The Historical Value Of A 1935 Penny: Unlocking Its Worth

How much is a 1935 penny worth?

The 1935 penny is a Lincoln penny that was minted in 1935. It is made of copper and has a diameter of 19.05 mm. The obverse of the coin features the Lincoln Memorial, and the reverse features the wheat stalks. The 1935 penny is a common coin, and it is worth about 10 cents in circulated condition. However, some 1935 pennies are worth more than others. For example, a 1935 penny that is in mint condition can be worth up to $100.

The 1935 penny is a popular coin among collectors. It is a relatively common coin, but it is still a valuable piece of history. The 1935 penny is a reminder of the Great Depression, and it is a symbol of American resilience.

Here is a table of the different grades of 1935 pennies and their corresponding values:

Grade	Value
Good	10 cents
Very Good	25 cents
Fine	50 cents
Very Fine	$1
Extremely Fine	$2
Uncirculated	$10
Mint State	$100

If you have a 1935 penny, it is worth taking it to a coin dealer to have it appraised. The coin dealer will be able to tell you the exact value of your coin based on its grade and condition.

1935 penny price

The 1935 penny price can vary depending on a number of factors, including the coin's condition, rarity, and historical significance. Here are eight key aspects that can affect the value of a 1935 penny:

Condition: The condition of a coin is one of the most important factors that determines its value. A coin that is in mint condition will be worth more than a coin that is circulated or damaged.
Rarity: The rarity of a coin also affects its value. A coin that is rare will be worth more than a coin that is common.
Historical significance: The historical significance of a coin can also affect its value. A coin that was minted during a significant historical event will be worth more than a coin that was minted during a less significant event.
Grade: The grade of a coin is a measure of its condition. A coin that is graded MS-65 will be worth more than a coin that is graded MS-60.
Mint mark: The mint mark on a coin indicates the mint where the coin was struck. A coin that was struck at a rare mint will be worth more than a coin that was struck at a common mint.
Variety: The variety of a coin refers to the different types of the same coin that were struck. A coin that is a rare variety will be worth more than a coin that is a common variety.
Errors: Errors on coins can also affect their value. A coin that has an error can be worth more than a coin that does not have an error.
Demand: The demand for a coin can also affect its value. A coin that is in high demand will be worth more than a coin that is not in high demand.

These are just a few of the factors that can affect the value of a 1935 penny. By understanding these factors, you can better determine the value of your own 1935 pennies.

1. Condition

The condition of a coin is one of the most important factors that determines its value. This is because the condition of a coin can affect its appearance, rarity, and historical significance. A coin that is in mint condition will be worth more than a coin that is circulated or damaged because it is more visually appealing, rarer, and has more historical significance.

Appearance: A coin that is in mint condition will have a bright, shiny surface with no scratches or dents. A coin that is circulated or damaged will have a dull, worn surface with scratches and dents. The appearance of a coin can affect its value because a coin that is visually appealing is more desirable to collectors.
Rarity: A coin that is in mint condition is more likely to be rare than a coin that is circulated or damaged. This is because coins that are circulated or damaged are more likely to be lost or destroyed. The rarity of a coin can affect its value because a coin that is rare is more desirable to collectors.
Historical significance: A coin that is in mint condition is more likely to have historical significance than a coin that is circulated or damaged. This is because coins that are circulated or damaged are more likely to be lost or destroyed. The historical significance of a coin can affect its value because a coin that has historical significance is more desirable to collectors.

In the case of the 1935 penny, the condition of the coin can have a significant impact on its value. A 1935 penny that is in mint condition can be worth up to $100, while a 1935 penny that is circulated or damaged may only be worth a few cents. Therefore, it is important to take care of your 1935 pennies and keep them in good condition if you want to maximize their value.

2. Rarity

The rarity of a coin is one of the most important factors that determines its value. This is because rare coins are more difficult to find, and therefore more desirable to collectors. The rarity of a coin can be determined by a number of factors, including the mintage, the survival rate, and the demand for the coin.

The mintage of a coin is the number of coins that were struck. The survival rate of a coin is the percentage of coins that have survived to the present day. The demand for a coin is the number of people who want to own the coin.

The 1935 penny is a good example of a rare coin. The mintage of the 1935 penny was only 48,801,900, which is significantly lower than the mintage of other pennies from the same era. The survival rate of the 1935 penny is also relatively low, as many of the coins were melted down for their copper content during World War II. The demand for the 1935 penny is high, as it is a popular coin among collectors.

As a result of its rarity, the 1935 penny is worth more than other pennies from the same era. A 1935 penny in mint condition can be worth up to $100, while a circulated 1935 penny is worth around $10.

The rarity of a coin is an important factor to consider when determining its value. Rare coins are more difficult to find, and therefore more desirable to collectors. As a result, rare coins are worth more than common coins.

