Save Your 1963 Pennies… They’re Worth More Than Face Value (Up To $40,000!)

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All 1963 pennies are worth more than face value — so preceptor ’ thymine spend them. Keep ’ em !

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then, you ’ re credibly wondering how much your 1963 penny is worth. Am I right ?

well, read on to find out how much your 1963 Lincoln cent is worth. Plus a list of rare and valuable 1963 penny errors to look for !

How Much Is A 1963 Penny Worth?

While it ’ randomness true any 1963 penny that you find in your spare change has a prize of more than one cent… how much more can vary widely, depending on:

  • The coin’s mintmark
  • The condition of the coin
  • The current demand for that coin

therefore, here ’ s a summation of all 1963 penny values…

1963 No Mintmark Penny Value

The 1963 penny with no mintmark had a very high mintage of 754,110,000 — that ’ s over three-quarters of a billion ! still, these coins are rather difficult to find in circulation nowadays. One reason this coin that was once sol normally encountered has become barely in air pocket change is because people are hoarding them for their valuable bull content. How much they’re worth:

  • A typical 1963 no mintmark penny is worth about 2 cents for its copper metal value. While that’s not a whole lot more than its face value of 1 cent, double the declared legal-tender value isn’t too shabby!
  • Uncirculated versions of the no mintmark 1963 penny are worth even more — around 10 to 30 cents for a coin that has not been used as money.
  • The most valuable 1963 penny with no mintmark was graded MS67 by Professional Coin Grading Service. It sold for $6,613 in a 2012 auction.

1963-D Penny Value

The 1963-D penny is more than twice as common as its Philadelphia Mint counterpart, with 1,774,020,400 pieces struck at the Denver Mint. These 1963 pennies have a “ D ” mintmark.

How much they’re worth:

  • Like the 1963 Philly penny, the 1963-D Lincoln cent is worth more than its face value (due to its copper content), and trades for about 2 cents — twice its face value.
  • What are uncirculated 1963 pennies worth? A typical 1963-D penny that has never been used as money is worth about 10 to 30 cents.
  • Still… there are some 1963-D pennies that are worth much, much more! The record for the most valuable 1963-D penny goes to a specimen graded MS67 by Numismatic Guaranty Corporation and that sold for $2,820 in a 2013 sale.

1963 Proof Penny Value

What ’ s a 1963 proof penny ? It ’ s a type of coin that was struck in limit quantities for collectors by specially prepare dies and made with highly dressed blanks.

Proofs were never intended for spill in circulation, and they were sold at a extra price to coin collectors during the class of their publish. The 1963 proof pennies were struck at the Philadelphia Mint to the tune of 3,075,645 pieces. How much they’re worth:

  • Most 1963 proof pennies are worth around 75 cents to $2.50 each. (Those with especially perfect surfaces sell for exponentially more.)
  • The all-time record price for a 1963 proof penny was claimed by a specimen graded by PR70DCAM by Professional Coin Grading Service and sold in a 2004 sale for a whopping $40,250!

IMPORTANT: Do You Know The Grade Of Your Penny?

To determine the genuine value of your 1963 penny, you first need to know what condition ( or grade ) your mint is in. Grab a mint magnifier and a copy of the U.S. Coin Grading Standards book. then, watch this television to see how to grade coins yourself at home:

Valuable 1963 Penny Errors To Look For

There are many highly collectible U.S. mint mistake coins and varieties you should be looking for on your 1963 Lincoln Memorial pennies ! Some of the most widely collected 1963 error pennies are:

  • 1963 doubled die pennies
  • 1963 repunched mintmark pennies
  • 1963 BIE pennies
  • 1963 off-center pennies

Let ’ s look at each of these errors and varieties below with some data about their value, too…

1963 Doubled Die Penny Value

One of the penny errors that people most normally search for is besides one of the rare. It ’ s a variety known as a duplicate die. ( many newcomer collectors would mistakenly call these coins a 1963 double die penny. ) A double die means the die that struck the variety was doubled by the hub — which then transferred an image onto the die, which was then impressed onto blank coins. A distribute of people who are looking for 1963 doubled die Lincoln pennies are probably doing so based on the perception that they ’ rhenium worth a lot of money. And, as many collectors know, some of the most popular doubled fail pennies are actually worth huge sums of money ! The reason some doubled dies are worth so a lot is because they ’ re both relatively rare and drastic in appearance — the doubling is pretty acute and can be seen with the naked eye.

however, if you ’ ve got to strain to find doubling on a coin with a 5X or 10X magnifier, chances are it ’ s not going to grab the attention of many collectors — and, even if rare, will not necessarily draw huge dollars. This seems to be the case with most of the know 1963 doubled fail pennies.

Are they highly collectible ? Yes, but they aren ’ thymine necessarily as rare or sought as some of the more valuable double die pennies out there. Most 1963 doubled die pennies would normally trade for around $5 to $20 — depending on the specific type of double over die and the coin ’ mho circumstance .

1963 Repunched Mintmark Penny Value

On some 1963-D pennies, it ’ s possible to find signs of the mintmark being doubled, placed sideways, or alone with other oddities about it. Why did weird things happen with the 1963-D mintmark ? Because in 1963 the U.S. Mint distillery individually hand-punched mintmarks onto working dies — thus there was plenty of opportunity for human error to play a component with the placement and put of the mintmarks.

There are many varieties known involving the mintmark on 1963-D pennies ! Most of these repunched mintmark pennies are deserving $3 to $5 each .

1963 BIE Penny Value

There ’ s a peculiar die kind known on many Lincoln pennies concerning the bible “ LIBERTY ” on the obverse ( promontory ’ mho side ) of the coin. A erect die break is frequently seen between the letters “ B ” and “ E ” of LIBERTY — giving the perceive appearance of a das kapital letter “ I. ” BIE Lincoln penny errors are fairly common — but they ’ re highly collectible. Some folks are even trying to find a BIE penny from each year that the Lincoln cent has been minted ! 1963 BIE pennies are generally worth around $5.

1963 Off-Center Penny Value

A common but democratic error is the alleged off-center penny. These coins were mis-struck ascribable to either poor alignment of the dies or the mint being off center on the press upon its strike. How much is this character of mistake penny worth ? normally, a 1963 penny that is less than 2 % or 3 % off center doesn’t really trigger any extra premium. however, a 1963 penny that is 5 % to 10 % off center is normally worth $3 to $10 — with increasing values for coins that are further off center, up to about 50 % off center.

The most valuable kind of 1963 off-center penny is about 50 % off center and silent shows a complete date. such pennies are worth around $50 to $100.

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Read more: About Witter Coin

I ’ m the Coin Editor here at TheFunTimesGuide. My love for coins began when I was 11 years honest-to-god. I chiefly collect and study U.S. coins produced during the twentieth century. I ’ m a member of the American Numismatic Association ( ANA ) and the Numismatic Literary Guild ( NLG ) and have won multiple awards from the NLG for my workplace as a mint journalist. I ’ m besides the editor program at the Florida United Numismatists Club ( FUN Topics magazine ), and author of Images of America : The United States Mint in Philadelphia ( a book that explores the colorful history of the Philadelphia Mint ). I ’ ve contributed hundreds of articles for respective mint publications including neologism, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. I ’ ve authored closely 1,000 articles here at The Fun Times Guide to Coins ( many of them with over 50K shares ), and I welcome your coin questions in the comments below !

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