1959 Penny Value: Price Chart by Grade & Mint Mark
Quick answer
1959 penny value: PCGS lists $18 in MS65. Mintage, mint marks and what to check.
Updated 2026-09-25 · Sources: PCGS CoinFacts, Wikipedia, mintmarkmadison.com
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- Year: 1959
- Reverse design: Memorial reverse (1959-2008)
- Composition: 95% copper, 2.5% tin, 2.5% zinc (bronze)
- Weight: 3.11 g
- Diameter: 19.05 mm
- Mintage, no mint mark (Philadelphia): 609,715,000 circulation strikes, 1,149,291 proofs
- Mintage, D (Denver): 1,279,760,000 circulation strikes
- Value, MS65 RD (1959, PCGS): $18
How many 1959 pennies were made
In 1959 the U.S. Mint struck about 1.89 billion Lincoln cents for circulation: Philadelphia 609.7 million, Denver 1.28 billion. That is 79% more than 1958. Among the 117 years from 1909 to 2025, 1959 ranks number 66 by total mintage (1 = most coins made), so it is a mid-range date for availability. The scarcest 1959 issue by mintage is Philadelphia (609,715,000); the most common is Denver (1,279,760,000). Within the 1950s, 1959 ranks 1 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 141% from 1958; Denver rose 60% from 1958. Proof cents for collectors: 1,149,291 from Philadelphia.
Mint marks on a 1959 penny
The mint mark, if any, sits under the date on the front of the coin. A 1959 cent with no mint mark was struck at Philadelphia and is the normal, common form for that mint. The letters you can find on 1959 circulation cents are D (Denver). Proof cents for 1959 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 1959 penny
- 1959 introduced the Lincoln Memorial reverse. If a 1959 cent shows the wheat stalks reverse, it is an altered or counterfeit coin; the one known example was tied to a counterfeiting case.
- Cents from this era are 95% copper and weigh 3.11 g. A coin with this date that weighs about 2.5 g is a plated or altered piece, not a transitional error (zinc cents only begin in 1982). Small raised blobs or lines between letters, especially between the B and E of LIBERTY, are die breaks (collectors call them BIE cents); they are common and carry little premium.
- Before anything else, confirm the date and mint mark are fully readable and that the surfaces have not been cleaned; the dates and mint marks guide shows what cleaning and machine doubling look like.
How much is a 1959 penny worth?
PCGS Price Guide values for 1959 cents (updated September 24, 2026, U.S. dollars, for coins certified by PCGS):
- 1959: $6 in MS63 RD and $18 in MS65 RD.
- 1959-D: $4 in MS63 RD and $18 in MS65 RD.
Philadelphia is the lowest-mintage 1959 issue (609,715,000 struck), so it is the mint collectors check first. Guide prices assume a certified coin; an uncertified, worn 1959 cent usually sells for less than the lowest figure above, often little more than face value. RD means full original red copper, RB red-brown, BN brown; the color grade can multiply the price. How grade and variety turn into a number is explained in what makes a coin valuable.
Mint marks: what the letter on a U.S. coin means
A mint mark is the small letter that shows which Mint struck a coin. The four U.S. Mints operating today use P (Philadelphia), D (Denver), S (San Francisco) and W (West Point) (Wikipedia, Mint mark). Older coins can carry marks of closed mints. First-use dates from Wikipedia:
- D, Dahlonega, Georgia: 1838 (gold coins; not the same D as Denver)
- C, Charlotte, North Carolina: 1838
- O, New Orleans: 1838
- S, San Francisco: 1854
- CC, Carson City: 1870
- D, Denver: 1906
- M, Manila: 1920
- W, West Point: 1974
Philadelphia coins made before 1980 usually have no letter at all. The exceptions are the silver wartime nickels of 1942–1945 and the Susan B. Anthony dollar from 1979. On the Lincoln cent a P appeared only in 2017, to mark 225 years of the Philadelphia Mint.
Where the mint mark is located
- Lincoln cent: on the front, under the date, on every year that has one, including this 1959 coin.
- Washington quarter: from 1968 on, on the front at the lower right, to the right of Washington's neck (Wikipedia, Washington quarter).
- 1965 to 1967: no mint marks on any U.S. circulating coin. They were removed to discourage hoarding when silver was dropped and returned in 1968; on quarters the mark then moved to the front.
For other denominations and older series, the dates and mint marks guide shows where to look.
