Most 1977 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.

1977 Penny

Specifications

Type: Lincoln Penny
Year: 1977
Face Value: $0.01
Composition: 95% copper, 5% zinc
Total Weight: 3.11 grams

The US minted the 1977 penny with no mint mark and also the 1977 D penny and 1977 S proof penny. The mint mark, when present, can be found on the obverse side of the coin below the date.

Series Location Quantity Minted
1977 Philadelphia 4,469,930,000
1977 D Denver 4,194,062,300
1977 S Proof San Francisco 3,251,152

Value

Most 1977 pennies in circulated condition are only worth their weight in copper. The current copper melt value for each penny is about $0.02. These coins can only sell for a premium in uncirculated condition.

The 1977 penny with no mint mark and the 1977 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.

The 1977 S proof penny is worth around $2.50 in PR 65 condition.

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Grading System

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- There are no flaws to this coin. A few blemishes may be present.

 

Sources:

The Red Book


See also:

1978 Penny
1976 Penny
1975 Penny