1964 denver penny

The 1964 Denver Penny: A Closer Look

The 1964 Denver penny, also known as the 1964-D Lincoln cent, is a common coin, but it holds a special place in numismatic history as one of the last pennies struck before the switch to copper-clad coinage. Millions were minted, making them readily available for collectors today. While not typically valuable in circulated condition, certain uncirculated examples and error coins can fetch a premium.

History and Production of the 1964-D Penny

The United States Mint produced a massive number of Lincoln cents in 1964, with both the Philadelphia and Denver mints working overtime to meet the public’s demand. The Denver Mint, indicated by the “D” mintmark, struck over 2.6 billion of these pennies. This high mintage contributes to their commonality today. 1964 was the last year the Lincoln cent was made of 95% copper, 5% zinc (bronze alloy). Beginning in 1982, pennies were made of copper plated zinc due to increasing copper prices.

Value and Grading

Most circulated 1964-D pennies are worth only their face value (one cent). However, uncirculated examples in pristine condition can be worth significantly more, ranging from a few cents to a few dollars depending on the specific grade assigned by coin grading services. Collectors often seek out 1964-D pennies in grades like MS65 (Mint State 65) or higher. For more detailed information on grading scales, resources like the Sheldon coin grading scale can be helpful.

Errors and Varieties

While the standard 1964-D penny is common, certain errors can significantly increase its value. These errors can include:

• Doubled Die Obverse/Reverse: Occurs when the die used to strike the coin has a doubled image.
• Off-Center Strikes: Result from the coin not being properly positioned during the striking process.
• Blank Planchet Errors: Pennies struck on planchets that were not properly prepared, resulting in missing details.

Identifying errors requires careful examination, and consulting with a numismatic expert is recommended.

Collecting Tips

Collecting 1964-D pennies can be a fun and affordable way to start coin collecting. Here are a few tips:

• Focus on Quality: Look for uncirculated coins with minimal wear and good luster.
• Research Errors: Familiarize yourself with common error types to identify potential valuable finds.
• Consult Price Guides: Use reputable coin price guides to get an idea of current market values.

Frequently Asked Questions

Is a 1964 D penny made of silver?

No, the 1964-D penny is made of 95% copper and 5% zinc (bronze). It is not a silver coin.

How much is a 1964 D penny worth?

Most circulated 1964-D pennies are worth only one cent. Uncirculated examples can be worth a few cents to a few dollars, depending on their condition and grade.

Where is the mint mark on a 1964 penny?

The “D” mint mark for the Denver Mint is located on the obverse (front) of the coin, to the right of Lincoln’s bust, below the date.

Are there any rare 1964 pennies?

While the standard 1964-D penny is common, error coins such as doubled dies and off-center strikes can be rare and valuable.

What makes a 1964 penny valuable?

Condition (grade), rarity of error and overall eye appeal will increase the value. Uncirculated coins with high grades and coins with significant errors are more valuable.

Summary

The 1964 Denver penny is a readily available piece of American coinage history. While common in circulated condition, uncirculated examples and error coins offer collectors a chance to add interesting and potentially valuable pieces to their collections. Its large mintage and composition mark a transitional point in the history of the Lincoln cent.