How Much is a 1961 Penny Worth?


The 1961 Penny was the first U.S. coin to feature the same face on both sides as the Lincoln Memorial cent. The obverse has a bust of Lincoln, while the reverse features a small figure of Lincoln seated inside the Lincoln Memorial. Victor David Brenner created the Lincoln cent, and the Lincoln Memorial was added to the reverse (“tails side”) in 1959 to replace his Wheat Ears design. Frank Gasparro created the reverse of the 1961 Penny. As a result, VDB and FG may be seen on the obverse and reverse of the coin. Also, VDB & FG are visible below Abraham Lincoln’s shoulder on the front and close to the right of the Lincoln Memorial among the bushes.

The United States Mint only produced a small number of 1961 pennies for coin collectors. Proofs are collectible coins that are struck on polished blanks using specially prepared dies and have a mirror-like finish. The Philadelphia Mint produced proof 1961 pennies included in 1961 proof sets. In 1961, a total of 3,028,244 proof cents were minted. Even though they were never circulated, one hundred nine hundred sixty-one proof pennies can still be purchased from coin dealers today. The 1961 proof Lincoln Memorial cents are very common — and most are not very expensive to buy — with over 3 million specimens struck.

How Much is a 1961 Penny Worth?

A 1961 Penny is worth $1 to $2. A 1961 penny-graded PR69DCAM by Professional Coin Grading Service was sold for $4,320 at an auction in 2018. This is the highest value ever given to a 1961 penny.

Only copper can be found in most 1961 pennies circulating for decades. The copper melt value per penny is about $0.02. In uncirculated form, you may only sell these coins at a premium. When found in MS-63RB condition, the 1961 penny with no mint mark and the 1961 D penny are worth around $0.15 apiece in uncirculated form. MS-65RD coins are worth approximately $0.30 in uncirculated conditions. In PR-65RD condition, proof coins with no mint mark sell for about $1.50 a piece. Proof coins in the amount of 3,028,244 were struck.

MS-63RB choice uncirculated- There are some flaws or contact marks in the central focus regions. As a result, the coin’s brilliance may fade. It has a reddish-brown hue to it. MS-65RD gem uncirculated — This coin has a lot of radiance and a pleasing appearance. There may be a few faint touch traces, but they are hardly perceptible. This item’s hue is red. This coin is flawless proof of the PR-65RD. There may be a few flaws. This item’s hue is red.

How Much is a 1961 Nickel Worth?

1961 Nickel is worth $0.05-$0.10. While an MS+ grade 1961 Nickel is worth $25 in a public auction.

In the 1960s, nickel strikes increased steadily. Denver nickel output surpassed 229 million pieces for the first time in 1961, a new record. Today, they are regarded as plentiful. There is a good chance that this year’s Denver mint variety will be the most sought-after. The premium value may be seen in Mint State instances. The most common condition has been worn and circulated a lot. Reverse “D” mintmarks distinguish Denver-minted coins from those from other mints. A little “D” mark on the coin’s rim next to Monticello reveals that he eventually made it in Denver.

Coins from the Jefferson nickels series, particularly those from the late 1960s, show a common characteristic. Nickel is a complicated metal to work with, as seen by the various quality of strikes on the coins. Hardness in nickel is desirable since it can withstand long-term use. But, this toughness eventually contributes to multiple problems making a detailed coin. In addition, coin shortages in the United States necessitated an increase of small coinage. The two mint variants of 1964 nickels are in plenty now because of their high initial mintage.

How Much is a 1961 Quarter Worth?

Fine condition 1961 quarter with no mint mark is valued at $6. Uncirculated, an MS 60 coin is worth around $9. An MS 65 uncirculated 1961 quarter is valued at $15. A well-preserved 1961 D quarter is worth about $6.

The last year silver quarters were manufactured in the United States was 1961. The 1961 Penny is also valued as numismatic & silver bullion. This coin is worth its weight in silver in a circulating state. As of February 17, 2022, the silver melt value of this coin is $4.30. The current spot silver price of $23.77 per ounce is used to determine this metal’s melt value. An exceptionally perfect form, a 1961 quarter without a mint mark is worth roughly $6. Coins graded MS 60 or above are worth around $9 if uncirculated, and the MS 65 grade 1961 penny uncirculated coins are valued at $15.

