Unfortunately, coin collectors and dealers had different ideas about what each of these terms represent. One unsold 1964 (P) PR 70 D-CAM was $12,500. Some 1964 SMS pennies are worth $1,500 or $3,000. A near-perfect coin with minor imperfections in the planchet, strike, and contact markings (seen only under 8x magnification). On average, a 1963 penny is worth its melt value and based on the cost of copper in October 2022, a penny is worth $0.02. If you have a rare variety, it will have a small space between the letters A and M in "AMERICA." Value. These coins have a smooth finish and are not reflective with much clearer details, particularly on the rim. There are actually three Lincolns on the same coin! 1963 was a big year in the US, and not necessarily a happy one because it was the year when JFK was shot. Rare Pennies. 1969-S Lincoln Penny-Doubled Die Obverse. Seller Notes: "Original uncirculated coins in old bank roll. Some experts suspect that the 1964 pennies could have been a prototype for the later pennies. This coin features the same proof die reverse as the 1998 wide AM coin. Lets take a look at each of these tonal variants in more detail. Well talk more about this in a minute and explain why some of these rare pennies are worth so much: *Values are for coins in uncirculated grade, proof finish, and special mint set finish. It also helps to note that no San Francisco pennies were minted in 1963, so no S marks exist. Nope. Nearly smooth, but without the damage that a coin graded Poor often possesses. It will also weigh less. 1964 Dime Value Guide (Incld. That makes them much easier to find than the 1969 Doubled Die coins. Both sides of the coin have entire rims that are separated from the field. The following are the most common coin grades: There are a variety of options when it comes to buying and selling 1964 quarters, such as eBay, currency converters, estate sales, online auctions, specialist coin dealers, and even to scrap merchants for their intrinsic metal value. (The device is the image or the portrait, while the field is the background of the coin.) Ironically, this made 1964 an even more attractive year for collectors. Slight evidence of wear on the coins designs high points; may have contact marks; eye appeal should be adequate. Because Lincoln Pennies are still in circulation, they are more likely to be encountered in ordinary life than other rare coins. As a side effect, more and more people got interested in coin collection and speculation. The 1964 SMS pennys rims have a more square profile, comparable to that of a 1964 proof penny. This is an abbreviation for Red and Brown, which means its a brown specimen with the typical reddish tones of a newly minted copper coin, similar to the preceding patina. But first, lets take a closer look at the coins history. The obverse has the legend In God We Trust on the upper collar. The motto or all letters of LIBERTY are readable. The coin has a faded 1951 D in the upper left obverse and a faded Liberty on the right. Grade MS65 = $19-$31. In this case, a piece of fabric blurred Lincolns features and left a mesh-like weave on the coin. Let's take a look at each of these tonal variants in more detail. 1964 D Lincoln Penny RARE "L" Liberty on edge Error/Closed AM; 1964 D Lincoln Penny RARE "L" Liberty on edge Error/Closed AM Sold by baront70 | Ends on 2023-03-08 05:50:03 . Most examples of this issue are valuable for coin collectors anyway. Both types of the same 1964 Jefferson Nickels mint have seen their prices drop since their 2008 and 2009 highs. This consists of striking the original copper more than once. One such coin in the 1963 Split Serif Penny. The strike is quick and appealing. Its why we use dollars and cents, but we still refer to our 1-cent coin as a penny, since thats what they call it in the UK. To make a coin, you make a master hub, which is used to make a master die. The sculptor for the coin John Flanagan was inspired by a portrait of George Washington created by another artist in 1786. Rare 1963 pennies in high grades can sell for up to $40,000 in superior proof condition. Also, click here to Learn About Grading Coins. These coins were minted at the Denver Mint, and the total mintage was almost 4 billion coins. Economics. The next 100 coins may have a less pronounced D-CAM contrast. But until 1990, all mint marks were manually stamped onto the coin. We can take as a reference of its current value this 1964 1C SMS SP67 RD which sold for $15,600 in 2019 by HeritageAuctions. According to the United States Mint, only 316,076,000 1964 dimes were struck. In the case of this rare 1917 penny, the words "In God We Trust" are . This a major die brake, the 4 dot/blobs on the rim you see on the reverse are all taken from part of the rim/link around the cent. Rare Varieties), 1964 Penny Penny RB (red and brown) Philadelphia, 1964 Penny Penny RB (red and brown) Denver (D). 