Are any 1959 pennies worth anything?
The 1959 penny with no mint mark is worth around $0.20 in uncirculated condition with an MS-63RB grade. The value is around $0.30 in uncirculated condition with a grade of MS-65RD. The 1959 D penny is worth around $0.50 in uncirculated condition with an MS-63RB grade.
How do I know if my 1959 penny is worth anything?
The only 1959 pennies worth more than 2 cents are: Those that contain rare errors or varieties….Here’s what 1959 uncirculated and proof pennies are worth:
- 1959 penny — 609,715,000 minted; 25 to 50+ cents.
- 1959-D penny — 1,279,760,000 (1.27 billion) minted; 25 to 50+ cents.
- 1959 proof penny — 1,149,291 minted; $2+
Why is a 1959 d penny worth so much?
It’s possible that as time goes on, coin collectors may be able to identify what pair of dies was used in striking the 1959-D penny error. If they can do this, or if one of the slabbing services like PCGS or NGC decides to certify and encapsulate the coin, the 1959-D wheat cent may become worth even more.
What is a 1959 D mule penny?
In 1986, a retired police officer named Leon Baller announced that he bought a 1959-D Lincoln cent with a wheat reverse design. This type of coin is referred to as a “Mule,” since all 1959 cents should have a memorial reverse design. This is a method used to make fake coins.
Is a 1959 D penny rare?
As a new type, 1959 Lincoln cents struck at both the Philadelphia and Denver Mints were saved in large quantities. The 1959-D Lincoln cents become rare in the highest grades, as shown at a February 2016 auction by GreatCollections when the online auctioneer sold a 1959-D Lincoln cent graded PCGS MS-67+ red for $3,432.
How much does a 1959 D penny weigh?
3.11 grams
The year 1959 was the 150th anniversary of Abraham Lincoln’s birth. From 1959–1962 the penny was made up of 95% copper, 5% tin and zinc. However, from 1962–1982, the composition of the penny was changed by removing the tin, making the penny 95% copper and 5% zinc. They all would weigh in at 3.11 grams.
What is the error on a 1959 penny?
In the case of the 1959-D Lincoln Mule Memorial Penny, the coin bears the 1959 date, but the reverse has the original Wheat Ear reverse. This error suggests that the coin was struck with a die that had the 1959 date, but a reverse that wasn’t updated.
Is a 1959-D penny rare?
How do I know if my coins are worth anything?
“The three variables that determine the value of a coin are: how many were minted, the grade or condition of the coin, and the demand,” Gillis said.
How much is a 1959-d wheat penny worth today?
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 1 cent, while one in certified mint state (MS+) condition could bring as much as $60 at auction.
Is a 1959 penny worth anything?
If you find any 1959 penny in your pocket change, keep it! Again, they’re all worth at least 2 cents — so you’re doubling your money! The only 1959 pennies worth more than 2 cents are: Those that contain rare errors or varieties. Those that have never been worn.
What is the value of a 1959 uncirculated Penny?
Here’s what 1959 uncirculated and proof pennies are worth: 1959 penny — 609,715,000 minted; 25 to 50+ cents. 1959-D penny — 1,279,760,000 (1.27 billion) minted; 25 to 50+ cents.
Are Lincoln pennies worth anything?
As far as business-strike Lincoln Memorial pennies, the kind struck for circulation (and lacking errors), the short answer essentially is no – Lincoln Memorial pennies generally are not valuable. In fact, typical pieces are worth only face value if worn, and only a tiny premium if in average uncirculated condition, except for a few cases.
What is the value of a 1959 D Lincoln cent?
The 1959-D mule penny sold for $50,000 in 2019, after being offered by famous numismatic auctioneers Ira & Larry Goldberg. It’s possible that as time goes on, coin collectors may be able to identify what pair of dies was used in striking the 1959-D penny error.