The 1923 small cent is the rarest date among Canadian pennies. In all, the Philadelphia Mint produced 606,045,000 pennies that year. Its why we use dollars and cents, but we still refer to our 1-cent coin as a penny, since thats what they call it in the UK. The 1964 SMS penny's rims have a more square profile, comparable to that of a 1964 proof penny. In the early 1960s, there was a major coin shortage, presumably due to collectors' hoarding of circulating silver coins. The 1964 penny is 19.05mm in diameter (0.075) with a smooth or plain edge. They carry the D mint mark for Denver. But, there are a couple of signs you might have one lying around. 1964 is a year noted for its poor penny mintages, which is why certain errors stand out from other years. We can take as a reference of its current value this 1964 1C SMS SP67 RD which sold for $15,600 in 2019 by HeritageAuctions. Rare 1964 Quarter Errors include: 1964-D Washington, Reverse of 1965 [Also called Type C Reverse, or (RDV-003,)] 1964-D RPM Variety D Over D . 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. The strike is quick and appealing. Uncirculated with perfect brilliance, a sharp and appealing strike, and extremely good eye appeal. [volume] (Juneau, Alaska) 1926-1964, April 26, 1935, Page 3, Image 3, brought to you by Alaska State Library Historical Collections, and the National Digital Newspaper Program. one more thing. Value: $6,347. Until 1989, mint marks were manually placed using a hand-held punch. As always, you will want to get your penny professionally appraised to make sure it is genuine. A total of 3,799,071,500 pennies carry the 1964 minting date. SMS penny that can be worth up to $15600. Login; No Result . One unsold 1964 (P) PR 70 D-CAM was $12,500. This reverse was designed by Frank Gasparro. It is the most expensive patina of the three, and collectors prize it the highest. It's likely that an entire run of 250,000 pennies were printed this way, he said. Step 3: Special Qualities - Certain elements either enhance or detract from value. Apart from extracting the pennys tin content, 1962 and 1963 were experimental years at the mint. 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. They are 6.25 grammes in weight and contained 0.1808 troy ounces of pure silver. Uncirculated with superb luster, no obvious contact marks to the naked eye, and exceptional eye appeal. The coin must have enough detail to be identified. Why Reagan Won: The Conservative Movement 1964-1981 Lower quality versions are valuable as well, with MS60 versions appraised at MS60. Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). The reasons for a penny's value can range from the obvious to the . They include Wheat Pennies (1909 to 1958), War Pennies (1942), Memorial Pennies (1958 to 2008), Shield Pennies (2010 to Date), and Bicentennial Pennies (2009). These are called cud errors, and the BIE is one example. Some U.S. Mint officials blamed coin collectors for the coin shortage. You might find a coin with part of its surface sliced off. Also, click here to Learn About Grading Coins. The RD stands for red, the best color grade for copper coins. With coins as common as these, the most unique patinas are prioritised, so a BN or RB may be discounted, whereas an RD increases the coins worth due to its rarity in common coins. The bust and legends are usually highly detailed and sharp on most . I have a 1963 Lincoln cent Proof no mint mark ,excellent condition. DDO errors (Double Die Obverse) happen if the die shifts while its being formed in the hub. A little history about the 1964 Lincoln cent. Most worn 1964 pennies are worth the value of their copper content or about 2 cents. 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. I . In July of this year (2020), a 1964-D MS66 FS Jefferson Nickel was auctioned off at only $793. The item is very worn, yet the wear is even, and the overall design details stand out clearly. . But 1964 had 196,630,000 San Francisco cents. The material of our penny in question consists of 95% copper and 5% Zinc, weighing a total of 3.11 grams for its 19 millimeters in diameter. I have a nice shiny 1964 D penny. This means they feature the Lincoln Memorial on the back and Lincolns face on the front. At times, it was just a habit and led to people hoarding any coin, whether or not its melt value was profitable. On occasion, a coin (or even a pre-coined planchet) develops a puncture, crack, gash, or hole that goes clear through the coin. But remember, most of these coins were made in 1965, and only the Denver ones have mint marks. Its 19.05mm in diameter (0.75) with a smooth edge and no reeds. However, there are rare 1964. We'll talk more about this in a minute and explain why some of these rare pennies are worth so much: 1964-D