How much money is a 1988 penny worth?

CoinTrackers.com has estimated the 1988 Lincoln Penny value at an average of 1 cent, one in certified mint state (MS+) could be worth $1.

What is a rare transition penny?

Transitional errors happen when a coin is struck on a planchet meant for the previous year of a different composition or when a coin is struck with dies meant for a different year. The most famous example of this might be the 1943 Lincoln cent struck on a Copper planchet. Photo By Heritage Auction Galleries.

Is a 1988 penny rare?

Most 1988 pennies in circulated condition are only worth their face value of $0.01. These coins can only sell for a premium in uncirculated condition. The 1988 penny with no mint mark and the 1988 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.

How rare is a 1988 D penny?

With a mintage of 5,253,740,443 pieces, a 1988-D Lincoln cent is usually anything but rare. However, in top Mint State grades, nearly all circulation strike Lincoln cents are in demand from Registry Set collectors.

How much is a 1988 Lincoln Memorial penny worth?

What this coin looks like (obverse, reverse, mint mark location, special features, etc.): USA Coin Book estimated value of 1988-D Lincoln Memorial Penny is worth $0.30 or more in uncirculated (MS+) mint condition. Click here to learn how to use coin price charts.

What was the edge of a 1943 Penny made of?

The blanking press punched coin blanks punched out of it. The manufacturing process resulted in bare steel exposed on the edge of the coin. As moisture attacked the edge of the coin, it would rust regardless of the surface condition of the rest of the coin. There are a few very valuable error coins produced in 1943.

What was the silver penny made of in World War 2?

The 1943 silver colored penny is a wartime coin issue made of steel and coated with zinc. During World War II, the war effort required a lot of copper to make shell casings and munitions.

Why is the inside of a silver penny rusting?

Moisture came in contact with the coins as they circulated in commerce. The moisture caused the zinc coating to turn to an ugly blackish color. As the zinc coating wore off the steel core the exposed steel underneath began to rust. The manufacturing process for producing the planchets was also flawed.