Most 1994 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.

1994 Penny

Specifications

Type: Lincoln Penny
Year: 1994
Face Value: $0.01
Composition: 99.2% zinc, 0.8% copper
Total Weight: 2.5 grams

The US minted the 1994 penny with no mint mark and also the 1994 D penny and 1994 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
1994 Philadelphia 6,500,850,000
1994 D Denver 7,131,765,000
1994 S Proof San Francisco 3,269,923

Value

Most 1994 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 1994 penny with no mint mark and the 1994 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.

The 1994 S proof penny is worth around $9 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:

1995 Penny
1993 Penny
1992 Penny