Coinflation: Copper Lincoln penny value and coin price
  Measuring the Metal Value of Coins – Base Metal, Gold, and Silver Coins

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Lincoln Copper Penny

1909 - 1982 Copper Lincoln Cent Value (United States)


U.S. MINT SPECIFICATIONS
Denomination:$0.01
Obverse Image:U.S. President Abraham Lincoln
Reverse Image:1909-1958: Wheat Ears
1959-1982: Lincoln Memorial in Washington, D.C.
Metal Composition:95% copper, 5% zinc
Total Weight:3.11 grams
Comments:The 1943 steel cent fabricated during WWII does not have a copper/zinc metal composition.


    
CALCULATING TODAY'S MELT VALUE (USD)
Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value:
 
 $3.1137  =copper price / pound on Sep 16, 2014.
.95  =copper %
$1.0229  =zinc price / pound on Sep 16, 2014.
.05  =zinc %
3.11  =total weight in grams
.00220462262  =pound/gram conversion factor (see note directly below)


The CME uses pounds to price these metals, that means we need to multiply the metal price by .00220462262 to make the conversion to grams.



1. Calculate 95% copper value :

    (3.1137 × .00220462262 × 3.11 × .95)  =  $0.0202809


2. Calculate 5% zinc value :

    (1.0229 × .00220462262 × 3.11 × .05)  =  $0.0003505


3. Add the two together :

    $0.0202809 + $0.0003505 = $0.0206314




$0.0206314 is the melt value for the 1909-1982 copper cent on September 16, 2014.



  ← Calculate the value of your own coins.




MINTAGE AND COLLECTIBLE VALUE (USD)
The "Year" column lists the year and mint mark on the coin -- D is for Denver, S is for San Francisco, and P is for Philadelphia. A coin without a mint mark means it was also minted in Philadelphia. The "Mintage" column is the number of coins struck and released by the U.S. Mint. The "Numismatic Value Range" column represents what people typically pay for that type of coin (usually a very wide price range depending on the condition).

