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However, there wasnt actually a full set of 1964 SMS coins produced, so while well never know for sure why these coins exist, its possible that 1964 SMS pennies and other SMS coins were minted as prototypes for the 1965 Special Mint Sets. Then, if you wish to sell it, enter it in a coin auction or offer it to a coin dealer who can pay you what its really worth: To determine the true value of your 1964 penny, you first need to know what condition (or grade) your coin is in. A penny saved might just be 8,500,000 pennies earned. I also have a 1975 no mint js dime that everyone says theres only 2 in existence. 1964 D Jefferson Nickels Pre-War Composition. 1964 D Penny. Even without any great monetary value, the sentimental value of a coin from a year that is special to an individual can make all the difference in its value. The word QUARTER DOLLAR appears beneath the eagle, indicating the coins face value. Sometimes, a coin is stamped on a planchet with the wrong denomination, metal mix, or even another country! Another important quality is the date - only 1964 pennies can be part of this unique group. 1964 Penny Value Guide (Incld. Like most pennies produced between 1962-82, the metal value of the 1964 penny exceeds the face value and is worth around 2c. But in 1964, both (P) coins from Philadelphia and (S) coins from San Francisco had no mint marks. Passed from hand to hand and used from purchase to purchase, each coin can tell a story, so its no surprise that coins appeal so greatly to collectors. Coin collecting can be seen as more of an older hobby, thats been having a rival of late. In the early 1960s, there was a major coin shortage, presumably due to collectors hoarding of circulating silver coins. A multiple minting fault can be seen on this 1964 cent. Not really. Step 2: Grading Condition - Judge condition to determine grade. Check your inbox or spam folder to confirm your subscription. 1964 Dime Value Guide (Incld. Read on to find out what makes these 16 coins the most valuable U.S. pennies, based on over 250,000 public records and auction sales figures. With, a total of 3,799,071,500 coins were minted. 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+. Most examples of this issue are valuable for coin collectors anyway. A 1964 D in MS 67 RD sold for $456. Coins were originally evaluated using words to reflect their condition (Good, Fair, Excellent, Etc.). The 1964 SMS pennys rims have a more square profile, comparable to that of a 1964 proof penny. 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. Slogans Grade MS65 = $19-$31. The 1962 Lincoln Memorial penny made at the Philadelphia Mint is a largely common coin in that hundreds of millions were made. 1964 Quarter Series 1) 1964 Quarter With No Mint Mark. However, you can also make sure by weighing the coin. In this error, the silver 1964 coin has been struck using a die intended for the copper/nickel coins. Both sides of the coin have entire rims that are separated from the field. Wiki User. Its possible that yours might be a type of rare 1964 penny worth more than $5,000. Edges Final thoughts about the value of 1964 penny. Citizens hoarded coins for bullion, relying on their melt value. 1964 Pennies is a Memorial Cents. So in theory, 1964 pennies are rare. In this 1964 penny, we can appreciate a multiple minting error. A total of 3,799,071,500 pennies carry the 1964 minting date. Multiple slogans are written on the 1964 Quarter. Coins were originally evaluated using words to reflect their condition (Good, Fair, Excellent, Etc.). 1881 & 1882 Indian Head Cents Collector Panel w/ Commem Native American Stamps. The reverse (tails side) of the 1964 Penny features the Lincoln Memorial. 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. Proof pennies are struck on burnished planchets with specialty dies. Therefore, 1964 SMS penniesarent the types of coins you will find in ordinary pocket change. If we talk about the 1964 Penny Lincoln Cent, the. 1964 Penny mintmark "D": Denver. The Story Behind The Rare 1964 SMS Penny It's a long story, but I'll zip right to the main points: There was a major coin shortage in the early 1960s due to silver hoarders removing 90% silver dimes, quarters, and half dollars from circulation. But the typical price for a 1963 penny is 10 to 30 cents. 1964 SMS pennies have turned up before in estates and in other seemingly ordinary situations. Officially, the coin minting section of the San Francisco Mint was closed from 1955 to 1968. 