1962 Lincoln Memorial Cent Value Guide

The 1962 Lincoln Memorial Cent is a classic piece of American numismatics, representing the early years of the redesigned reverse introduced in 1959. Struck in a high-copper alloy, these coins are highly collectible in uncirculated grades due to their brilliant red luster and historical significance as a tribute to the 150th anniversary of Lincoln's birth.

What Is 1962 Lincoln Memorial Cent Worth?

The typical price range for 1962 Lincoln Memorial Cent is $0 - $0 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The presence of original 'Red' (RD) luster significantly increases value compared to 'Brown' (BN) examples.
• Professional grading by PCGS or NGC, especially for coins reaching MS-66 or higher, impacts price.
• Mint errors, such as double dies or off-center strikes, can raise the value well above the $0.05 base.
• The specific mint location, with Philadelphia and Denver being the primary producers for this year.

How to Identify 1962 Lincoln Memorial Cent?

• Verify the 1962 date on the obverse and the presence of the Lincoln Memorial design on the reverse.
• Check for the 'D' mint mark below the date for Denver strikes or the absence of a mark for Philadelphia.
• Examine the coin's composition; authentic 1962 cents are made of 95% copper and 5% tin/zinc.
• Look for sharp details in the pillars of the Lincoln Memorial and the fine lines of Lincoln's hair.

History of 1962 Lincoln Memorial Cent

The Lincoln Cent, first minted in 1909 to commemorate Abraham Lincoln's 100th birthday, initially featured two wheat stalks on the reverse. In 1959, to celebrate Lincoln's 150th birthday and to refresh the design, the reverse was changed to depict the Lincoln Memorial. This iconic design remained in production until 2008, becoming one of the longest-running coin designs in U.S. history.