The coin must have enough detail to be identified. Specialist Dealers, Forums, and Auction Houses Due to its satin sheen and lack of reflection, the penny 1964 D is uncommon. After 1982, the penny changed to 97.5% zinc with a 2.5% copper coating. One such coin in the 1963 Split Serif Penny. Item No : 385454464531; Condition : --Category : Coins & Paper Money > Coins > US > Mint Sets; Seller : pbcoinsandcollectibles See more from this seller; Items Specifications - Circulated/Uncirculated : Uncirculated Moderately weathered, with some finer features still visible. Certain errors can greatly increase their value, mainly due to their being extremely scarce (limited number) and in high demand by collectors of American coins. Let's take a look at each of these tonal variants in more detail. Both types of the same 1964 Jefferson Nickels mint have seen their prices drop since their 2008 and 2009 highs. In MS 62, one coin sold for $4,600. My love for coins began when I was 11 years old. As a result, all coins minted with that flawed die will have the same double die error. It could be the same mint mark punched two, three, or four times. 1964 Quarter Series 1) 1964 Quarter With No Mint Mark. Heritage Auctions sold it for $1,440 in 2020, and it was graded MS64 RB. 1967 Quarter Value Guide, 12 Most Expensive Restaurants in Philadelphia, 10 Most Expensive Camera Lenses You Can Ever Buy. This means the planchets are burnished before striking and the dies are specially processed to add clarity, definition, fine detail, and shine. Collectible - Good. Lower quality versions are valuable as well, with MS60 versions appraised at MS60. And, half of them weren't even produced until 1965? As such, the 1964-D is the most common coin in a series full of common coins, but collecting by condition and strike may present challenges. A penny saved might just be 8,500,000 pennies earned. Others are worth more than the $5,000 average value listed here. She believed the hoarders were collectors rather than smelters. In 2013, one of these coins in MS 67 sold for $2,820. Vintage 1/2 Half Cents - 1961, 1962, 1963 and 1964 - South AfricaSold separatelyCan also be sold as. This movement caused some doubling on the word America and FGs initials, though the error is seen most clearly on proof coins. On the right of the building, a tiny FG verifies the reverse designer as Frank Gasparro. But it could also happen at the planchet stage if the disc got sliced before or during minting. Because most 1974 Lincoln pennies are common and have a low value, buying and selling them on internet markets like eBay is a great and convenient choice. COIN5555 U.S. AND FOREIGN . During the 1960s, specie prices were rising, so citizens were silver stacking. Theyre worth 2 cents, based on the melt price of copper in November 2022. 1866 Indian Head Cent - PCGS FR02 - RARE KEY DATE!! Their meanings are as follows: As a general rule of thumb, you can tell if your quarter is silver by checking the date. @Joe, My friend I'm trying to find out the same answer as you; but what I've learned is, basically look for mistakes on them, how good of shape, getting a penny graded is like 37.00$ so, research, research, research bro. One of its edges extends into an extra 64 on the obverse and a blurred United on the reverse. The 1964 D penny (another variation) and the 1964 penny without a mint mark are each worth about $0.15 in uncirculated condition. Quarters without mint marks were minted in Philadelphia. Notably, he was the first well-known human on any US currency. Anyone want to look at it be my guest and have a mule 1999 georgia quarter? He made the original reverse too. The U.S. Mint blamed coin collectors for the coin shortage. And, check out why numerous state quarters from 1999 to 2008 are now worth hundreds of dollars . A penny is a 1-cent coin in the United Kingdom, and here in the US, as a relic of colonial times, we call our 1-cents pennies as well. The rim of the 1964 SMS penny is one of the locations where the outstanding details really stand out. 6. Some experts suspect that the 1964 pennies could have been a prototype for the later pennies. In the early 1960s, there was a major coin shortage, presumably due to collectors hoarding of circulating silver coins. In this 1964 penny, we can appreciate a multiple minting error. What is rare about 1964 d penny? Coins were originally evaluated using words to reflect their condition (Good, Fair, Excellent, Etc.). At the portraits shoulder cut-off, VDB identifies Victor David Brenner as the obverse designer. Pennies (or Lincoln Cents) are often subcategorized by their design. All quarter coins manufactured between 1932 and 1964 contain 90% silver and 10% copper. Lower quality versions are valuable as well, with MS60 versions appraised at MS60. The Legend of The Rare Penny, 1964 SMS It's a lengthy tale. If we talk about the 1964 Penny Lincoln Cent, thepatina is a factor of great importance. SEE PICS Also " W On Staircase ! But the gold rush dropped prices and the market developed an appetite for silver. The 1907 Indian Head pennies are over a hundred years old and are abundant on the coinage market. If you think you have a 1964 SMS penny, you should have it certified by a reputable 3rd-party coin grading