Discover Why Some 1987 Pennies Are Worth $500+
At PennyVerse.info, we’ve analyzed the complete range of 1987 Lincoln cents to identify the rare varieties that can transform this common coin into a valuable collector’s item. Here’s how to spot the valuable errors and varieties in your pocket change.
Key Varieties & Values
1. Standard Issues
| Mint | Mintage | Circulated Value | Uncirculated Value |
|---|---|---|---|
| Philadelphia (no mintmark) | 4,682,466,931 | Face value | $0.05-$0.50 |
| Denver (D) | 4,879,389,514 | Face value | $0.05-$0.50 |
2. Rare Varieties Worth Hunting
- “GOD WE TRU” Error (Missing “ST” in TRUST)
- Value: $50-$500 depending on severity
- Doubled Die Obverse
- Value: $25-$300
- Off-Center Strikes
- Value: $5-$150 (based on % off-center)
- Missing Clad Layer
- Value: $20-$100
Identifying the “GOD WE TRU” Error
The coin in the image shows:
- Partial motto “GOD WE TRU” (missing “ST”)
- Likely caused by filled die error
- Value range:
- Minor weakness: $10-$25
- Complete missing letters: $100-$500
- Certified major error: $500+
Grading & Condition Guide
| Grade | Description | Value Multiplier |
|---|---|---|
| Circulated | Visible wear | 1x |
| AU-50 | Light wear | 2-5x |
| MS-63 | Few marks | 5-10x |
| MS-65 | Choice uncirculated | 10-20x |
| MS-67+ | Gem quality | 50-100x |
Where to Find Valuable 1987 Pennies
- Original Bank Rolls (Unsearched rolls)
- Mint Sets (Especially early strikes)
- Coin Dealer Junk Bins (Look for errors)
- Estate Sales (Older accumulations)
Professional Authentication Tips
- Magnification: Use 10x loupe minimum
- Weight Check: Should be 2.5g (±0.10g)
- Edge Inspection: Look for plating errors
- Compare: Use PCGS CoinFacts images
- Photography: Take clear, well-lit photos
Market Trends (2024 Update)
- Modern errors gaining popularity
- High-grade examples becoming scarce
- Complete date sets in demand
- Colonials and territories rising in value
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- Members-only buying opportunities
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