1964 Quarter Value Guide (Incld. Unlike many other rare and valuable coins, there are no special markings nor obvious errors which make SMS pennies stand out. Officially, the coin minting section of the San Francisco Mint was closed from 1955 to 1968. The rarest examples of 1964 Quarters are those with errors that were briefly listed above. But SMS (Special Mint Sets) contain a coin from every denomination thats circulating at the time. " 4 point cud Mud slide ". The portrait of George Washington, the first president of the United States of America, is featured on the current regular issue in circulation and the 1964 coin. Regarding the number of copies, there were two mints in 1964, in . The Daily Alaska empire. One of its edges extends into an extra 64 on the obverse and a blurred United on the reverse. Basically, silver hoarders removed 90% of silver dimes, quarters, and half dollars from circulation in the early 1960s, resulting in a serious coin scarcity. Is a 1964 D penny rare? They are believed to have been prototypes struck in Philadelphia or San Francisco for the SMS (special mint set) minted between 1965 and 1967. Usually, the first 50 to 100 coins will have a cameo effect (CAM), where the field (background) is mirrored and the device (image) is frosted. The 1964 penny is one of the rare coins in United States history. Initially, the penny was 95% copper with the remaining 5% being a mixture of tin and zinc. Technically, a Kennedy half-dollar coin is worth 50 cents each. So if you were looking, those 1M verified 1965 (P) cents could be priceless. But the 1964 Special Strike only had the 1964 Penny itself. The 1964 Cent is a Memorial Cent. For comparison, I pulled a 1964-D from one of my probably-uncirculated rolls. It was auctioned by Heritage Auctions in 2020 for a price of $1,440, being MS64 RB. There are also proof coins (list of U.S. On some coins, you can spot the doubling (or tripling or quadrupling) at a glance. This Memorial Penny was coined from 1959 to 2008 when it was replaced by four alternative reverse designs on the Bicentennial Penny. A 1964 D in MS 67 RD sold for $456. Username or Email Address. . Let's Keep in touch. On average, a 1963 penny is worth its melt value and based on the cost of copper in October 2022, a penny is worth $0.02. One MS 65 coin is triple struck so you can see three Lincolns on the obverse, with two of them being 60% and 70% off-center. But 1964 had 196,630,000 San Francisco cents. Theyre sometimes described as blow holes, and a sample of a 1963 penny with a blow hole error sold for $253 in a high-grade MS 64 RB. And since every mint mark has to be stamped two or more times, any movement will shift the mint mark. 1881 & 1882 Indian Head Cents Collector Panel w/ Commem Native American Stamps. And, as in most years, the United States Mint struck a limited number of 1964 proof pennies as well. Value: $3,673. Professional numismatists joined together in the 1970s and established CoinGrading standards. The words UNITED STATES OF AMERICA and the motto E PLURIBUS UNUM are displayed above the eagle. But as we said earlier, planchets (disc-shaped coin blanks), dies, and hubs are all struck multiple times before you get the finished product. The strike is unusually severe. Where is the mint mark on a 1964 penny? Proof pennies are struck on burnished planchets with specialty dies. Find Out How Much Your 1928 Wheat Penny, 1928-D Penny, 1928-S Penny, And 1928 Error Pennies Are Worth, Susan B. Anthony Dollar Errors & Varieties Worth $500+. They included only 40% silver. It could be a smooth, symmetrical hole from a drill, or it could be a jagged one from unknown sources. Because of its high silver content, 1964 Quarters are worth far more than their face value (25c); in fact 16x more. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); I have a 1969 s penny I want to have looked at. PCGS appraises a MS68 SMS Penny at a whopping $27,500. To preserve the actual patina of our coins, it is important to keep them in a stable and controlled place. I have been trained in numismatics by the University of Murcia. In 2013, one of these coins in MS 67 sold for $2,820. In MS 64 BN (Brown), it sold for $4,000. This habit involves gold coins too, and sometimes extends to coins without silver or gold, so some base metal coins get hoarded as well, and these include 95% copper pennies. MALAWI 1978 ONE OZ SILVER PROOF LIKE COIN RARE ROYAL MINT 10 KWACHA SILVER PROOF LIKE COIN RARE IN THIS CONDITION ONLY 4000 MINTED ONLY $75 YOU CAN PICK UP OR I CAN SHIP AUSTRALIA WIDE. Rare Varieties), 1964 Dime Value Guide (Incld. The item is very worn, yet the wear is even, and the