The value of a 1973 Lincoln Memorial penny depends heavily on its condition, mint mark, and whether it has any errors.
Here’s a breakdown of the typical values:
- Circulated: $0.01–$0.05
- Uncirculated (MS-65 RD): $5–$12
- Circulated: $0.01–$0.05
- Uncirculated (MS-65 RD): $5–$10
- Proof (PR-65): $1.50–$7
- Proof (PR-67 to PR-69): $5.00–$15.00+
Note: The San Francisco mint produced proof coins specifically for collectors, which means they are not found in circulation.
- Condition: Coins in better condition (higher grades) are generally more valuable, especially those with their original red copper luster (“RD” grade).
- Errors: Certain minting errors can significantly increase the value:
– Double Die Obverse (DDO): Doubling in the date, “LIBERTY,” or “IN GOD WE TRUST” can make these coins worth $100 or more, depending on the condition.
– Off-Center Strike: When the coin wasn’t properly centered during striking, creating a crescent-shaped blank area. The more off-center the strike, the higher the value.
– Clipped Planchet: A coin blank that was partially clipped during the production process.
– Repunched Mint Mark (RPM): The mint mark appears to have been struck twice. This is a specific error that occurs on Denver (“D”) mint mark pennies and can add $5–$30+ to the value, according to Fun Times Guide.
- Certification: Having a coin graded and certified by a professional service (like PCGS or NGC) can increase its trustworthiness and market value, particularly for rare or high-condition coins.
- Most 1973 pennies found in circulation are only worth face value (one cent). However, their copper content (95% copper, 5% zinc) makes their melt value slightly higher than their face value.
- There were a large number of 1973 pennies minted, with billions from the Philadelphia and Denver Mints alone. The San Francisco mint produced a smaller number of proof coins.
- Be cautious of claims regarding extremely rare 1973 aluminum pennies. While aluminum pennies were experimented with in 1974, reports of 1973 aluminum pennies are likely misconceptions or refer to the 1974 test strikes.
Disclaimer: These values are approximate and can fluctuate based on market demand and other factors. If you believe you have a valuable 1973 penny, it is recommended to consult with a reputable coin dealer or collector for an accurate appraisal.
What year is Penny worth $2000000?
Great question! 🔥 The 1974 Aluminum Penny Worth $2,000,000 — But You Can’t Legally Own It!
Which American 1 cent coins are valuable?
Thanks for asking. 1943-D Lincoln Bronze Wheat Penny — $2.3 million. …
1944-S Steel Wheat Penny — $1.1 million. …
1793 Strawberry Leaf Cent — $862,500. …
1943-S Lincoln Cent Struck on Bronze — $282,000. …
1909 VDB Matte Proof Lincoln Penny — $258,000. …
1958 Doubled Die Obverse Cent — $224,831. …
1856 Flying Eagle Cent — $172,500.