1950 Penny (Lincoln Cent): Mintage & What to Check
1950 Lincoln cent: 726.1 million struck, San Francisco scarcest. Mint marks, known varieties and how value is judged, with no prices.
At a glance
- Year: 1950
- Reverse design: Wheat reverse (1909-1958)
- Composition: 95% copper, 2.5% tin, 2.5% zinc (bronze)
- Weight: 3.11 g
- Diameter: 19.05 mm
- Mintage, no mint mark (Philadelphia): 272,635,000 circulation strikes, 51,383 proofs
- Mintage, D (Denver): 334,950,000 circulation strikes
- Mintage, S (San Francisco): 118,505,000 circulation strikes
How many 1950 pennies were made
In 1950 the U.S. Mint struck about 726.1 million Lincoln cents for circulation: Philadelphia 272.6 million, Denver 334.9 million, San Francisco 118.5 million. That is 67% more than 1949. Among the 117 years from 1909 to 2025, 1950 ranks number 82 by total mintage (1 = most coins made), so it is one of the lower-mintage dates of the series. The scarcest 1950 issue by mintage is San Francisco (118,505,000); the most common is Denver (334,950,000). Within the 1950s, 1950 ranks 9 of 10 years for mintage; the decade's high was 1959 (1.89 billion) and its low was 1954 (419.4 million). Mint by mint: Philadelphia rose 25% from 1949; Denver rose 119% from 1949; San Francisco rose 84% from 1949. Proof cents for collectors: 51,383 from Philadelphia.
Mint marks on a 1950 penny
The mint mark, if any, sits under the date on the front of the coin. A 1950 cent with no mint mark was struck at Philadelphia and is the normal, common form for that mint. The letters you can find on 1950 circulation cents are D (Denver) and S (San Francisco). Proof cents for 1950 were struck at Philadelphia with no mint mark; they have mirror-like fields and came from collector sets, not from circulation.
What to check on a 1950 penny
- From 1918 onward the initials V.D.B. sit in tiny letters on the truncation of Lincoln's shoulder on the obverse. They are normal and do not add value; they are simply a way to confirm the coin's era.
- Wheat cents were struck in bronze (3.11 g) except for 1943. Genuine coins show a plain edge and a slightly lighter, more reddish colour than modern zinc cents when uncirculated; a brown, evenly worn coin is the normal state for this era and is not damage.
- For any 1950 cent, check three things before anything else: that the date and mint mark are fully readable, that the surfaces have not been cleaned (unnatural brightness, fine parallel scratches), and whether any doubling on the lettering is true die doubling (rounded, separated) rather than flat machine doubling.
Is a 1950 penny worth anything?
What a 1950 cent is worth depends on three things in this order: the variety (a recognised doubled die or transitional error is worth far more than a normal coin), the mint (San Francisco is the lowest-mintage 1950 issue), and the grade (an uncirculated coin with original red colour is a different market from a worn brown one). A normal, circulated 1950 cent from the most common mint is an available coin; published price guides from grading services list values by grade and variety, and they change over time. This page does not give prices. To get a reference range for the exact coin in your hand, photograph both sides in even light and let the app read the date, mint mark and visible varieties first.
FAQ
Is a 1950 penny with no mint mark rare?
No. A 1950 cent without a mint mark is the normal Philadelphia strike, and 272,635,000 were made.
What does the D on a 1950 penny mean?
D means the coin was struck at the Denver Mint. Denver made 334,950,000 cents in 1950, the most of any mint that year.
Is a 1950-S penny valuable?
S means San Francisco, which struck 118,505,000 circulation cents in 1950, the lowest mintage of the year, so it is the issue collectors look for first. Value still depends on grade and on whether the coin is a recognised variety.
Related
Sources
- https://en.wikipedia.org/wiki/Lincoln_cent_mintage_figures
- https://en.wikipedia.org/wiki/Lincoln_cent
Updated 2026-09-10.