Which mint marks are valuable
No letter is valuable by itself; value comes from the combination of year and mint that produced few coins. On Lincoln cents, examples priced by PCGS (September 24, 2026):
- S on a 1909 VDB: $875 in Good, against $18 for the same coin without the S.
- D on a 1914: $185 in Good, against $2 for a 1914 with no mint mark.
- S on a 1931: $70 in Good, against $1 for a 1931 with no mint mark.
- No D on a 1922: all 1922 cents were struck at Denver, so the rare coin is the one missing its D ($550 in Good for the Strong Reverse).
- One letter punched over another: the 1944-D/S ($45 in Good) and 1943-D/D ($50 in Good) show a second letter under the first.
For 1959 itself, neither the plain coin nor the 1959-D carries a premium; both are $18 in MS65 RD.
How to identify a mint mark
- Hold the coin under a 5x to 10x magnifier with light coming from the side; a small letter under a worn date shows best at a low angle.
- Tell a letter from damage: a real mint mark has the same crisp edges and depth as the date digits, while a scratch or a spot of corrosion does not.
- Look for a second outline around the letter. That is a repunched or overpunched mint mark, a recognized variety on some dates.
- No letter on a pre-1980 coin usually means Philadelphia, except in 1965–1967 when no mint used marks.
Photographing the front of the coin in the app reads the date and mint mark together and flags known mint-mark varieties for that year.
How this page was made
Research and drafting for this page were assisted by AI and checked line by line against the sources listed below. Prices are copied from the named price guide or auction report with its date; where a figure could not be confirmed we say so rather than estimate. If you find an error, tell us and we will correct it.
FAQ
Is a 1959 penny with no mint mark rare?
No. A 1959 cent without a mint mark is the normal Philadelphia strike, and 609,715,000 were made.
What does the D on a 1959 penny mean?
D means the coin was struck at the Denver Mint. Denver made 1,279,760,000 cents in 1959, the most of any mint that year.
How do I tell if my 1959 penny is an error coin?
Compare it with the checklist above. True errors and varieties for 1959 are listed there; a photo of both sides in even light is enough for the app to flag the features worth a closer look.
How do I identify a mint mark?
Find the small letter (P, D, S, W, or on older coins C, CC, O) under a magnifier in side light. On a Lincoln cent it is under the date; a coin made before 1980 with no letter usually came from Philadelphia.
Where is a mint mark located?
On Lincoln cents, under the date on the front. On quarters from 1968 on, on the front at the lower right beside Washington's neck.
Which mint marks are valuable?
Those on low-mintage dates: the S on a 1909 VDB, the D on a 1914 and the S on a 1931 cent, for example. The missing D on a 1922 cent and doubled mint marks such as 1944-D/S are also valuable.
Is Mint Mark in Madison, WI related to coin mint marks?
No. Mint Mark in Madison is a restaurant and bar at 1874 East Washington Avenue; its website does not name an owner. This page is about the letters on coins.
More in Lincoln Penny Value by Year: 1909–2025 Price Chart
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- 1951 Wheat Penny Value: Price Chart by Grade & Mint
- 1952 Wheat Penny Value: Price Chart by Grade & Mint
- 1953 Wheat Penny Value: Price Chart by Grade & Mint
- 1954 Wheat Penny Value: Price Chart by Grade & Mint
- 1955 Penny Value: Doubled Die Price & Mint Chart
- 1956 Wheat Penny Value: Price Chart by Grade & Mint
- 1957 Wheat Penny Value: Price Chart by Grade & Mint
- 1958 Wheat Penny Value: Price Chart by Grade & Mint
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Sources
- PCGS CoinFactswww.pcgs.com/prices/detail/lincoln-cent-modern/47/most-active
- Wikipediaen.wikipedia.org/wiki/Lincoln_cent_mintage_figures
- Wikipediaen.wikipedia.org/wiki/Lincoln_cent
- Wikipediaen.wikipedia.org/wiki/Mint_mark
- Wikipediaen.wikipedia.org/wiki/Washington_quarter
- PCGS CoinFactswww.pcgs.com/prices/detail/lincoln-cent-wheat-reverse/46/most-active
- mintmarkmadison.comwww.mintmarkmadison.com/
Compiled by the CoinLens editorial team
Every fact on this page is taken from the sources listed above; numbers and prices are copied from the source, and prices name the guide or auction and its date. Research and drafting were assisted by AI, and each claim was then checked against the cited sources. Checked 2026-09-25. We do not buy, sell or grade items; the app identifies what you photograph and points you to these references.