Well probably never know the true origin of 1964 SMS pennies for sure. 1964 Penny mintmark "D": Denver. The planchet was intended for an Eisenhower Dime, and in MS 65, this 1c coin sold for more than $4,800. The date and mint mark were placed on the right, in front of his chest. Want this question answered? The finer details are bold and clear, however, light wear may be seen. I have a 1964 no mint bn brown penny and other coins like 69 s mint penny and 44 d and a 45 d penny. An original patina, generated by the years of life of the coin is highly valued by collectors, so you should never clean a coin without consulting an expert since in most cases you will greatly diminish its value. A bald eagle with long, spread wings sits in the centre of the coins reverse. Even without any great monetary value, the sentimental value of a coin from a year that is special to an individual can make all the difference in its value. If a penny is struck on the wrong planchet (either the denomination or the metal mix), it may seem truncated and have some words or features chopped off. But 1963 was interesting because of a slight internal shift that not many people noticed. Bucki estimates that a 1992 Close AM coin . 1964 Jefferson Nickel Guide It's likely that an entire run of 250,000 pennies were printed this way, he said. 1964 Dime Value Guide (Incld. Because it is made of mostly silver, the 1964 Washington Quarter has a metal value of at least $4. Home; Friday, December 23, 2022. In AU 58, the coin sold for over $1,800. The best quality SMS penny found so far is rated MS68, just two points off perfect mint condition. Important national events such as those listed above can add sentimental value to coins from this year, and aside from any monetary value found in the coin, can be enough reason for individuals to collect coins, which is the beauty of the hobby. As we said before, you can see the statue between the central columns, but it ranges from a few vague scratches to a distinct silhouette, depending on the condition of the coin. Most worn 1964 pennies are worth the value of their copper content or 2 to 3 cents, like other copper-based Lincoln Memorial pennies struck from 1959 through 1982. This is because the 1964 Penny is comprised of 95% copper and 5% zinc and weighs around 3.11g. Login; No Result . But PCGS has graded a few coins quite highly even though they never sold. A 1964d penny can be worth from $2 to nearly $5,000. Copper Alloy Penny. What makes a 1964 D penny rare? Specifically, there are 3 Lincolns on the same penny! It is the result of superior environmental conservation, or at the very least less exposure to humidity and oxygen than the preceding one, regardless of whether a BN has been rarely circulated but stored in a humid environment. Coins were originally evaluated using words to reflect their condition (Good, Fair, Excellent, Etc.). This consists of striking the original copper more than once. Heres how to determine the difference between standard 1964 pennies and proof 1964 pennies: The patina of the penny in question can really alter the value of the 1964 penny with graded coins being given the abbreviations BN, RB, and RD. How To Grade A Coin Yourself To Determine Its Value, Lots Of Rare Pennies And How Much Theyre Worth Today (Most Are Worth $500+), record price for a 1964 SMS penny is $11,500, Old Copper Pennies: Which Ones To Save & What Theyre Worth, 5 Rare Coins Youll Find In The Lincoln Memorial Cent Series, A List Of 43 U.S. Pennies Worth Holding On To, A 1928 Penny Worth $36K? How to recognize the most sought-after patinas. Most worn 1964 pennies are worth the value of their copper content or about 2 cents. 1964 Penny Value Guide (Incld. Item No : 385454464531; Condition : --Category : Coins & Paper Money > Coins > US > Mint Sets; Seller : pbcoinsandcollectibles See more from this seller; Items Specifications - Circulated/Uncirculated : Uncirculated Others are worth more than the $5,000 average value listed here. On occasion, a coin (or even a pre-coined planchet) develops a puncture, crack, gash, or hole that goes clear through the coin. Where is the mint mark on a 1964 penny? As a result of this presidents lobbying, the Lincoln Cent was developed by sculptor Victor David Brenner. This page also shows coins listed for sale so you can buy and sell. Indistinguishable and probably damaged; if used, must have a date and mintmark; otherwise, rather battered. Anyone want to look at it be my guest and have a mule 1999 georgia quarter? This was because the US mint found that their silver reserves had dropped dramatically low as the value of silver increased, leading to people hoarding their silver quarters due to their metal value which exceeded the face value of the coin. Rare Varieties) 1964 Pennies is a Memorial Cents. In MS 67 RD, a coin like this can sell at auction for $3,172. 