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ToggleLincoln 1972 Penny Value
According to the US Coin Apps Price Guide, As of January 2024, the 1972 Penny Value is approximately 20 to 40 Cents, if it is in average (MS+) condition. But the good condition worth is upto $1. Most Expensive 1972 d penny value is $1250 in 2012.
1972 Penny Value Chart
1972 Penny Value Chart | |||||
Mint Mark | Good | Fine | Extremely Fine | Uncirculated | |
No Mint Mark (Philadelphia) | $0.01 | $0.02 | $0.50 | $0.50 | |
“D” (Denver) | $0.01 | $0.02 | $0.50 | $0.5 | |
“S” (San Francisco) | $0.01 | $0.02 | $0.50 | $1.50 |
History of the 1972 Penny
The 1972 penny minted by the United States Mint was created in three locations: Philadelphia, Denver, and San Francisco. The specific mint can be identified by the mint mark or the absence of one. It consists of 95% copper and 5% zinc. Over 5.5 billion 1972 pennies were minted, making it a widely circulated coin.
Specifications of Lincoln 1972 Penny:
Type of Coin: Penny
Year: 1972 Penny
Mintage: N/A
Mint Mark: Philadelphia (No Mint Mark)
Price: 1 cents – $1.00+
Face Value: $0.01 Cents
Composition of 1949 Nickel: 95% Copper – 5% Tin and Zinc
Weight: 3.11 grams
Diameter: 19 mm (millimeters)
Obverse/Reverse Designer: Victor David Brenner/Frank Gasparro
Edge: Smooth
![1972 Penny Specifications - us coin apps](https://uscoinapps.com/wp-content/uploads/2024/01/1972-Penny-Value-us-coin-apps.png)
Features of the 1972 Lincoln Penny
The 1972 Lincoln penny features a familiar portrait of President Abraham Lincoln on the obverse, with the words “In God We Trust” and the year of issue below it. The Lincoln Memorial is depicted on the reverse. The penny was the last to be made of 95% copper before the composition changed to a copper-coated zinc alloy in 1973.
1972 Penny Types
1972 Penny Types | ||
Location | Year | Minted |
Philadelphia | 1972 No Mint mark penny | 2,933,255,000 |
Denver | 1972 D penny | 2,665,071,400 |
San Francisco | 1972 S penny | 376,939,108 |
San Francisco | 1972 S proof penny | 3,260,996 |
Total | / | 5,978,526,504 |
There are three main types of 1972 pennies, which are characterized by the location they were minted:
No Mint Mark Penny: Pennies with no mint mark were minted in Philadelphia. The lack of a mint mark signifies it is the most common type of 1972 penny.
D Penny: Pennies with “D” were minted in Denver. The “D” mint mark identifies the origin of the penny.
S Penny: The pennies featuring an “S” mint mark were produced in San Francisco.
Also, there is a fourth type referred to as the 1972 Doubled Die Obverse penny. This coin displays an error making it appear as though the inscriptions “IN GOD WE TRUST”, “LIBERTY”, and the date were stamped twice. Of all the 1972 pennies, this one holds the most value to collectors due to its rarity.
1972 S proof Lincoln Penny value
The 1972 S Proof penny can be worth around $1.16 in uncirculated condition which is generally higher in value than the 1972 no mint mark and “D” mint mark pennies.
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1972 Penny Grading
For the 1972-D (Denver) penny, it is fairly common in circulated grades up to the MS65 condition. However, when it reaches the MS66 grade, it becomes scarce, similar to the scarcity of the 1969-D and 1973-D in this grade and higher. When it’s in the MS67 grade, it becomes one of the scarcer issues in the Lincoln Cent series.
Rare 1972 Penny Error List
- 1972 Doubled Die Obverse Lincoln Penny: For this error, visible doubling can be seen on the obverse inscriptions including “LIBERTY”, “IN GOD WE TRUST” and the date. There are around ten different 1972 Doubled Die Obverse (DDO) Lincoln penny types. However, the ones with easily visible doubling on obverse inscriptions hold higher value.
- Unofficial Lincoln 1972 Penny Variety with J.F Kennedy’s Image: Some entrepreneurs struck President J.F Kennedy’s image into the Lincoln penny. They created the double-head penny with Lincoln and Kennedy facing each other. While this is not a mint error, but a creation from a non-government entity, it makes the list due to its intriguing nature, though they do not command high value.
- 1972 Lincoln Penny Off-Center: This error features an off-center strike, which means that the penny was not struck squarely by the dies during minting.
- 1972 Lincoln Penny Struck-Through Grease Error: This error occurs when the coin’s die is filled with grease, inhibiting the strike process and resulting in a coin with missing or weakened design elements. For example, this error might lead to a partial or complete absence of the part of the inscription “STATES OF”. may also like to read In Cod We Trust Quarter Value 2022
Is a 1972 penny worth anything?
