1964 lincoln penny no mint mark

Discussion about United States • 1 Cent (Miniature Coin)

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Good day I have this coin which in my opinion is in an excellent condition for it's age. 

I saw a video on YouTube where this same coin in MS 67 sold for 1.1 million US dollars 

According to Numista it has a rarity of 88 which is pretty rare. 

Would it be worthwhile grading?

I'd value it at about US $0.10. Where did you see NRI of 88?

 

Edit: You were looking at the miniature “coin.”  I'd value that at less than US $0.10.

 

$1.1 million?  Haha.  Miniature coins don't get graded.  Please share your link.

 

A real coin graded at MS67 may get $700-$900. 

I imagine he's trying to claim that he has a 1964 SMS Lincoln Cent while providing us with both the wrong coin reference ("Minature Coin") and the wrong grade designation (MS instead of SP).  Regardless, there's no million dollar coin here.  This looks like a regular 1964 Philadelphia minted Lincoln Cent which had a mintage of 2.6 Billion.

You're probably right.  SMS sets were only issued by the Mint in 1965, 1966 and 1967.  In 1964 Proof sets were still being issued so an SMS wouldn't have been produced.  However, something was issued in 1964 which wasn't a business strike and wasn't a Proof. According to the Red Book:

 

1964 Special Strikes
In addition to the normal SMS coins dated 1965–1967, there are other, very similar pieces dated 1964. These coins are unlike ordinary Uncirculated and Proof coins made that year and have characteristics akin to the SMS pieces.  Collectors generally refer to the 1964 pieces as Special Strikes. All denominations are very rare, whether sold as  single pieces or in sets. It is unknown why these pieces are rare (whether sold as single pieces or in sets), why they were made, or how they left the Mint.

 

According to The Red Book (2022 Edition) the 1964 Special Strike coins, Cent through half dollar is valued at $15,000–$20,000 compared to about $10 for the 1965, 1966 and 1967 SMS's.

 

NGC puts the value of the cent coin (SPRD 67) at $9,500.

Yep, those alleged 1964 (Special Strike) coins were never sold for more than a few thousand dollars that I can remember.  Certainly nowhere close to a million dollars!  The OP (Original Poster) probably doesn't understand that there are a lot of YouTube personalities out there who make outlandish claims about coin values just to get more page views. 

 

I read a brand new article in the latest edition of  “The Numismatist” where the author claims that the entire set of 1964 (Special Strike) coins were nothing more than regular issue, Uncirculated coins from 1964 that just happened to be minted on fresh dies.   Reference below.

 

Reference:   Schultz, Alex. "The 1964 Special Mint Sets: Special or Not?"  The Numismatist.  Nov. 2024, pp. 24-31.

Interesting. Except the mint produced UNC sets that year and coins for UNC sets were typically made early is the dies lives.

The author states that some of the very first coins struck on new dies were sent to the Smithsonian  Institution’s Museum of American History to preserve that year’s coinage (which was customary).  However, those coins likely received special individual handling in order to provide the best examples.   The author states that the Smithsonian coins are not true proofs and were never intended to be proofs, just the best samples of uncirculated coins for that year.

 

The author then compares known sample images of the coins sent to the Smithsonian with images of the 1964 (Special Strike) coins.  He points out that they have the same die markings.  The author then states that the 1964 (Special Strike) coins were likely additionally struck coins from the same dies (with special individual handling) as those used for the Smithsonian coins and were likely given to the Mint Director at the time (Eva Adams) which was customary.  However, the coins themselves were still made as regular issue, uncirculated coins (not as Proofs, experimental, or trial strikes).

https://www.facebook.com/share/v/18SgZgJr4C/ 1964 (Lincoln 2,3g)


Drugi iz Whitman držala:
💎 MY 2-HEADED COIN 1964 - Real Coin !! 💎 (HEADS ON BOTH SIDES) - YouTube https://m.youtube.com/watch?v=_RbAi6td4kA&pp=ygUFMzU2em8%3D#bottom-sheet

Kdor ima podoben vsaj en cel set, naj se javi❣️

Kovanci so bili uvoženi iz Z.D.A., ocarinjeni❕

Zbirateljski pozdrav iz Slovenije, 🇸🇮

You must be the King of Double Sided coins. This is the third one you've posted. Sorry to say but this is the worst one you made. Not only is the wear on one side much more than the other side but the gap is so noticeable that even the most gullible would spot it. Keep trying! I know you can do better than this!

 

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