Most 1979 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.

1979 Penny

Specifications

Type: Lincoln Penny
Year: 1979
Face Value: $0.01
Composition: 95% copper, 5% zinc
Total Weight: 3.11 grams

The US minted the 1979 penny with no mint mark and also the 1979 D penny and 1979 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
1979 Philadelphia 6,018,515,000
1979 D Denver 4,139,357,254
1979 S Proof San Francisco 3,677,175

Value

Most 1979 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 1979 penny with no mint mark and the 1979 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.

The 1979 S proof penny is worth around $5-6 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:

1980 Penny
1978 Penny
1977 Penny