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1959 Penny Value: What Are 1959 Pennies Worth? Find Out Here

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Did you find a 1959 penny in your pocket change or poster one in your coin jar ?

You ’ re probably curious if that 1959 Lincoln Memorial penny is worth anything more than a penny, right ? If you ’ d like to find out more about 1959 pennies, why they ’ re special, and how much they ’ re worth, then you ’ ve come to the right place ! We ’ ve got more information on 1959 penny values, facts about these old pennies, and information on why you should keep these coins.

1959 Penny Facts

The 1959 penny is extra because it became the first to bear a reversion ( or tails ) portrayal of the Lincoln Memorial. The Lincoln Memorial was dedicated in Washington, D.C. in 1922 to honor the life of President Abraham Lincoln, who remains on the obverse ( steer ’ south side ) of the one-cent coin today. The Lincoln Memorial design replaced the famous wheat ears, or Lincoln wheat penny design that was struck on the coin from 1909 through 1958.

While people loved wheat pennies, the modern 1959 one-cent coins were largely democratic with the public when they were first released. There are constantly critics though. Some even called the new coins “ streetcar car cents, ” likening the Lincoln Memorial invention to the appearance of a streetcar car. The new Lincoln Memorial design was created by Frank Gasparro — whose initials FG are found to the bottom right of the Lincoln Memorial design. Gasparro besides designed other celebrated coins, such as the Eisenhower dollar and Susan B. Anthony dollar. Finding a 1959 Lincoln Memorial penny nowadays isn ’ thymine excessively hard with enough search, but they ’ re getting more challenge to locate as newer pennies continually displace older ones in circulation.

It ’ south actually getting much more difficult to find any pre- 1982 pennies in spare change these days –because people are saving them for their intrinsic bull prize, which is presently worth about 2 cents. In other words, these old copper pennies are worth about twice their face value! But does that mean all 1959 pennies are worth “ alone ” 2 cents ? In a word, no.

How Much Are 1959 Pennies Worth?

If you find any 1959 penny in your pocket change, keep it ! Again, they’re all worth at least 2 cents — so you ’ ra doubling your money !

The merely 1959 pennies worth more than 2 cents are:

  • Those that contain rare errors or varieties.
  • Those that have never been worn.

It ’ s potential to find a circle 1959 penny with some matter to errors — such as repunched mintmarks or possibly even a double die. But you ’ re not going to find any unworn 1959 pennies in spare part transfer because about anything you find in circulation will show some signs, even minute indications, of some clothing. here ’ s what 1959 uncirculated and proof pennies are worth :

  • 1959 penny — 609,715,000 minted; 25 to 50+ cents
  • 1959-D penny — 1,279,760,000 (1.27 billion) minted; 25 to 50+ cents
  • 1959 proof penny — 1,149,291 minted; $2+

* All values are for uncirculated and proof 1959 pennies, and therefore must have no signs of break.

What Else Happened When Your 1959 Penny Was Made?

Whew… 1959 was a busy year ! There were so many neat things going on when 1959 pennies were being made at the United States Mint. hera ’ s a glance at a few of those events :

  • Alaska and Hawaii were admitted into the United States as the 49th and 50th states, respectively.
  • Fidel Castro was sworn in as the prime minister of Cuba.
  • The famous doll, Barbie, debuted at the American Toy Fair in New York.
  • Bonanza, Twilight Zone, Gunsmoke, and Dennis The Menace aired on TV for the first time.
  • The Guggenheim Museum, designed by famous architect Frank Lloyd Wright, opened in New York City.
  • American car manufacturer Ford stopped producing its highly unpopular Edsel model.
  • Top songs in 1959 included “Mack the Knife” by Bobby Darin, “Smoke Gets in Your Eyes” from The Platters, and “I Need Your Love Tonight” by Elvis Presley.

More About The 1959 Penny Value

In addition to the links I ’ ve included above, here are some other resources to help find the rate of your 1959 pennies :

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Joshua I ’ m the Coin Editor here at TheFunTimesGuide. My love for coins began when I was 11 years old. I primarily collect and study U.S. coins produced during the twentieth hundred. I ’ m a member of the American Numismatic Association ( ANA ) and the Numismatic Literary Guild ( NLG ) and have won multiple awards from the NLG for my ferment as a coin journalist. I ’ m besides the editor at the Florida United Numismatists Club ( FUN Topics cartridge holder ), and generator of Images of America : The United States Mint in Philadelphia ( a book that explores the colorful history of the Philadelphia Mint ). I ’ ve contributed hundreds of articles for respective coin publications including coinage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. I ’ ve authored closely 1,000 articles here at The Fun Times Guide to Coins ( many of them with over 50K shares ), and I welcome your mint questions in the comments below !

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