25g 1961 YEAR ISRAEL SILVER COIN 5 LIRA "BAR-MITZVAH ". This depends on the type of error and the condition of the coin, so lets look at 1-cent mistakes that add value. But as we said earlier, planchets (disc-shaped coin blanks), dies, and hubs are all struck multiple times before you get the finished product. However, 64 years are rare. In 1964, all proofs (close to 4M) were made in Philadelphia without mint marks. Complete half Penny set 1911 to 1964 minus 1923. Like most pennies produced between 1962-82, the metal value of the 1964 penny exceeds the face value and is worth around 2c. [volume] (Juneau, Alaska) 1926-1964, April 26, 1935, Page 3, Image 3, brought to you by Alaska State Library Historical Collections, and the National Digital Newspaper Program. Where is the mint mark on a 1964 penny? With, a total of 3,799,071,500 coins were minted. These coins were minted at the Denver Mint, and the total mintage was almost 4 billion coins. Previously, symbolic images of Lady Liberty or Native American Chiefs graced the coins, so Lincoln was the first recognizable model, and also the first US President to appear on American money. Then, if you wish to sell it, enter it in a coin auction or offer it to a coin dealer who can pay you what its really worth: To determine the true value of your 1964 penny, you first need to know what condition (or grade) your coin is in. Because of its high silver content, 1964 Quarters are worth far more than their face value (25c); in fact 16x more. Coleccionistasdemonedas.com is an independent website. Collectible - Good. But SMS (Special Mint Sets) contain a coin from every denomination thats circulating at the time. I have a 1963 Lincoln cent Proof no mint mark ,excellent condition. Others are BN (brown) and RBN (reddish-brown). One such coin in the 1963 Split Serif Penny. The strike is quick and appealing. The idea was to produce a coin that honored one of the most popular US presidents. Some people claim they dont even exist! A 1964 Just That Penny without a mintmark combined with a 1964 D Penny (another version) is probably worth about $0.15 each until it is retired. On later pennies (from the 2010s), you may find Wide AM and Narrow AM errors. In 1943, most wartime pennies were 99% low-grade carbon steel with a 1% zinc coating on top. Your email address will not be published. Is this a common minting error? Also, starting late in 1962, the tin was quietly removed from 1-cent coins. The removal of tin didnt affect the weight of the coin since they added more zinc to cover the shortfall. Silver hoarders removed 90% of silver dimes, quarters, and half dollars from circulation in the early 1960s, resulting in a severe coin scarcity. You can also see 1963 on the back. Also known as Type C Reverse, or (RDV-003), this variant of the 1964 quarter is actually an error made during the transition between silver-based coins (1964) and copper/nickel coins (1965). Coins are in Various circulated condition. The motto or all letters of LIBERTY are readable. I have a 1964 D over S mint mark..I cant find anything on it. Usually, for a few dollars, you can also get some beautiful patina, as well as a quality that will surprise your collector friends and family. As most coins from 60 years ago have dulled over time, a 1964 penny with a shiny finish should draw your curiosity. 6. Heinz discontinues sandwich staple - and customers are very unhappy, Huge retailer shutting stores tomorrow and 20 more will come in 2023, Major retailer closes shop doors for good tomorrow, see where is on chopping block, Kroger discontinues family favorite despite admitting theres cleary a demand, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, A couple of subtle details make this penny very valuable. 1964 Penny Value Guide (Incld. PCGS appraises a MS68 SMS Penny at a whopping $27,500. A completely separate secondary mintmark is a rarity and would command a higher price. A little weathered, but all of the primary design elements are visible, albeit faintly. The strike is quick and appealing. The finer details are bold and clear, however, light wear may be seen. Its easy to spot the doubling on the words and numbers, so check the mint date with a microscope if you need to. And even though its the only 1964 Penny with a mint mark, its value isnt that high. But the typical price for a 1963 penny is 10 to 30 cents. No Result . 