The Lincoln Memorial penny, introduced in 1959, has become an iconic part of American numismatic history. While most pennies from this era are worth only one cent, some rare varieties and errors can command impressive prices. Whether you’re a seasoned collector or just starting out, here are the 10 most valuable Lincoln Memorial penny errors and varieties that might be lurking in your pocket change!
Table of Contents
- 0.1 1972 Doubled Die Obverse
- 0.2 1969-S Doubled Die Obverse
- 0.3 1983 Copper Penny (Non-Magnetic)
- 0.4 1992 Close AM Reverse
- 0.5 1984 Doubled Die Reverse
- 0.6 1970-S Small Date
- 0.7 1995 Doubled Die Obverse
- 0.8 1989 Pre-Stamped Planchet
- 0.9 1960-D Small Date
- 0.10 2000 Wide AM Reverse
- 1 Table – Most Valuable Lincoln Memorial Penny Errors
1972 Doubled Die Obverse
One of the most famous and sought-after Lincoln Memorial penny errors is the 1972 doubled die obverse. This error occurred when the die used to strike the penny was misaligned, resulting in a noticeable doubling of the letters and numbers on the obverse side of the coin. The doubling is most apparent on “LIBERTY” and the date. A well-preserved example can fetch upwards of $1,000.
Also Read: A Collector’s Guide: 10 Popular Rare Silver Investment Coins
1969-S Doubled Die Obverse
The 1969-S doubled die obverse is a rare and highly valuable error, especially considering its mint location. The doubling is most visible on the words “LIBERTY” and the date, which appears to have been struck twice. In excellent condition, these pennies can be worth several thousand dollars, sometimes reaching over $10,000 for those in top-tier grades.
1983 Copper Penny (Non-Magnetic)
In 1983, the U.S. Mint switched from copper to zinc for the production of pennies. However, a small batch of 1983 pennies was accidentally struck in copper before the changeover. These pennies are extremely rare, and an uncirculated example can easily be worth tens of thousands of dollars. Keep an eye out for a 1983 penny that feels heavier than usual and passes the magnet test.
1992 Close AM Reverse
In 1992, the U.S. Mint transitioned to a new reverse die design, which caused a noticeable spacing difference between the letters “A” and “M” in “AMERICA” on the reverse of the coin. Most pennies struck that year feature the “Wide AM” design, but a small number have the “Close AM” design, which is a rare variety that can be worth hundreds to thousands of dollars depending on the condition.
1984 Doubled Die Reverse
The 1984 doubled die reverse penny features noticeable doubling on the reverse side, particularly in the words “E PLURIBUS UNUM” and the “UNITED STATES OF AMERICA” inscription. While this error isn’t as widely known as the 1972 doubled die, well-preserved specimens can still be valued at several hundred dollars, especially in high grades.
1970-S Small Date
The 1970-S Lincoln Memorial penny is notable for its “Small Date” variety, which features a noticeably smaller date than other 1970 pennies. This variety is rarer than the regular 1970-S and can be worth several hundred dollars depending on its condition, especially if it’s in uncirculated form.
1995 Doubled Die Obverse
Another sought-after error is the 1995 doubled die obverse penny, where the doubling is clearly visible on “LIBERTY” and the date. This is a significant variety, and in mint state, it can fetch a few hundred dollars or more. Finding a well-preserved version of this error can be a great addition to any penny collection.
1989 Pre-Stamped Planchet
A rare variety of the 1989 Lincoln Memorial penny features a pre-stamped planchet error, where the coin was struck on a planchet that had already been partially stamped with part of another coin’s design. These coins can be highly collectible, often fetching hundreds of dollars depending on the extent of the pre-stamped markings.
Also Read: Top 10 Coins Every Collector Dreams of Owning
1960-D Small Date
The 1960-D small date penny is a unique variety that is highly collectible due to its rarity. This coin features a “small date” on the obverse, where the numerals in the date appear smaller than those on the “large date” variety. The small date variety can be worth significantly more than the standard 1960-D penny, particularly in higher grades.
2000 Wide AM Reverse
The 2000 wide AM reverse is a rare error in which the “A” and “M” in “AMERICA” on the reverse are spaced too far apart. This variety was caused by a die error, and while it’s not as valuable as some of the older errors, well-maintained examples can still be worth hundreds of dollars to collectors looking to complete their sets.
Table – Most Valuable Lincoln Memorial Penny Errors
Coin | Mint Year | Value (Approx.) | Unique Feature |
---|---|---|---|
1972 Doubled Die Obverse | 1972 | $1,000+ | Doubling on “LIBERTY” and date |
1969-S Doubled Die Obverse | 1969 | $10,000+ | Doubling on “LIBERTY” and date |
1983 Copper Penny (Non-Magnetic) | 1983 | $10,000+ | Struck in copper instead of zinc |
1992 Close AM Reverse | 1992 | $500+ | “A” and “M” in “AMERICA” are close together |
1984 Doubled Die Reverse | 1984 | $500+ | Doubling on “E PLURIBUS UNUM” and “UNITED STATES” |
1970-S Small Date | 1970 | $200+ | Smaller date compared to “Large Date” variety |
1995 Doubled Die Obverse | 1995 | $300+ | Doubling on “LIBERTY” and date |
1989 Pre-Stamped Planchet | 1989 | $100+ | Pre-stamped with part of another coin’s design |
1960-D Small Date | 1960 | $150+ | Smaller date compared to “Large Date” variety |
2000 Wide AM Reverse | 2000 | $100+ | “A” and “M” in “AMERICA” are spaced too far apart |
In Conclusion Whether you’re a passionate numismatist or just someone who enjoys scouring through pocket change, these Lincoln Memorial penny errors and varieties are a great way to make your collection stand out. While some of these pennies are relatively common, others are exceedingly rare and can be worth substantial amounts of money. Keep your eyes peeled for these unique varieties—who knows, you might just find a rare treasure hiding in your spare change!
FAQs
What is the most valuable Lincoln Memorial penny error?
The 1972 Doubled Die Obverse is considered one of the most valuable Lincoln Memorial penny errors, with well-preserved examples worth up to $1,000 or more.
How can I tell if I have a 1983 copper penny?
A 1983 copper penny is heavier than the regular zinc ones and will not be attracted to a magnet. These are very rare and valuable, often worth thousands of dollars.
What is the difference between “Wide AM” and “Close AM” varieties?
The “Close AM” variety, found on the 1992 penny, has the “A” and “M” in “AMERICA” very close together, while the “Wide AM” variety has more space between them.
Are 1969-S doubled die pennies really worth thousands of dollars?
Yes! The 1969-S Doubled Die Obverse is a highly sought-after error and can be worth several thousand dollars depending on its condition.
How do I identify a 1995 Doubled Die Obverse penny?
The doubling on a 1995 Doubled Die Obverse is most noticeable on the word “LIBERTY” and the date, which will appear as if struck twice.