3. Historical significance

The historical significance of a coin can have a major impact on its value. This is because coins that were minted during significant historical events are often seen as being more collectible and desirable. As a result, these coins often command a higher price than coins that were minted during less significant events.

The 1935 penny is a good example of a coin that has historical significance. The 1935 penny was minted during the Great Depression, which was one of the most difficult economic periods in American history. The 1935 penny is a reminder of this difficult time, and it is a valuable piece of history.

The historical significance of the 1935 penny has helped to increase its value. A 1935 penny in mint condition can be worth up to $100, while a circulated 1935 penny is worth around $10. This is significantly more than the value of other pennies from the same era.

The connection between historical significance and coin value is an important one to understand for collectors. Coins that have historical significance are often worth more than coins that do not. This is because collectors are willing to pay more for coins that have a story to tell.

When considering the value of a coin, it is important to consider its historical significance. Coins that were minted during significant historical events are often worth more than coins that were minted during less significant events.

4. Grade

The grade of a coin is a measure of its condition. The Sheldon Coin Grading Scale is the most widely used grading system for coins in the United States. The Sheldon scale assigns a numerical grade to a coin based on its condition, with MS-70 being the highest grade and Poor-1 being the lowest grade. The grade of a coin is determined by a number of factors, including the coin's strike, luster, surface preservation, and eye appeal.

Strike: The strike of a coin refers to the sharpness of the coin's design. A coin with a strong strike will have sharp, well-defined details. A coin with a weak strike will have soft, mushy details.
Luster: The luster of a coin refers to the shine of the coin's surface. A coin with a bright, reflective luster is more desirable than a coin with a dull, lifeless luster.
Surface preservation: The surface preservation of a coin refers to the condition of the coin's surface. A coin with good surface preservation will have few or no scratches or nicks. A coin with poor surface preservation will have many scratches or nicks.
Eye appeal: The eye appeal of a coin is a subjective measure of the coin's overall attractiveness. A coin with good eye appeal will be pleasing to the eye, while a coin with poor eye appeal will not be as pleasing to the eye.

The grade of a coin is an important factor in determining its value. A coin that is in mint condition will be worth more than a coin that is circulated or damaged. The grade of a coin can also affect its rarity. A coin that is in mint condition is more likely to be rare than a coin that is circulated or damaged.

The 1935 penny is a good example of how the grade of a coin can affect its value. A 1935 penny in mint condition can be worth up to $100, while a 1935 penny that is circulated or damaged may only be worth a few cents. Therefore, it is important to take care of your 1935 pennies and keep them in good condition if you want to maximize their value.

5. Mint mark

The mint mark on a coin is an important factor in determining its value. This is because the mint mark can indicate the rarity of the coin. Coins that were struck at rare mints are often more valuable than coins that were struck at common mints. This is because rare mint coins are more difficult to find, and therefore more desirable to collectors.

The 1935 penny is a good example of how the mint mark can affect the value of a coin. The 1935 penny was struck at three different mints: Philadelphia, Denver, and San Francisco. The Philadelphia mint mark is the most common, followed by the Denver mint mark. The San Francisco mint mark is the rarest.

As a result of its rarity, the 1935 penny with the San Francisco mint mark is worth more than the 1935 penny with the Philadelphia or Denver mint mark. A 1935 penny with the San Francisco mint mark in mint condition can be worth up to $100, while a 1935 penny with the Philadelphia or Denver mint mark in mint condition is worth around $10.

Understanding the connection between the mint mark and the value of a coin is important for collectors. By understanding this connection, collectors can make more informed decisions about which coins to buy and sell.

In addition to the mint mark, there are a number of other factors that can affect the value of a 1935 penny. These factors include the condition of the coin, the rarity of the coin, and the historical significance of the coin. By understanding all of these factors, collectors can better determine the value of their 1935 pennies.

6. Variety

The variety of a coin is an important factor in determining its value. This is because different varieties of the same coin can have different mintages, which can affect their rarity. Rare varieties are often worth more than common varieties because they are more difficult to find.

The 1935 penny is a good example of how variety can affect the value of a coin. There are two main varieties of the 1935 penny: the "normal" variety and the "steel" variety. The normal variety is the most common, while the steel variety is much rarer. As a result, the steel variety is worth more than the normal variety. A 1935 penny in mint condition can be worth up to $100, while a 1935 steel penny in mint condition can be worth up to $1,000.

Understanding the connection between variety and value is important for coin collectors. By understanding this connection, collectors can make more informed decisions about which coins to buy and sell.

In addition to variety, there are a number of other factors that can affect the value of a 1935 penny. These factors include the condition of the coin, the mint mark, and the historical significance of the coin. By understanding all of these factors, collectors can better determine the value of their 1935 pennies.

