Is a 1917 penny worth anything?
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Julian Torres
Works at Cisco, Lives in San Jose, CA
Hello, I'm an expert in numismatics, which is the study and collection of coins. When it comes to the value of a 1917 penny, there are several factors to consider.
Firstly, the mint mark is crucial. A mint mark is a small letter on a coin that indicates where it was produced. In 1917, pennies were minted in three different locations: Philadelphia (no mint mark), San Francisco (S), and Denver (D). The most common is the Philadelphia minted penny, followed by the Denver mint. The San Francisco mint mark is the rarest for that year.
Secondly, the condition of the coin is also a significant factor. A coin in uncirculated condition, meaning it has not been used and shows no signs of wear, will be worth more than a coin that is worn or damaged.
Thirdly, the composition of the coin can affect its value. Most pennies from 1909 onward are made of a copper alloy, but during certain periods, due to metal shortages, pennies were made of other materials, like zinc. If a 1917 penny is made of a rarer material, it could be more valuable.
Lastly, there are special varieties and errors that can increase a coin's value. For example, some 1917 pennies have a doubled die obverse, which is a minting error that can make the coin more desirable to collectors.
To determine the exact value of your 1917 penny, it would be best to have it appraised by a professional coin dealer or numismatist. They can take into account all the factors mentioned above and give you an accurate assessment.
Firstly, the mint mark is crucial. A mint mark is a small letter on a coin that indicates where it was produced. In 1917, pennies were minted in three different locations: Philadelphia (no mint mark), San Francisco (S), and Denver (D). The most common is the Philadelphia minted penny, followed by the Denver mint. The San Francisco mint mark is the rarest for that year.
Secondly, the condition of the coin is also a significant factor. A coin in uncirculated condition, meaning it has not been used and shows no signs of wear, will be worth more than a coin that is worn or damaged.
Thirdly, the composition of the coin can affect its value. Most pennies from 1909 onward are made of a copper alloy, but during certain periods, due to metal shortages, pennies were made of other materials, like zinc. If a 1917 penny is made of a rarer material, it could be more valuable.
Lastly, there are special varieties and errors that can increase a coin's value. For example, some 1917 pennies have a doubled die obverse, which is a minting error that can make the coin more desirable to collectors.
To determine the exact value of your 1917 penny, it would be best to have it appraised by a professional coin dealer or numismatist. They can take into account all the factors mentioned above and give you an accurate assessment.
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Studied at the University of Edinburgh, Lives in Edinburgh, Scotland.
CoinTrackers.com has estimated the 1917 Wheat Penny value at an average of 75 cents, one in certified mint state (MS+) could be worth $45. (see details)...
2023-04-13 08:05:40
Ethan Cook
QuesHub.com delivers expert answers and knowledge to you.
CoinTrackers.com has estimated the 1917 Wheat Penny value at an average of 75 cents, one in certified mint state (MS+) could be worth $45. (see details)...
