Its costs $25 in AU 55, $50 in MS 63, $80 in MS 65, and $288 in PR 66 RD. You probably know the United States used to be a British colony. Coins are typically struck on blank discs called planchets. An extra I seems to sit between the B and the E. Its a die break and its worth $5. 5. Vintage 1/2 Half Cent -1961, 1962, 1963 and 1964 - South Africa . In the 1964 Penny, as in the rest of the modern Lincoln Cent up to 1982, due to its high copper content (95%), there are three different patinas, mostly. In 1963, the Philadelphia Mint made 757,185,645 Lincoln Memorial Cents. Regarding the number of copies, there were two mints in 1964, in . But you wont know for sure unless you find out more about 1964 pennies, what theyre worth, and which 1964 pennies are especially rare and valuable. However, certain factors like coin condition and rarity can further increase its value. Then there are the 1964 SMS pennies. Coins represent little moments of history. So now youre probably wondering what, exactly, a 1964 SMS penny is and how you can find one. Rare series: Cameo type editions, SMS coins and D variants, List of most highly-priced 1964 penny errors. When you find a damaged 1964 Penny, you cant be sure if it got crushed on a railroad track or messed at the mint. Pennies are probably the most collected American coins in the world. Professional numismatists joined together in the 1970s and established CoinGrading standards. Both types of the same 1964 Jefferson Nickels mint have seen their prices drop since their 2008 and 2009 highs. The mint marker used a mallet and a hand-held punch, and this went on until 1989. Uncirculated, but with contact scratches and nicks, little reduced shine, but otherwise appealing appearance. The reasons for a penny's value can range from the obvious to the . Find Out How Much Your 1928 Wheat Penny, 1928-D Penny, 1928-S Penny, And 1928 Error Pennies Are Worth, Susan B. Anthony Dollar Errors & Varieties Worth $500+. 1964 Penny Value Guide (Incld. These have sold for over $100,000 at auction. Instead, they made SMS (Special Mint Sets). 1923 1-Cent. However, there are rare 1964 SMS coins that can be worth up to $15,600. 1964 P&D US Mint 10-Coin Silver Mint Set Uncirculated in OGP - 1 Tarnished Coin. It was minted when the U.S. economy was in a recession, and many people were out of work. Want this question answered? The strike is unusually severe. An original patina, generated by the years of life of the coin is highly valued by collectors, so you should never clean a coin without consulting an expert since in most cases you will greatly diminish its value. What makes a 1964 D penny rare? Most worn 1964 pennies are worth the value of their copper content or about 2 cents. In 2013, one of these coins in MS 67 sold for $2,820. There are also proof coins (list of U.S. Whereas, this 1994 error penny sold for $2,900 because of a barely noticeable extra column on the reverse. Its the year when tin was removed from the coin. Before you bring that spare change into the bank for a cash exchange, you might want to give your pennies a cursory glance. To begin with, the Warren Commission report on President John F. Kennedys assassination determines that Lee Harvey Oswald acted alone, finally putting the publics mind at peace. 1917 Lincoln Wheat Cent Penny: Doubled-Die Obverse. I . Each one is more complex to find than the previous one, which is why the price increases due to the difficulty. Initially, the penny was 95% copper with the remaining 5% being a mixture of tin and zinc. As well see below, certified capsules are an excellent choice for both this and knowing the grade. If we talk about the 1964 Penny Lincoln Cent, thepatina is a factor of great importance. Well probably never know the true origin of 1964 SMS pennies for sure. The US Mint solved this by switching to base metals like tin, nickel, copper, and zinc. These coins can range in value from 15 cents to $5. Others believe the pennies were produced as introductory pieces and may have been intended to include a 1964-D Peace dollar. The rim of the 1964 SMS penny is one of the locations where the outstanding details really stand out. The Lincoln memorial is visible behind the presidents bust, and there are abnormalities typical of one mintage over another on the reverse. On the left, behind Lincoln, is the legend Liberty, and on the right, next to his chest, youll find the date (1964) and the mint mark. Online Marketplaces 1964 Penny Values. The item is very worn, yet the wear is even, and the overall design details stand out clearly. I have a 1963 no mint penny. Silver quarters weigh 6.25g, while non-silver quarters weigh less at 5.76g. 1906 Indian Head Cent - Great Detail!!!! On later pennies (from the 2010s), you may find Wide AM and Narrow AM errors. None of these coins bear mint marks. (ronald reagan, politics, united states) In 1963, Philadelphia made 757,185,645 pennies, and 3,075,645 were proof coins. To deal with coin hoarders and silver stackers, the mint tried different metals and non-metals such as vanadium, antimony, aluminum, silicone, and even plastic as replacements for specie coins. A little history about the 1964 Lincoln cent. SMS penny that can be worth up to $15600. Bucki estimates that a 1992 Close AM coin . The Sheldon Scale goes from poor (P-1) to perfect mint state (P-1) (MS-70). Rare Varieties), 1964 Dime Value Guide (Incld. The 1964 dime is considered a rare coin because of the incredibly low mintage. (The device is the image or the portrait, while the field is the background of the coin.) Late in 1962, the mint eliminated tin from the coin, so the metal mix was now 95% copper and 5% zinc. The 1964 Penny still carries its original obverse (heads side) but its reverse (tails side) is the third design in this famous and sometimes controversial coin series. