Most 2016 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: 2016
Face Value: $0.01
Composition: 99.2% zinc, 0.8% copper
Total Weight: 2.5 grams
These Lincoln pennies are also known as Shield pennies. This is because the design on the reverse side of the coin features the Union shield.
The US minted the 2016 penny with no mint mark and also the 2016 D penny and 2016 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 |
|---|---|---|
| 2016 | Philadelphia | 4,698,000,000 |
| 2016 D | Denver | 4,420,400,000 |
| 2016 S Proof | San Francisco | 1,011,624 |
Value
Most 2016 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 2016 penny with no mint mark and the 2016 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.
The 2016 S proof penny is worth around $7.50 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.
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