1864 2 Cent Coin Value. The 1907 Indian Head pennies are over a hundred years old and are abundant on the coinage market. One MS 65 coin is triple struck so you can see three Lincolns on the obverse, with two of them being 60% and 70% off-center. Rare Varieties) (The device is the image or the portrait, while the field is the background of the coin.) Citizens hoarded coins for bullion, relying on their melt value. Wow how to tell valuable ones. 1964 proof penny - 3,950,762 minted; $1+ 1964 SMS penny (special mint set) - approximately 30 estimated to be minted; $5,000+. They carry the D mint mark for Denver. Click here to Learn How to use Coin Price Charts. One of its edges extends into an extra 64 on the obverse and a blurred United on the reverse. On the right of the building, a tiny FG verifies the reverse designer as Frank Gasparro. In 1959, to celebrate 150 years since Lincolns birth, the mint changed the design on the back of the penny. One sample in MS 65 RD only earned $10. You might find a coin with part of its surface sliced off. Buy & Sell This Coin. View All Result . Or these could have been part of a 1964 Special Mint Set that included the 1964 Peace dollar. This is definitely one of the most valuable pennies in circulation, fetching prices as high as $500 in mint state condition. Gently used; all gadgets are visible, and the most important ones are bold. Each one is more complex to find than the previous one, which is why the price increases due to the difficulty. Rare 1963 pennies in high grades can sell for up to $40,000 in superior proof condition. Ironically, this made 1964 an even more attractive year for collectors. It will also weigh less. COIN5555 U.S. AND FOREIGN . Source. It is critical to store our coins in a stable and controlled environment to preserve their original patina. But eventually, to try and stop the public from hoarding coins, the Mint produced 1965 to 1967 Special Mint Set coins without any mintmarks. This 1964 Denver Penny was minted over another one of the same mint from the previous year, 1963. 1964 Penny Value Guides (Rare Errors, D, SMS and No Mint Mark), 1982 Penny Value Guides (Rare Errors, D, S, and No Mint Mark), 1962 Penny Value Guides (Rare Errors, D and No Mint Mark), 1919 Wheat Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1967 Penny Value Guides (Rare Errors, SMS and No Mint Mark), 1958 Wheat Penny Value Guides (Rare Errors, D & No Mint Mark), 1907 Indian Head Penny Value (Rare Errors & No Mint Mark), 1980 Half Dollar Value (Rare Errors, D, S & P Mint Marks), 1944 Nickel Value (Rare Errors, D, S & P Mint Marks), 1971 Quarter Value (Rare Errors, D, S & No Mint Marks), 1911 Wheat Penny Value (Rare Errors, D, S & No Mint Marks), 1979 Nickel Value (Rare Errors, D, S & No Mint Marks). You are looking : what makes a 1964 d penny rare. It weighs 3.11g. The 1964 Cent is a . Rare 1964 Quarter Errors include: 1964-D Washington, Reverse of 1965 [Also called Type C Reverse, or (RDV-003,)] 1964-D RPM Variety D Over D . Alvin Goodley | October 31, 2022June 2, 2022 | Coins. I don't want to be contacted by Gumtree South Africa and corporate family members regarding promotion. I have a nice shiny 1964 D penny. Remember Me . But some 1964 penny values are much higher. 1964 D Lincoln Penny RARE "L" Liberty on edge Error/Closed AM; 1964 D Lincoln Penny RARE "L" Liberty on edge Error/Closed AM Sold by baront70 | Ends on 2023-03-08 05:50:03 . Uncirculated with superb luster, no obvious contact marks to the naked eye, and exceptional eye appeal. The most notable quality is the illustrious, vivid finish on the coin. Instead, they made SMS (Special Mint Sets). Both are 95% copper. First, it should be noted that 1964 SMS pennies have normally appeared only in 1964 SMS sets. S-Mint mark variety is explored. Graduated in Labor Relations and Human Resources. One off-center penny only shows Lincolns forehead, nose, chin, chest, plus of course the 1964 mint date and the D mint mark. In PR 67 D-CAM, its $200. Due to their common circulation (could still actually be found inpocket change), they are usually found quite worn, so conservation is one of the most important factors for their high price. Nearly smooth, but without the damage that a coin graded Poor often possesses. In fact, the 1964 Lincoln cent is one of the most common pre-1982 Lincoln Memorial pennies youll find in circulation today! So, how can you tell if you have one of these coveted coins? RD Penny Password. That makes them much easier to find than the 1969 Doubled Die coins. So collectors were already on the lookout for unusual 1962 and 1963 coins. Like the Canadian Penny, the UK 1964 Queen Elizabeth penny is no longer in circulation. Finally, the working dies are used to make coins. And while these coins were all dated 1964, they were all coined in 1965. Study guides. A 1964 nickel is worth approximately 5 cents on today's market. The 1964 Quarter is special because it was the last year that the US mint minted quarters in a silver/copper composition. For comparison, I pulled a 