Lincoln Memorial Penny Values and Prices

How much is my Lincoln Memorial penny (1959-Date) worth?

A 1979 Lincoln Memorial Penny Minted at the Philadelphia Mint in Uncirculated Condition
A 1979 Lincoln Memorial penny minted at the Philadelphia Mint in uncirculated condition. Heritage Auction Galleries, www.ha.com

This coin value guide will give you an idea of how much your Lincoln Memorial, Lincoln Bicentennial and Lincoln Union Shield pennies minted from 1959 through today are worth. The table listed below provides average coin values and prices based upon the condition of the coin. 

History of the Lincoln Memorial Penny

The Lincoln penny was first minted in 1909 with a reverse design that featured two ears of wheat.

In 1959 the mint celebrated the 50th anniversary of the Lincoln penny by changing the reverse design to feature a rendition of the Lincoln Memorial designed by mint engraver Frank Gasparro. Additionally, this was done to commemorate the 150th anniversary of Abraham Lincoln's birth.

From 1959 until 1982 pennies were composed of 95% copper and 5% tin and zinc with a diameter of 19 mm and a weight of 3.11 grams. In 1982 the price of copper dictated a change in the composition of the Lincoln penny. Approximately half the pennies minted in 1982 were made from the mostly copper alloy. The rest of them were made with a copper plating over a zinc core (core: 99.2% zinc, .8% copper; plating: 100% copper). This design continued until 2009 when it was replaced with the Lincoln Bicentennial circulating commemorative coins.

Lincoln Memorial Penny Market Analysis

Lincoln Memorial pennies are very common today and you can find most dates in circulation today.

  However, some Lincoln cents have more than a penny's worth of copper in them, but it is illegal to melt them.  Lincoln pennies minted from 1959 to 1982 are made of 95% copper and have about 2.5 cents worth of copper in them. Beginning in 1982, the U.S. Mint began using zinc planchets that were coated with a thin layer of pure copper.

  These cents have less than one-half cent worth of zinc and copper in them. In order to discourage hoarding, half the pennies minted in 1982 were copper and the other half zinc.

Key Dates, Rarities, and Varieties

The following Lincoln Memorial pennies in any condition, are worth considerable more than common ones.   Therefore, before you start celebrating your new found fortune, have the coin authenticated by a reputable coin dealer or ​third-party grading service. In 2009 the U.S. Mint changed the design of the reverse to commemorate the 200th anniversary of Lincoln's birth with four different reverse designs. In 2010 a new reverse with a Union Shield was introduced. 

  • 1970-S Small Date
  • 1972 Doubled Die
  • 1983 Doubled Die
  • 1984 Doubled Die
  • 1995 Doubled Die
Quick Link:

Condition or Grade

If your coin is worn and looks similar to the one illustrated in the link below, it is considered a circulated coin.

  • Photo of a Circulated Lincoln Memorial Penny

If your coin looks similar to the one illustrated in the link below and has no evidence of wear due to being in circulation, it is considered an uncirculated coin.

  • Photo of an Uncirculated Lincoln Memorial Penny

Mint Marks

Lincoln Memorial cents were produced at three different mints: Philadelphia (no mint mark), Denver (D) and San Francisco (S).  As illustrated in the picture link below, the mint mark is located on the front of the coin, just below the date. Technically, they were also produced for a short time at the West Point Mint, but mint marks were not used for these coins and hence they are indistinguishable from the Philadelphia ones.

  • Photo of the Lincoln Memorial Penny Mint Mark Location

Lincoln Memorial Penny Average Prices and Values

The following table lists the buy price (what you can expect to pay to a dealer to purchase the coin) and sell value (what you can expect a dealer to pay you if you sell the coin). The first column lists the date and mint mark (see the photo link above) followed by the buy price and the sell value for an average circulated Lincoln Memorial one cent coin.

  The next two columns list the buy price and the sell value for an average uncirculated. These are approximate retail prices and wholesale values. The actual offer you receive from a particular coin dealer will vary depending on the actual grade of the coin and a number of other factors that determine its worth.

