The value of a 1972 penny depends on several factors, including its condition, mint mark, and whether it has any errors.
Generally, circulated 1972 pennies with no mint mark (Philadelphia), a “D” mint mark (Denver), or an “S” mint mark (San Francisco) are worth face value or slightly more. Pennies in mint state (uncirculated) with a red color designation can fetch significantly higher values, ranging from hundreds to thousands of dollars depending on the specific mint mark and grade. For example, a 1972 (Philadelphia) penny graded MS67 RD sold for over $3,000.
A notable and valuable error is the 1972 Double Die Obverse (DDO) penny, characterized by clear doubling of the obverse lettering and date. These error coins can command prices from a few hundred to over ten thousand dollars in mint state, with the highest recorded sale reaching $14,400.
Other errors affecting value include the Doubled Die Reverse (DDR), Re-Punched Mint Mark (RPM), Off-Center Strike, and Struck on Wrong Planchet. Professional services can assist in grading coins, and resources like the [Coin Identifier] can help with identification and valuation.
Is a 1972 D penny rare?
Great question! This rare 1972 Denver Penny is a must-have for any coin collector. With its circulated state and small cent denomination, this coin is a unique addition to your collection. The coin features an error where the rim is significantly thicker on the left side.
What’s so special about a 1972 penny?
The 1972 Lincoln penny was made of 95% copper and 5% tin and zinc. This makes it different from the later pennies which are primarily zinc with a copper plating. Next let’s talk about the design.