1977 D Lincoln Penny

Notes:

1977 Lincoln Cents were minted in Philadelphia, Denver, and San Francisco. All proofs issued this year feature the S mint mark and DCAM specimens in PR-69 appear to make up the majority of certified sales, with very very few PR-68 proof circulating.

The 1977 1c is still copper being roughly 95% copper, and 5% zinc in composition.

Best known specimens are 1977 MS-68 Red and 1977 D Red of which we were unable to find any sales, although these coins were listed at Stacks Bowers but the reserves of $6,000 and $5,500 were not met. Leading us to believe the overall values of any ms-68 specimens to be less than those reserves. MS-67 graded 1977 pennies are selling for just under $100 at the time of this articles writing. Past sales from 2010 have put the MS-67 cent at $400-$700 but recent sales have not held to that price level, and were not certain why.

Updated: 2016 - A 1977-D 1C MS68 Red sold at Heritage Auctions for $7,050 in 2016 - described as flawlessly preserved and glows with satiny copper-red luster, and The Sole Finest at PCGS. So the best possible example known to exist just sold for over $7,000.

Mintages

How much is a 1977 D Lincoln Penny worth?

In Average Circulated (AC) condition it's worth around 25 cents, one in certified mint state (MS+) condition could bring as much as $18 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 1977, 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.