The value of a 1911 Lincoln VDB cent (penny) depends primarily on its condition and the mint where it was produced.
Here’s a general overview:
- This is the most common variety, with over 101 million minted.
- Good condition: Around $0.45 – $2.50.
- Fine condition: $1.50 – $4.75.
- Extremely Fine condition: Around $6.
- Uncirculated condition: $11 – $40.
- Mint State (MS65+): Prices can range from $200 to $400 or more, especially with a rich patina or red color.
- Significantly scarcer than the Philadelphia issue, with over 12 million minted.
- Good condition: $6 – $15.
- Fine condition: $10 – $14.24.
- Extremely Fine condition: Around $50.
- Uncirculated condition: $75 – $140.
- Mint State (MS65 Red): Can be worth $500 or more.
- Record Sale: An MS 67 RD (Red) example sold for $66,000 in 2022.
- The rarest of the three varieties, with a mintage of only 4,026,000.
- Good condition: $40 – $50.
- Fine condition: $60 – $70.
- Extremely Fine condition: Around $85.
- Uncirculated condition: $110 – $120.
- Mint State (AU55-MS62): Easily exceeds $1000, and MS65 Red examples can be worth several thousand dollars.
- Errors and Varieties: Look for potential errors like repunched mint marks (RPM), which can significantly increase a coin’s value. A 1911-S RPM sold for $1,750 in 2022.
- Proof Coins: Proof coins, especially those with rich red finishes, are highly valued by collectors. A 1911 PR 66 (Red Brown) sold for $14,688 in 2014.
- Coloration: Red pennies (RD) are generally valued higher than red-brown (RB) or brown (BN) coins.
Important Notes:
- These are general price ranges, and actual values may vary depending on the specific condition of your coin, its uniqueness (errors, varieties), and market demand.
- Professional grading services like PCGS or NGC can authenticate and grade your coin, which can enhance its value, especially for higher-grade specimens.
For a more precise valuation, you may want to consult with a professional coin dealer or numismatist. You can also explore online resources like [CoinValues.com], [JM Bullion] , and [Greysheet] for additional information.
How rare is a 1911 Nickel?
The 1911 Liberty Head Nickel has the largest mintage of any date in the series, and the largest Nickel mintage of the 1866-1916 time period. As a result, this date is available by the hundreds across the entire grade range from MS62 to MS66. At the top of the condition ladder are a pair of PCGS MS67s.