The PCGS price guide on Lincoln cents has an updated list of certified coin prices.
Mintmark Location:Numismatic Value Range – Based On Condition:
Lincoln Cent Mintmark LocationLincoln Cent in Good ConditionLincoln Cent in Fine ConditionLincoln Cent in Extra Fine ConditionLincoln Cent in Uncirculated Condition
YearBuy Lincoln Cents on eBayMintageGoodFineExtra FineUncirculated
1909 Shop 72,700,000 $2.00 - $2.50 $3.00 - $3.50 $3.50 - $4.00 $12.00 and up
1909 VDB Shop 27,995,000 $8.00 - $10.00 $11.00 - $13.00 $13.00 - $14.00 $18.00 and up
1909 S Shop 1,825,000 $65.00 - $75.00 $90.00 - $105.00 $125.00 - $140.00 $250.00 and up
1909-S VDB Shop 484,000 $475.00 - $550.00 $575.00 - $650.00 $800.00 - $900.00 $1200.00 and up
1910 Shop 146,798,813 $0.50 - $1.00 $1.50 - $2.00 $2.50 - $3.00 $18.00 and up
1910 S Shop 6,045,000 $12.00 - $14.00 $16.00 - $18.00 $24.00 - $27.00 $85.00 and up
1911 Shop 101,176,054 $0.50 - $1.00 $2.00 - $2.50 $4.00 - $4.50 $22.00 and up
1911 D Shop 12,672,000 $3.00 - $4.00 $8.00 - $10.00 $27.00 - $30.00 $95.00 and up
1911 S Shop 4,026,000 $28.00 - $32.00 $35.00 - $40.00 $60.00 - $65.00 $160.00 and up
1912 Shop 68,150,915 $0.50 - $1.00 $1.00 - $1.50 $7.50 - $8.50 $30.00 and up
1912 D Shop 10,411,000 $5.00 - $6.00 $9.00 - $11.00 $45.00 - $50.00 $110.00 and up
1912 S Shop 4,431,000 $15.00 - $17.00 $23.00 - $26.00 $55.00 - $60.00 $160.00 and up
1913 Shop 76,529,504 $0.50 - $1.00 $2.00 - $2.50 $11.00 - $12.00 $25.00 and up
1913 D Shop 15,804,000 $1.50 - $2.00 $2.00 - $2.50 $27.00 - $30.00 $80.00 and up
1913 S Shop 6,101,000 $8.00 - $10.00 $17.50 - $20.00 $40.00 - $45.00 $165.00 and up
1914 Shop 75,237,067 $0.25 - $0.50 $0.50 - $1.00 $12.00 - $13.00 $40.00 and up
1914 D Shop 1,193,000 $125.00 - $140.00 $175.00 - $200.00 $600.00 - $650.00 $1700.00 and up
1914 S Shop 4,137,000 $17.00 - $19.00 $23.00 - $26.00 $60.00 - $65.00 $250.00 and up
1915 Shop 29,090,970 $0.50 - $1.00 $4.00 - $4.50 $35.00 - $38.00 $75.00 and up
1915 D Shop 22,050,000 $0.50 - $1.00 $3.00 - $3.50 $14.00 - $15.00 $65.00 and up
1915 S Shop 4,833,000 $16.00 - $18.00 $22.00 - $25.00 $50.00 - $55.00 $225.00 and up
1916 Shop 131,832,627 $0.10 - $0.25 $0.25 - $0.50 $5.00 - $5.50 $18.00 and up
1916 D Shop 35,956,000 $0.25 - $0.50 $1.00 - $1.50 $9.00 - $11.00 $50.00 and up
1916 S Shop 22,510,000 $0.50 - $1.00 $3.00 - $3.50 $15.00 - $17.00 $75.00 and up
1917 Shop 196,429,785 $0.10 - $0.25 $0.25 - $0.50 $3.00 - $3.50 $15.00 and up
1917 D Shop 55,120,000 $0.25 - $0.50 $1.00 - $1.50 $20.00 - $22.00 $55.00 and up
1917 S Shop 32,620,000 $0.25 - $0.50 $0.50 - $1.00 $7.00 - $8.00 $65.00 and up
1918 Shop 288,104,634 $0.10 - $0.25 $0.25 - $0.50 $2.50 - $3.00 $10.00 and up
1918 D Shop 47,830,000 $0.25 - $0.50 $1.00 - $1.50 $7.00 - $8.00 $60.00 and up
1918 S Shop 34,680,000 $0.25 - $0.50 $0.50 - $1.00 $7.00 - $8.00 $80.00 and up
1919 Shop 392,021,000 $0.10 - .25 $0.25 - .50 $1.00 - $1.50 $8.00 and up
1919 D Shop 57,154,000 $0.25 - $0.50 $0.50 - $1.00 $6.50 - $7.00 $55.00 and up
1919 S Shop 139,760,000 $0.25 - $0.50 $2.00 - $2.50 $3.50 - $4.00 $45.00 and up
1920 Shop 310,165,000 $0.10 - $0.25 $0.25 - $0.50 $1.50 - $2.00 $10.00 and up
1920 D Shop 49,280,000 $0.25 - $0.50 $1.00 - $1.50 $12.00 - $13.00 $60.00 and up
1920 S Shop 46,220,000 $0.25 - $0.50 $0.50 - $1.00 $7.00 - $8.00 $85.00 and up