1964-D from one of my probably-uncirculated rolls. If you are new to collecting the prices below may not make much sense. The strike is weak to average. Certain errors can greatly increase their value, mainly due to their being extremely scarce (limited number) and in high demand by collectors of American coins. Virtually all of these pennies went into circulation and can still be foundin your pocket change. She was the Mint Director at the time, and she believed this would resolve the coin shortage. Its costs $25 in AU 55, $50 in MS 63, $80 in MS 65, and $288 in PR 66 RD. The lower collar of the coin reads One Cent in a massive font. Most coin collectors bother less about how much a 1964 penny is worth . As a result, it is a little more expensive than the preceding one due to its rarity. A 1964 D in MS 67 RD sold for $456. Another important quality is the date - only 1964 pennies can be part of this unique group. Good dust jacket. Instead, the San Francisco cents are lumped with Philly cents and labeled No Mint Mark 1964 Cents. These are collected by three different abbreviations, BN, RB, and RD. But remember, most of these coins were made in 1965, and only the Denver ones have mint marks. "To this date it is a complete mystery as to why these coins were ever produced," said Jamie Hernadez at coin appraiser PCGS. Weve talked about the mix-ups in these years, so you may recall that most 1964 pennies were minted in 1965, and the bulk of 1965 pennies were coined in 1966. Slogans In addition, there are two mint marks for their manufacture, a typical factor that distinguishes American coins in price, so one must look at other differences to determine a higher or lower value. The second MS 66 coin is a Deep Die Cap so the obverse seems weirdly sunken and the reverse is raised. Rob Paulsen Coin 1963 Penny Value Guides (Rare Errors, D and No Mint Mark). Grade MS63 = $9-$15. Gem Unc Roll (20) Large Australia 1964 Half Penny's~Kangaroo~Last Year~Free Ship This product data sheet is originally written in English. My love for coins began when I was 11 years old. But the first three were war metals. 1944-D Lincoln Penny (Zinc-coated steel) 1909-S VDB Lincoln Penny. The coin may look sparkly and expensive but wasnt made with pre-burnished planchets. Unlike many other rare and valuable coins, there are no special markings nor obvious errors which make SMS pennies stand out. If you have a rare variety, it will have a small space between the letters A and M in "AMERICA." Value. Register As usual, coins from Philadelphia had no mint marks, but in 1964, the San Francisco coins lost their mint mark too. Indeed the only coins that contained silver were the Kennedy half dollars from 1965 to 1970, but their composition was not too pure either. The rest of the coin is raw planchet, so its blank. Interestingly, between 1965 and 1967, the Mint didnt make Proof coins. Pennies are probably the most collected American coins in the world. The following are the most common coin grades: Currency converter 1881 & 1882 Indian Head Cents Collector Panel w/ Commem Native American Stamps. . PCGS graded 3 unsold 1964 D Pennies in MS 67+ at $4,750. In the 1960s, the Special Mint Sets had one coin of each denomination, and the SMS coins had a satin-like (occasionally proof-like) finish. That is why certified capsules are a wonderful option both for this and for knowing the grade as we will see below. Grade MS62 = $4-$6. In average conditions, these coins are worth their (copper) melt value of $0.02. Because most 1974 Lincoln pennies are common and have a low value, buying and selling them on internet markets like eBay is a great and convenient choice. As a curious spill-over, many coins marked 1965 were actually coined in 1966! Whereas, this 1994 error penny sold for $2,900 because of a barely noticeable extra column on the reverse. The 1964-nickel value is 5 cents in good condition. Looking at 1964, silver prices were especially high and silver stacking was a problem. How much is a 1964d penny worth? Its a rarity though, because 2 steps down, an MS 64 RD only sold for $20. RB Penny A penny saved might just be 8,500,000 pennies earned. You can see doubling on the serifs for the Ns, Es, Cs, and Ts in One Cent. Out of the nearly 6.5B 1964 pennies, only 3.8B have mint marks. One was sold for $7,900. After 1982, the penny changed to 97.5% zinc with a 2.5% copper coating. Let's Keep in touch. It was minted when the U.S. economy was in a recession, and many people were out of work. The reasons for a penny's value can range from the obvious to the extremely subtle. So while the earlier coins were bronze (95% copper + a 5% mix of tin and zinc), pennies after 1963 are sometimes classified as brass pennies because they have copper and zinc but no tin. On the left, behind Lincoln, is the legend Liberty, and on the right, next to his chest, youll find the date (1964) and the mint mark. 1872 Indian Head Penny. 