How much value of A 1997 Penny?

The pennies were made first in 1909 to celebrate the 16th USA president’s birthday, and these pennies first had a photo of the person on the front side. These first-made pennies are wheat pennies that have two wheat pennies on the backside. the wheat pennies used until 1959 and replaced with Lincoln Memorial pennies. The 1997 pennies are also part of the Lincoln Memorial pennies that were made in 1959 and come with the Lincoln Memorial on the backside. In this post, we will cover details of the 1997 penny feature and related factors for finding the value of coins. So let’s get started with how much a 1997 penny is worth.

1997 Penny Value Chart

Penny Good Fine Extremely Fine Uncirculated
1997 No Mint Mark Penny $0.05 $0.10 $0.10 $0.30
1997 D Penny
$0.20 $0.20 $0.34
1997 S (proof) Penny $0.01 $0.10 $4 $6

1997 No Mint Mark Penny Value

In 1997 the Philadelphia mint made 4,622,800,000 pennies, and these pennies do not have a mint mark. These pennies are larger in number and make these pennies easy to find. The value of these coins is not more than face value for low grades. Uncirculated coins can get about 30 cents.

1997 penny sold in 1997 for $763. with an MS68 grade and red colors. MS69 red penny 1997 not mint mark sold in 2021 for 6,360.

How much value of A 1997 Penny

1997 D Penny Value

The Denver mint made 4,576,555,000 1997 Lincoln pennies, and these pennies have a D mint mark. The pennies are face value for circulated conditions and in fine conditions.

Uncirculated conditions: a 1997 penny can get 30 cents, and an MS68-grade 1997 D penny sold for $863.

1997 S Proof Penny Value

The San Francisco mint made proof coins in 1997, and these coins were made with the use of a special type of die that makes shiny-looking coins that are called proof coins. There were 2,796,678 coins made in 1997 by the S mint and high-polished planchet used for coins. The look of 1997 proof coins is different from other 1997 coins. That has reflected surface with fronting finishing.

The 1997 S proof coins were used in circulation, and we can get them in proof sets. Most of the coins are damaged, and fewer coins exist in circulation.

These coins can get about five dollars, and in 2005, the 1997-S penny sold for $1898.

History of the 1997 Penny

The Lincoln penny was first made in 1909 for celebrating the birthday of president 16th USA. The Lincoln pennies have a photo of Lincoln; that’s why they’re called Lincoln pennies. The pennies made in 1909 are wheat pennies and were used until 1959 and then replaced with Lincoln pennies. The 1997 pennies are also Lincoln Memorial pennies.

The 1997 pennies have two main types. ruler strike coins and others have clear details and a brighter shine The 2nd coins used a mixture of copper and zinc in place of just copper. So the 1997 pennies have a shiny design.

With changes in design from 1909 to 1959 in pennies, there were different compositions used for coins. 95 percent copper and five percent zinc composition were used from 1909 to 1982. In 1982, the composition of pennies changed due to high prices of copper and new content used 97.5% zinc and 2.5% copper. The 1997 coins have 97.5% zinc and 2.5% copper, with thick copper plating used, and the coins have high copper content.

There were more than nine million 1997 pennies made by three mints: P, S, and D.

Category Lincoln Penny
Composition: 97.5% Zinc, 2.5% Copper
Diameter: 19.00 mm
Total Weight: 2.50 grams
Observe Designer: Frank Gasparro
Reverse Designer: Frank Gasparro
Mints: Philadelphia, Denver, San Francisco
Total Mintage: Over 9 billion
Face Value $0.01
Edge: Smooth

1997 Penny Features

1997 Penny Obverse

The front side of the 1997 Lincoln penny comes with a photo of Lincoln, the president, and the motto IN GOD WE TRUST also written on this side. The minting date and mint mark also added to the obverse of the 1997 penny.

1997 Penny Reverse

The backside of the 1997 penny has a photo of the Lincoln Memorial, where the president’s photo can be seen in the building. Country name UNITED STATES OF AMERICA also written on this side. The ONE CENT denomination is also on this side, and the motto meaning out of many is also seen.

1997 Penny Features

 

1997 Penny Errors

Doubled Die Error

The double die error is the result of the doubling effect on coins when the die strikes two times on coins at the time of minting. Doubling effect can be seen on words and letters on coins, also on mint marks and dates. The front side doubling effect error is called the 1997 penny DDO, and the reverse side is called the 1997 penny DDR.

BIE Penny Error

In this error there are BIE-like letters that can be seen in the word LIBERTY that is the result when older or affected die is used that makes a line or mark between letters. The coins are 1997 pennies with BIE error, not more than face value. The uncirculated condition coins are about 10 dollars for the 1997 BIE errors.

Off-Center Error

The off-center is a result of design added on coins not accurately struck in the middle of coins and making off-center error pennies. The value of coins is based on the percentage off center, and ten to twenty percent off center pennies are low-value, and fifty percent off center are high-value coins.

1997 RPM Error

In this error, the mint mark was punched on coins two times, and that is the result of manual printing of the mint mark on coins. This is a common type of error and has a value of about 25 cents sold in 2021. The uncirculated 1997 penny with the RPM penny sold for hundreds of dollars.

Is 1997 PennyRare?

  • There were more than 9 million pennies made, and more of them are in circulation that make them less rare, but some high-grade and error coins are rare. These pennies are not very old; this factor also makes them less rare.

How much is a 1997 penny worth?

  • The average condition 1997 penny is about one cent, and uncirculated conditions can be about 3 cents.

What year is a penny worth $50,000?

  • The 1959 D penny is a controversial mule penny that has a value of about 50,000 dollars. 

Read also

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top