The 1973 D Penny, also known as the 1973 Lincoln Memorial Cent, is a highly sought-after coin among collectors and enthusiasts. As one of the most widely produced coins in the world, the 1973 D Penny holds a special place in the hearts of many numismatists. In this article, we will delve into the history, design, and value of the 1973 D Penny, providing you with a comprehensive price guide to help you navigate the world of coin collecting.
History of the 1973 D Penny
The 1973 D Penny was minted in Denver, Colorado, and is part of the Lincoln Memorial Cent series, which was introduced in 1959. The series was designed to honor the life and legacy of President Abraham Lincoln, the 16th President of the United States. The obverse (front) of the coin features a portrait of Lincoln, while the reverse (back) features an image of the Lincoln Memorial in Washington D.C.
The 1973 D Penny was produced in large quantities, with over 4.4 billion coins minted that year. Despite its abundance, the coin remains highly collectible due to its historical significance and unique characteristics.
Design of the 1973 D Penny
The design of the 1973 D Penny is identical to other coins in the Lincoln Memorial Cent series. The obverse features a portrait of Lincoln, designed by Victor David Brenner, while the reverse features an image of the Lincoln Memorial, designed by Frank Gasparro.
The coin's design is characterized by:
- A copper-plated zinc composition (95% copper, 5% zinc)
- A diameter of 19.1 mm
- A weight of 3.11 grams
- A reeded edge
The coin's design has undergone several changes over the years, but the 1973 D Penny features the iconic Lincoln Memorial design that has become synonymous with American coinage.
Value of the 1973 D Penny
The value of the 1973 D Penny depends on several factors, including its condition, rarity, and demand. Here is a breakdown of the coin's value in different conditions:
- Good Condition: $0.10 - $0.50
- Fine Condition: $0.50 - $1.50
- Extra Fine Condition: $1.50 - $5.00
- About Uncirculated Condition: $5.00 - $10.00
- Mint State Condition: $10.00 - $50.00
- Proof Condition: $50.00 - $100.00
Please note that these values are estimates and may vary depending on the coin's specific characteristics and market demand.
Factors Affecting the Value of the 1973 D Penny
Several factors can affect the value of the 1973 D Penny, including:
- Condition: The coin's condition plays a significant role in determining its value. Coins in better condition, with fewer scratches and wear, are more valuable than those in poor condition.
- Rarity: While the 1973 D Penny is not rare, certain mint errors or variations can make the coin more valuable.
- Demand: The demand for the 1973 D Penny can fluctuate over time, affecting its value. Coins that are in high demand, such as those with unique characteristics or historical significance, can command higher prices.
- Authentication: Verifying the coin's authenticity is crucial in determining its value. Coins that are certified by reputable third-party grading services, such as PCGS or NGC, can command higher prices.
Price Guide for the 1973 D Penny
Here is a comprehensive price guide for the 1973 D Penny, including prices for different conditions and variations:
| Condition | Price |
|---|---|
| Good | $0.10 - $0.50 |
| Fine | $0.50 - $1.50 |
| Extra Fine | $1.50 - $5.00 |
| About Uncirculated | $5.00 - $10.00 |
| Mint State | $10.00 - $50.00 |
| Proof | $50.00 - $100.00 |
| Mint Error | $100.00 - $500.00 |
| Variety | $500.00 - $1,000.00 |
Please note that these prices are estimates and may vary depending on the coin's specific characteristics and market demand.
Where to Buy and Sell the 1973 D Penny
You can buy and sell the 1973 D Penny through various channels, including:
- Coin dealers: Reputable coin dealers, such as PCGS or NGC, can provide you with certified coins and expert advice.
- Online marketplaces: Online marketplaces, such as eBay or Amazon, offer a wide selection of coins, including the 1973 D Penny.
- Coin shows: Coin shows and exhibitions provide a platform for collectors to buy, sell, and trade coins.
- Auction houses: Auction houses, such as Heritage or Stack's Bowers, offer rare and unique coins, including the 1973 D Penny.
When buying or selling the 1973 D Penny, ensure that you work with reputable dealers and follow best practices to avoid counterfeits and scams.
Conclusion
The 1973 D Penny is a highly collectible coin that offers a unique combination of historical significance, design, and value. Whether you're a seasoned collector or just starting your numismatic journey, the 1973 D Penny is an excellent addition to any coin collection.
We hope that this article has provided you with a comprehensive guide to the 1973 D Penny, including its history, design, value, and price. Remember to always work with reputable dealers, follow best practices, and enjoy the hobby of coin collecting!
What is the value of the 1973 D Penny?
+The value of the 1973 D Penny depends on its condition, rarity, and demand. The coin's value can range from $0.10 to $100.00 or more.
Where can I buy the 1973 D Penny?
+You can buy the 1973 D Penny through various channels, including coin dealers, online marketplaces, coin shows, and auction houses.
How can I determine the authenticity of the 1973 D Penny?
+To determine the authenticity of the 1973 D Penny, you can work with reputable dealers, check the coin's certification, and examine the coin's characteristics, such as its weight, diameter, and edge.