What does it mean if there is no mint mark?
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Absence of a mint mark typically means the coin was produced at the Philadelphia Mint [1]. The Philadelphia Mint is the primary U.S. Mint facility and historically did not use a mint mark, as it was considered the standard mint.
Is no mint mark more valuable?
All coins issued by the San Francisco Mint as part of these proof sets should contain an “S” mint mark. Any that don't are considered error coins and are incredibly valuable. Most notably is the 1975-s “no mint mark” Roosevelt dime of which only two are known to exist.
What does no mint mark mean?
American coinage today primarily uses four mint marks: "S" for San Francisco, "D" for Denver, "P" for Philadelphia, and "W" for West Point. Most circulating coins either have a "P," "D," or no mint mark (which signifies Philadelphia as the production facility).
Is no mint mark an error?
Philadelphia never put mint marks on their coins until relatively recently, other than war nickels. All other mints put mint marks, but it was assumed, no mint marks equals Philadelphia. What makes a no mint marks coin an error is that it wasn't minted in Philadelphia and should have a mint marks.
Is it rare for a coin to not have a mint mark?
Not all coins have mint marks. For many years, Philadelphia minted millions of coins without their (P) mint mark simply because they were the only Mint in production, and there was no need to verify the location where the coin was struck.
What do MINT MARKS on coins mean? (What does NO mint mark mean?)
Why is a 1983 penny worth $10,000 today?
What Makes a 1983 Penny Worth Money? First, 1983 penny errors like doubled dies, off-center strikes, and clipped planchets. These production mistakes are rare and valuable. The 1983 copper cent, one of the rarest varieties, weighs more, is composed of 95% copper, and can cost thousands of dollars in auctions.
Why is the 1943 penny worth $1,000,000?
This rare 1943 Lincoln cent is only 1 of 15 known in the world. Photograph courtesy of The Money Museum. This rare cent is one of approximately 15 examples found in circulation. Known as error coins, these rare pennies were made using copper instead of zinc, and were never intended to be struck.
Why are 1999 pennies worth $4,500 today?
A 1999 penny can be worth as much as $4,500 today because of a rare minting error called a “wide AM” variety, where the “A” and “M” in “AMERICA” are spaced further apart than normal.
Why is a 1982 penny worth $10,000?
This weight discrepancy is due to a rare occurrence where a penny was mistakenly struck on a mostly copper planchet instead of the usual zinc-coated copper. According to Couch, a penny of this kind was sold at auction “for over $10,000,” showcasing the incredible value that can come from this seemingly ordinary coin.
What year is penny worth $20,000 today?
That makes them much easier to find than the 1969 Doubled Die coins. Bucki estimates that a 1992 Close AM coin in fairly new condition could be worth about $20,000, while a used one could sell for around $2,000 to $3,000.
How to check if a coin is minted?
A mint mark is a letter, letters, or symbol indicating the mint where a coin was produced. While additional marks, such as mint master and assayer marks, may offer variations that hint at a coin's origin, the mint mark represents the true institution where the coin was created.
Is a 1965 No mint mark Quarter worth anything?
1965 Quarter No Mint Mark Value
Currently, circulated 1965 quarters generally fetch up to $0.85. However, pristine mint state examples can command significantly higher prices, with values reaching as high as $5,250. Below is an estimated breakdown of values for mint state 1965 quarters: MS 60: $1.
How much is a 1920 No mint mark worth?
1920 No Mint Mark Wheat Penny Value
In the circulated condition, a 1920 no-mint mark wheat penny minted in Philadelphia is worth around $. 10 to $1. In uncirculated condition, this valuable coin is worth $50 or more. Higher grades can be worth upwards of $10,000.
How much is the 1947 to 1972 Elizabeth and Philip coin worth?
What is the 20 November 1947-1972 coin? These coins were sold by banks and post offices to celebrate the 1972 silver wedding anniversary of Queen Elizabeth II and Prince Philip. Because more than seven million were struck, they are fairly common today and not worth much more than their face value, which is 25p.
What's the rarest mint mark?
The Rarest Mint Mark on a coin: 1870-CC
The 1870-CC mint mark is especially notable for several coins: 1870-CC Liberty Seated Dollar: This coin is one of the rarest, with only 11,758 pieces minted. In high grades, it can fetch upwards of several hundred thousand dollars.
Which penny is worth $100,000?
1877 Indian Head Penny - $100,000
The 1877 Indian Head penny is undeniably the most desirable coin in the entire circulation strike series. It was minted at the Philadelphia Mint. It has the second lowest mintage, with only the 1909-S Indian Head penny having a lower mintage.
Should I clean old pennies?
Polishing and/or cleaning coins can reduce their value. Older coins that show deep age coloration are more desirable than coins whose surfaces have been stripped away by improper polishing or cleaning. If you do polish a coin to remove dirt, use mild soap and water.
What is the rarest penny to find?
7 Most Rare Pennies — and What Makes Them Unique
- 1856 Flying Eagle Cent. ...
- 1864 Indian Head Penny – "L" on Ribbon. ...
- 1909-P and 1909-S VDB Lincoln Pennies. ...
- 1943 Lincoln Cent Struck on Bronze Alloy. ...
- 1944-S Lincoln Steel Penny. ...
- 1969-S Lincoln Penny – Doubled Die Obverse. ...
- 1958 Doubled Die Obverse Cent.
Should I sell my 1943 steel penny now?
Curious to know “how much is a 1943 steel penny worth now”? The value of a 1943 steel penny, as of 2025, typically ranges from 20 cents to $20, depending on its condition and mint mark. Rare error coins, like the 1943-D steel penny with a doubled mintmark, can be worth several hundred dollars.
What penny is valued at 2.3 million?
A 1943-D Lincoln Bronze Wheat Penny sold for $1.7 million in 2010 but is valued at $2.3 million in uncirculated mint condition.
How to tell if your penny has an error?
Look for Misstrikes: Sometimes pennies are struck off-center, a condition where the design is not precisely in the middle. These coins can have a missing portion in the design or even a space that makes the coin rare. Check for Double Dies: A double die error occurs when the coin's design appears to be doubled.