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! In addition, there are two mint marks for their manufacture, a typical factor that distinguishes American coins in price, so one must look at other differences to determine a higher or lower value. You are looking : what makes a 1964 d penny rare. The following are the most common coin grades: Currency converter The main factor to consider is the quality, as in any other coin, as we will see later, but now lets talk about the patina. In the early 1960s, there was a major coin shortage, presumably due to collectors hoarding of circulating silver coins. The second MS 66 coin is a Deep Die Cap so the obverse seems weirdly sunken and the reverse is raised. George Washington (1st US President) felt putting leaders on coins was too much like the monarchy. The lower collar has the denomination, One Cent, spelled out in a large font. 1-cent coins from 1909 to 1958 were called Wheat Pennies while the 1959 to 2008 ones were Lincoln Memorial Cents. The Reverse (tails side) of the 1963 Penny is dominated by a sculpture of the Lincoln Memorial. This detail is lost on many circulated coins, so if you can see it, you have a top seller! On some coins, you can spot the doubling (or tripling or quadrupling) at a glance. If you think you have a 1964 SMS penny, you should have it certified by a reputable 3rd-party coin grading firm such as PCGS, NGC, ICG, or ANACS. Its not much, but its a lot more than the 1-cent face value. This brown patina is the most frequent of the three; visually, it appears to be the most aged, and it is the colour that copper coins typically acquire with time. And, check out why numerous state quarters from 1999 to 2008 are now worth hundreds of dollars . Minted at: Denver. Or, perhaps they were intended for a 1964 Special Mint Set possibly including the 1964 Peace dollar. The coin has a faded 1951 D in the upper left obverse and a faded Liberty on the right. Yes! The motto or all letters of LIBERTY are readable. It cant buy much today, but its collectors value is still quite high. As a result of this presidents lobbying, the Lincoln Cent was developed by sculptor Victor David Brenner. The two most notable features of the 1964 Penny are that one, half of them were coined in 1965, and two, only the Denver coins bore mint marks. But until 1990, all mint marks were manually stamped onto the coin. This movement caused some doubling on the word America and FGs initials, though the error is seen most clearly on proof coins. He faces to the right, and the sculpture is based on a 1907 desk plaque that Victor Brenner designed for Gorham Manufacturing. Because of this, the Type C Reverse error appears far more detailed than its other counterpart, which is particularly noticeable on the foliage of the coin. But PCGS has graded a few coins quite highly even though they never sold. Yes, the 1964 SMS pennyreally is rare and it really is worth $5,000! What Is The Value Of A 1964 Silver Quarter? The obverse has the legend In God We Trust on the upper collar. It suggests the die used to mint the reverse of the coin was flawed, and that it shifted between strikes by the working hub. Some 1964 SMS pennies are worth $1,500 or $3,000. . In AU 58, the coin sold for over $1,800. Grade MS63 = $9-$15. There are actually three Lincolns on the same coin! 1964 SMS pennies have turned up before in estates and in other seemingly ordinary situations. If its 50% off-center, it can sell for $50 to $100. Selling individual Lincoln Pennies online can be challenging due to the low value of most specimens, which is why employing a currency converter like Foreign Currency and Coin and Leftover Currency is one of the best choices for selling low-value historical coins. note: This article is periodically updated to reflect the current price of most valuable coins. One off-center penny only shows Lincolns forehead, nose, chin, chest, plus of course the 1964 mint date and the D mint mark. Check out our what makes the 1964 d penny rare selection for the very best in unique or custom, handmade pieces from our shops. A 1964 D with a staple strike-thru on the obverse is worth $70. A 1964 penny struck on a clad dime planchet weighs 2.3g (instead of the usual 3.11g). However, 64 years are rare. This Memorial Penny was coined from 1959 to 2008 when it was replaced by four alternative reverse designs on the Bicentennial Penny. How do I know the quality of my 1964 from Penny? Notably, he was the first well-known human on any US currency. The material of our penny in question consists of 95% copper and 5% Zinc, weighing a total of 3.11 grams for its 19 millimeters in diameter. Lets look at their valuations. These silver stackers caused changes to the countrys currency policies. 