1921 Shop 39,157,000 $1.50 - $2.00 $2.00 - $2.50 $6.00 - $6.50 $25.00 and up
1921 S Shop 15,274,000 $0.50 - $1.00 $2.00 - $2.50 $20.00 - $22.00 $100.00 and up
1922 D Shop 7,160,000 $11.00 - $13.00 $17.50 - $20.00 $22.00 - $25.00 $70.00 and up
1923 Shop 74,723,000 $0.25 - $0.50 $1.00 - $1.50 $4.00 - $4.50 $10.00 and up
1923 S Shop 8,700,000 $3.50 - $4.50 $6.50 - $7.50 $22.00 - $25.00 $160.00 and up
1924 Shop 75,178,000 $0.10 - $0.25 $0.25 - $0.50 $3.50 - $4.00 $13.00 and up
1924 D Shop 2,520,000 $24.00 - $27.00 $35.00 - $40.00 $75.00 - $85.00 $200.00 and up
1924 S Shop 11,696,000 $0.25 - $0.50 $1.00 - $1.50 $12.00 - $13.00 $115.00 and up
1925 Shop 139,949,000 $0.10 - $0.25 $0.25 - $0.50 $1.00 - $1.50 $8.00 and up
1925 D Shop 22,580,000 $0.25 - $0.50 $2.00 - $2.50 $7.50 - $8.50 $55.00 and up
1925 S Shop 26,380,000 $0.25 - $0.50 $0.50 - $1.00 $7.00 - $8.00 $95.00 and up
1926 Shop 157,088,000 $0.10 - $0.25 $0.25 - $0.50 $1.00 - $1.50 $7.00 and up
1926 D Shop 28,020,000 $0.25 - $0.50 $2.00 - $2.50 $9.00 - $11.00 $60.00 and up
1926 S Shop 4,550,000 $6.50 - $7.50 $8.00 - $10.00 $20.00 - $22.00 $200.00 and up
1927 Shop 144,440,000 $0.10 - $0.25 $0.25 - $0.50 $1.00 - $1.50 $7.00 and up
1927 D Shop 27,170,000 $0.25 - $0.50 $0.50 - $1.00 $4.00 - $4.50 $40.00 and up
1927 S Shop 14,276,000 $0.25 - $0.50 $1.00 - $1.50 $9.00 - $11.00 $85.00 and up
1928 Shop 134,116,000 $0.10 - $0.25 $0.25 - $0.50 $1.00 - $1.50 $5.00 and up
1928 D Shop 31,170,000 $0.25 - $0.50 $0.50 - $1.00 $4.00 - $4.50 $25.00 and up
1928 S Shop 17,266,000 $0.25 - $0.50 $1.00 - $1.50 $6.00 - $6.50 $50.00 and up
1929 Shop 185,262,000 $0.10 - $0.25 $0.25 - $0.50 $1.00 - $1.50 $5.00 and up
1929 D Shop 41,730,000 $0.25 - $0.50 $0.50 - $1.00 $3.50 - $4.00 $15.00 and up
1929 S Shop 50,148,000 $0.25 - $0.50 $0.50 - $1.00 $4.00 - $4.50 $15.00 and up
1930 Shop 157,415,000 $0.10 - $0.25 $0.25 - $0.50 $0.50 - $1.00 $4.00 and up
1930 D Shop 40,100,000 $0.10 - $0.25 $0.25 - $0.50 $1.00 - $1.50 $7.00 and up
1930 S Shop 24,286,000 $0.10 - $0.25 $0.25 - $0.50 $0.50 - $1.00 $7.00 and up
1931 Shop 19,396,000 $0.25 - $0.50 $0.50 - $1.00 $2.50 - $3.00 $14.00 and up
1931 D Shop 4,480,000 $2.50 - $3.00 $5.00 - $6.00 $7.50 - $8.50 $45.00 and up
1931 S Shop 866,000 $70.00 - $80.00 $80.00 - $90.00 $85.00 - $95.00 $120.00 and up
1932 Shop 9,062,000 $0.50 - $1.00 $1.00 - $1.50 $3.00 - $3.50 $10.00 and up
1932 D Shop 10,500,000 $0.50 - $1.00 $1.00 - $1.50 $2.50 - $3.00 $8.00 and up
1933 Shop 14,360,000 $0.50 - $1.00 $1.00 - $1.50 $3.00 - $3.50 $10.00 and up
1933 D Shop 6,200,000 $2.00 - $2.50 $4.00 - $4.50 $5.00 - $5.50 $8.00 and up

If you're interested in learning more about grading copper Lincoln cents, Photograde is an excellent resource.


EBAY AUCTIONS - LINCOLN CENT (COPPER)
I believe that the old saying, "A coin is only worth what someone will pay for it," is absolutely true. I prefer eBay because it displays what people are actually paying for coins. Monthly coin price magazines and online price lists may not reflect current market conditions because they don't demonstrate what people are actually willing to pay.

View all copper Lincoln Cent auctions or those with the least time left (below).



CHARTS
Long-term metal price charts for the Lincoln cent (95% copper):

     [Most Recent Quotes from www.kitco.com]      





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