1960 Lincoln Penny Value Guide

1945 Wheat Penny no mint mark | eBay
1960 Lincoln Penny
Estimated Value
$0 – $0
Period
1960
Origin
United States
Materials
Bronze

The 1960 Lincoln Penny is a significant bronze cent marking the second year of the Lincoln Memorial reverse design. It is highly sought after by collectors due to the distinct 'Small Date' and 'Large Date' minting varieties produced at the Philadelphia and Denver mints.

What Is 1960 Lincoln Penny Worth?

The typical price range for 1960 Lincoln Penny is $0 - $0 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • Variety type: The 1960 Philadelphia Small Date is generally scarcer and more valuable than the Large Date variety.
  • Mint state: Uncirculated coins with original red luster command higher prices than brown, circulated examples.
  • Mint mark: Presence of the 'D' for Denver or the absence of a mark for Philadelphia affects local scarcity.
  • Condition: Significant wear on Lincoln's hair or the pillars of the Memorial will lower the value toward the $0.05 range.

How to Identify 1960 Lincoln Penny?

  • Check the date size: Small Date versions feature a '0' with a round interior, while Large Dates have a more oval-shaped '0'.
  • Look for the 'D' mint mark below the date to identify coins struck at the Denver Mint.
  • Verify the material is bronze, as these coins were composed of 95% copper and 5% tin and zinc.
  • Examine the reverse for the Lincoln Memorial design, which replaced the earlier Wheat stalks in 1959.

History of 1960 Lincoln Penny

The Lincoln cent was first issued in 1909 to commemorate the 100th anniversary of Abraham Lincoln's birth. It was the first U.S. coin to feature a real person rather than an allegorical figure. The reverse design originally featured two wheat stalks, giving it the nickname 'Wheat Penny.' In 1959, the reverse was changed to depict the Lincoln Memorial.

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