The value of a 1972 Lincoln penny in average condition can be one cent and in mint state can be about eight dollars based on the condition and error of coins and can have a value of hundreds and also thousands of dollars. They are more than fifty years of age and can have a value of the good. Normally vlaue of coins is based on rarity and condition. 1972 pennies are in larger numbers and have a value not more than face value. Here we will discuss its error, types value, and history. Let’s get started with the 1972 Lincoln Penny Value: Worth, Price Chart, Error List, History & Varieties.
1972 Lincoln Penny Value Chart
| Mint | AU50 to AU58 | MS60 | MS65 |
| P | $0.05 | $0.10 |
$2.50 – $10
|
| D | $0.05 | $0.10 |
$2.50 – $15
|
| S | $0.05 | $0.10 |
$2.50 – $20
|
|
S Proof
|
$0.55 |
$13.50 – $16
|
1972 No Mint Mark Penny Value
There were more than 2.93 billion Lincoln pennies without mint marks made at P mint in 1972. These values can get from twenty to forty cents due to high mintage and can get for high grades like MS65 about one dollar.
Value of 1972 penny No mint mark
- MS 67Red toning = 3290 dollars in 2013 recorded
- Brown toning 900 dollars in 2021.
- MS63 red brown 374 dollars in 2008
1972-D Penny Value
There were 2.66 billion pennies made by D Mint in 1972. their high mintage makes them low value about twenty to forty cents and in good condition can have a value of one dollar.
- Red Toned 1972 D Penny= 4250 dollars in 2012
- Brown toning =380 dollars in 2020
- red brown= 207 dollars in 2018
1972 S Penny Value
The S mint made about 376,939,108 pennies. So in good condition can have a vlaue higher than P and D mint. For mint state can have prices of fifty to seventy-five cents and MS65 grades can be sold for one dollar.
- Its mint state vlaue is fifty to 75 cents
- MS65= one dollar
- MS67= 1955 dollars sold in 2007
- Brown toning= 104 dollars sold in 2007
- Red-brown = 29 dollars in 2018
1972-S Proof Penny
There were proof pennies made by S mint with normal pennies. These pennies are made with the use of a certain type of planchet and have a higher value than other strike coins made at S mint. Their value is
| Grade | 1972 S Penny Value ($) |
| PR64 | $0.25 |
| PR65 | $1 |
| PR66 | $3 |
| PR67 | $8 |
| PR68 | $25 |
| PR69 | $120 |
1972 Penny History
Lincoln pennies were first time made in 1909 on the anniversary of Lincoln’s presidency. These pennies were used as replacements for Indian head cents made from 1859 to 1909. These coins were made by Victor David Brenner and have photos of Lincoln on the front side and wheat stalk on the back side. This design was changed on 150 anniversary when the Lincoln Memorial was added at the back side of these coins. With time the composition of metals also changed at the start they were made with the use of 95 percent copper but due to the high prices of copper, this ratio of metals changed to 97.5% zinc, and the remaining copper in 1973. There were 2,933,255,000 pennies made, 2,665,071,400 made by D mint, S mint made 376,939,108, and 1972 S proof pennies were made by 3,260,996.
Features of 1972 Penny
- Its weight is 2.5 grams and its diameter is 19.05mm
- Its thickness is 1.52mm
- Front design was made by Victor D. Brenner and the back side design Lyndall Bass.
- It has a smooth edge with the composition of 95% copper Pre 1982, 97% copper 3% zinc after 1982.
The front side of the 1972 Penny
The front side of these pennies comes with a photo of Lincoln’s president. The words In God, We Trust are written on the upper part of the coin. The date is written with a mint mark. If there is no mint mark on the coins means they are made by P mint. In 2017 P mint was marked to honor the anniversary of the US mint 225th.
1972 Penny Reverse
The back side of these coins has a Lincoln memorial. There are clean lines on the steps and building for proper grade. Lincoln Memorial at the back side was after the last Wheat Cent was issued in 1958.
1972 Pennies Auction Records
- 1972 (No Mint Mark) – MS67+RD= $3,290 sold in 2013
- 1972-S MS67 = $1,955 sold in 2007
- 1972 D MS67+RD = $4,250 sold in 2012
- 1972 Proof – PR69 DC = $1,495 sold in 2010
- 1972 Double Die Obverse – MS67RD = $12,925 Sold in 2014
- 1972 Double Die Obverse – MS67+RD= $14,400 sold in 2019
1972 Penny Errors List
1972 Doubled Die Obverse, Lincoln Penny
There were 250000 pennies made having this type of error in 1972 and there are ten pennies with this error can be found. The doubling effect can seen on these pennies in the words LIBERTY, IN GOD WE TRUST, and date 1972 on the front side. There were 20,000 pennies made with this error by P mint. Their value in a well-preserved state can be seventy-five dollars. It is estimated that the Philadelphia Mint accidentally produced about 20,000 coins with this error.
