The 1933 Lincoln penny is a widely sought after and highly treasured collectible coin in the numismatic world. It is one of the rarest coins minted by the United States Mint, with only 8 known to exist.
This makes it an incredibly valuable coin for any collector looking to add this historic piece of American currency to their collection.
The story behind this particular penny adds even more value and intrigue; the US Mint stopped producing pennies during this year due to President Franklin Roosevelt’s order that all gold be confiscated from citizens at face-value prices as part of his New Deal plan.
As such, many of these coins were never released into circulation and today are considered extremely rare finds.
Origins Of The 1933 Lincoln Penny
The Lincoln penny, first issued in 1909 to honor the centennial of Abraham Lincoln’s birth, was redesigned by Victor David Brenner in 1933.
The coin features a bust of President Lincoln on its obverse side and two wheat stalks surrounding the words ‘ONE CENT’ on the reverse.
Numismatists consider the introduction of the 1933 Lincoln Penny to be an important event because it marked the first appearance of Brenner’s initials “VDB” at the base of Lincoln’s shoulder on the obverse side.
This detail caused such a stir that production had to be halted temporarily as demand for these coins surged far beyond what could have been predicted.
Today, collectors eagerly seek out this particular edition of the Lincoln Penny because it has become quite rare; only 484,000 were minted between February 15th and March 12th before being replaced with versions without VDB initials due to public outcry over their presence.
Collectors are drawn to them not only because they’re unique but also for sentimental reasons – after all, few other pieces can boast having spanned three centuries!
Value Of The 1933 Lincoln Penny
The 1933 Lincoln penny is a remarkable coin with an interesting history. As the first year of issue for the Wheat Penny series, it has become one of the most sought-after coins in American numismatics.
Since its introduction nearly 90 years ago, there have been several varieties produced from different mints and die types. It’s worth noting that all 1933 pennies are considered scarce or rare based on their scarcity index ranking:
1. Philadelphia Mint (no ‘D’ mark) – Rare
2. Denver Mint (‘D’ Mark present) – Scarce
3. San Francisco Mint (‘S’ Mark present) – Very Scarce
Given these rarity levels, many collectors prize them as valuable collectibles rather than just another circulating coin. The perceived value varies significantly depending on condition, strike characteristics, and other factors such as if they were part of a proof set or not; however, generally speaking they range anywhere from $500-$10,000+ USD per piece!
Even more amazing is how some specimens may even be valued higher due to extremely limited edition runs or unique errors during production.
For any collector interested in acquiring a 1933 Lincoln penny, they should take into account the associated risks involved before making a purchase decision — after all this could prove to be an expensive investment so caution should be exercised when handling both original pieces and replicas alike. Fortunately though, once properly authenticated by experienced numismatists, these coins can offer great rewards for those willing to invest time and money into owning them!
Rarity Of The 1933 Lincoln Penny
The 1933 Lincoln Penny is a rare coin, with only 8 known examples minted. Its value is estimated at around $250,000, making it a highly sought after coin.
Availability of the 1933 penny is very limited, making it difficult to find, even for the most experienced numismatist. Prices for the penny usually depend on its condition, with some examples going for as much as $1 million.
Collectors should be aware that there are many counterfeit 1933 Lincoln pennies on the market. It’s important to study mintage numbers and other characteristics of the coin in order to verify its authenticity.
With the right knowledge and resources, it is possible to find a genuine 1933 Lincoln penny.
Mintage numbers are an important factor when it comes to determining the rarity of a coin. In particular, the 1933 Lincoln penny is one of the most sought-after coins by collectors due to its limited mintage figures.
It’s believed that only 20 specimens were struck in this year and each of them carries a significant premium value compared to other years. Though exact production figures may never be known, experts believe that all surviving pieces were produced at either Philadelphia or Denver mints and that only a few dozen copies exist today.
As such, original uncirculated specimens can fetch prices well over $100,000 depending on their condition and availability on the market – making it one of the rarest U.S. pennies ever created. The scarcity and immense value make this small piece of history even more attractive for numismatists around the world.
Value & Price
It’s no surprise that the 1933 Lincoln penny is highly sought after by collectors, given its rarity.
The value of this coin has only been increasing over time, making it an attractive investment for numismatists everywhere.
Prices can range from a few hundred dollars to more than $100,000 depending on condition and availability – putting it among some of the most expensive coins in existence.
Even circulated specimens have been known to command high prices due to their historical significance.
Since so few copies are available, any specimen found is considered extremely valuable with prices continuing to rise as demand remains constant.
Availability of the 1933 Lincoln penny is extremely limited, with only a few copies known to exist in any condition.
As such, it’s incredibly difficult for numismatists to find one – and even more so when looking for an uncirculated example.
Some dealers may have them available on occasion but they come with hefty price tags due to their rarity and desirability.
It’s no wonder why this coin is highly sought after by collectors worldwide; its scarcity makes it a valuable asset that can continue to appreciate over time.