1963 was a big year in the US, and not necessarily a happy one because it was the year when JFK was shot. Rims are almost completely isolated from the field. one more thing. So collectors were already on the lookout for unusual 1962 and 1963 coins. The busts, especially on Abraham Lincoln, are also especially sharp. One MS 65 coin is triple struck so you can see three Lincolns on the obverse, with two of them being 60% and 70% off-center. I am a specialist in Spanish currency (from the Catholic Kings to today), euros and large silver modules. The following are the most common coin grades: There are a variety of options when it comes to buying and selling 1964 quarters, such as eBay, currency converters, estate sales, online auctions, specialist coin dealers, and even to scrap merchants for their intrinsic metal value. In 1964, all proofs (close to 4M) were made in Philadelphia without mint marks. The SMS (Special Mint Set) Penny is the most valuable example of the 1964 Penny, and it comes with a pretty interesting story of why it exists. But some 1964 penny values are much higher. We may round up and say it takes 6 silver quarters to make a troy ounce because you cant have half of a coin. More than 300,000,000 wheat pennies were produced at the Denver mint in 1946, so they are not considered very rare either. In total, the mint produced 6,447,646,500 that carried a minting date of 1964. 100% guaranteed genuine. Outside of its melt value, the value of the different types of 1964 Quarter are as follows: Factors that affect the value of coins are mostly the condition of the coin in question, the composition of the coin (i.e silver or nickel), and the scarcity of the coin. For comparison, I pulled a 1964-D from one of my probably-uncirculated rolls. So in theory, 1964 pennies are rare. Some officials at the United States Mint blamed coin collectors for the shortfall. Their meanings are as follows: As a general rule of thumb, you can tell if your quarter is silver by checking the date. Gently used; all gadgets are visible, and the most important ones are bold. Rare Varieties) But in the world of coins, the right flaw can be worth hundreds or even thousands of dollars. On average, a 1963 penny is worth its melt value and based on the cost of copper in October 2022, a penny is worth $0.02. " 4 point cud Mud slide ". Lets take a look at these in closer detail. Unlike many other rare and valuable coins, there are no special markings nor obvious errors which make SMS pennies stand out. The highest sale for 1964 Jefferson SP68 was $32,900. The edges for most 1964 SMS coins also tend to be square and sharp. Wow how to tell valuable ones. The RD stands for red, the best color grade for copper coins. Remember Me . Apart from extracting the pennys tin content, 1962 and 1963 were experimental years at the mint. What exactly are those? Slight evidence of wear on the coins designs high points; may have contact marks; eye appeal should be adequate. Because Lincoln Pennies are still in circulation, they are more likely to be encountered in ordinary life than other rare coins. Find many great new & used options and get the best deals for Super Rare 1964 D Penny-DDO/DDR "L"ON RIM ! And in 1964 particularly, the coins were assumed to come from Philadelphia. The item is very worn, yet the wear is even, and the overall design details stand out clearly. 1964 Penny Value Guide (Incld. As for the Lincoln-Kennedy novelty penny with a JFK caricature, thats only worth face value. 1969-S Lincoln Penny-Doubled Die Obverse. How to recognize the most sought-after patinas. Usually, the first 50 to 100 coins will have a cameo effect (CAM), where the field (background) is mirrored and the device (image) is frosted. Certain errors can greatly increase their value, mainly due to their being extremely scarce (limited number) and in high demand by collectors of American coins. But 1963 RPMs are only worth $3 to $5. Register At times, it was just a habit and led to people hoarding any coin, whether or not its melt value was profitable. The strike is quick and appealing. How could I get this somewhat verified without sending to a grading service? We can take as a reference of its current value this 1964 1C SMS SP67 RD which sold for $15,600 in 2019 by HeritageAuctions. Moderately weathered, with some finer features still visible. This post may contain affiliate links. The obverse (heads side) of the 1963 penny has a portrait of Abraham Lincoln. Proof pennies are struck on burnished planchets with specialty dies. Unlike 1964 proof pennies, 1964 SMS pennies have a smooth finish and are not reflective (or mirror-like). How To Grade A Coin Yourself To Determine Its Value, Lots Of Rare Pennies And How Much Theyre Worth Today (Most Are Worth $500+), record price for a 1964 SMS penny is $11,500, Old Copper Pennies: Which Ones