overall design details stand out clearly. In the 60s, several silver coins were switched over to the Johnson Sandwich, a mixture of copper and nickel to replace the silver. Late in 1962, the mint eliminated tin from the coin, so the metal mix was now 95% copper and 5% zinc. The collar legends are curved but the E Pluribus Unum is laid out horizontally above the roof. But in the world of coins, the right flaw can be worth hundreds or even thousands of dollars. Yes! It is the result of better environmental conservation, or at least with less exposure to humidity and oxygen than the previous one, regardless of whether a BN has hardly been circulated, but has been stored in a humid place. If a penny is struck on the wrong planchet (either the denomination or the metal mix), it may seem truncated and have some words or features chopped off. But sometimes, the die might strike a coin that already passed through the mint. Signed Copy Collectible - Good. The following few years saw a coin shortage. American pennies are known as Lincoln Cents because theyve carried the portrait of Abraham Lincoln from 1909 to date. SKU:LI6845495. The RD stands for red, the best color grade for copper coins. With, a total of 3,799,071,500 coins were minted. How to recognize the most sought-after patinas. 1906 Indian Head Cent - Great Detail!!!! Unfortunately, coin collectors and dealers had different ideas about what each of these terms represent. Be notified when an answer is posted. @Joe, My friend I'm trying to find out the same answer as you; but what I've learned is, basically look for mistakes on them, how good of shape, getting a penny graded is like 37.00$ so, research, research, research bro. The reasons for a penny's value can range from the obvious to the extremely subtle. On later pennies (from the 2010s), you may find Wide AM and Narrow AM errors. Inscriptions have merged into the rims in some areas, and important elements have been mostly erased. note: This article is periodically updated to reflect the current price of most valuable coins. Uncirculated with great mint shine, very little contact blemishes, and exceptional eye appeal. Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! Theres a dot after the E and on both sides of the Unum. 1977-D Lincoln Cent 50 BU Coins FEDERAL RESERVE BANK Wrapped OBW Paper Roll. But roughly 3B of those pennies were made in 1965. In MS 63 RB (reddish-brown), the coin sold on eBay for about $250. After 1982, the penny changed to 97.5% zinc with a 2.5% copper coating. Rims are almost completely isolated from the field. The bust and legends are usually highly detailed and sharp on most . So these 1963 pennies weigh about 3.11g. "To this date it is a complete mystery as to why these coins were ever produced," said Jamie Hernadez at coin appraiser PCGS. Additionally, due to its low mintage, the 1964 dime is a difficult coin to find in . The patina is the result of the oxidation of the metal by contact with air and other elements that causes some or other tones or colors. If you are new to collecting the prices below may not make much sense. . Over the next few years, this practice of omitting mint marks would be extended to other coins under Mary Adams. Uncirculated with perfect brilliance, a sharp and appealing strike, and extremely good eye appeal. 1964 Penny Value Guides (Rare Errors, D, SMS and No Mint Mark), 1982 Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1962 Penny Value Guides (Rare Errors, D and No Mint Mark), 1919 Wheat Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1967 Penny Value Guides (Rare Errors, SMS and No Mint Mark), 1958 Wheat Penny Value Guides (Rare Errors, D & No Mint Mark), 1907 Indian Head Penny Value (Rare Errors & No Mint Mark), 1980 Half Dollar Value (Rare Errors, D, S & P Mint Marks), 1944 Nickel Value (Rare Errors, D, S & P Mint Marks), 1971 Quarter Value (Rare Errors, D, S & No Mint Marks), 1911 Wheat Penny Value (Rare Errors, D, S & No Mint Marks), 1979 Nickel Value (Rare Errors, D, S & No Mint Marks). 1963 Cents struck on a silver dime (10c) seem truncated and may have reeds. The main factor which distinguishes at 1964 SMS penny from other 1964 pennies is the overall quality of the coin. View All Result Over 3.5 million I believe weren't produced until 1965. As we mentioned above, over 3M proof pennies exited the Philadelphia Mint in 1963. Wow how to tell valuable ones. What Is The Value Of A 1964 Silver Quarter? I also have quartersand nickels with double die. Its a rarity though, because 2 steps down, an MS 64 RD only sold for $20. Under 8x magnification, there are no tiny imperfections discernible; the strike is crisp, and the coin is perfectly centered on a beautiful planchet. What exactly are those? But since the absence of a mint mark could