatics.

More of the Same

1943 LINCOLN HEAD COPPER PENNY. It’s a little counterintuitive to think of a copper penny. Set of Two 2 United States Army Special Forces Challenge Coins Green Berets Creed & 75th Ranger Regiment Rangers Lead The Way. 4.5 out of 5 stars 2. Ages: 16 years and up. US Army Special Forces Desert Storm Challenge Coin - Officially Licensed. 5.0 out of 5 stars 1. Whether or not you decide to collect pennies, you should watch out for these coins as you are looking through your change. These pennies are worth more than face value already and have a potential to increase in value over time as they become more rare. All Wheat Pennies. They are all worth at least three times face value unless they are heavily damaged or just plain worn totally.

All US Pennies 1859 to 2021

Most Valuable Coins by Type...

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**When we say that 3,048,667,000, of these coins were produced or minted in 1967 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.

What Pennies Are Worth Saving

Pennies

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If you want to start hoarding pennies, it makes sense to start with the pre-1983 pennies.

Not too long ago, I received the following question from a reader:

What’s so special about pennies made before 1983? Why are these pennies preferred by coin hoarders and penny investors?

The answer is in the composition of the pre-1983 pennies. If you want to start hoarding pennies for the copper value, it makes sense to understand the metal content of the cent through the years.


Composition of the Penny: A History

We think about pennies as being made from copper. However, today, the cent is mostly made up of zinc. Throughout the history of the penny, there have been different compositions. The United States Mint offers a history of the penny’s composition:

  • 1793 – 1837: Pure copper
  • 1837 – 1857: Bronze (a mixture of 95% copper and 5% tin and zinc)
  • 1857 – 1864: 88% copper, 12% nickel
  • 1864 – 1962: Back to bronze (the only exception was the 1943 penny, which was steel coated with zinc; there were a very small number of copper pennies minted in 1943, and if you can find one, it’s fairly valuable)
  • 1962 – 1982: 95% copper, 5% zinc

In 1982, the United States Mint began making pennies composed of 97.5% zinc, and 2.5% copper. There were pennies minted in 1982 that had the 95% copper content as well as the mostly zinc makeup. In 1983, though, all pennies were made up of copper-plated zinc.

Why are Pre-1983 Pennies Popular?

Pre-1983 pennies are popular because they have a higher copper content. As a result, many investors are interested in using these coins as part of an effort to invest in tangible base metals. While it’s illegal to melt down US coins, and while you can’t take large amounts of pennies outside the country, many coin hoarders are convinced that, at some point, pennies will become more valuable, particularly those with a high copper content. The thought is that the penny might disappear from circulation, making it legal to melt them down for copper, or that there might be an economic collapse and any tangible metals will be valuable.

If you decide to hoard pennies (or other coins), make sure you understand which are more likely to be valuable. Pay attention to the composition of the coins, and carefully consider what is most likely to help you reach your goals. In some cases, you can find rare pre-1983 pennies (like a copper 1943 penny) that have value to collectors, so it’s about more than just the metal composition.