1964 Penny Value: Is Yours Worth $27,500?

Melissa Adams

Melissa Adams is a programmer focused on developing apps for iPhone and Android. This blog is devoted to her special interest — coins and numismatics. Melissa is a collectionner and history lover, and in her articles she shares both collection insights and historical facts for enthusiasts. Stay tuned for more education on the go!

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What Can You Expect from a 1964 Lincoln Cent?

If you’ve ever sorted through your spare change and found a penny from 1964, you’re not alone. These coins are incredibly common—but before you toss it back into your jar, take a closer look. That small piece of copper could hold more value than you expect.

The 1964 Lincoln penny, also known as a wheat reverse memorial transition coin, is notable not just for its widespread availability, but also for the special traits some rare 1964 penny types carry. If you are keen on history or seeking for a treasure in your change jar — this article educates you on both topics.

What Is a 1964 Penny Worth? A Comparative Table

Before we start exploring 1964 error penny varieties and some excessive price cases, let’s look at the most common types and see how much does a 1964 penny worth normally

For most people, a 1964 penny isn’t exciting. It’s not made of silver, it’s not especially old, and it’s not flashy. But here’s why it should get your attention:

1. Historical Importance

This was the last year the U.S. Mint produced circulating coins with 95% copper before beginning to phase in coins with a higher zinc content. That alone gives it appeal for those interested in pre-1982 copper coins.

2. Collectability

Because it’s a transitional piece—produced before major design or composition shifts—it draws attention from collectors. Some want a full run of Lincoln Memorial pennies. Others are focused on copper coin collections with unique mistakes or signs of time, so the 1964 penny value error gets higher each year.

3. Hidden Value in Condition and Errors

The most valuable 1964 pennies are those in exceptional condition or containing mint errors—features that are often overlooked by casual collectors or coin hoarders.

So, how much is 1964 penny worth? Here are some examples:

  • A commonly circulated 1964-D penny may be worth only 1 to 10 cents.
  • A red, uncirculated 1964 penny in MS-66+ condition can sell for $20 or more.
  • Certain 1964 D penny errors—like double dies or off-center strikes—can be worth $100 to $250+, depending on rarity and demand.

The Story Behind the 1964 Lincoln Penny

The 1964 penny with no mint mark or with a D features President Abraham Lincoln on the obverse, a design first introduced in 1909 to celebrate the 100th anniversary of his birth. On the reverse, you’ll find the Lincoln Memorial, which replaced the original wheat ears in 1959. This reverse remained in place until 2008, when the U.S. Mint released a new design for Lincoln’s bicentennial.

In 1964, the U.S. Mint produced over 6.5 billion Lincoln pennies—making it one of the most minted coins in American history. Here’s a quick breakdown of the mintage:

Despite this massive quantity, collectors still can seek out 1964 Lincoln penny no mint mark today—mainly due to rare errors, exceptional condition coins, and valuable varieties.

1964 Penny SMS Value1964 Penny SMS Value

Factors That Determine the Value of a 1964 Penny

You’ve got your hands on a retro coin from the 20th century! Let’s observe it and break down the key factors that influence how much your 1964 penny is worth.

Mint Mark

  • Philadelphia (no mint mark): Still common, and 1964 penny value no mint mark is not very high, but some high-grade examples exist and can be found relatively simply.
  • Denver (D): Produced in even higher numbers, but equally pricey in top condition. A valuable 1964 D penny error still can be easily found anywhere.

Condition (Grade)

The better the condition, the higher the chance to see the most valuable 1964 D penny value. Numismatists use a 70-point scale to describe condition:

  • Good (G-4): Heavily worn
  • Fine (F-12): Moderate wear with clearer details
  • Extremely Fine (EF-40): Light wear, strong details
  • Mint State (MS-60 to MS-70): No signs of wear, as struck

Coins in MS-65 or higher, especially with original red luster, command premium prices.

Here’s a general breakdown of 1964 penny values based on their conditions and mint marks:

Values can fluctuate based on the coin market and collector demand.

Color and Luster

Copper coins age in three general color categories:

  • Red (RD): Bright copper tone; most valuable
  • Red-Brown (RB): Mixture of red and brown; moderately valuable
  • Brown (BN): Darkened from age; least valuable

How Coin Color Impacts Value: Red vs. Brown Pennies

Copper coins naturally change color over time. The way they’ve aged—or haven’t—has a direct impact on how much is a 1964 D penny worth. Professional coin grading uses three categories to classify color on copper pennies:

To preserve red tones, coins must be stored properly from the time of minting. That’s why RD coins in Mint State 65 or higher are rare—and command a premium 1964 penny value D.