firm such as PCGS, NGC, ICG, or ANACS. Its possible that yours might be a type of rare 1964 penny worth more than $5,000. So collectors were already on the lookout for unusual 1962 and 1963 coins. It is the most expensive patina of the three, and collectors prize it the highest. These coins were minted at the Denver Mint, and the total mintage was almost 4 billion coins. The reverse (tails side) of the 1964 Penny features the Lincoln Memorial. A 1964 SMS penny's detailing and strike are also crisper, and the rims have a . The following are the most common coin grades: There are a variety of options when it comes to buying and selling 1964 quarters, such as eBay, currency converters, estate sales, online auctions, specialist coin dealers, and even to scrap merchants for their intrinsic metal value. This page also shows coins listed for sale so you can buy and sell. Only two mints made pennies in 1963 Denver and Philadelphia. The Daily Alaska empire. 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. Instead, the San Francisco cents are lumped with Philly cents and labeled No Mint Mark 1964 Cents. This reverse was designed by Frank Gasparro. But the typical price for a 1963 penny is 10 to 30 cents. 1964 proof penny - 3,950,762 minted; $1+ 1964 SMS penny (special mint set) - approximately 30 estimated to be minted; $5,000+. An extra I seems to sit between the B and the E. Its a die break and its worth $5. He was the Assistant Mint Engraver at the time, but he got promoted to Chief Engraver in 1965. But this drastic flaw is only worth $30. The lower collar has the denomination, One Cent, spelled out in a large font. Interestingly, between 1965 and 1967, the Mint didnt make Proof coins. MALAWI 1978 ONE OZ SILVER PROOF LIKE COIN RARE ROYAL MINT 10 KWACHA SILVER PROOF LIKE COIN RARE IN THIS CONDITION ONLY 4000 MINTED ONLY $75 YOU CAN PICK UP OR I CAN SHIP AUSTRALIA WIDE. 1964 Pennies is a Memorial Cents. Initially, coins were made of gold or silver. Outside of special examples, this coin holds its value a lot better and is sold online for between $1-12 on average. This makes the 1964 dime one of the lowest mintage regular production dimes in the entire 20th century. Value: $3,673. Signed/Inscribed by Gill on front endpage. The bust and legends are usually highly detailed and sharp on most . Easy, just below the date of coinage. The RD stands for red, the best color grade for copper coins. 1914-S Lincoln Penny. The lower collar of the coin reads One Cent in a massive font. Initially, the penny was 95% copper with the remaining 5% being a mixture of tin and zinc. And in 1964 particularly, the coins were assumed to come from Philadelphia. The 1964 SMS pennys rims have a more square profile, comparable to that of a 1964 proof penny. I have two 1964 coins and Im unsure if they are of value. This penny sells for $20 in MS 62 RB, $40 in AU 53 B, and $305 in MS 65 RD. Professional numismatists joined together in the 1970s and established CoinGrading standards. Multiple slogans are written on the 1964 Quarter. Or it could be marks from different mints. Officially, the coin minting section of the San Francisco Mint was closed from 1955 to 1968. Theres a dot after the E and on both sides of the Unum. 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. Important national events such as those listed above can add sentimental value to coins from this year, and aside from any monetary value found in the coin, can be enough reason for individuals to collect coins, which is the beauty of the hobby. 1964 Penny Value Guide (Incld. However, you can also make sure by weighing the coin. It weighs 3.11g. So lets authenticate the 1964 Penny Value. This article highlights the history of the Jefferson nickel . US $11.98. Minted at: Denver. Looking at 1964, silver prices were especially high and silver stacking was a problem. Another important quality is the date - only 1964 pennies can be part of this unique group. 1902 Indian Head Cent - Great Detail!! Some 1964 SMS pennies are worth $1,500 or $3,000. What Is a Kennedy Half-Dollar Coin Worth? I have been trained in numismatics by the University of Murcia. Coins were originally evaluated using words to reflect their condition (Good, Fair, Excellent, Etc.). His initials, FG, sit on the right of the memorial steps. 1942 Lincoln Penny Value. The portrait of President George Washington on the obverse face, as seen when held in the palms, is facing left. They include Wheat Pennies (1909 to 1958), War Pennies (1942), Memorial Pennies (1958 to 2008), Shield Pennies (2010 to Date), and Bicentennial Pennies (2009). In the next section, well explore how the grading system work. But since the absence of a mint mark could mean Philly or Frisco, some can sell over $10,000. But although theyre all stamped 1964, close to 2B of these coins were produced in 1965. Value: $6,347. A strike-thru (sometimes graded as strike-through or struck-thru) is when a foreign object gets between the die and the planchet during minting. Extremely rare lincoln 1964 D cent Planchet error, Major Die Brake x 4 cud. What does a coin collector look for in the first place? Bucki estimates that a 1992 Close AM coin . So during contentious years, even the coins made of copper, nickel, or tin got hoarded. But