6. Because Lincoln Pennies are still in circulation, they are more likely to be encountered in ordinary life than other rare coins. I also have quartersand nickels with double die. This error is perfectly visible as we can see the Lincoln memorial behind the bust of the president, and on the reverse, we also see deformities typical of one mintage over another. The following few years saw a coin shortage. At least half the pennies that have the 1964 mint date were coined in 1965. For instance, a "mule penny" has the relatively obvious error of a dime design on its reverse. A coin microscope is useful for checking DDOs and DDRs. But heres a 1964 D Struck on a 1963 D. You can see the reverse memorial silhouette under the obverse Lincoln and vice versa. He faces to the right, and the sculpture is based on a 1907 desk plaque that Victor Brenner designed for Gorham Manufacturing. Coins manufactured here are never given a mint mark unlike coins minted in Denver (D) or San Francisco (S). In the 1960s, the Special Mint Sets had one coin of each denomination, and the SMS coins had a satin-like (occasionally proof-like) finish. 1964-P & D Kennedy Silver Half Dollar Set w/ Stamp in Commem Hard Plastic Display. There are also proof coins (list of U.S. They include Wheat Pennies (1909 to 1958), War Pennies (1942), Memorial Pennies (1958 to 2008), Shield Pennies (2010 to Date), and Bicentennial Pennies (2009). There are actually three Lincolns on the same coin! They resemble proof coins, but while proofs and other coins are struck multiple times, SMS coins are only struck once, with higher pressure to ensure clarity and make up for the missing strikes. They replaced the earlier wheat stalks with a sculpture of the Lincoln Memorial for the next fifty years or so. Professional numismatists joined together in the 1970s and established CoinGrading standards. SMS penny that can be worth up to $15600. The L in Liberty is missing. If we talk about the 1964 Penny Lincoln Cent, thepatina is a factor of great importance. They were coinage in two U.S Mints since San Francisco Mint stopped manufacturing these cents in 1955: These Sms coins are still a mystery today. 8. And, as in most years, the United States Mint struck a limited number of 1964 proof pennies as well. 1914-S Lincoln Penny. But in the numismatic space, especially for penny enthusiasts, a slight shift in the metal composition made 1963 1-cent coins valuable. 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. The 1923 small cent is the rarest date among Canadian pennies. But the typical price for a 1963 penny is 10 to 30 cents. Yes! One of the areas where the strong details show really well on the 1964 SMS penny is its rim. 5% off-center errors can fetch $3 while a 10% off-center could raise the price of a 1963 penny to $10. These coins can range in value from 15 cents to $5. This is a great option for getting started in a Lincoln Cent collection or, in general, U.S. coin collection, as pennies are the most collected U.S. coin in the world. The coin must have enough detail to be identified. You may have noticed a coin graded as PR or PF. @Joe, My friend I'm trying to find out the same answer as you; but what I've learned is, basically look for mistakes on them, how good of shape, getting a penny graded is like 37.00$ so, research, research, research bro. 1969-S Lincoln Penny-Doubled Die Obverse. Step 3: Special Qualities - Certain elements either enhance or detract from value. The coin must have enough detail to be identified. PCGS appraises a MS68 SMS Penny at a whopping $27,500. Canada 1984 5 Cent Nickel Coin IDJ303. More on that later. 1-cent coins from 1909 to 1958 were called Wheat Pennies while the 1959 to 2008 ones were Lincoln Memorial Cents. The 1964 D Lincoln Penny is 95% copper and 5% zinc composition, a total weight of 3.11 grams, and a diameter of 19 mm. In fact, the 1964 Lincoln cent is one of the most common pre-1982 Lincoln Memorial pennies youll find in circulation today! This is because numismatists will sometimes seek coins with specific dates and mint marks, so Mary believed coins without mint marks wouldnt interest them. The finer details are bold and clear, however, light wear may be seen. No Result . Looking at 1964, silver prices were especially high and silver stacking was a problem. It is the most expensive patina of the three, and collectors prize it the highest. This is because the 1964 Penny is comprised of 95% copper and 5% zinc and weighs around 3.11g. Indistinguishable and probably damaged; if used, must have a date and mintmark; otherwise, rather battered. As you can see, the 1964 Lincoln penny was struck by the billions upon billions. But thats not always the case. So if you were looking, those 1M verified 1965 (P) cents could be priceless. The most notable quality is the illustrious, vivid finish on the coin. So, how can you tell if you have one of these coveted coins? Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. How Can You Tell If A 1964 Quarter Is Silver? Yes, the 1964 SMS pennyreally is rare and it really is worth $5,000! On most antiques and vintage items, an error can reduce the value to zero. If you buy thru these links, we may earn a commission at no additional cost to you. Please note that I only deal in rare coins which are unique. Where is the mint mark on a 1964 penny? The US Mint solved this by switching to base metals like tin, nickel, copper, and zinc. Gem Unc Roll (20) Large Australia 1964 Half Penny's~Kangaroo~Last Year~Free Ship This product data sheet is originally written in English. A 1963 P No Mint Mark in MS 67 was auctioned for $6,613 in 2012. Online Marketplaces This MS64 BN copy was sold for $4,312.50 at Heritage Auctions in 2009 pretty bad for a penny! Additionally, due to its low mintage, the 1964 dime is a difficult coin to find in . But since so few of these coins show their true mintage year, you cant tell which ones are from 1964 and which ones are from 1965. Have 1 64 that looks like it's has doubling on the obverse of the penny.I realized that both San Francisco mint & The Philadelphia mint both places had no mint marks on there pennies? Over 3.5 million I believe weren't produced until 1965. Also, in most years, no mint mark means the coin came from Philadelphia. In this case, a piece of fabric blurred Lincolns features and left a mesh-like weave on the coin. The rest of the coin is raw planchet, so its blank. One of 'em appears to be missing TWO dots (7X magnification): Actually, under 15X magnification the dots are almost barely noticeable. Greenish or bluish tints, which are common in this metal, can be visible in some specimens with this patina that have not been circulated very often, making it much more remarkable. The Philadelphia Mint released 2,451,945,000 dated 1964, though about a billion of these were struck in 1965. Click here to Learn How to use Coin Price Charts. But that's the monetary value, not the collectible value. This detail is lost on many circulated coins, so if you can see it, you have a top seller! Ed. . I have a D over S mint mark on 1964 penny. Lower quality versions are valuable as well, with MS60 versions appraised at MS60. According to . Save my name, email, and website in this browser for the next time I comment. One was sold for $7,900. In 1959 U.S Mint decided the Lincoln cents change its familiar Wheat Reverse to a design commemorating the Lincoln Memorial (more about 1959 Lincoln Cent). 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. The Lincoln Cent was introduced in 1909 to celebrate a hundred years since President Abraham Lincolns birth (12th February 1809). Although most of them will not have great value, checking your pockets can make you a lot of money if you find some rarities like the ones seen here. The rarest examples of 1964 Quarters are those with errors that were briefly listed above. Some 1964 SMS pennies are worth $1,500 or $3,000. The obverse (heads side) of the 1963 penny has a portrait of Abraham Lincoln. Professional numismatists joined together in the 1970s and established CoinGrading standards. Over 2.5B coins were produced in total, and none of them came from San Francisco. 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. The special finish for the 1964 SMS Lincoln cents is characterized by a nice, smooth, satin-like finish. Some officials at the United States Mint blamed coin collectors for the shortfall. Out of the nearly 6.5B 1964 pennies, only 3.8B have mint marks. 1964 Dime Value Guide (Incld. Free shipping for many products! Looks like its been struck 3 times, the weight is right for that year and its ok condition. According to the United States Mint, only 316,076,000 1964 dimes were struck. Their meanings are as follows: As a general rule of thumb, you can tell if your quarter is silver by checking the date. In MS 62, one coin sold for $4,600. In AU 58, the coin sold for over $1,800. American pennies are known as Lincoln Cents because theyve carried the portrait of Abraham Lincoln from 1909 to date. I have a 1964 D penny and the vertical leg on the 4 is missing. USA Coin Book Estimated Value of 1964-D Lincoln Memorial Penny is Worth $0.17 to $1.16 or more in Uncirculated (MS+) Mint Condition. at the best online prices at eBay! More than 300,000,000 wheat pennies were produced at the Denver mint in 1946, so they are not considered very rare either. So collectors were already on the lookout for unusual 1962 and 1963 coins. Outside of special examples, this coin holds its value a lot better and is sold online for between $1-12 on average. You can spot one by weighing it, checking the design, or verifying the coloration. Rare Varieties) How do I . 