Uncover Why This Iconic Cent, When Perfect, Commands Premium Values!
At PennyVerse.info, we frequently encounter questions about the value of seemingly common coins. The 1959-D Lincoln Cent, marking a significant design change and produced in vast quantities, is often thought of as just another penny. However, as with many coins, exceptional condition and subtle characteristics can transform this everyday piece into a highly sought-after collector’s item. Join us as we explore the true worth of the 1959-D penny!
Key Varieties & Values (Standard Issues)
The year 1959 was historic for the Lincoln Cent, as the reverse design transitioned from the familiar Wheat Ears to the iconic Lincoln Memorial. The Denver Mint produced a staggering number of these coins.
| Year | Mint | Mintage | Circulated Value | Uncirculated Value |
|---|---|---|---|---|
| 1959 | Philadelphia | 1,279,760,000 | Face value | $0.10 – $0.50 |
| 1959 | Denver (D) | 1,279,760,000 | Face value | $0.10 – $0.50 |
Rare Varieties Worth Hunting (Primarily High Grades)
While the 1959-D is not known for major “die errors” in the same vein as the 1955 Doubled Die, its value skyrockets in exceptionally high, uncirculated grades. Collectors pursue coins with perfect strike, full original luster, and vibrant “red” (RD) color.
| Variety | Description | Value (Certified) |
|---|---|---|
| 1959-D Lincoln Cent (MS-67+ Red) | Pristine, flawless condition with full original copper color. | $750 – $1,650+ |
| 1959 Lincoln Memorial Weak Reverse (P or D) | Weakly struck or “ghosted” Lincoln Memorial on reverse. (Rare) | $500 – $50,000+ |
| Doubled Die Obverse (1959 P or D) | Minor doubling visible on date/legends (less common for 1959-D) | $25 – $200 |
| Off-Center Strikes (1959-D) | Design not centered on planchet. | $5 – $150 (based on %) |
Identifying Your 1959-D Penny & Assessing its Potential
The image you provided showcases a 1959-D penny with beautiful toning, which can add appeal to some collectors. For general identification and assessing potential value:
- Date & Mint Mark: Locate the “1959” date on the obverse (front) and verify the “D” mint mark directly below it, signifying it was struck at the Denver Mint.
- Design Change: The 1959 penny is notable for its reverse (back) design, which features the Lincoln Memorial. This was a significant departure from the previous Wheat Ears design.
- Condition is King for Value: For a 1959-D penny to achieve significant value, it must be in Mint State (MS) condition, meaning it shows absolutely no signs of wear from circulation. Furthermore, it needs to exhibit:
- Strong Luster: The original shininess from when it was minted.
- Full Red (RD) Color: Pennies can tone over time to brown (BN) or red-brown (RB). Coins that retain their original vibrant copper-red color are highly prized.
- Minimal Marks: Absence of distracting nicks, scratches, or blemishes.
- Sharp Strike: Clear, well-defined details on both sides.
Grading & Condition Guide
The difference between a common 1959-D penny and a valuable one is almost entirely due to its grade. Professional grading by a third-party service is crucial for confirming its condition and maximizing its value.
| Grade | Description | Value Impact (for 1959-D) |
|---|---|---|
| Circulated | Visible wear, details worn smooth. | Face value |
| AU-50 | About Uncirculated – Light wear on high points. | Minor premium ($1-$5) |
| MS-63 | Mint State – Few distracting marks, good luster. | $10 – $20 |
| MS-65 | Choice Uncirculated – Strong luster, minor contact marks. | $50 – $150 |
| MS-67+ Red | Gem Quality – Superb strike, full luster, minimal flaws, vibrant red color. | $750 – $1,650+ |
Where to Sell Your Potentially Valuable 1959-D Penny
If you believe your 1959-D penny is in exceptionally high grade, consider these avenues for sale:
- Professional Coin Grading Services (PCGS & NGC): For any 1959-D penny you suspect is MS-65 or higher, submitting it for professional grading is the most critical step. Their certification will confirm its grade and color, making it highly desirable to serious collectors.
- Reputable Coin Dealers: Seek out dealers who specialize in modern U.S. coinage or high-grade certified cents. They can offer appraisals and potentially direct purchases.
- Online Numismatic Auctions: Platforms like Heritage Auctions, Stack’s Bowers Galleries, or GreatCollections are where top-grade certified coins are bought and sold, attracting competitive bids.
- Specialized Online Marketplaces: eBay, used cautiously with clear, high-quality photos and detailed descriptions of professional grading, can also be a venue.
Professional Authentication & Verification Tips
For any coin you hope to sell for a premium, precision is key:
- Do NOT Clean the Coin: Cleaning will destroy its original surfaces and significantly devalue it.
- Magnification: Use a 10x or 20x loupe to carefully examine the coin’s surfaces for wear, marks, and luster. Pay attention to the highest points of Lincoln’s bust and the Memorial.
- Photography: Take clear, well-lit, high-resolution photos of both sides, showcasing its luster and color.
- Luster Test: Tilt the coin under a light source. A truly uncirculated coin will show a “cartwheel” effect of light reflecting off its surfaces.
- Seek Expert Opinion: If you believe your 1959-D penny is truly exceptional, consult a professional numismatist before sending it for grading or attempting to sell.
Market Trends (2024-2025 Update)
- Premium on Condition: The trend for modern coins like the 1959-D continues to heavily favor coins in top Mint State grades, especially those with full red (RD) color.
- Certification is Key: The market overwhelmingly demands professional certification (PCGS or NGC) for coins valued over a few dollars, ensuring authenticity and grade.
- Collector Set Building: Enthusiasts building high-grade Lincoln Cent sets drive demand for gem-quality examples of even common dates.
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