what is the 1994 penny
Despite being one of the least valuable coins, the American penny is extremely valuable historically and is highly sought-after both domestically and internationally.
The 1994 S Lincoln Memorial Penny (Proof Coin) has an estimated value of $11 or more according to the USA Coin Book.
Despite being relatively new by today’s standards, the 1994 penny is an intriguing addition to the series. Many coins are only worth their face value, but this penny’s special variations and flaws can bring hundreds or even thousands of dollars at auction.
1994 Penny Details
Throughout the series, the reverse underwent a few redesigns. Simple wheat designs were used on pennies from 1909 to 1959. The words “United States of America” and “e Pluribus Unum” were imprinted on two shafts of wheat.
Only about 20 bronze 1943-D pennies are thought to have been produced by the Philadelphia and San Francisco Mints. The rarest known one-cent coin in the world is the 1943-D bronze penny, which is even more rare because the Denver Mint is said to have only produced one of them.
There are plenty of 1994-D Lincoln Memorial Cents available in all grades up to mint condition. These coins are easy to find with full details and happen to be very attractive strikes.
Philadelphia, Denver, and Philadelphia were the three American locations where the 1994 Lincon penny was struck. Only a few million pennies were made at San Franciso that year; the majority were made in Philadelphia and Denver. Because of this, the 1944 S penny is the rarest and possibly most valuable at auction.
| 1994 Penny Value Chart | ||||
| Mint Mark | Good | Fine | Very Fine | Uncirculated |
| 1994 No Mint Penny | $0.01 | $0.01 | $0.01 | $0.34 |
| 1994 D Penny | $0.01 | $0.01 | $0.01 | $0.34 |
| 1994 S Penny | $0.01 | $0.01 | $0.01 | $10.00 + |
A brief overview of the four most popular value categories is provided below:
Good: This occurs when there are clear indications of wear on the coin’s surface, particularly in the raised areas of the design. Almost invariably, it is only worth face value.
Fine: so, the coin might have sharp details, but you’ll need a magnifying glass to see them.
Very fine: The coin has a great deal of detail in certain areas, like the brickwork or hair. The lettering is crisp and shows very little wear.
Uncirculated: the coin retains a large portion of its original mint luster and shows no visible signs of wear and tear.