Date & MintCirculated Uncirculated
BuySell BuySell
1959F.V.F.V. $0.26$0.15
1959-DF.V.F.V. $0.26$0.15
1960F.V.F.V. $0.26$0.15
1960 Sm. Date$0.28$0.13 $2.30$1.70
1960-DF.V.F.V. $0.25$0.15
1960-D Sm. Date$0.08$0.04 $0.39$0.28
1961F.V.F.V. $0.24$0.15
1961-DF.V.F.V. $0.24$0.15
1962F.V.F.V. $0.24$0.15
1962-DF.V.F.V. $0.26$0.15
1963F.V.F.V. $0.26$0.15
1963-DF.V.F.V. $0.26$0.15
1964F.V.F.V. $0.26$0.15
1964-DF.V.F.V. $0.26$0.15
1965F.V.F.V. $0.24$0.15
1965 SMSF.V.F.V. $1.30$0.90
1966F.V.F.V. $0.26$0.15
1966 SMSF.V.F.V. $1.40$1.00
1967F.V.F.V. $0.33$0.15
1967 SMSF.V.F.V. $1.30$0.90
1968F.V.F.V. $0.24$0.10
1968-DF.V.F.V. $0.24$0.10
1968-SF.V.F.V. $0.24$0.10
1969F.V.F.V. $0.24$0.10
1969-DF.V.F.V. $0.24$0.10
1969-SF.V.F.V. $0.26$0.10
Date & MintCirculated Uncirculated
BuySell BuySell
1970F.V.F.V. $0.24$0.10
1970-DF.V.F.V. $0.25$0.10
1970-S Lg. DateF.V.F.V. $0.24$0.10
1970-S Sm. Date *$10.00$4.90 $27.00$20.00
1971F.V.F.V. $0.25$0.10
1971-DF.V.F.V. $0.26$0.10
1971-SF.V.F.V. $0.24$0.10
1972F.V.F.V. $0.24$0.10
1972 DDO *$210.00$100.00 $340.00$240.00
1972-DF.V.F.V. $0.23$0.10
1972-SF.V.F.V. $0.23$0.10
1973F.V.F.V. $0.23$0.10
1973-DF.V.F.V. $0.24$0.10
1973-SF.V.F.V. $0.24$0.10
1974F.V.F.V. $0.24$0.10
1974-DF.V.F.V. $0.23$0.10
1974-SF.V.F.V. $0.24$0.10
1975F.V.F.V. $0.24$0.10
1975-DF.V.F.V. $0.25$0.10
1976F.V.F.V. $0.23$0.10
1976-DF.V.F.V. $0.24$0.10
1977F.V.F.V. $0.23$0.10
1977-DF.V.F.V. $0.24$0.10
1978F.V.F.V. $0.25$0.10
1978-DF.V.F.V. $0.24$0.10
Date & MintCirculated Uncirculated
BuySell BuySell
1979F.V.F.V. $0.23$0.10
1979-DF.V.F.V. $0.25$0.10
1980F.V.F.V. $0.24$0.10
1980-DF.V.F.V. $0.23$0.10
1981F.V.F.V. $0.23$0.10
1981-DF.V.F.V. $0.25$0.10
1982F.V.F.V. $0.23$0.10
1982-DF.V.F.V. $0.24$0.10
1983F.V.F.V. $0.23$0.10
1983 DDR *-- $170.00$120.00
1983-DF.V.F.V. $0.25$0.10
1984F.V.F.V. $0.20$0.10
1984 DDO *
Dbl. Ear
-- $120.00$80.00
1984-DF.V.F.V. $0.27$0.10
1985F.V.F.V. $0.25$0.10
1985-DF.V.F.V. $0.24$0.10
1986F.V.F.V. $0.25$0.10
1986-DF.V.F.V. $0.25$0.10
1987F.V.F.V. $0.21$0.10
1987-DF.V.F.V. $0.20$0.10
1988F.V.F.V. $0.21$0.10
1988-DF.V.F.V. $0.21$0.10
1989F.V.F.V. $0.21$0.10
1989-DF.V.F.V. $0.20$0.10