Finding The 1933 Lincoln Penny
Searching for a 1933 Lincoln penny is like an elusive treasure hunt. The rarity of the coin has made it almost mythical in numismatic circles, with collectors eagerly scouring auctions and estate sales to find one. To get a better understanding of how rare these coins are, let us take a look at some key facts about them:
The 1933 Lincoln penny is considered extremely rare as there were none released into circulation by the United States Mint that year. Those that have been found were either struck off center and/or minted on copper planchets intended for other denominations such as dimes or quarters. The 1933D Lincoln penny is very rare to find due to its low mintage of only 840,000 pieces. Finally, the 1933S Lincoln pennies had a slightly higher mintage (1,193,000) but can still be difficult to locate since most didn’t survive long enough to enter collections today. All three varieties from this date are highly sought after among serious numismatists and command high prices when they come up for sale. Aspiring collectors should keep their eye out for any opportunity to acquire one of these rarities!
Collecting The 1933 Lincoln Penny
Collecting the 1933 Lincoln Penny is a popular hobby for numismatists. This particular penny has an interesting past, and its history makes it even more desirable to own.
The 1933 Lincoln Penny was never officially released into circulation due to President Roosevelt ordering banks to recall all gold coins from citizens in response to the Great Depression in America. Since this coin was not circulated, most of them were melted down and destroyed, making the few that remain today incredibly rare.
Owning a 1933 Lincoln Penny can be quite rewarding as it serves as an excellent conversation piece when people see it in your collection. It also adds great value to any set or collection you may have.
Here are some key points about collecting this precious item:
-It is important to research extensively before investing in a 1933 Lincoln penny so you know what you’re buying and if it’s genuine.
-If possible, seek out professional advice on whether a certain coin is worth purchasing or not.
-Be sure to buy certified coins whenever possible as they tend to hold their value over time – whereas non-certified coins do not always retain their original worth.
-Look for unique features such as mintmarks which may increase the desirability of the coin and therefore its potential resale value at a later date.
Frequently Asked Questions
What Are The Mint Marks For The 1933 Lincoln Penny?
As a numismatist, I’m sure you know that mint marks are a great way to identify the origin of coins.
The 1933 Lincoln Penny is no exception! This particular penny has an ‘S’ and ‘D’ as its mint mark – indicating it was produced at either the San Francisco or Denver Mint respectively.
It’s important to note that not all 1933 pennies have these two letter combinations; some may only feature one letter, while others don’t have any at all.
How Much Does It Cost To Buy A 1933 Lincoln Penny?
The 1933 lincoln penny is a rare and highly sought-after coin, making it one of the most expensive pennies in existence!
For any numismatist worth their salt, not owning this historic piece could be considered an unforgivable sin.
If you’re lucky enough to find someone willing to part with theirs, expect to pay at least five hundred dollars for the privilege. That’s right – half a grand just for a single penny!
It may sound like madness, but possessing such a unique relic of American history is priceless.
Are There Any Special Varieties Of The 1933 Lincoln Penny?
As a numismatist, I know that there are many special varieties of the Lincoln penny. From doubled dies to over-strikes, each variety has its own unique characteristics.
The 1933 Lincoln penny is no exception and can be found with several different mint marks from Philadelphia and San Francisco as well as die varieties such as full steps on the reverse or ‘wheat’ pennies.
All these special varieties add up to make this one of the most collected coins in American history!
What Is The Best Way To Store A 1933 Lincoln Penny?
Coin collectors have long known that the key to preserving their prized investments is proper storage.
When it comes to storing a 1933 Lincoln penny, there are several strategies for keeping them in great shape.
For starters, coins should be kept out of direct sunlight and away from moisture or extreme temperatures as much as possible.
To further protect your coin, consider investing in an airtight plastic holder with foam padding at both ends – this will ensure that no dust or debris accumulates on its surfaces over time.
Additionally, you may want to cover the top of each coin with tissue paper for extra protection against scratches and abrasions.
With these steps taken, you can rest assured that your 1933 Lincoln penny will remain safe and pristine for years to come!
Is It Legal To Own A 1933 Lincoln Penny?
Yes, it is legal to own a 1933 Lincoln penny.
Numismatists have long been fascinated with the unique design of this coin and its historical significance, as it marks the conclusion of President Abraham Lincoln’s centennial celebration.
The piece can be found in many collections, both private and public, due to its rarity and value among collectors.
As a numismatist, I can say with certainty that the 1933 Lincoln Penny is an interesting and unique coin.
The mint marks for this penny are D, S, and San Francisco.
The price of any given piece will depend on its condition.
There are some very rare varieties to be aware of too!
To keep these coins in the best shape possible, they should be stored in individual holders away from other objects that could cause damage.
Finally, it’s perfectly legal to own and collect Lincoln Pennies from 1933 or any other year!
It’s been an exciting journey learning all about this fascinating coin.
Hopefully, you’re now better informed and ready to start your own collection!