penny (Denver) - 3,(about 3.8 billion) minted; 10 to 25+ cents. Lets explore a few of the more common coin flaws, explaining how these mistakes are made and what they cost. Initially, coins were made of gold or silver. Because of this, the Type C Reverse error appears far more detailed than its other counterpart, which is particularly noticeable on the foliage of the coin. Another important quality is the date - only 1964 pennies can be part of this unique group. So these 1963 pennies weigh about 3.11g. In addition, there are two mint marks for their manufacture, a typical factor that distinguishes American coins in price, so one must look at other differences to determine a higher or lower value. Slight evidence of wear on the coins designs high points; may have contact marks; eye appeal should be adequate. Uncirculated with superb luster, no obvious contact marks to the naked eye, and exceptional eye appeal. In the 1963 penny, this hoarding habit made the mint ditch tin. These silver stackers caused changes to the countrys currency policies. The Lincoln memorial is visible behind the presidents bust, and there are abnormalities typical of one mintage over another on the reverse. And while theyre both easy to spot, the flaws vary. Or, perhaps they were intended for a 1964 Special Mint Set possibly including the 1964 Peace dollar. Some 1964 SMS pennies are worth $1,500 or $3,000. It is critical to store our coins in a stable and controlled environment to preserve their original patina. She was the Mint Director at the time, and she believed this would resolve the coin shortage. RB Penny They include Wheat Pennies (1909 to 1958), War Pennies (1942), Memorial Pennies (1958 to 2008), Shield Pennies (2010 to Date), and Bicentennial Pennies (2009). They are believed to have been prototypes struck in Philadelphia or San Francisco for the SMS (special mint set) minted between 1965 and 1967. 6. But 1963 D Error coins can be worth good money, and some are rather rare. This is an abbreviation for Red and Brown, which means its a brown specimen with the typical reddish tones of a newly minted copper coin, similar to the preceding patina. Interestingly, between 1965 and 1967, the Mint didnt make Proof coins. 1964 Dime Value Guide (Incld. In MS 67 RD, they can sell for $5,700. But the typical price for a 1963 penny is 10 to 30 cents. Professional numismatists joined together in the 1970s and established CoinGrading standards. In average conditions, these coins are worth their (copper) melt value of $0.02. And in 1964 particularly, the coins were assumed to come from Philadelphia. Find many great new & used options and get the best deals for Super Rare 1964 D Penny-DDO/DDR "L"ON RIM ! For comparison, I pulled a 1964-D from one of my probably-uncirculated rolls. He faces to the right, and the sculpture is based on a 1907 desk plaque that Victor Brenner designed for Gorham Manufacturing. Coin collecting can be seen as more of an older hobby, thats been having a rival of late. But thats not always the case. Indistinguishable and probably damaged; if used, must have a date and mintmark; otherwise, rather battered. S-Mint mark variety is explored. Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. So collectors were already on the lookout for unusual 1962 and 1963 coins. Uncirculated with perfect brilliance, a sharp and appealing strike, and extremely good eye appeal. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! Both sides of the coin have entire rims that are separated from the field. American pennies are known as Lincoln Cents because theyve carried the portrait of Abraham Lincoln from 1909 to date. Also known as Type C Reverse, or (RDV-003), this variant of the 1964 quarter is actually an error made during the transition between silver-based coins (1964) and copper/nickel coins (1965). The Sheldon Scale is used by numismatists to provide a numerical value to coins. 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. The PR means Proof and refers to coins minted in a particular way for collectors. What are the most valuable 1964 pennies (aka 1964 Lincoln cents)? In comparison, the Denver Mint coined 1,774,020,400. Specialist Dealers, Forums, and Auction Houses But in 1964, both (P) coins from Philadelphia and (S) coins from San Francisco had no mint marks. 1964 Penny Patina. How to recognize the most sought-after patinas. It is the result of superior environmental conservation, or at the very least less exposure to humidity and oxygen than the preceding one, regardless of whether a BN has been rarely circulated but stored in a humid environment. He was the first American President to be featured on any US currency, though others eventually followed. 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. 