Price of old pennies

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Although many factors determine the exact value of a coin , you can quickly determine the value of your penny by knowing its type, date, mintmark , and grade. Additionally, the value of a particular coin can vary between markets and coin dealers. If a coin dealer is overstocked with the coin you are trying to sell, she is more likely to offer you less money for it. If the coin dealer is in search of that particular coin for a frequent customer, she is more likely to pay you more for it. A coin type is very easily determined by looking at it. The design that is used in a particular denomination of coin over time is known as its type.

Price of old pennies

By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. The ever popular Lincoln wheat penny was first produced by the U. Mint in While the original edition pennies from can have significant collectable value, other editions of the Lincoln penny can be highly desired by coin collectors as well. Obviously, some mint years may be worth considerably more than others, while the minting location may also play a role in the value of a penny. Coins that have been well-preserved over the years can be valued significantly higher than similar coins that have wear and tear or damage. Both coin dealers and coin collectors are willing to pay a higher premium for Lincoln Wheat Pennies that are in superior condition and of a higher grade. If you have a Lincoln Wheat Penny in great condition from a year that is sought after by dealers and collectors, you may benefit from having your penny graded by an NGC or PCGS grading service. By having your penny graded, you may be able to get a closer idea as to what your penny may be bought or sold for. The grading process is extremely thorough and may account for even very subtle grading points while also considering collector and dealer demand. To accurately gauge the grade of your Lincoln Wheat Penny, you must perform a close examination of the coin. If the parallel lines at the top of the wheat stalk are showing, the coin is likely in fine or even better condition. If the penny has experienced significant wear and tear due to handling over the years, there is a good chance these lines at the tops of the stalks will be worn down or even non-existent. In this case, the coin may be considered to be in good or a lesser condition. If the lines at the tops of the wheat stalks remain crisp, clear and robust, the coin may be in extremely fine condition.

The United States Mint currently makes all one-cent coins on zinc planchets that have a thin layer of pure copper covering the entire surface.

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Penny values span a wide range. Wheat pennies begin at 2 cents to highs found with early colonial large cents valued in the thousands. Using a step by step method discovers how much your old pennies are worth. Series are identified along with dates and mintmarks. Condition is judged comparing to images, video and descriptions. Match your coins to each penny series value chart. How to determine penny values begins with identifying the denomination and series. Examine your coin and compare to the following images to find a match.

Price of old pennies

Collectors and their pursuit of nice coins is pushing old US penny values higher. These copper coins date back to the beginnings of the mint. With many different designs and varieties; a wide range of values are involved. Recognizing the design series of your coin, plus date, and importantly, condition, are the necessary steps to an accurate evaluation. Each different series is covered in detail with a step by step method to identify all factors contributing to value. Early era cents are notable for their scarcity. Half cents and Large cents of the Liberty series are slightly abundant in lower condition.

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Before You Duck Out I like the fact it has the search feature as the home page. Add to basket 1 - 3 days dispatch. We recommend sorting them to make geometric designs or using a mixture for a light-catching, textured effect. Phone Number. All these coins show the classic image of Britannia - the female personification of Great Britain - on their 'tails' side though the design does change a little over the years. We wouldn't advise using old Pennies for any offensive purposes but otherwise we say have fun. The reverse originally featured two stalks of wheat and this type was known as the Lincoln Wheat Penny. It's possible to create an interesting textural effect when you use lots of Pennies in an interior project, adding a muted industrial glimer to your home or garden. They are most valuable in any condition and are highly sought after by coin collectors. However, the flat spots do not connect, separation of high areas remain. See our dedicated delivery page for exceptions and further information. People considered this a rare penny to look for, even when it was first minted. We particularly like how these coins catch light from candles and fireplaces.

By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. The ever popular Lincoln wheat penny was first produced by the U. Mint in

Also, and one of the most important things, I really trust the Britannia Coin Company. Sometimes, it may also make sense to hang onto coins you think could increase in value. One lesson here is that condition matters, but it's not the only thing that affects value. Like other wartime pennies, they are emblematic of a historical event and have unique materials because of that. Coins that have been graded typically sell for higher premiums than non-graded coins, so your investment in grading may pay for itself. You'll notice that many of the old pennies listed here have errors which make them more valuable. Otherwise, we'll send you a mixture of bronze pennies, based on our current availability. Many copper coins exhibit subtle qualities, when recognized, add to understanding potential value. During the composition was changed to A coin type is very easily determined by looking at it. While the original edition pennies from can have significant collectable value, other editions of the Lincoln penny can be highly desired by coin collectors as well. Drop us a line at coins britanniacoincompany. When the right coin is available and is needed for their collection, none hesitate to pay. Steeped in more than 1, years of history, The Royal Mint supplies all of the United Kingdom's coinage as well as currency for nations around the world. They might look like ordinary coins but they are generally worth much more, thanks to their scarcity, finish and composition.