1955 Wheat Penny Value Guides (Rare Errors, D, S and No Mint Mark), 1946 Wheat Penny Value Guides (Rare Errors, D, S and No Mint Mark). Inscriptions have merged into the rims in some areas, and important elements have been mostly erased. In 2013, one of these coins in MS 67 sold for $2,820. Proof pennies are struck on burnished planchets with specialty dies. DDR means Double Die Reverse. With coins as common as these, priority is given to the most special patinas, so a BN or RB may be undervalued, while an RD makes the coin more expensive because it is so rare in common coins. The 1964 penny with no mint mark and the 1964 D penny are each worth around $0.15 in uncirculated condition with an MS-63RB grade. Lot 34: . Extremely rare ones like the 1964 SMS penny can fetch thousands of dollars if you find one. Among the major third-party grading services, PCGS . Rob Paulsen Coin 1964 Penny Value Guides (Rare Errors, "D", "SMS" and No Mint Mark) Pennies (or Lincoln Cents) are often subcategorized by their design. Coins manufactured here are never given a mint mark unlike coins minted in Denver (D) or San Francisco (S). Step 2: Grading Condition - Judge condition to determine grade. 2022 Coleccionistasdemonedas.com | Valuable Coin Collecting & Numismatic Magazine, They may be copied and reproduced without restriction as long as. Its not much, but its a lot more than the 1-cent face value. According to the United States Mint, only 316,076,000 1964 dimes were struck. But heres a 1964 D Struck on a 1963 D. You can see the reverse memorial silhouette under the obverse Lincoln and vice versa. In comparison, the Denver Mint coined 1,774,020,400. PCGS appraises a MS68 SMS Penny at a whopping $27,500. Nope. In total, the mint produced 6,447,646,500 that carried a minting date of 1964. Passed from hand to hand and used from purchase to purchase, each coin can tell a story, so its no surprise that coins appeal so greatly to collectors. He faces to the right, and the sculpture is based on a 1907 desk plaque that Victor Brenner designed for Gorham Manufacturing. Let's take a look at each of these tonal variants in more detail. I an about a year into this hobby and cant justify the cost associated with having a coin graded at this point. The main factor which distinguishes at 1964 SMS penny from other 1964 pennies is the overall quality of the coin. A coin microscope is useful for checking DDOs and DDRs. The word LIBERTY appears above his head, while the minting date is printed slightly to the left, below his head. What Is The Value Of A 1964 Silver Quarter? Not really. Because of this, the collections of old hobbyists can often crop up at estate sales, and its not unheard of for individuals to get their hands on rare coins that have simply slipped under the radar. But that's the monetary value, not the collectible value. These are known as specie metals. They include Wheat Pennies (1909 to 1958), War Pennies (1942), Memorial Pennies (1958 to 2008), Shield Pennies (2010 to Date), and Bicentennial Pennies (2009). Find many great new & used options and get the best deals for KINGDOM OF NAPLES GOLD COIN JUGACCHINO NAPOLONE 40 LIRE 1813 RARE SEALED BB+ at the best online prices at eBay! At the back, you see America, the T in Cent, and part of the memorial. Economics. note: This article is periodically updated to reflect the current price of most valuable coins. I think is one of a kind also. President Lyndon B. Johnson signs the Civil Rights Act of 1964 into law, and Dr Martin Luther King, Jr. is awarded the Nobel Peace Prize. But factors like war requirements, the gold rush, the expansion of silver mines, and fluctuating prices made citizens hoard coins and melt them for their precious metals. They weigh approximately 3.11 grams. Professional numismatists joined together in the 1970s and established CoinGrading standards. The word QUARTER DOLLAR appears beneath the eagle, indicating the coins face value. But in 1964, both (P) coins from Philadelphia and (S) coins from San Francisco had no mint marks. An extra I seems to sit between the B and the E. Its a die break and its worth $5. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For, To focus efforts on making more circulating coinage, the U.S. Mint temporarily stopped producing the long-popular annual uncirculated sets and proof sets, and, The Special Mint Sets of the 1960s include one coin of each denomination and the. Details about Rwanda 500 francs 2015 Lunar Year of the Goat Wealth Silver mint.3000 COA 4, All 90% Lot Old US Junk Silver Coin 1/2 LB 8 OZ 1964 ONE 1 THE KENNEDY DEAL. Despite being the lowest denomination coin, rare pennies are some of the most sought after coins by collectors. