Photo source: This 1964 Denver Penny was produced on top of a 1963 Denver Penny from the same mint. 1964 Penny-D 1C Lincoln Cent Coined on 1963-D Lincoln There are actually three “Lincolns” on the same coin! Heritage Auctions sold it for $1,440 in 2020, and it was graded MS64 RB. This is accomplished by striking the original copper many times. Photo source: A multiple minting fault can be seen on this 1964 cent. Photo source: Error 1964 Penny Triple Saddle Strike As we’ll see below, certified capsules are an excellent choice for both this and knowing the grade. It is critical to store our coins in a stable and controlled environment to preserve their original patina. With coins as common as these, the most unique patinas are prioritised, so a BN or RB may be discounted, whereas an RD increases the coin’s worth due to its rarity in common coins. It is the most expensive patina of the three, and collectors prize it the highest. This is the red patina that copper tone that coins have when they’re first struck the rarity of this patina stems from the challenge of preserving a coin with that tone for such a long time. As a result, it is a little more expensive than the preceding one due to its rarity. 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.
This is an abbreviation for Red and Brown, which means it’s a brown specimen with the typical reddish tones of a newly minted copper coin, similar to the preceding patina. Greenish or bluish tints, which are common in this metal, can be visible in some specimens with this patina that have not been circulated very often, making it much more remarkable. This brown patina is the most frequent of the three visually, it appears to be the most aged, and it is the colour that copper coins typically acquire with time. Let’s take a look at each of these tonal variants in more detail. 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 SMS penny’s rims have a more square profile, comparable to that of a 1964 proof penny.The rim of the 1964 SMS penny is one of the locations where the outstanding details really stand out.On the 1964 SMS penny, the overall strike and details are substantially clearer than on a circulation strike.Unlike 1964 proof pennies, 1964 SMS pennies have a smooth finish and are not reflective (or mirror-like).
#1964 CANADIAN PENNY HOW TO#
So, how can you tell if you have one of these coveted coins? Here’s how to determine the difference between standard 1964 pennies and proof 1964 pennies: What we do know for sure is that the SMS 1964 penny is very rare and commands prices in the thousands!
Or these could have been part of a 1964 Special Mint Set that included the 1964 Peace dollar.
#1964 CANADIAN PENNY FULL#
However, there wasn’t actually a full set of 1964 SMS coins produced, so while we’ll never know for sure why these coins exist, it’s possible that 1964 SMS pennies and other SMS coins were minted as prototypes for the 1965 Special Mint Sets. 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. To concentrate its efforts on manufacturing more circulating coinage, the United States Mint temporarily halted production of the long-popular yearly uncirculated and proof sets, and instead focused on a single collector product known as a “Special Mint Set” (SMS).
Some officials at the United States Mint blamed coin collectors for the shortfall. Basically, silver hoarders removed 90% of silver dimes, quarters, and half dollars from circulation in the early 1960s, resulting in a serious coin scarcity. Photo source: The SMS (Special Mint Set) Penny is the most valuable example of the 1964 Penny, and it comes with a pretty interesting story of why it exists. Quantity Minted: Approximately 30 were minted
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