1974 Penny (Lincoln Cent): Mintage & What to Check

In 1974 the U.S. Mint struck about 8.88 billion Lincoln cents for circulation: Philadelphia 4.10 billion, West Point 129.0 million, Denver 4.24 billion, San Francisco 409.4 million, San Francisco 2.6 million. That is 17% more than 1973. Among the 117 years from 1909 to 2025, 1974 ranks number 29 by total mintage (1 = most coins made), so it is one of the most common dates in the series. The scarcest 1974 issue by mintage is San Francisco (2,612,568); the most common is Denver (4,235,098,000). Within the 1970s, 1974 ranks 5 of 10 years for mintage; the decade's high was 1979 (10.16 billion) and its low was 1971 (5.36 billion). Mint by mint: Philadelphia rose 10% from 1973; West Point did not strike circulation cents in 1973; Denver rose 19% from 1973; San Francisco rose 29% from 1973; San Francisco fell 99% from 1973.

The mint mark, if any, sits under the date on the front of the coin. A 1974 cent with no mint mark was struck at Philadelphia or West Point (the two cannot be told apart) and is the normal, common form for that mint. The letters you can find on 1974 circulation cents are D (Denver) and S (San Francisco).

• Between 1974 and 1986 the West Point facility also struck cents, without any mint mark. A cent from these years with no mint mark can therefore be from Philadelphia or West Point; the two cannot be told apart, and neither is scarce.
• 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.
• For any 1974 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.

What a 1974 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 1974 issue), and the grade (an uncirculated coin with original red colour is a different market from a worn brown one). A normal, circulated 1974 cent from the most common mint is a very common 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.