Date & MintCirculated Uncirculated
BuySell BuySell
1990F.V.F.V. $0.21$0.10
1990-DF.V.F.V. $0.21$0.10
1991F.V.F.V. $0.20$0.10
1991-DF.V.F.V. $0.20$0.10
1992F.V.F.V. $0.21$0.10
1992-DF.V.F.V. $0.20$0.10
1993F.V.F.V. $0.21$0.10
1993-DF.V.F.V. $0.21$0.10
1994F.V.F.V. $0.21$0.10
1994-DF.V.F.V. $0.21$0.10
1995F.V.F.V. $0.21$0.10
1995 DDO *-- $27.00$18.00
1995-DF.V.F.V. $0.21$0.10
1996F.V.F.V. $0.20$0.10
1996-DF.V.F.V. $0.20$0.10
1997F.V.F.V. $0.21$0.10
1997-DF.V.F.V. $0.20$0.10
1998F.V.F.V. $0.21$0.10
1998-DF.V.F.V. $0.20$0.10
1999F.V.F.V. $0.21$0.10
1999-DF.V.F.V. $0.20$0.10
2000F.V.F.V. $0.22$0.10
2000-DF.V.F.V. $0.21$0.10
2001F.V.F.V. $0.22$0.10
2001-DF.V.F.V. $0.21$0.10
2002F.V.F.V. $0.20$0.10
2002-DF.V.F.V. $0.21$0.10
2003F.V.F.V. $0.20$0.10
2003-DF.V.F.V. $0.20$0.10
Date & MintCirculated Uncirculated
BuySell BuySell
2004F.V.F.V. $0.20$0.10
2004-DF.V.F.V. $0.22$0.10
2005F.V.F.V. $0.22$0.10
2005-DF.V.F.V. $0.21$0.10
2006F.V.F.V. $0.22$0.10
2006-DF.V.F.V. $0.20$0.10
2007F.V.F.V. $0.20$0.10
2007-DF.V.F.V. $0.20$0.10
2008F.V.F.V. $0.21$0.10
2008-DF.V.F.V. $0.20$0.10
Lincoln Bicentennial Reverse
2009 Birth & ChildhoodF.V.F.V. $0.29$0.10
2009-D Birth & ChildhoodF.V.F.V. $0.30$0.10
2009 Formative YearsF.V.F.V. $0.31$0.10
2009-D Formative YearsF.V.F.V. $0.29$0.10
2009 Prof Life ProofF.V.F.V. $0.29$0.10
2009-D Prof Life ProofF.V.F.V. $0.29$0.10
2009 Presidency ProofF.V.F.V. $0.32$0.10
2009-D Presidency ProofF.V.F.V. $0.32$0.10
Union Shield Reverse
Date & MintCirculated Uncirculated
BuySell BuySell
2010F.V.F.V. $0.27$0.15
2010-DF.V.F.V. $0.26$0.15
2011F.V.F.V. $0.75$0.50
2011-DF.V.F.V. $0.77$0.50
2012F.V.F.V. $0.70$0.50
2012-DF.V.F.V. $0.77$0.50
2013F.V.F.V. $0.76$0.50
2013-DF.V.F.V. $0.72$0.50
2014F.V.F.V. $0.75$0.50
2014-DF.V.F.V. $0.76$0.50
2015F.V.F.V. $0.75$0.50
2015-DF.V.F.V. $0.78$0.50
Complete
Date-Mint Set

Total Coins: 118
F.V.F.V. $32.00$20.00
Complete
Date Set

Total Coins: 58
F.V.F.V. $15.00$10.00

* = These coins are considered Key Dates, Rarities, and Varieties for Lincoln Memorial Cents
F.V. = Face Value
DDO = Doubled Die Obverse
DDR = Doubled Die Reverse

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