mean Philly or Frisco, some can sell over $10,000. In the 1963 penny, this hoarding habit made the mint ditch tin. Coin collecting can be seen as more of an older hobby, thats been having a rival of late. Specialist Dealers, Forums, and Auction Houses The end coins may be toned but the rest should be nice reds from what we've searched." . Lets look at the value by sub-category. Grade MS61 = $2-$3. The value is around $0.30 in uncirculated condition with a grade of MS-65RD. You are looking : what makes a 1964 d penny rare. Heres a quick recap of 1964 penny values ordered by coin prices: 1964 Penny no mint mark: Philadelphia. So while the earlier coins were bronze (95% copper + a 5% mix of tin and zinc), pennies after 1963 are sometimes classified as brass pennies because they have copper and zinc but no tin. Because of this, the collections of old hobbyists can often crop up at estate sales, and its not unheard of for individuals to get their hands on rare coins that have simply slipped under the radar. Remember Me . The 1964 penny is 19.05mm in diameter (0.075) with a smooth or plain edge. So now youre probably wondering what, exactly, a 1964 SMS penny is and how you can find one. It's a 1963 D penny that appears to be just a bit smaller than the usual cent. What makes a 1964 Kennedy half dollar rare? This is because numismatists will sometimes seek coins with specific dates and mint marks, so Mary believed coins without mint marks wouldnt interest them. 1914-S Lincoln Penny. I primarily collect and study U.S. coins produced during the 20th century. The idea was to produce a coin that honored one of the most popular US presidents. They are 6.25 grammes in weight and contained 0.1808 troy ounces of pure silver. The Sheldon Scale goes from poor (P-1) to perfect mint state (P-1) (MS-70). This page also shows coins listed for sale so you can buy and sell. I have a 1964 no mint bn brown penny and other coins like 69 s mint penny and 44 d and a 45 d penny. Coins are typically struck on blank discs called planchets. Source. Gently used; all gadgets are visible, and the most important ones are bold. Specifically, there are 3 Lincolns on the same penny! The busts, especially on Abraham Lincoln, are also especially sharp. So during contentious years, even the coins made of copper, nickel, or tin got hoarded. (Series A, B, C, D). You can see doubling on the serifs for the Ns, Es, Cs, and Ts in One Cent. The higher the grade, the higher the price increases exponentially, since it is a factor of great importance, especially in coins that tend to circulate a lot, as in the case of cents. Extremely rare lincoln 1964 D cent Planchet error, Major Die Brake x 4 cud. The 1964 D Lincoln Penny is 95% copper and 5% zinc composition, a total weight of 3.11 grams, and a diameter of 19 mm. But some coins were made during that period, except they had no mint marks. Apart from extracting the pennys tin content, 1962 and 1963 were experimental years at the mint. A 1964 PR 70 D-CAM was evaluated at $12,500 while a 1964 MS 65 Special Strike sold for $11,400. 1964 is a year noted for its poor penny mintages, which is why certain errors stand out from other years. So in theory, 1964 pennies are rare. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); I have a 1964 with no mint mark and one with a d mint mark everything is legable and looks flawless, Anyone know if a 1964 Lincoln penny without a mint mark on it,is worth anything or what errors to look for on them. The US Mint solved this by switching to base metals like tin, nickel, copper, and zinc. Notably, he was the first well-known human on any US currency. These are known as specie metals. Is the list above a little overwhelming? A penny saved might just be 8,500,000 pennies earned. A coin microscope is useful for checking DDOs and DDRs. Lot 34: . Usually, for a few dollars, you can also get some beautiful patina, as well as a quality that will surprise your collector friends and family. This post may contain affiliate links. One of 'em appears to be missing TWO dots (7X magnification): Actually, under 15X magnification the dots are almost barely noticeable. Rare Varieties) Rare Varieties) Certain errors can greatly increase their value, mainly due to their being extremely scarce (limited number) and in high demand by collectors of American coins. What makes a 1964 D penny rare? PF means Proof-Like. This detail is lost on many circulated coins, so if you can see it, you have a top seller! Also, President Theodore Roosevelt had requested the mint to hire professional artists who could beautify the designs on existing US currency. The strike is weak to average. Rare 1964 Quarter Errors include: 1964-D Washington, Reverse of 1965 [Also called Type C Reverse, or (RDV-003,)] 1964-D RPM Variety