9 Valuable Lincoln Memorial Pennies Worth Money – The Lincoln Memorial Penny, introduced in 1959 to replace the iconic Wheat Penny, is one of the most widely recognized coins in American history. Featuring a portrait of Abraham Lincoln on the obverse and the Lincoln Memorial on the reverse, this penny series has become a staple of U.S. currency.
While most Lincoln Memorial Pennies are worth only their face value or copper content, certain rare specimens have become highly sought-after treasures due to minting errors, low mintages, or pristine condition. In this article, we’ll explore the 9 most valuable Lincoln Memorial Pennies that could make you rich.
Table of Contents
- 1 1. 1960 Small Date Doubled Die Obverse
- 2 2. 1972 Doubled Die Obverse
- 3 3. 1983 Doubled Die Reverse
- 4 4. 1984 Double Ear
- 5 5. 1990 No S Proof
- 6 6. 1995 Doubled Die Obverse
- 7 7. 1998 Wide AM
- 8 8. 2000 Cheerios Promotional Penny
- 9 9. 2009 Ultra High Relief Lincoln Bicentennial Penny
- 10 What Makes These Lincoln Memorial Pennies So Valuable?
- 11 Could You Have a Fortune in Your Pocket?
1. 1960 Small Date Doubled Die Obverse
The 1960 Small Date Doubled Die Obverse Lincoln Memorial Penny is one of the earliest error coins in the series. This variety features dramatic doubling on the obverse side, particularly visible in the word “LIBERTY” and the date. The small date version is especially rare, making it a prized find for collectors.
An MS-64 example sold for $30,000 in 2023. Its unique flaw and limited availability ensure its desirability among collectors.
Also Read: 11 Valuable Wheat Pennies Still in Circulation Worth Money
2. 1972 Doubled Die Obverse
The 1972 Doubled Die Obverse Lincoln Memorial Penny is one of the most famous error coins in U.S. numismatics. This variety features dramatic doubling on the obverse side, particularly noticeable in the word “LIBERTY,” the date, and Lincoln’s profile. It’s one of the most recognizable and valuable Lincoln Memorial Pennies.
An MS-65 example sold for $15,000 in 2022. Its striking flaw and rarity make it a favorite among error coin enthusiasts.
3. 1983 Doubled Die Reverse
The 1983 Doubled Die Reverse Lincoln Memorial Penny is another fascinating error coin. Doubling is visible on the reverse side, particularly noticeable in the Lincoln Memorial design and the inscriptions. These coins are incredibly rare and highly prized by collectors.
An MS-66 example fetched $12,000 at auction in 2021. Its subtle but significant flaw adds substantial value to an otherwise common coin.
4. 1984 Double Ear
The 1984 Double Ear Lincoln Memorial Penny is a quirky error coin, featuring a second ear-like protrusion on Lincoln’s portrait due to a die defect. This unusual flaw makes it a standout piece in any collection.
An MS-65 example sold for $10,000 in 2023. Its unusual appearance and rarity contribute to its value.
5. 1990 No S Proof
The 1990 No S Proof Lincoln Memorial Penny is a famous error coin, featuring a missing “S” mint mark. This mistake occurred during the minting process, creating a rare and highly prized variety.
An example graded PR-69 sold for $8,000 in 2022. Its scarcity and intriguing flaw make it a standout piece for collectors.
6. 1995 Doubled Die Obverse
The 1995 Doubled Die Obverse Lincoln Memorial Penny is another striking error coin, featuring dramatic doubling on the obverse side. This variety is particularly rare and highly valued by collectors.
An MS-65 example sold for $7,500 in 2023. Its visual appeal and scarcity make it a favorite among error coin enthusiasts.
Also Read: 9 Most Expensive Franklin Half Dollars Coins Worth Big Money
7. 1998 Wide AM
The 1998 Wide AM Lincoln Memorial Penny is a fascinating variety, where the letters “AM” in “AMERICA” on the reverse side are spaced farther apart than usual. This subtle but significant variation is highly sought after by collectors.
An MS-66 example fetched $6,000 at auction in 2021. Its rarity and historical intrigue ensure its desirability.
8. 2000 Cheerios Promotional Penny
In 2000, the U.S. Mint partnered with Cheerios cereal to promote the upcoming Sacagawea Dollar. As part of the promotion, 5,500 specially packaged boxes of Cheerios included a 2000 Lincoln Memorial Penny. These promotional pennies were struck on satin-finish planchets, making them distinct from standard circulation coins.
A gem-quality example graded MS-67 sold for $5,000 in 2022. Its limited availability and unique origin contribute to its value.
9. 2009 Ultra High Relief Lincoln Bicentennial Penny
To celebrate the 200th anniversary of Abraham Lincoln’s birth, the U.S. Mint released four special reverse designs in 2009 as part of the Lincoln Bicentennial series. However, a handful of ultra-high relief versions were struck as trial pieces. These coins were never officially released and are incredibly rare.
An example of this ultra-high relief penny sold for $4,500 in 2023. Its exclusivity and superior detail ensure its status as a prized find.
What Makes These Lincoln Memorial Pennies So Valuable?
Several factors contribute to the staggering prices these Lincoln Memorial Pennies command:
- Rarity: Errors such as doubled dies, missing mint marks, or unique varieties occur infrequently, making these coins exceptionally scarce.
- Condition: Coins in pristine, high-grade condition are exponentially more valuable than worn or damaged specimens.
- Historical Significance: Many of these pennies played pivotal roles in U.S. history, adding depth and meaning to their appeal.
- Design Appeal: The artistry of the Lincoln Memorial Penny captivates collectors and enhances their desirability.
Could You Have a Fortune in Your Pocket?
While stumbling upon one of these rare Lincoln Memorial Pennies in everyday circulation is unlikely, it’s not impossible. Savvy collectors often search through rolls of coins, estate sales, and online marketplaces for hidden gems. If you come across a penny with unusual markings, a misaligned design, or other oddities, consider having it appraised by a professional—it might just be worth a fortune!
The 9 most valuable Lincoln Memorial Pennies highlighted here showcase the incredible diversity and intrigue within the world of modern numismatics. From the legendary 1972 Doubled Die Obverse to the quirky 1984 Double Ear variety, each coin tells a unique story and offers a glimpse into the fascinating world of minting rarities.