1999 Wide AM. After 1982, the penny changed to 97.5% zinc with a 2.5% copper coating. Visiting specialist dealers, internet forums like Coin Community, and auction houses for more uncommon specimens of this Penny, mostly error types or outstanding quality coins, provides buyers and sellers with piece of mind, as the coins for sale have already been graded. Rob Paulsen Coin 1964 Penny Value Guides (Rare Errors, D, SMS and No Mint Mark). Real Helpful. The 1964 Quarter has a ridged edge comprised of 119 reeds. For now, lets start with a 1963 Penny Value price chart. Thus, the U.S. Mint devised the SMS (Special Mint Sets) from 1965 to 1967 to eliminate the shortage of circulating coins. But the gold rush dropped prices and the market developed an appetite for silver. Others are worth more than the $5,000 average value listed here. This means they feature the Lincoln Memorial on the back and Lincolns face on the front. Lot 34: . As a result of this presidents lobbying, the Lincoln Cent was developed by sculptor Victor David Brenner. A 1964 penny costs about $0.15 and is MS-63RB quality. They carry the D mint mark for Denver. In PR 67 D-CAM, its $200. The most famous error coin may be the infamous 1955 Lincoln penny. How much is a 1964d penny worth? So, while all 1962 Lincoln Memorial cents are worth more than face value, just how much more than face value are your 1962 pennies worth?. In the 60s, several silver coins were switched over to the Johnson Sandwich, a mixture of copper and nickel to replace the silver. And, check out why numerous state quarters from 1999 to 2008 are now worth hundreds of dollars . 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. Current Bid: USD 24.95 Bid Online More Lincoln Memorial (1959-2008) from auctioneer: . But eventually, to try and stop the public from hoarding coins, the Mint produced 1965 to 1967 Special Mint Set coins without any mintmarks. So during contentious years, even the coins made of copper, nickel, or tin got hoarded. On occasion, a coin (or even a pre-coined planchet) develops a puncture, crack, gash, or hole that goes clear through the coin. In 1963, Philadelphia made 757,185,645 pennies, and 3,075,645 were proof coins. This movement caused some doubling on the word America and FGs initials, though the error is seen most clearly on proof coins. Source. RB Penny Slight traces of wear, no severe contact marks, almost full mint shine, and great eye appeal. With coins as common as these, priority is given to the most special patinas, so a BN or RB may be undervalued, while an RD makes the coin more expensive because it is so rare in common coins. Uncirculated with superb luster, no obvious contact marks to the naked eye, and exceptional eye appeal. I have a 1963 Lincoln cent Proof no mint mark ,excellent condition. He was the first American President to be featured on any US currency, though others eventually followed. If you suspect you have an SMS Penny, you should definitely take your coin to a reputable dealer, expert, or grading service for conformation. Both sides of the coin have entire rims that are separated from the field. Signed/Inscribed by Gill on front endpage. The portrait of President George Washington on the obverse face, as seen when held in the palms, is facing left. In 1963, the Philadelphia Mint made 757,185,645 Lincoln Memorial Cents. These coins have a smooth finish and are not reflective with much clearer details, particularly on the rim. If dated before 1965 then your coin is silver. This is common during wars when nickel and copper were replaced with zinc, steel, or tin. Other special pennies. The 1964 D penny (another variation) and the 1964 penny without a mint mark are each worth about $0.15 in uncirculated condition. Seller Notes: "Original uncirculated coins in old bank roll. 1967 Quarter Value Guide Strictly uncirculated; no indication of wear on the coins highest points, but an unsightly coin with reduced luster, visible contact marks, hairlines, and other flaws. But although theyre all stamped 1964, close to 2B of these coins were produced in 1965. That is why it is not a bad idea to resort to TPG (Third Party Grading Service). The 1964 penny value has a minimum of $0.15 regardless of whether it carries a mint mark or not. As a result, all coins minted with that flawed die will have the same double die error.