Yes, a 1972 penny is worth more than its face value. Its value can range from 2 cents each for their copper content to significantly more depending on its mint mark, condition, and if it has any numismatic errors
1972 penny worth money?
Yes, especially for coins in excellent condition or with certain errors.
1972 penny value no mint mark?
The value of a 1972 penny with no mint mark can range from $0.01 to $0.25 or more in uncirculated condition.
Why is the 1972 penny worth so much?
The high value of some 1972 pennies is due to its copper composition, and to collector interest in the various mint marks, and sought-after error coins from that year.
1972 penny no mint mark value?
A 1972 penny with no mint mark (indicating it was minted at Philadelphia) can be worth around $1 in uncirculated condition with an MS-65RD grade
How much is a 1972 d penny worth?
A 1972 D penny can range in value from $0.01 to $0.25 or more in uncirculated condition.
Is the 1972 D penny rare?
The 1972-D penny isn’t rare in general. However, versions that have printing errors or those in extremely fine or uncirculated condition are considered rare.
What makes a 1972 penny valuable?
Factors such as condition, rarity, error varieties, and mint marks can add to a 1972 penny’s value.
Lincoln 1972 S Penny Proof Value?
The 1972 S Proof Lincoln penny is generally more valuable than others and can sell for around $1.50 in uncirculated condition.
Is a 1972-S penny rare?
While not extremely rare, a 1972-S penny is somewhat harder to find than pennies minted at other locations and they command higher prices, particularly in excellent condition.
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Frequently Asked Question
What is special about the 1972 penny?
The 1972 penny is special due to the “doubled-die obverse” mint error that occurred on some of these coins. In this error, details appear to have been stamped twice on the penny.
Is the 1972 D penny rare?
The 1972 D penny is not particularly rare and can often be found in circulation. However, in high-grade mint state conditions (MS66 and above), it becomes scarce.
Is a 1972-S penny a proof?
The 1972-S (San Francisco) penny was produced in circulating and proof versions. However, whether a 1972-S penny is a proof coin depends on its specific finish and attributes. Proof coins typically have a mirror-like background and more intricate designs.
Why is the 1971 penny so expensive?
Typically, 1971 pennies aren’t worth much more than face value. However, exceptional condition coins, those with errors, or those with an “S” mint mark from San Francisco, can be valuable as they are sought after by collectors.
What year penny is rare?
One of the rarest pennies is the 1943 copper-alloy cent. Due to the demand for copper during World War II, pennies were made out of steel. However, a few pennies were mistakenly struck on copper-alloy planchets, making them extremely rare.
What year penny is most expensive?
The 1943-D bronze Lincoln cent is considered the most valuable penny ever sold, going for $1.7 million in a 2010 auction.
What coin is worth $1000000?
Numerous coins could be worth $1,000,000 or more due to their rarity, precious metal content, and condition. Among them is the 1913 Liberty Head V Nickel, which has fetched more than $3 million at auction.
What year penny is worth $20000?
The exact year and the rarity of a penny can bring different value, but if we are watching specific cases, a rare 1943 Lincoln penny sold for $20,000 at auction in 2018.
What penny is worth $50000?
The 1943 bronze Lincoln penny has been known to sell for $50,000 and more at auction, due to its rarity.
How much is a Lincoln 1972 penny worth?
A regular circulating 1972 Lincoln penny in good condition is typically worth its face value. However, if it’s in mint state condition or has the major “doubled-die obverse” error, it can be worth significantly more.
How much is the Lincoln penny worth?
The value of a Lincoln penny largely depends on its date, mint mark, condition, and any potential errors. However, generally, Lincoln pennies in normal circulation are usually worth their face value of one cent.
Which year is the rarest penny?
Generally, the 1943 copper-alloy cent is considered one of the rarest and most valuable U.S. pennies.
How much is a 1972 proof dollar coin worth?
The value of a 1972 proof dollar coin can vary widely depending on its condition and specific variety, as several versions were minted that year. Some can be worth a few dollars, while others may reach values of several hundred dollars.
What makes a 1972 dollar rare?
A 1972 dollar becomes notably valuable if it is a specific variety known as the “Type 2” or “High Relief” Eisenhower dollar. This coin, which lacks a mint mark, has a different design on the reverse and was only struck with a proof finish.
How much is money in 1972 worth today?
According to the U.S. Bureau of Labor Statistics’ inflation calculator, $1 in 1972 is equivalent to approximately $6.30 in 2022.
What are the different types of 1972 dollar coins?
There are three main types of 1972 Eisenhower (Ike) Dollar coins – Type 1, 2, and 3. These types refer to the design features on the reverse of the coin regarding the image of the eagle landing on the moon.
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