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); I have a 1969 s penny I want to have looked at. A VERY "special" penny from 1964 could be worth upwards of $10,000. The absence of San Francisco cents helped too. Only around two dozen were made and the difference from regular circulation pennies is subtle. PCGS appraised one 1964 MS 67+ Penny at $13,500. Uncirculated with superb luster, no obvious contact marks to the naked eye, and exceptional eye appeal. If we talk about the 1964 Penny Lincoln Cent, thepatina is a factor of great importance. Unfortunately, coin collectors and dealers had different ideas about what each of these terms represent. As a result, all coins minted with that flawed die will have the same double die error. Within a month of his death, he was honored with the Kennedy Half Dollar. What makes a 1964 Kennedy half dollar rare? Rob Paulsen Coin 1964 Penny Value Guides (Rare Errors, D, SMS and No Mint Mark). Selling individual Lincoln Pennies online can be challenging due to the low value of most specimens, which is why employing a currency converter like Foreign Currency and Coin and Leftover Currency is one of the best choices for selling low-value historical coins. Regarding the number of copies, there were two mints in 1964, in . And in 1964 particularly, the coins were assumed to come from Philadelphia. I also have a 1975 no mint js dime that everyone says theres only 2 in existence. And this historic value has continued today, where 1963 pennies still tease collectors even though theyre not worth much on the open market. She believed the hoarders were collectors rather than smelters. We have seen that 1964 is a curious year for Penny collecting. And although you cant buy much with a penny in the US today, you can still trade one for a lot of money if its in the right condition. The collar legends are curved but the E Pluribus Unum is laid out horizontally above the roof. At least half the pennies that have the 1964 mint date were coined in 1965. Numismatic collector with special interest in the history of Spain. And, half of them weren't even produced until 1965? 1963 was a big year in the US, and not necessarily a happy one because it was the year when JFK was shot. 1964 D Jefferson Nickels Pre-War Composition. In MS 64 BN (Brown), it sold for $4,000. The patina of the penny in question can really alter the value of the 1964 penny with graded coins being given the abbreviations BN, RB, and RD. The 1964 Penny still carries its original obverse (heads side) but its reverse (tails side) is the third design in this famous and sometimes controversial coin series. Value: $6,347. I primarily collect and study U.S. coins produced during the 20th century. How do I know the quality of my 1964 from Penny? Add an answer. In the 1964 Penny, as in the rest of the modern Lincoln Cent up to 1982, due to its high copper content (95%), there are three different patinas, mostly. 1963 Cents struck on a silver dime (10c) seem truncated and may have reeds. Heres a quick recap of 1964 penny values ordered by coin prices: 1964 Penny no mint mark: Philadelphia. Special Strike and/or SMS coins are often mistaken for proof coins. In PR 66 or MS 66, thats $350. I believe I may have a 1964 SMS DDO. View All Result . It suggests the die used to mint the reverse of the coin was flawed, and that it shifted between strikes by the working hub. Username or Email Address. Over 3.5 million I believe weren't produced until 1965. The strike is weak to average. Since none of these coins had mint marks, you cant verifiably distinguish 1964 Philadelphia pennies from 1964 San Francisco pennies. Despite being the lowest denomination coin, rare pennies are some of the most sought after coins by collectors. These pennies are gorgeous in high grades because if you peek between the central columns, you can see the statue of Lincoln sitting pretty. Hereshow to tell SMS pennies apart from regular 1964 pennies and 1964 proof pennies: So now you know a 1964 SMS penny isnt really the type of coin that you just find one day in your grandmothers attic drawer and then flip at your local coin dealer for $5,000 in cash. The mint marker used a mallet and a hand-held punch, and this went on until 1989. 1964 is a year noted for its poor penny mintages, which is why certain errors stand out from other years. The melt value for these coins currently sits at around $4. Seller Notes: "Original uncirculated coins in old bank roll. Most worn 1964 pennies are worth the value of their copper content or about 2 cents. More on that later. Wiki User. Slight traces of wear, no severe contact marks, almost full mint shine, and great eye appeal.