How Much is a 1961 D Penny Worth?

The value of a 1961-D penny is about 2 cents. And the un-circulated pennies are valued between 10-20 cents. An MS67RD 1961-D 1961-D was sold for $4,406.25 at a 2014 auction after being rated by Professional Coin Grading Service.

“In God, We Trust, Liberty, D” and “E Pluribus Unum, Monticello, Five Cents, 5, United States of America” are the obverse and reverse inscription of the Jefferson Nickel. Jefferson’s whole Monticello home is seen on the coin’s reverse, which bears a bust of President Thomas Jefferson facing the left. Jefferson Nickel, Five Cent pieces are worth their original value in most cases. On the other hand, some of the coins are rarer or include silver. These coins might be worth a little more than their face value. Anyone with a coin shop nearby will try to buy these coins at face value.

The obverse (head’s side) of the 1961-D Lincoln penny has the “D” mintmark from the Denver Mint. Among the 1961-D Lincoln Memorial cents, the most frequent is the 1,753,266,700-minted one. The 1961-D Lincoln cent is hardly an uncommon coin, although only a small number of them are still in circulation. Because of the coin’s copper content, 1961-D pennies are collectible, just like the Philly Lincoln cent.

A near-perfect 1961 D quarter sells for roughly $6 on the secondary market. Coins graded MS 60 or above are worth around $9 if uncirculated, and approximately $17 is the going rate for MS 65 uncirculated coins. In PR 65 condition, proof coins without a mint stamp are worth $12, and it is the total number of proof coins produced.

What Makes a 1961 D Penny Valuable?

1961 D Penny is made up of copper. 1961 D Penny comprises 95% copper & 5%zinc. 1961 penny copper is worth roughly twice as much as its face value now. The rare availability of these pennies can also be a reason.

The 1944 Lincoln penny is collected not only for its design but also for its rarity. Since authorities will make no more 1944 Lincoln cents, the value of these rare coins will only increase in the future. Most of these coins have been through wear and tear since they are always in circulation, and it shows that they weren’t “helped” by a dishonest mint employee, which is good news. However, the most valuable is an immaculate sample from the Denver Mint, of which only one is known to exist. It’s the world’s most expensive Lincoln penny.

How Much Does a 1961 Penny Weigh?

1961 Penny Weights 2.7 gram. 

President Lincoln’s image is prominently shown in the obverse (front). There was an American President on the penny for the first time. Until then, the faces of coins were designated exclusively for monarchs, kings, and queens. Many people regard the years 1961 and 1961 D Lincoln Pennies as key dates in American history. Be sure to keep track of the calendar year. This coin’s RD and RB color variants should be on your radar. General strikes and Penny Strikes on Dime Planchets are notable examples of mistakes.

Conclusion

Overall 1961, Lincoln pennies aren’t worth very much nowadays. However, uncirculated pennies can command a premium price. A 1943-D Lincoln cent minted on a bronze planchet was the most expensive penny sold at auction. The 1943-D penny was sold at $1,700,000 in a private auction in September 2010 through Legend Numismatics. The quality and rarity of a penny determine its value. Although most pennies are only worth a few dollars, you may have a handful worth a lot more. We hope you must have acknowledged everything about 1961 Lincoln Penny.

If you like bills and coins, you should learn more about Gold and Silver IRAs. You can protect your retirement fund if you invest in precious metals. Investors with gold IRAs can hold physical metals such as bullion or coins. Get a free pdf about Gold IRA.
GET GOLD IRA GUIDE

Fxigor

Fxigor

Igor has been a trader since 2007. Currently, Igor works for several prop trading companies. He is an expert in financial niche, long-term trading, and weekly technical levels. The primary field of Igor's research is the application of machine learning in algorithmic trading. Education: Computer Engineering and Ph.D. in machine learning. Igor regularly publishes trading-related videos on the Fxigor Youtube channel. To contact Igor write on: igor@forex.in.rs

Trade gold and silver. Visit the broker's page and start trading high liquidity spot metals - the most traded instruments in the world.

Trade Gold & Silver

Diversify your savings with a gold IRA.

Gold & silver portfolio-building assistance from product professionals.

VISIT GOLD IRA COMPANY If you want to trade stocks try: TRADE IDEAS

Recent Posts