- 1,972 No Mint mark DDO MS 65= $600
- 1,972 No Mint mark DDO High grades = $800
- 1,972 – most brown= $165 – $575
- 1972 – Excellent condition = $1,150 sold in 2008
- 1972 No Mint mark DDO Lincoln pennies with red toning = sold in 2019 $14,400
- 1972 No Mint mark DDO Lincoln pennies with red toning = $280 – $2,760
Doubled Die Reverse
This type of error like the double die obverse side with different doubling effects can seen on the Lincoln Memorial and inscriptions on the back side of coins. They are less worth than DDO coins.
Wrong Planchet Error
This error occurs due to a mistakenly changed planchet. There are too small and too big coins for that denomination having different colors and compositions of metals. The coins with these errors are rare and have a value of thousands of dollars.
1972 Lincoln Penny Off-Center
The coins with off-entry are rare and have a value of about 0.4 dollars in uncirculated condition.
Close AM On 1972 Penny
The coins come with a closer AM initial in words AMERICA and this type of error can be seen with the use of a microscope or magnifying glass.
Re-Punched Mint Mark Error
If a mint mark is stuck on coins more than one time it looks duplicated. We can find the error very easily on the coin. These coins are common and do not have high value.
Unofficial Lincoln 1972 Penny
There a photo of J.F Kennedy was added on the coins linoln pennies by some designer. So double head penny having Lincoln and Kennedy facing each other was added to the coins. These coins are less in number and have less value since not use as official. These coins can have a value of $0.01 to $0.04.
1972 Lincoln Penny Off-Center
The coins with off-entry are rare and have a value of about 0.4 dollars in uncirculated condition.
Close AM On 1972 Penny
The coins come with a closer AM initial in words AMERICA and this type of error can be seen with the use of a microscope or magnifying glass.
What are the most expensive 1972 pennies?
- 1,972 DDO MS 67+ RD= $14,400 sold in 2019
- 1,972 S PR EF 45= $11,500 sold in 1997
- 1972 D MS 67+ RD =4250$ sold in 2012
- 1972 No Mint mark Genuine BN = $900 sold in 2021
- 1972 D AU BN = $380 sold in 2020
- 1972 No Mint mark MS 63 RB = $374 2008
- 1972 D RB = $207 sold in 2018
| Mint Mark | Grade | Designation | Price | Year Sold |
| S | MS 66 | RB | $29 | 2018 |
| No Mint mark | MS 67+ | RD | $3,290 | 2,013 |
| DDO | MS 67 | RB | $2,585 | 2,015 |
| S | MS 67 | RD | $1,955 | 2,007 |
| DDO | MS 66 | BN | $1,150 | 2,008 |
Is a penny with a 1972 no-mint mark valuable?
The well-preserved 1972 no-mint mark Lincoln penny can have a value of $0.33 to $0.85 in minted state.
What is the value of a 1972 DDO Lincoln Penny?
These pennies can have a value of fifteen dollars and are in good condition and have a value of thousands of dollars for good condition and quality.
1972 Lincoln Penny Coins Value Grading
All coins either 1972 or pennies are graded with the use of an alpha numeric scale from one to seventy. Upto AU58 grades are used for coins in circulation and for different types of wear. Coins can
| Grade | Type |
| 1 to 57 | Circulated |
| 58 | AU58 |
| 59 | MS60 |
| 60 | MS61 |
| 61 | MS62 |
| 62 | MS63 |
| 63 | MS64 |
| 64 | MS65 |
| 65 | MS66 |
| 66 | MS67 |
| 67 | MS68 |
| 68 | MS69 |
| 69 | MS70 |
| 70 | PR60+ |
- Grades up to AU58 for coins that are in circulation
- MS60 to MS70 coins are not used in circulation and are a perfect condition
What is the most valuable Lincoln head cent?
- 1943 D MS 64 BN= 840000$
- 1943 S MS 63 BN= 504000$
- 1944 S MS 66= 408000$
- 1943 MS 62 = BN372000$
Read Also:
- 1963 Penny Value (Price Chart, Rare Errors, List, History & “D” And No Mint
- 1990 Penny Value: are “S”, “D”, No mint mark worth money?
- Why are 1956 wheat pennies so valuable? (Price Chart, Error List, History & Varieties)
- How Much Is 1953 D Wheat Penny Worth? (Price Chart)
- 1890 Morgan Silver Dollar Coin Value (Price Chart, Error List, History & Varieties)
- What makes a 1964 Kennedy half dollar rare? (Price Chart, Error List, History & Varieties)
Faqs
What are the most expensive 1970s pennies?
- 1970-S Large Date Doubled Die Obverse= $24,150
- 1974-S Reverse Brockage = $11,400
- 1970-S Small Date = $18,400
- 1971-S Deep Cameo Proof = $17,250
How Much Is A 1972 Penny Worth Today?
- Circulated (no errors)= 2 cents
- Uncirculated= higher than face value
- Proof condition= higher than face value