1971 Lincoln Penny

Last updated: August, 27 2022

CoinTrackers.com estimates the value of a 1971 Lincoln Penny in average condition to be worth 1 cent, while one in mint state could be valued around $8.00.


1971 Lincoln Penny
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  • Year: 1971
  • Mint Mark: No mint mark
  • Type: Lincoln Penny
  • Price: 1 cent-$8.00+
  • Face Value: 0.01 USD
  • Produced: 1,919,490,000
  • Edge: Smooth





Notes: Red is the most valauble color for the 1971 P Penny




How much is a 1971 Lincoln 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 $8 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 1971, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?].


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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 1964 $600
Lincoln Penny 1982 $55
Lincoln Penny 1967 $50
Lincoln Penny 1975 $45
Lincoln Penny 1959 D $35
Lincoln Penny 1962 D $32
Lincoln Penny 1969 $31
Lincoln Penny 1975 D $30
Lincoln Penny 1982 D $30
Lincoln Penny 2002 D $30
Lincoln Penny 1962 $29
Lincoln Penny 1961 $28
Lincoln Penny 1961 D $27
Lincoln Penny 2002 $27
Lincoln Penny 1959 $25
Lincoln Penny 1968 S $25
Lincoln Penny 2005 D $25
Lincoln Penny 1960 $22
Lincoln Penny 1960 D $22
Lincoln Penny 1993 D $20
Lincoln Penny 1969 D $18
Lincoln Penny 1968 D $16
Lincoln Penny 2006 $16
Lincoln Penny 2007 S $16
Lincoln Penny 1963 $15
Lincoln Penny 1963 D $15
Lincoln Penny 1965 $15
Lincoln Penny 1968 $15
Lincoln Penny 1970 D $15
Lincoln Penny 1970 S $15
Lincoln Penny 1992 $15
Lincoln Penny 2005 $15
Lincoln Penny 1980 $14
Lincoln Penny 1964 D $12
Lincoln Penny 1966 $12
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1989 P $345.22
1989 $345,000
1989 D $345
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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