To Save & What Theyre Worth, 5 Rare Coins Youll Find In The Lincoln Memorial Cent Series, A List Of 43 U.S. Pennies Worth Holding On To, A 1928 Penny Worth $36K? In the next two or three years, mint marks were removed as well, to allegedly discourage numismatists. *Estimated delivery dates - opens in a new window or tab include seller's handling time, origin ZIP Code, destination ZIP Code and time of acceptance and will depend on shipping service selected and receipt of cleared payment. The word QUARTER DOLLAR appears beneath the eagle, indicating the coins face value. I have a 1964 D penny and the vertical leg on the 4 is missing. Seller Notes: "Original uncirculated coins in old bank roll. Although they are very common in medium quality and practically worthless as we have seen in the table, excellent quality drives up the price. Rare Varieties), 1964 Penny Penny RB (red and brown) Philadelphia, 1964 Penny Penny RB (red and brown) Denver (D). I don't want to be contacted by Gumtree South Africa and corporate family members regarding promotion. RB Penny It will also weigh less. The idea was to produce a coin that honored one of the most popular US presidents. This means the planchets are burnished before striking and the dies are specially processed to add clarity, definition, fine detail, and shine. Another important quality is the date - only 1964 pennies can be part of this unique group. This could be part of the reason why 1963 pennies still draw interest. This makes the 1964 dime one of the lowest mintage regular production dimes in the entire 20th century. To know the state of conservation of the coin we own or want to buy we need to have an expert eye that we can hardly acquire without time or experience. at the best online prices at eBay! Next came Bicentennial Cents in 2009. They include Wheat Pennies (1909 to 1958), War Pennies (1942), Memorial Pennies (1958 to 2008), Shield Pennies (2010 to Date), and Bicentennial Pennies (2009). Circulated 1964 pennies with no errors or special varieties are worth approximately 2 to 3 cents. DDR means Double Die Reverse. Either way, certain coin errors can be quite valuable, launching your seemingly ordinary 1-cent coin into a treasure worth thousands of dollars! One sample in MS 65 RD only earned $10. Since none of these coins had mint marks, you cant verifiably distinguish 1964 Philadelphia pennies from 1964 San Francisco pennies. 6. And, as in most years, the United States Mint struck a limited number of 1964 proof pennies as well. In PR 64 or MS 64, you can get $50 for the coin. The strike is weak to average. This type of coin is very abundant, with a mintage of over 6.4 billion coins. Nearly smooth, but without the damage that a coin graded Poor often possesses. This error could happen if the coin fell into some machinery and got chopped. The bust and legends are usually highly detailed and sharp on most . Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. In 1964, only Denver pennies had mint marks, so a coin with a re-punched D could be worth a few dollars. In fact, if the nickel is extremely rare, such as the 1964 SMS variant, it can even be worth $8,750 in MS65. Indeed the only coins that contained silver were the Kennedy half dollars from 1965 to 1970, but their composition was not too pure either. BN Penny These numismatists now assign grades at key places on the seventy-point scale, using the most regularly utilized numeric points in conjunction with the original adjective grade. Final thoughts about the value of 1964 penny. This is because the 1964 Penny is comprised of 95% copper and 5% zinc and weighs around 3.11g. Technically, a Kennedy half-dollar coin is worth 50 cents each. A total of 3,799,071,500 pennies carry the 1964 minting date. 1872 Indian Head Penny. We'll talk more about this in a minute and explain why some of these rare pennies are worth so much: 1964-D penny (Denver) - 3,(about 3.8 billion) minted; 10 to 25+ cents. These are grading companies dedicated to evaluate and grade our coins according to their condition. I have a nice shiny 1964 D penny. As dies get older, they develop cracks and breaks than can transfer onto the coin. As you can see, the 1964 Lincoln penny was struck by the billions upon billions. Certain errors can greatly increase their value, mainly due to their being extremely scarce (limited number) and in high demand by collectors of American coins. However, if the coin is rare, uncirculated, or in mint condition, it can be worth as much as $225-$275! I primarily collect and study U.S. coins produced during the 20th century. But that doesnt mean you cant find these rare 1964 pennies if youre lucky, of course! Regnery Gateway. One was sold for $7,900. They are believed to have been prototypes struck in Philadelphia or San Francisco for the SMS (special mint set) minted between 1965 and 1967. . However, as this coin is now out of circulation its value may increase in coming years. Because of this, the collections of old hobbyists can often crop up at estate sales, and its not unheard of for individuals to get their hands on rare coins that have simply slipped under the radar.