sometimes, the die might strike a coin that already passed through the mint. Rare series: Cameo type editions, SMS coins and D variants, List of most highly-priced 1964 penny errors. Because of its high silver content, 1964 Quarters are worth far more than their face value (25c); in fact 16x more. But the first three were war metals. Or you might just have a regular, worn 1964 penny worth 2 to 3 cents. The Lincoln Cent was introduced in 1909 to celebrate a hundred years since President Abraham Lincolns birth (12th February 1809). Lets explore a few of the more common coin flaws, explaining how these mistakes are made and what they cost. The proof coins were made in Philadelphia too about 3M of them. Is the list above a little overwhelming? PCGS graded 3 unsold 1964 D Pennies in MS 67+ at $4,750. First off, there were no SMS pennies in 1964, so when you say 1964 SMS, you probably mean 1964 Special Strike. 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 Sheldon Scale is used by numismatists to provide a numerical value to coins. To deal with coin hoarders and silver stackers, the mint tried different metals and non-metals such as vanadium, antimony, aluminum, silicone, and even plastic as replacements for specie coins. I have a 1964 no mint bn brown penny and other coins like 69 s mint penny and 44 d and a 45 d penny. View All Result . Heritage Auctions sold this MS64 BN copy for $4,312.50 in 2009 not bad for a penny! Yes, the 1964 SMS pennyreally is rare and it really is worth $5,000! I have a D over S mint mark on 1964 penny. Special Strike and/or SMS coins are often mistaken for proof coins. At the back, you see America, the T in Cent, and part of the memorial. On some coins, you can spot the doubling (or tripling or quadrupling) at a glance. In 1964, only Denver pennies had mint marks, so a coin with a re-punched D could be worth a few dollars. According to . But as we said earlier, planchets (disc-shaped coin blanks), dies, and hubs are all struck multiple times before you get the finished product. I have a 1964 D penny and the vertical leg on the 4 is missing. Then there are the 1964 SMS pennies. Certain errors can greatly increase their value, mainly due to their being extremely scarce (limited number) and in high demand by collectors of American coins. The higher the grade, the higher the price increases exponentially, since it is a factor of great importance, especially in coins that tend to circulate a lot, as in the case of cents. 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). one more thing. 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. As well see below, certified capsules are an excellent choice for both this and knowing the grade. 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. Over the next few years, this practice of omitting mint marks would be extended to other coins under Mary Adams. Features such as its condition, grade, and patina make it a highly sought-after piece by coin collectors. A total of 3,799,071,500 pennies carry the 1964 minting date. We'll talk more about this in a minute and explain why some of these rare pennies are worth so much: 1964 Philadelphia penny (no mintmark) - 1964-D penny (Denver mintmark under the date) - 1964 proof penny - 3,950,762 minted; $1+ 1964 SMS penny (special mint set) - approximately 30 estimated . In PR 67 D-CAM, its $200. The obverse (heads side) of the 1963 penny has a portrait of Abraham Lincoln. On the 1964 SMS penny, the overall strike and details are substantially clearer than on a circulation strike. One 1963 MS 62 RB that was 45% off-center sold for $250. But, there are a couple of signs you might have one lying around. Coleccionistasdemonedas.com Estimated Value of 1964 Penny is: Want to know if your coin have a valuable patina? 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 1964 Cent is a . Citizens hoarded coins for bullion, relying on their melt value. 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. Moderately weathered, with some finer features still visible. 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. Therefore, to discourage the public from hoarding coins, the Mint issued all Mint Special Set coins from 1965 to 1967 without any mint mark. Whereas, this 1994 error penny sold for $2,900 because of a barely noticeable extra column on the reverse. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); I've got the 1963 an 1964 pennies a few 1944 an 1945 1959 19631964dx2 an 19661967 1968an 1969 pennies for sale also call4232374497, I have two of these not sure if the big boy how can I tell. The Blakesley effect, where the opposing edge of the coin displays weakness around the rim because the metal did not fully fill the dies and collar, causes this form of clipped planchet. Unfortunately, 1964 pennies are usually worth next to nothing. A quarter ounce of pure silver is contained in each silver quarter. The word LIBERTY appears above his head, while the minting date is printed slightly to the left, below his head. Other special pennies. Read more in our privacy policy. In MS 64 BN (Brown), it sold for $4,000. Most worn 1964 pennies are worth the value of their copper content or about 2 cents. Free shipping for many products! The finer details are bold and clear, however, light wear may be seen. Nope. They also produced 3,950,762 proof coins. 