D Over D . Nearly smooth, but without the damage that a coin graded Poor often possesses. That is why certified capsules are a wonderful option both for this and for knowing the grade as we will see below. Breakdown of pricing per condition for 1964 D Nickel as follows. However, you can also make sure by weighing the coin. Find out here 1962 No Mintmark Penny Value. So RPMs could happen quite easily. Also, few of these coins have survived in high grades, so if you check coin grading sites, their listings seem rare. But in the numismatic space, especially for penny enthusiasts, a slight shift in the metal composition made 1963 1-cent coins valuable. One of the areas where the strong details show really well on the 1964 SMS penny is its rim. But that doesnt mean you cant find these rare 1964 pennies if youre lucky, of course! In addition, they certify the authenticity and encapsulate the coin for security purposes, both for its preservation and to facilitate its sale. SMS 1964 pennies are rare and may fetch thousands of dollars at auction. View All Result . What we do know for sure is that the SMS 1964 penny is very rare and commands prices in the thousands! Uncirculated with superb luster, no obvious contact marks to the naked eye, and exceptional eye appeal. 1964 Jefferson Nickel Guide Extremely rare ones like the 1964 SMS penny can fetch thousands of dollars if you find one. Vintage 1/2 Half Cent -1961, 1962, 1963 and 1964 - South Africa . So collectors were already on the lookout for unusual 1962 and 1963 coins. Between 20 and 50 of these SMS, coins are believed to exist, and experimental markings can be seen on the 1964 Penny itself. The finer details are bold and clear, however, light wear may be seen. In this 1964 penny, we can appreciate a multiple minting error. Unfortunately, 1964 pennies are usually worth next to nothing. In 1963, the Philadelphia Mint made 757,185,645 Lincoln Memorial Cents. In low grades, circulated 1964 pennies are only worth 2 cents or so, based on their copper content. Others are BN (brown) and RBN (reddish-brown). Or it could be marks from different mints. 1964 proof penny - 3,950,762 minted; $1+ 1964 SMS penny (special mint set) - approximately 30 estimated to be minted; $5,000+. In 1943, most wartime pennies were 99% low-grade carbon steel with a 1% zinc coating on top. The 1964 penny value has a minimum of $0.15 regardless of whether it carries a mint mark or not. Regnery Gateway. In fact, the 1964 Lincoln cent is one of the most common pre-1982 Lincoln Memorial pennies youll find in circulation today! Real People. She was the Mint Director at the time, and she believed this would resolve the coin shortage. 1967 Penny Value Guide If you buy thru these links, we may earn a commission at no additional cost to you. In the early 1960s, there was a major coin shortage, presumably due to collectors hoarding of circulating silver coins. However, there are rare 1964 SMS coins that can be worth up to $15,600. 9. The material of our penny in question consists of 95% copper and 5% Zinc, weighing a total of 3.11 grams for its 19 millimeters in diameter. For instance, a "mule penny" has the relatively obvious error of a dime design on its reverse. In average condition, a 1907 Indian Head penny is worth $3.30, whereas Uncirculated Indian Head pennies in Mint state condition have an estimated value of $42 up to $63. Clipped coin errors range in price. The removal of tin didnt affect the weight of the coin since they added more zinc to cover the shortfall. The item is very worn, yet the wear is even, and the overall design details stand out clearly. Both are 95% copper. Ed. Copper Alloy Penny. This error could happen if the coin fell into some machinery and got chopped. In addition, there are two mint marks for their manufacture, a typical factor that distinguishes American coins in price, so one must look at other differences to determine a higher or lower value. Its a long story, but Ill zip right to the main points: Why they were made is unknown for sure. Keep those eyes peeled! I have two 1964 coins and Im unsure if they are of value. The most famous error coin may be the infamous 1955 Lincoln penny. The main factor to consider is the quality, as in any other coin, as we will see later, but now lets talk about the patina. Indeed the only coins that contained silver were the Kennedy half dollars from 1965 to 1970, but their composition was not too pure either. The SMS (Special Mint Set) Penny is the most valuable example of the 1964 Penny, and it comes with a pretty interesting story of why it exists. The patina of the penny in question can really alter the value of the 1964 penny with graded coins being given the abbreviations BN, RB, and RD. 5. This MS64 BN copy was sold for $4,312.50 at Heritage Auctions in 2009 pretty bad for a penny! So, how can you tell if you have one of these coveted coins? Lets take a look at these in closer detail. A little weathered, but all of the primary design elements are visible, albeit faintly. 