What Makes a 1964 D Penny Rare

While billions of 1964 Lincoln pennies were minted in the United States of America, only a small percentage is considered rare or highly valuable. The distinction comes down to mint errors, varieties, striking quality, and preservation. If you’re wondering ‘Is a 1964 penny worth anything?’, here are key signs of a possibly high quality coin.

Die Variety

Some 1964-D cents have subtle differences in design caused by worn or modified dies. These varieties are less dramatic than true mint errors but still attract collectors and raise 1964 no mint mark penny value.

  • Example: Repunched Mint Mark (RPM) – where the “D” was punched more than once at different angles.
  • Value: $5 to $75 depending on clarity and grade.

Exceptional Strike and Preservation

Coins with sharp features, strong luster, and zero wear are rare simply because most pennies enter circulation immediately. Finding a pristine 1964-D cent with Full Red luster and MS67 or higher is rare—and some penny 1964 D value raised to $500 and more at auction.

Noteworthy Auction Sales of 1964-D Pennies

The highest-value 1964 cents ever sold are those with a combination of factors—Red color, Mint State condition, and errors or varieties. Here are a few impressive examples of excessively high 1964 no mint penny value:

Prices fluctuate based on market demand, grading authority, and collector interest.

1964 Penny Error List

1964 penny errors are among the most exciting finds in coin collecting because they can transform an ordinary penny into a collectible item worth hundreds. Here are some of the most notable 1964 penny errors to look for (scroll to the next section to see a simplified table with all errors):

Find Out How Much Is a Penny from 1964 Worth:
a Simple Guide for Coin Lovers

One of the most exciting aspects of coin collecting is discovering an error coin—a factory-made mistake that slipped through the U.S. Mint’s rigorous quality control. These flawed coins are not just curiosities; some are incredibly valuable. If you’re holding a 1964 penny and suspect it may be a rare error, here’s how you can identify what is a 1964 d penny worth like a pro.

Start with a Visual Inspection (No Tools Yet)

Place your penny under natural light and slowly rotate it. You’re looking for anything unusual in the design:

  • Is the image off-center?
  • Does the coin appear misaligned?
  • Are letters or numbers doubled?
  • Does anything seem… missing?

Trust your eyes—many major errors are visible without magnification.

Common 1964 Penny Errors to Look For

Take a quick look on this 1964 D penny error list while estimating the coin’s price.

Tools to Help You Spot Errors

To go beyond the basics, consider these tools:

  • Jeweler’s Loupe (10x magnification): Perfect for spotting doubling, RPMs, and fine die cracks.
  • Digital Microscope: Allows you to capture images and zoom in on small flaws.
  • Reference Books: Titles like Cherrypickers’ Guide to Rare Die Varieties provide verified photos for comparison.
  • Coin ID Scanner App: Snap a picture of your penny and the app will detect possible errors, varieties, and assign a market-based value instantly.

For collectors who want to be sure is a 1964 d penny worth anything, the Coin ID Scanner app is a reliable tool. Just snap a photo of your coin, and the app compares it against a database of over 150,000 coins to instantly provide:

  • Coin type and year
  • Value range based on market data

It’s especially helpful if you’re new to numismatics and want to verify coins quickly without costly third-party grading.

Bonus Tip: Compare with a “Normal” 1964 Penny

If you have multiple 1964 pennies, place them side by side:

  • Look for inconsistencies in the lettering spacing.
  • Compare the “4” in the date—doubling or misplacement is a classic clue.
  • Check the Lincoln Memorial for distortions or ghosting effects.

Sometimes, the best way to spot an error is by seeing what shouldn’t be there.

Still Unsure? Here’s What to Do

If you suspect your penny is rare but need confirmation:

  1. Use Coin ID Scanner: Get instant error and variety feedback.
  2. Submit to a Professional Grading Service: PCGS, NGC, or ANACS can authenticate and encapsulate your coin.
  3. Ask Experts Online: Post clear photos in coin collecting forums like Coin Community, Reddit’s r/coins, or Facebook groups.

The 1964 Lincoln penny may be one of the most common coins in circulation, but hidden among the billions are valuable gems—rare errors, high-grade examples, and standout varieties that collectors actively seek. Whether you’re holding a bright red Mint State coin or a quirky off-center strike, there’s potential value in your hands.

By understanding what to look for—mint marks, condition, color, and errors—and using tools like the Coin ID Scanner app, you can confidently identify and evaluate your finds. So before you spend that old penny, take a closer look—it might just be worth far more than one cent.