Most 1961 Lincoln pennies aren't valuable. However these pennies can sell for a premium in uncirculated condition. Keep reading to learn more about these one cent coins.
Specifications
Type: Lincoln Penny
Year: 1961
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams
The US minted the 1961 penny with no mint mark and also the 1961 D penny. The mint mark, when present, can be found on the obverse side of the coin below the date.
| Series |
Location |
Quantity Minted |
| 1961 |
Philadelphia |
753,345,000 |
| 1961 D |
Denver |
1,753,266,700 |
Value
Most 1961 pennies in circulated condition are only worth their weight in copper. The current copper melt value for each penny is about $0.029. These coins can only sell for a premium in uncirculated condition.
The 1961 penny with no mint mark is worth around $4.10 in uncirculated condition with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $9.50.
The 1961 D penny is worth around $2.60 in uncirculated condition with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $11.
Proof coins with no mint mark are available and they are each valued at around $2.60 in PR 65 condition. There were 3,028,244 proof coins minted.
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Grading System
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.
PR 65 proof- An attractive coin with only small flaws. A few blemishes or contact marks may be present.
Sources:
The Red Book
See also:
1962 Penny
1960 Penny
1959 Penny