1964 P&D US Mint 10-Coin Silver Mint Set Uncirculated in OGP - 1 Tarnished Coin. There is little if any, central detail left. Some officials at the United States Mint blamed coin collectors for the shortfall. The edges for most 1964 SMS coins also tend to be square and sharp. But 1963 D Error coins can be worth good money, and some are rather rare. It is the result of superior environmental conservation, or at the very least less exposure to humidity and oxygen than the preceding one, regardless of whether a BN has been rarely circulated but stored in a humid environment. I have a 1964 D penny and the vertical leg on the 4 is missing. Pick-up Shop 7 number 6 Lavelle St Nerang POSTAGE AVAILABLE!! A completely separate secondary mintmark is a rarity and would command a higher price. If you had stashed some 1964 Kennedy Half Dollars, you would also seek other denominations from 1963. Uncirculated with perfect brilliance, a sharp and appealing strike, and extremely good eye appeal. In comparison, the Denver Mint coined 1,774,020,400. The two most notable features of the 1964 Penny are that one, half of them were coined in 1965, and two, only the Denver coins bore mint marks. Buy 1964 D 25c DDR Washington Silver Quarter Rare FS-801 Rare AU from only $29.99 Precious Metals & Gems has been a retail / wholesale, full service Jewelry and Coin . They resemble proof coins, but while proofs and other coins are struck multiple times, SMS coins are only struck once, with higher pressure to ensure clarity and make up for the missing strikes. Rarely seen on a coin, this coin is bright and whole, with original luster and exceptional eye appeal. But that's the monetary value, not the collectible value. 1967 Quarter Value Guide, 12 Most Expensive Restaurants in Philadelphia, 10 Most Expensive Camera Lenses You Can Ever Buy. Most worn 1964 pennies are worth the value of their copper content or about 2 cents. They also produced 3,950,762 proof coins. 1955 Wheat Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1946 Wheat Penny Value Guides (Rare Errors, D, S and No Mint Mark). BN Penny In 1963, Philadelphia made 757,185,645 pennies, and 3,075,645 were proof coins. How much is a 1964 penny worth. Also, all SMS pennies dated 1965 were coined in 1966. First, it should be noted that 1964 SMS pennies have normally appeared only in 1964 SMS sets. Known as Special Strike pennies, the coins were a one-off special edition minting in 1964. According to . The Legend of The Rare Penny, 1964 SMS It's a lengthy tale. As such, the 1964-D is the most common coin in a series full of common coins, but collecting by condition and strike may present challenges. Not really. So, while all 1962 Lincoln Memorial cents are worth more than face value, just how much more than face value are your 1962 pennies worth?. Collectible - Good. However, there are rare 1964. Buy & Sell This Coin. Indistinguishable and probably damaged; if used, must have a date and mintmark; otherwise, rather battered. Grade MS66 = $23-$38. The 1963 Penny shares dimensions with other Lincoln Memorial Cents. You can spot one by weighing it, checking the design, or verifying the coloration. The 1923 small cent is the rarest date among Canadian pennies. With, a total of 3,799,071,500 coins were minted. Next came Bicentennial Cents in 2009. Both sides of the coin have entire rims that are separated from the field. The Sheldon Scale is used by numismatists to provide a numerical value to coins. This could be part of the reason why 1963 pennies still draw interest. RD Penny Only around two dozen were made and the difference from regular circulation pennies is subtle. More than 300,000,000 wheat pennies were produced at the Denver mint in 1946, so they are not considered very rare either. They reappeared on currency in 1968. It's likely that an entire run of 250,000 pennies were printed this way, he said. .. However, certain factors like coin condition and rarity can further increase its value. As a result, it is a little more expensive than the preceding one due to its rarity. It is the most expensive patina of the three, being the most appreciated by collectors. The Sheldon Scale is used by numismatists to provide a numerical value to coins. RPM means re-punched mint mark. Other special pennies. Notably, most of the pennies stamped 1964 were actually coined in 1965. Lower quality versions are valuable as well, with MS60 versions appraised at MS60. I am a specialist in Spanish currency (from the Catholic Kings to today), euros and large silver modules.