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). That is why certified capsules are a wonderful option both for this and for knowing the grade as we will see below. The coin has a faded 1951 D in the upper left obverse and a faded Liberty on the right. In the next section, well explore how the grading system work. So now youre probably wondering what, exactly, a 1964 SMS penny is and how you can find one. Ed. It is the most expensive patina of the three, being the most appreciated by collectors. Wow how to tell valuable ones. The main factor to consider is the quality, as in any other coin, as we will see later, but now lets talk about the patina. What we do know for sure is that the SMS 1964 penny is very rare and commands prices in the thousands! One of 'em appears to be missing TWO dots (7X magnification): Actually, under 15X magnification the dots are almost barely noticeable. In 1964, a penny was literally worth about $0.15, giving the MS-63RB an estimate. The best quality SMS penny found so far is rated MS68, just two points off perfect mint condition. 1944-D Lincoln Penny (Zinc-coated steel) 1909-S VDB Lincoln Penny. 1964-P & D Kennedy Silver Half Dollar Set w/ Stamp in Commem Hard Plastic Display. In the 1964 Penny, as in the rest of the modern Lincoln Cent up to 1982, due to its high copper content (95%), there are three different patinas, mostly. An original patina, generated by the years of life of the coin is highly valued by collectors, so you should never clean a coin without consulting an expert since in most cases you will greatly diminish its value. But it could also happen at the planchet stage if the disc got sliced before or during minting. Sold Price: 1964-P & D Kennedy Silver Half Dollar Set w/ Stamp in 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. What does a 1964 D penny weigh . BN Penny After this date, all Washington Quarter coins are composed of a cladding of copper and nickel (91.67 % copper and 8.33% nickel). But first, lets take a closer look at the coins history. This error could happen if the coin fell into some machinery and got chopped. Looking at 1964, silver prices were especially high and silver stacking was a problem. I have a 1963 penny the L in Liberty is on the rim, 1963 Penny Value Guides (Rare Errors, D and No Mint Mark), 19 Most Valuable Canadian Penny Worth Money, 19 Valuable Lincoln Memorial Penny Worth Money, 1945 Wheat Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1974 Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1968 Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1944 Steel Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1940 Wheat Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1929 Wheat Penny Value (Rare Errors, D, S & No Mint Mark), 1980 Half Dollar Value (Rare Errors, D, S & P Mint Marks), 1944 Nickel Value (Rare Errors, D, S & P Mint Marks), 1971 Quarter Value (Rare Errors, D, S & No Mint Marks), 1911 Wheat Penny Value (Rare Errors, D, S & No Mint Marks), 1979 Nickel Value (Rare Errors, D, S & No Mint Marks). Step 2: Grading Condition - Judge condition to determine grade. His initials, FG, sit on the right of the memorial steps. Slight traces of wear, no severe contact marks, almost full mint shine, and great eye appeal. See here. Its easy to spot the doubling on the words and numbers, so check the mint date with a microscope if you need to. 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. Any of those stages can create off-center errors if the metal moves. Shop Now 1977-D Lincoln Cent 50 BU Coins FEDERAL RESERVE BANK Wrapped If its 50% off-center, it can sell for $50 to $100. Bucki estimates that a 1992 Close AM coin . The 1963 Penny is a Lincoln Memorial Penny. One of the areas where the strong details show really well on the 1964 SMS penny is its rim. Basically, silver hoarders removed 90% of silver dimes, quarters, and half dollars from circulation in the early 1960s, resulting in a serious coin scarcity. Coins manufactured here are never given a mint mark unlike coins minted in Denver (D) or San Francisco (S). Circulated 1964 pennies with no errors or special varieties are worth approximately 2 to 3 cents. There is little if any, central detail left. 9 what makes a 1964 d penny rare is highly appreciated - DVTT A quarter ounce of pure silver is contained in each silver quarter. The rest of the coin is raw planchet, so its blank. Coleccionistasdemonedas.com Estimated Value of 1964 Penny is: Want to know if your coin have a valuable patina? The word QUARTER DOLLAR appears beneath the eagle, indicating the coins face value. But this drastic flaw is only worth $30. The SMS (Special Mint Set) Penny is the most valuable example of the 1964 Penny, and it comes with a pretty interesting story of why it exists.