7. Errors

Errors on coins can occur for a variety of reasons, including die breaks, die cracks, and misaligned dies. These errors can range from minor to major, and the value of a coin with an error can vary depending on the severity of the error.

Minor errors, such as die chips or scratches, are relatively common and do not usually add much value to a coin. However, some minor errors, such as doubled dies or off-center strikes, can be more valuable.
Major errors, such as missing or extra digits on the date, can be very valuable. These errors are rare and highly sought-after by collectors.

The 1935 penny is one of the most popular coins among error collectors. There are a number of different errors that can be found on 1935 pennies, including:

Doubled dies: This error occurs when the die is struck twice, resulting in a doubled image on the coin.
Off-center strikes: This error occurs when the coin is not centered on the die, resulting in an off-center design.
Missing or extra digits on the date: This error occurs when the die is missing or has extra digits on the date.

The value of a 1935 penny with an error can vary depending on the severity of the error. A 1935 penny with a minor error may be worth a few dollars, while a 1935 penny with a major error may be worth hundreds or even thousands of dollars.

If you have a 1935 penny with an error, it is important to have it authenticated by a professional coin grader. This will help to ensure that the error is genuine and that you are getting a fair price for the coin.

8. Demand

The demand for a coin is a major factor in determining its value. This is because the demand for a coin can affect its rarity. Coins that are in high demand are often more difficult to find, and therefore more valuable. The 1935 penny is a good example of a coin that is in high demand. This is because the 1935 penny is a popular coin among collectors, and it is also a relatively rare coin. As a result of its high demand, the 1935 penny is worth more than other pennies from the same era.

The demand for a coin can also be affected by its historical significance. Coins that have historical significance are often more in demand than coins that do not. This is because coins that have historical significance are often seen as being more collectible and desirable. The 1935 penny is a good example of a coin that has historical significance. This is because the 1935 penny was minted during the Great Depression, which was one of the most difficult economic periods in American history. As a result of its historical significance, the 1935 penny is more in demand than other pennies from the same era.

Understanding the connection between demand and value is important for coin collectors. By understanding this connection, collectors can make more informed decisions about which coins to buy and sell. Collectors can also use their knowledge of demand to identify coins that are undervalued and may be worth investing in.

FAQs about 1935 Penny Price

The 1935 penny is a popular coin among collectors, and its value can vary depending on a number of factors. Here are some of the most frequently asked questions about the 1935 penny price:

Question 1: How much is a 1935 penny worth?

Answer: The value of a 1935 penny can vary depending on its condition, rarity, and other factors. A 1935 penny in mint condition can be worth up to $100, while a circulated 1935 penny may only be worth a few cents.

Question 2: What are the different factors that can affect the value of a 1935 penny?

Answer: The value of a 1935 penny can be affected by a number of factors, including its condition, rarity, mint mark, variety, and errors.

Question 3: How can I determine the value of my 1935 penny?

Answer: The best way to determine the value of your 1935 penny is to have it graded by a professional coin grader. This will help to ensure that the coin is genuine and that you are getting a fair price for it.

Question 4: Are there any 1935 pennies that are worth more than others?

Answer: Yes, there are some 1935 pennies that are worth more than others. For example, a 1935 penny with a mint mark from the San Francisco mint is worth more than a 1935 penny with a mint mark from the Philadelphia or Denver mint.

Question 5: Where can I buy or sell 1935 pennies?

Answer: You can buy or sell 1935 pennies at a variety of places, including coin shops, online auction sites, and coin shows.

These are just a few of the most frequently asked questions about the 1935 penny price. By understanding these FAQs, you can make more informed decisions about buying and selling 1935 pennies.

Summary of key takeaways:

The value of a 1935 penny can vary depending on a number of factors, including its condition, rarity, mint mark, variety, and errors.
The best way to determine the value of your 1935 penny is to have it graded by a professional coin grader.
There are some 1935 pennies that are worth more than others, such as 1935 pennies with a mint mark from the San Francisco mint.
You can buy or sell 1935 pennies at a variety of places, including coin shops, online auction sites, and coin shows.

Transition to the next article section:

Now that you have a better understanding of the 1935 penny price, you can start exploring other aspects of this fascinating coin.

1935 Penny Price Conclusion

The 1935 penny is a popular coin among collectors, and its value can vary depending on a number of factors. The condition, rarity, mint mark, variety, and errors are all important factors that can affect the value of a 1935 penny. By understanding these factors, collectors can make more informed decisions about buying and selling 1935 pennies.

The 1935 penny is a reminder of the Great Depression, and it is a valuable piece of American history. Collectors who are interested in owning a piece of history should consider adding a 1935 penny to their collection.