Due to the larger number of coins mintage the value of the 1962 penny is less. Pennies were made in 1909 on the 100th birthday of Lincoln’s president. These coins have been liked by collectors since it is first made in brass series from 1962 to 1982. Let’s get started with How Much Is A 1962 Penny Worth?
1962 Lincoln Penny Features
1962 Penny Obverse
The front side of this coin has a photo of Abraham Lincoln 16 US president. The front side design was first made in 1909 and was added at the request of Roosevelt. This design was made by Victor D. Brenner. On this side of the coin, there is the motto IN GOD WE TRUST written on the upper part of the coin, and the word LIBERTY is also added. The mint mark D or S is also on the coins.
1962 Reverse
The back side of the coins has the Lincoln Memorial and this design was made by Frank Gasparro. On the Lincoln Memorial, there can be a photo of Lincoln between the monument’s two central columns. This first coin has photos of the same person on both sides. So it is considered a high value for collectors. The word UNITED STATES OF AMERICA is also written on the upper edge of coins and the lower edge has ONE CENT. The phrase E PLURIBUS UNUM, is also added on this side.
Some other features of the 1962 penny are;
- It is part of a series of Lincoln Cents, Memorial Reverse (1959-2008).
- It is made by the Philadelphia, Denver Mint.
- A total of 2,402,411,419 coins were made.
- Its front design made by Victor D. Brenner and its reverse was made by Frank Gasparro.
- It is made with the use of brass and weighs 3.11 grams and its diameter is 19mmm.
1962 Lincoln Penny Value Chart
| 1962 Penny Mint Mark | MS60 | MS61 | MS62 | MS63 | Ms64 | MS65 | MS66 | MS67 |
| No Mark | 1$ | 1$ | 1$ | 2$ | 3$ | 25$ | 240$ | |
| Proof Penny | 1$ | 30$ | 75$ | 475$ | ||||
| D | 1$ | 1$ | 3$ | 18$ | 1000$ |
History Of 1962 Penny
The first penny was made in 1909 on the 100th birthday of Lincoln and the 1962 penny was part of the Lincoln series. The Lincoln penny is the first coin that has a photo of any person. On the front side of the pennies Lincoln’s photo added and reverse design at the starting time has two wheat stalks so some Lincoln pennies are known as wheat pennies. In 1959 at the 150th birthday of Lincoln Pennies back side was changed with the Lincoln Memorial in Washington DC. The 1962 pennies also have the memorial on the back side. The 1962 coins were made with the use of bronze 95 percent and five percent tin and zinc. After 1962 time was removed from the creation of coins. So pennies are known as created with the use of brass. Now penny’s composition is 95 percent copper and 5 percent zinc.
1962 No Mintmark Penny Value
The Philadelphia Mint produced 606,045,000 pennies in 1962. These coins are considered rare sie they are made with the use of 95% copper, and 5% zinc. The vlaue of copper increases so people are saving pre-1982 Pennies that have copper content. Due to copper content, these coins have a value of two to three cents. The 1962 pennies in uncirculated condition have a value of ten to twenty cents. The most valuable 1962 penny sold for $8,812.50 in 2014 with a grade of MS67+RD.
1962 Proof Penny Value
The P mint made a business strike and proof pennies in 1962. Proof coins are made with the use of special dies and polished planchets. These coins were made of about 3.2 million. Their larger number makes it easy to find proof coins.
- PR63 grade red penny value is seven dollar
- PR67 red color =25$
- PR67 Cameo= 30$
- PR6 Deep Cameo= 32$
- PR69= Deep cameo sold in an auction 2005 for 2559$