By Charles Morgan and Hubert Walker for CoinWeek Notes …..
Lincoln Wheat Cents were produced at the Philadelphia and Denver mints in 1934, with Philadelphia producing the overwhelming majority. The 1934-D Lincoln Cent is notorious for the prominence of coins struck with heavily worn dies. Error-and-variety enthusiasts can seek out at least five known repunched mint marks, four cud varieties (one obverse, one reverse, and two retained cuds on reverse), and one minor doubled die obverse, which is identifiable by its extra thick date.
Historical Pricing of the 1934-D Lincoln Cent
Dealer Richard M. Muniz offered uncirculated rolls for $249.50 USD in the January 1969 issue of Numismatic Scrapbook Magazine. Denver, Colorado-based dealer Dan Brown offered uncirculated rolls of the 1934-D Lincoln Cent for $285 in the February 1974 issue of The Numismatist.
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Market Data and Noteworthy Specimens
The PCGS MS67+RD population has increased more than twofold since 2020, yet neither PCGS nor NGC has added any coins to their censuses at this level since at least September 2024. Recent auctions have shown a wide disparity in prices realized, with most of these coins being sold by GreatCollections.
The CAC population of stickered MS67RD coins has increased by two since September 2024. The company has encapsulated no 1934-D Lincoln Cent in grades finer than MS66+RD.
Top Population: PCGS MS67+RD (21, 3/2025) NGC MS67+RD (7, 3/2025), and CAC MS67RD (22:0 stickered:graded, 3/2025).
- PCGS MS67RD #46299047: GreatCollections, May 5, 2024, Lot 1575313 – View.
- PCGS MS67+RD CAC #47426914: GreatCollections, March 3, 2024, Lot 1536369 – $7,875.
- PCGS MS67+RD CAC #45357190: GreatCollections, March 12, 2023, Lot 1070761 – View.
- PCGS MS67+RD CAC #43948599: GreatCollections, May 15, 2022, Lot 125375 – View.
- PCGS MS67+RD #37115957: GreatCollections, October 6, 2019, Lot 723458 – View; Heritage Auctions, June 18, 2021, Lot 3355 – $4,560.
- PCGS MS67+RD #37689566: Heritage Auctions, February 21, 2020, Lot 3522 – $4,680; Heritage Auctions, August 3, 2020, Lot 3049 – $4,200; Heritage Auctions, January 21, 2021, Lot 3368 – $5,040. Splotchy mellowing on the obverse.
- PCGS MS67+RD CAC #08513548: Heritage Auctions, January 8, 2020, Lot 3233 – $4,920.
- PCGS MS67+RD #36114148: GreatCollections, November 4, 2018, Lot 621364 – View; Heritage Auctions, June 6, 2019, Lot 3032 – $7,200.
- PCGS MS67+RD #36200383: GreatCollections, October 14, 2018, Lot 618836 – View.
- PCGS MS67+RD CAC #35781942: GreatCollections, July 29, 2018, Lot 605599 – View.
- PCGS MS67+RD CAC #25331054: As PCGS MS-67RD CAC #21062434. Heritage Auctions, January 8, 2014, Lot 3552 – $5,581.25; As PCGS MS-67+RD CAC #25331054. Heritage Auctions, April 23, 2014, Lot 3143 – $11,162.50. Upgraded one-half point. When sold, it was a top pop, pop one coin. Red is mellowing, light spot halfway between T and 4.
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Coin Specifications
| Country: | United States of America |
| Year of Issue: | 1934 |
| Denomination: | One Cent (USD) |
| Mintmark: | D (Denver) |
| Mintage: | 28,448,000 |
| Alloy: | .950 copper, .050 tin and zinc |
| Weight: | 3.11 g |
| Diameter: | 19.00 mm |
| Edge: | Plain |
| OBV Designer: | Victor David Brenner |
| REV Designer: | Victor David Brenner |
| Quality: | Business Strike |
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I recently got ecstatic about Coin collecting and I came up on a liberty dime from 1942 ,A Lincoln penny from 1962 which I think is double dyed ,1940 nickel minted “S”1948 nickel as well and many Lincoln Penny’s not minted at all?do I have any value in these?
@Annette Manoz Congratulations on finding a 1942 Liberty (a/k/a “Mercury”) dime! They don’t bring much above their silver value but that date makes a good conversation piece from a time when the US had just entered WWII.
The Lincoln pennies [rather than Penny’s] are in fact all minted because that’s how they were created :). If you mean they don’t have a mint mark, that’s not an error. It simply indicates they were minted in Philadelphia, whose cents have only ever carried a P mint mark in 2017. While most recent Philadelphia cents aren’t valuable, without knowing your cents’ dates and conditions it’t not possible to say whether you have any that are exceptions.
A great starting place for a new collector is the famous “Guide Book of United States Coins”, better-known as the Red Book. It gives information about almost every US coin ever minted – dates, production numbers, mint mark locations, values, and more. I and just about every collector I know started out by devouring the Red Book cover to cover. Enjoy!
So I inherited a very nice collection of pennies both way back and new there’s a lot of proof and cameo. How would I go about having someone see how much this is worth I live in Utah Cedar City. It’s pretty much a farm town so I really just need to see if I can get some addresses. Thank you very much