3.9 million proofs issued this year, and they are worth about $2 each in good shape.
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.
This section is more for experienced collectors only, and rates refer only to professionally graded and slabbed coins. If you are new to collecting the prices below may not make much sense.
Breakdown of pricing per condition for 1964 Penny as follows.
- 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
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.
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How much is a 1964 Penny worth?
In Average Circulated (AC) condition it's worth around 1 cent, one in certified mint state (MS+) condition could bring as much as $30 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.
Overall 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% copper 3% zinc 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.
The most valuable Lincoln Penny's. Prices listed are for MS-65 certified. Visit the link to learn more about each coin.
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***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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