If you’ve ever brushed past a handful of pennies without a second thought, it might be time to take a closer look. Lincoln Memorial Pennies Worth Money are hiding in plain sight, quietly turning everyday change into potential treasures. Introduced in 1959, these pennies are well-known for featuring Abraham Lincoln on the front and the Lincoln Memorial on the back. But did you know some special versions of these coins are worth thousands?
While most Lincoln Memorial Pennies are common, a few rare ones command serious attention in the coin collecting world. From unusual minting mistakes to limited editions, these standout coins have become highly sought-after. In this article, we’ll explore 9 valuable Lincoln Memorial Pennies worth money, their unique features, and why collectors are willing to pay top dollar for them.
Overview: Rare Lincoln Memorial Pennies Worth Money
| Year & Variety | Unique Feature | Estimated Value (High Grade) |
| 1960 Small Date Doubled Die Obverse | Doubling on date and “LIBERTY” | Up to $30,000 |
| 1972 Doubled Die Obverse | Clear doubling on front details | Up to $15,000 |
| 1983 Doubled Die Reverse | Doubling on reverse design | Up to $12,000 |
| 1984 Double Ear | Extra ear-like feature on Lincoln’s head | Up to $10,000 |
| 1990 No S Proof | Missing “S” mint mark | Up to $8,000 |
| 1995 Doubled Die Obverse | Doubling visible on obverse details | Up to $7,500 |
| 1998 Wide AM | Wide spacing between “A” and “M” | Up to $6,000 |
| 2000 Cheerios Promotional Penny | Satin finish, promotional release | Up to $5,000 |
| 2009 Ultra High Relief Bicentennial | Rare trial strikes, extra relief detail | Up to $4,500 |
1. 1960 Small Date Doubled Die Obverse
One of the earliest and most valuable error coins in the Lincoln Memorial series is the 1960 Small Date Doubled Die Obverse penny. What makes it special is the strong doubling effect visible on the word “LIBERTY” and the date itself. On top of that, the “small date” variety is much rarer than its large date counterpart. Because of its scarcity and eye-catching error, collectors have paid as much as $30,000 for one graded in top condition.
2. 1972 Doubled Die Obverse
The 1972 Doubled Die Obverse Lincoln Memorial Penny is a fan favorite among error coin collectors. This coin features noticeable doubling on the front, especially in areas like “LIBERTY,” the date, and Lincoln’s face. It’s one of the easiest doubled dies to spot with the naked eye. High-quality examples of this penny have reached $15,000 at auctions, thanks to their bold error and popularity.
3. 1983 Doubled Die Reverse
Another penny worth a second glance is the 1983 Doubled Die Reverse Lincoln Memorial Penny. Unlike most other varieties, the doubling here appears on the reverse, especially in the design of the Lincoln Memorial and inscriptions. Subtle but clear under magnification, collectors prize this coin due to its rarity and distinctiveness. Coins graded MS-66 or better can fetch upwards of $12,000.
4. 1984 Double Ear
Quirky errors always catch the attention of collectors, and the 1984 Double Ear Lincoln Memorial Penny is a perfect example. A die defect resulted in Lincoln’s portrait appearing to have an extra ear! This unusual feature has turned this coin into a must-have. High-grade versions of this coin have sold for as much as $10,000, proving just how much collectors value oddities.
5. 1990 No S Proof
Proof coins are usually flawless, but sometimes even they come with surprises. The 1990 No S Proof Lincoln Memorial Penny is one such surprise—this proof coin lacks the “S” mint mark entirely, a mistake that occurred during the production process. Because proof coins are made in limited numbers, this error is especially rare. Collectors have paid up to $8,000 for a well-preserved example.
6. 1995 Doubled Die Obverse
The 1995 Doubled Die Obverse Lincoln Memorial Penny is another notable coin with doubling errors visible on the front, particularly around the text and Lincoln’s profile. While not as dramatic as the 1972 version, it still holds significant value among collectors. In pristine MS-65 condition, this penny has sold for about $7,500.
7. 1998 Wide AM
One of the more subtle varieties is the 1998 Wide AM Lincoln Memorial Penny. The letters “A” and “M” in the word “AMERICA” are spaced farther apart than normal, due to a reverse design mix-up. Although minor, this error makes a big difference in value. High-quality examples of this variety have gone for $6,000 or more.
8. 2000 Cheerios Promotional Penny
In 2000, Cheerios cereal boxes included special Lincoln Memorial Pennies to promote the new Sacagawea Dollar. These Cheerios Promotional Pennies were struck on satin-finished planchets, making them distinct from regular circulating coins. Because they were produced in small numbers and never widely released, they’ve become highly collectible. One graded MS-67 sold for about $5,000.
9. 2009 Ultra High Relief Lincoln Bicentennial Penny
To commemorate Abraham Lincoln’s 200th birthday, the Mint released a series of special pennies in 2009. However, a few Ultra High Relief Lincoln Bicentennial Pennies were struck as experimental trial pieces. These coins were never meant for circulation, making them exceptionally rare. One of these rare coins sold for approximately $4,500, mainly because of its exclusivity and fine detail.
Why Are Some Lincoln Memorial Pennies Worth Money?
So, what makes these coins so valuable? Here are the key reasons:
- Mint Errors: Mistakes like doubling, missing mint marks, or incorrect designs often turn ordinary coins into valuable ones.
- Rarity: Coins produced in small numbers or with unique features are always in high demand.
- Condition: Coins graded MS (Mint State) or PR (Proof) are worth much more than circulated versions.
- Historical Appeal: Some pennies, like the Cheerios penny or Bicentennial editions, have added value due to their ties to historical events.
- Collector Demand: The more sought-after a variety is, the higher its market price.
Quick Tips: How to Spot Valuable Pennies
- Check for doubling on letters and numbers.
- Look closely at mint marks, especially missing ones.
- Examine the reverse design for spacing errors.
- Keep an eye out for unusual details like extra lines, ears, or reliefs.
- Use a magnifying glass and reference guide to compare.
FAQs
1. Are all Lincoln Memorial Pennies valuable?
No, only specific varieties with errors, rare features, or special editions are highly valuable.
2. How can I check if my penny is worth money?
Look for unique traits like doubling, wide AM spacing, or missing mint marks. Professional grading services can confirm authenticity.
3. Can I find these rare pennies in circulation?
While rare, some collectors do find valuable Lincoln Memorial Pennies through roll searching or coin collections.
4. Where’s the best place to sell valuable Lincoln Memorial Pennies?
Reputable coin dealers, auctions, or online platforms specializing in collectibles are ideal for selling rare coins.
5. What’s the most valuable Lincoln Memorial Penny?
One of the priciest is the 1960 Small Date Doubled Die Obverse, which can reach up to $30,000 in top condition.
Final Thought
Who knew pocket change could hold such hidden value? These Lincoln Memorial Pennies Worth Money prove that even the most common-looking coins can be worth a small fortune. Take a moment to check your collection—you might just discover a valuable penny waiting to be found. Don’t forget to comment below and share your coin finds, or explore more guides to uncover hidden gems in your change!
