Lincoln Memorial Penny Value
1959-2008 · 1¢ · 95% copper (1959-1982), copper-plated zinc (1982-2008)
Value by Grade
| Grade | Est. Value |
|---|---|
| Poor (P-1) | $0.01 |
| Good (G-4) | $0.02 |
| Fine (F-12) | $0.05 |
| Uncirculated (MS-63) | $0.50 |
| Gem (MS-65) | $1.50 |
| Perfect (MS-70) | $7.50 |
Key Dates & Rare Varieties
| Date/Variety | Why It's Special | Value Range |
|---|---|---|
| 1969-S | Doubled die obverse, one of the most dramatic Lincoln errors | $25,000–$100,000 |
| 1972 | Doubled die obverse with strong doubling visible to naked eye | $300–$2,500 |
| 1983 | Doubled die reverse with prominent doubling on UNITED STATES | $200–$500 |
| 1992-D | Close AM variety where A and M in AMERICA nearly touch | $200–$1,000 |
| 1959-D | First year of issue from Denver, high collector interest | $0.10–$5 |
Coin Specifications
- Designer
- Frank Gasparro
- Years
- 1959-2008
- Denomination
- 1¢
- Composition
- 95% copper (1959-1982), copper-plated zinc (1982-2008)
- Diameter
- 19 mm
- Weight
- 3.11 g
Quick Value
Where to Buy/Sell
Lincoln Memorial Penny: History & Background
The Lincoln Memorial Penny replaced the Wheat Ears reverse in 1959 to commemorate the 150th anniversary of Abraham Lincoln's birth. Frank Gasparro designed the new reverse featuring the Lincoln Memorial, and a tiny seated Lincoln statue is visible between the columns. The composition transitioned from solid copper-alloy to copper-plated zinc in 1982, with both versions produced that year. Billions were struck over the series' 50-year run, making most dates common, though varieties like the 1969-S and 1972 doubled dies remain highly sought after.
How to Grade a Lincoln Memorial Penny
Accurate grading is the single most important factor in determining a coin's value. A difference of just a few grade points can mean 10× or more in value. Examine the highest points of the design first — these are where wear appears earliest. For the finest grades, luster, strike quality, and surface preservation all matter. Professional grading by PCGS or NGC adds certainty and typically increases resale value. Read our complete grading guide →