The 1964 Lincoln penny is a sought-after coin among collectors due to its historical significance and rarity.
Composed of 95% copper and 5% tin and zinc, this penny is part of the last year for 90% silver coins.
Uncirculated or in mint condition, a 1964 penny can fetch a premium, often worth more than face value.
Special varieties, like those with mint errors or double dies, are particularly valuable to collectors.
The 1964 penny comes in two versions: the Philadelphia mint (no mint mark) and the Denver mint (D mark).
Check under the date for a small 'D' to identify if your penny was minted in Denver, which can affect its value.
Condition is key; grades range from Good (G) to Mint State (MS), with MS coins commanding the highest prices.
Proof coins, specially made with a mirror-like finish, are also highly prized and more valuable than regular issues.
To accurately assess your 1964 penny's value, consider consulting a professional coin appraiser or grading service.
Remember, while some 1964 pennies may be valuable, most circulated coins are worth only a few cents over face value.