1964 Penny

Last updated: September, 18 2024
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The 1964 P 1c coin is a 90% copper and 5% zinc. In MS-66 condition this coin has most recently sold for $38.00. Lower grades like MS-62 might only sell for $6, and most sales are made at the $1.50 price point. Lower end specimens that are loose coinage or in cardboard sleeves are selling for 35 cents. Scroll down to the Price Chart area to see a complete breakdown of this coins value.


1964 Penny
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  • Year: 1964
  • Mint Mark: No mint mark
  • Type: Lincoln Penny
  • Price: 35 cents-$38.00+
  • Face Value: 0.01 USD
  • Produced: 2,648,575,000
  • Edge: Smooth






Notes:

3.9 million proofs issued this year, and they are worth about $5 each in good shape.


1964 Penny Basic Facts

Minted at both the Denver (D), and Philadelphia (no mint mark).

1964 1C

Small and Large Date mint marks are circulating, be sure to collect them all.


1964 Penny Mintages

  • 1964 (no mint mark)- 2.6 billion minted in total
  • 1964 D -3.79 billion minted in total

See the chart further down the page for a visual reference of the United States mint numbers.

Are 1964 Pennies Copper?

Yes, Pennies minted in 1964 are indeed copper, with the mint making the big change to zinc mid year in 1982.

Copper Penny Color Guide

Use the color guide below as a rough reference. We suggest using a third party like PCGS to designate the color in regards to higher end specimens, as the color designation may be to easily be skewed in favor of the seller.

Copper Penny Color Guide


What about errors?

The 1964 cent has some interesting errors to be aware of. In no particular order they are; Struck on a Silver Dime Planchet error. There are plenty of these specimens floating around and they are selling for between $500 and $5,000 each on average. There are so many 1964 Pennies struck on dime planchets that there are even instances of double strike 1964 pennies on silver dime planchets. These errors are super easy to spot. Just look for the silverish looking penny. Next we have the 1964 Double and Triple Strike Cent-Double and triple strike errors are the correct size, but they may appear to the observer to be many coins melted together. 1964 was for certain a year of poor quality control at the United States mints. Next we have the common 1964 Clipped Planchet Cent- Clipped planchet errors occur fairly often with many coins and the specimens from 1964 are very similar to those from other years. Clipped planchet errors will have small crescent cuts on the edge of the cent where the metal has been clipped by the die. Off Center Strike Error - this error occurs when the die is misaligned and strikes the penny planchet off center. Thanks for reading. Please be sure to share this page with your friends if you found it helpful.


Mintages

Production Chart



Questions & Comments


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Anonymous: I have what appears to be a 1964 Penny error that's clipped but it doesn't have a curve in its flat across. Is this a mint error or did someone cut it with a machine? Posted: May 26, 2024 9:38 am



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Admin : Thanks for posting. There are both curved, and straight clipped planchet errors. There are even a few rim clip, that are just tiny error clips on rim. So what you are describing appears to be a straight clip error. Hope that helps, thanks for posting! See image below 1964 Straight Clipped Planchet Error Reply posted: May 27, 2024 9:49 am




Price Chart

Rates listed here refer to professionally graded and slabbed coins. If new to collecting the prices below might not make sense.


Prices below are for the RD (red) version of the 1964 P Lincoln cent. If the coin is RB (red brown) it will be worth 10% to 30% less, if brown take an additional 5% to 20% off. RD is the standard.

  • Grade MS62 = $6-$10
  • Grade MS63 = $8-$13
  • Grade MS64 = $11-$19
  • Grade MS65 = $15-$25
  • Grade MS66 = $23-$38
  • Grade PR67 = $9-$15
  • Grade PR68 = $17-$28
  • Grade PR69 = $26-$44


Is the list above a little overwhelming? If so, take 5 minutes to learn all about Coin Grading.


It's also important to note...Prices are subject to the same supply and demand laws as everything else. Coins sold at the same auction house 10x, would fetch drastically different bids each session. To raise your chances of receiving top dollar read How to Get the Most for your Coins.


We've personally researched these values. If you enjoy our content please return the favor and share this page with your friends.


How much is a 1964 Penny worth?

In Average Circulated (AC) condition it's worth around 35 cents, one in certified mint state (MS+) condition could bring as much as $38 at auction. This price does not reference any standard coin grading scale. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1964, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?].


What are your coins really worth?

Use the handy-dandy calculator below to find the real value of any lincoln penny in your collection.


how much is your penny worth


Specs & Design

This coin has a total mass of 2.5 g, a diameter of 19.05 mm, and a thickness of 1.52 mm. It's edge is Smooth, and the coins are composed of 95% Copper Pre 1982, 97.5% Zinc, 2.5% Copper after 1982.


Designer: Victor D. Brenner (obv), Lyndall Bass (rev)


Front (Obverse): The obverse or front of this coin contains the bust of President Lincoln the 16th president of the United States. The words In God We Trust are engraved in an arching manner on the top most portion of this coin. The date is present along with the mint mark. If the mark is missing the coin was issued from the Philadelphia mint. With the exception of 2017 P, the only year to contain a P mint mark to honor the 225th anniversary of the United States Mint.


Back (Reverse): The reverse of this coin has been described as Lincoln Memorial design. Nice clean lines on the steps and buildings are important for a decent grade. The Lincoln Memorial replaced the reverse after the last Wheat Cent was issued in 1958.


Most Valuable

The most valuable Lincoln Penny's. Prices listed are for MS-65 certified. Visit the link to learn more about each coin.

Image Year Mint Worth
Lincoln Penny Image 1967 $55
Lincoln Penny Image 1982 $55
Lincoln Penny Image 2000 $50
Lincoln Penny Image 2000 D $40
Lincoln Penny Image 1964 $38
Lincoln Penny Image 1959 D $35
Lincoln Penny Image 2000 S $35
Lincoln Penny Image 1962 D $32
Lincoln Penny Image 1969 $31
Lincoln Penny Image 1971 S $30
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Image Name Mint Worth

Want more? Click here to see the most valuable coins ever minted.

***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Call or visit your local coin dealer for more information.

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