1872 Indian Head Penny. But SMS (Special Mint Sets) contain a coin from every denomination thats circulating at the time. These are grading companies dedicated to evaluate and grade our coins according to their condition. Well talk more about this in a minute and explain why some of these rare pennies are worth so much: *Values are for coins in uncirculated grade, proof finish, and special mint set finish. Rare 1963 pennies in high grades can sell for up to $40,000 in superior proof condition. Uncirculated with great mint shine, very little contact blemishes, and exceptional eye appeal. Required fields are marked *. . Its a rarity though, because 2 steps down, an MS 64 RD only sold for $20. 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. It also helps to note that no San Francisco pennies were minted in 1963, so no S marks exist. 1935 Buffalo Nickel Value Guides (Rare Errors, D, S and No Mint Mark), How Much is a 1934 $20 Bill Worth? Rare Pennies. A 1964 penny struck on a clad dime planchet weighs 2.3g (instead of the usual 3.11g). The impressions overlap and overall the mint mark, in this case, a D looks like it has been pressed far more deeply into the coin. Because Lincoln Pennies are still in circulation, they are more likely to be encountered in ordinary life than other rare coins. A 1964 nickel is worth approximately 5 cents on today's market. Step 3: Special Qualities - Certain elements either enhance or detract from value. But 1964 had 196,630,000 San Francisco cents. The second MS 66 coin is a Deep Die Cap so the obverse seems weirdly sunken and the reverse is raised. What makes a 1964 D penny rare? As dies get older, they develop cracks and breaks than can transfer onto the coin. The item is very worn, yet the wear is even, and the overall design details stand out clearly. 1964-D penny (Denver) - 3,799,071,500 (about 3.8 billion) minted; 10 to 25+ cents. Also, starting late in 1962, the tin was quietly removed from 1-cent coins. You probably know the United States used to be a British colony. VDB appears on the shoulder cut-off to identify the designer, Victor David Brenner. As we have already said, the 1964 Penny is quite common in general, but certain exceptions are very valuable, and it is worth knowing at least some of them in case we come across similar specimens. S-Mint mark variety is explored. But thats not always the case. Also, click here to Learn About Grading Coins. The plan is to melt them down and sell the raw silver for profit. In 1963, the Denver Mint coined 1,774,020,400 Lincoln Memorial Cents. Want this question answered? We have seen that 1964 is a curious year for Penny collecting. PCGS appraises a MS68 SMS Penny at a whopping $27,500. 1906 Indian Head Cent - Great Detail!!!! It is the most expensive patina of the three, being the most appreciated by collectors. RPM means re-punched mint mark. So while the earlier coins were bronze (95% copper + a 5% mix of tin and zinc), pennies after 1963 are sometimes classified as brass pennies because they have copper and zinc but no tin. But since no coins had mint marks that year, you cant spot them! 1964-P & D Kennedy Silver Half Dollar Set w/ Stamp in Commem Hard Plastic Display. Edges In addition, they certify the authenticity and encapsulate the coin for security purposes, both for its preservation and to facilitate its sale. In the 60s, several silver coins were switched over to the Johnson Sandwich, a mixture of copper and nickel to replace the silver. None of these coins bear mint marks. Grade MS61 = $2-$3. In the early 1960s, there was a major coin shortage, presumably due to collectors' hoarding of circulating silver coins. The reasons for a penny's value can range from the obvious to the . You are looking : what makes a 1964 d penny rare. If you had stashed some 1964 Kennedy Half Dollars, you would also seek other denominations from 1963. They are 6.25 grammes in weight and contained 0.1808 troy ounces of pure silver. Easy, just below the date of coinage. . Only around two dozen were made and the difference from regular circulation pennies is subtle. Add an answer. A coin microscope is useful for checking DDOs and DDRs. It's likely that an entire run of 250,000 pennies were printed this way, he said. In the case of this rare 1917 penny, the words "In God We Trust" are . Were classing these next two errors together because they both sold for about $1,100. In some specimens with this patina that have not been circulated very often, greenish or bluish colors can be seen, normal in this metal, which makes it much more striking. But factors like war requirements, the gold rush, the expansion of silver mines, and fluctuating prices made citizens hoard coins and melt them for their precious metals. note: This article is periodically updated to reflect the current price of most valuable coins. at the best online prices at eBay! Most of the time you can get it very cheap, however, there are extraordinary cases like, for example, this penny from 1964, variety 1C MS67 RD, auctioned for $7,931.25 by Heritage Auctions (see here). These concern the spacing between A and M in America, which runs along the reverse top collar of the coin.