Most 1988 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.

1988 Penny

Specifications

Type: Lincoln Penny
Year: 1988
Face Value: $0.01
Composition: 99.2% zinc, 0.8% copper
Total Weight: 2.5 grams

The US minted the 1988 penny with no mint mark and also the 1988 D penny and 1988 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
1988 Philadelphia 6,092,810,000
1988 D Denver 5,253,740,443
1988 S Proof San Francisco 3,262,948

Value

Most 1988 pennies in circulated condition are only worth their face value of $0.01. These coins can only sell for a premium in uncirculated condition.

The 1988 penny with no mint mark and the 1988 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.

The 1988 S proof penny is worth around $9 in PR 65 condition.

Click here to search for Lincoln pennies on Amazon.

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:

1989 Penny
1987 Penny
1986 Penny