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.

Penny 1961 D

The United States Mint only produced a small number of 1961 pennies for coin collectors. Proofs are collectible coins struck on polished blanks using specially prepared dies with 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 expensive — 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, 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 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 apiece. Proof coins in the amount of 3,028,244 were struck.

MS-63RB choice uncirculated—Some flaws or contact marks in the central focus regions may fade the coin’s brilliance. It has a reddish-brown hue. 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 up to $0.10. Meanwhile, an MS+ grade 1961 Nickel is worth $25 in a public auction.

In the 1960s, nickel strikes increased steadily. Denver’s 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 beside Monticello reveals that he eventually made it in Denver.

Coins from the Jefferson Nickel series, particularly those from the late 1960s, share a common characteristic. Nickel is a complicated metal, as seen by the various quality of strikes on the coins. Nickel’s hardness is desirable since it can withstand long-term use. However, this toughness eventually contributes to multiple problems in making a detailed coin. In addition, coin shortages in the United States necessitated an increase in small coinage. The two mint variants of 1964 nickels are 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 determines 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?

A 1961-D penny is about 2 cents, and uncirculated pennies are valued between 10 and 20 cents. An MS67RD 1961-D 1961-D was sold for $4,406.25 at a 2014 auction after being rated by the 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 inscriptions 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 usually worth their original value. 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 uncommon, although only a few 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 the going rate for MS 65 uncirculated coins is approximately $17. In PR 65 condition, proof coins without a mint stamp are worth $12, and this is the total number of proof coins produced.

What Makes a 1961 D Penny Valuable?

The 1961 D Penny is made of copper. It comprises 95% copper and 5% zinc. 1961 penny copper is worth roughly twice 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 than 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 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, in 1961, Lincoln pennies weren’t worth very much nowadays. However, uncirculated pennies can command a premium price. The most expensive penny sold at auction was a 1943-D Lincoln cent minted on a bronze planchet. 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 have acknowledged everything about the 1961 Lincoln Penny.

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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

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