Wondering about the value of a 1935-S penny? The 1935-S penny is a valuable and sought-after coin by collectors, due to its rarity and historical significance.
The 1935-S penny was minted in San Francisco, and only 1,846,000 were produced. This makes it one of the rarest Lincoln pennies ever produced, and it is highly prized by collectors. The 1935-S penny is also significant because it was the last year that the San Francisco Mint produced Lincoln pennies.
The value of a 1935-S penny can vary depending on its condition and grade. A coin that is in good condition and has a high grade will be worth more than a coin that is in poor condition and has a low grade. However, even a 1935-S penny in poor condition is worth more than its face value due to its rarity.
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The following table provides an overview of the value of 1935-S pennies in different grades:
| Grade | Value |
|---|---|
| Good | $10-$20 |
| Very Good | $20-$30 |
| Fine | $30-$40 |
| Very Fine | $40-$50 |
| Extremely Fine | $50-$100 |
| Uncirculated | $100+ |
If you have a 1935-S penny, it is important to have it graded by a professional coin grading service to determine its exact value. This will help you to ensure that you get a fair price for your coin if you decide to sell it.
Penny 1935 S Value
The 1935-S penny is a valuable and sought-after coin by collectors, due to its rarity and historical significance. Here are six key aspects that contribute to its value:
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- Rarity: Only 1,846,000 were produced.
- Historical significance: It was the last year that the San Francisco Mint produced Lincoln pennies.
- Condition: A coin in good condition is worth more than one in poor condition.
- Grade: A coin with a high grade is worth more than one with a low grade.
- Mint mark: The "S" mint mark indicates that the coin was minted in San Francisco.
- Collectibility: The 1935-S penny is a popular coin among collectors.
These factors all contribute to the value of a 1935-S penny. A coin that is rare, in good condition, has a high grade, and is from a popular mint mark will be worth more than a coin that is not. Collectors are willing to pay a premium for coins that are in good condition and have a high grade, as these coins are more difficult to find. The 1935-S penny is a valuable and sought-after coin, and it is a great addition to any coin collection.
1. Rarity
The rarity of the 1935-S penny is a major factor contributing to its value. With only 1,846,000 produced, it is one of the rarest Lincoln pennies in existence. This scarcity makes it highly sought-after by collectors, who are willing to pay a premium for the opportunity to own one.
- Limited mintage: The low mintage of the 1935-S penny is due to the fact that the San Francisco Mint was only in operation for a few months that year. This limited production run resulted in a relatively small number of coins being produced, which has made them scarce today.
- High demand: The 1935-S penny is a popular coin among collectors due to its rarity and historical significance. This high demand has driven up the value of the coin, making it one of the most valuable Lincoln pennies in circulation.
- Investment potential: The rarity of the 1935-S penny makes it a good investment for collectors. As the number of these coins available continues to dwindle, their value is likely to continue to increase over time.
The rarity of the 1935-S penny is a key factor that contributes to its value. This scarcity makes it a popular coin among collectors and a good investment for those looking to add a valuable piece to their collection.
2. Historical significance
The historical significance of the 1935-S penny is another factor that contributes to its value. It was the last year that the San Francisco Mint produced Lincoln pennies, making it a unique and collectible coin.
- Commemorative value: The 1935-S penny serves as a reminder of the San Francisco Mint's long and storied history. It is a tangible link to the past, and it is prized by collectors for its historical significance.
- Symbol of American history: The Lincoln penny is one of the most iconic coins in American history. It features the likeness of Abraham Lincoln, one of the most revered presidents in American history. The 1935-S penny is a symbol of American history and culture, and it is cherished by collectors for its historical significance.
- Investment potential: The historical significance of the 1935-S penny makes it a good investment for collectors. As the number of these coins available continues to dwindle, their value is likely to continue to increase over time.
The historical significance of the 1935-S penny is a key factor that contributes to its value. It is a unique and collectible coin that is prized by collectors for its historical significance and its connection to American history.
3. Condition
The condition of a coin is a major factor that determines its value. This is especially true for rare coins, such as the 1935-S penny. A coin in good condition will be worth more than a coin in poor condition, even if the two coins are of the same rarity.
- Factors that affect condition: The condition of a coin is affected by a number of factors, including how it was stored, how it was handled, and whether or not it was circulated. A coin that has been well-preserved will be in better condition than a coin that has been damaged or circulated.
- Grading: The condition of a coin is typically graded on a scale of 1 to 70, with 70 being the highest grade. A coin that is in mint condition will receive a grade of 70. A coin that is in poor condition will receive a grade of 1.
- Value: The value of a coin is directly related to its condition. A coin in good condition will be worth more than a coin in poor condition. This is because a coin in good condition is more desirable to collectors.
When it comes to the 1935-S penny, condition is especially important. A 1935-S penny in good condition will be worth more than a 1935-S penny in poor condition, even though the two coins are of the same rarity. This is because a 1935-S penny in good condition is more desirable to collectors.
4. Grade
The grade of a coin is a measure of its condition, and it is one of the most important factors that determines its value. This is especially true for rare coins, such as the 1935-S penny. A coin with a high grade will be worth more than a coin with a low grade, even if the two coins are of the same rarity.
- Factors that affect grade: The grade of a coin is affected by a number of factors, including how it was stored, how it was handled, and whether or not it was circulated. A coin that has been well-preserved will be in better condition and will receive a higher grade than a coin that has been damaged or circulated.
- Grading services: Coins are graded by professional coin grading services, such as the Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS). These services use a variety of factors to determine the grade of a coin, including its condition, strike, and luster.
- Value: The value of a coin is directly related to its grade. A coin with a high grade will be worth more than a coin with a low grade. This is because a coin with a high grade is more desirable to collectors.
When it comes to the 1935-S penny, grade is especially important. A 1935-S penny in high grade will be worth more than a 1935-S penny in low grade, even though the two coins are of the same rarity. This is because a 1935-S penny in high grade is more desirable to collectors.
5. Mint mark
The 1935-S penny was minted in San Francisco, and it is the only Lincoln penny that was minted there that year. The "S" mint mark is located on the reverse of the coin, below the date. This mint mark is an important factor that contributes to the value of the 1935-S penny, as it indicates that the coin was minted at a different location than other Lincoln pennies from that year.
The San Francisco Mint was only in operation for a few months in 1935, and it produced a limited number of coins. This limited production run, combined with the fact that the 1935-S penny is the only Lincoln penny that was minted in San Francisco that year, makes it a rare and valuable coin.
The mint mark is an important factor to consider when determining the value of a coin. A coin with a rare mint mark will typically be worth more than a coin with a common mint mark. This is because rare mint marks indicate that the coin was minted in a limited quantity, which makes it more desirable to collectors.
In the case of the 1935-S penny, the "S" mint mark is a key factor that contributes to its value. This mint mark indicates that the coin was minted in San Francisco, which makes it a rare and valuable coin.
6. Collectibility
The collectibility of a coin is a major factor that contributes to its value. This is especially true for rare coins, such as the 1935-S penny. The 1935-S penny is a popular coin among collectors due to its rarity, historical significance, and condition. This popularity has driven up the value of the coin, making it one of the most valuable Lincoln pennies in circulation.
There are a number of reasons why the 1935-S penny is so popular among collectors. First, it is a rare coin. Only 1,846,000 were produced, making it one of the rarest Lincoln pennies in existence. Second, the 1935-S penny is historically significant. It was the last year that the San Francisco Mint produced Lincoln pennies. Third, the 1935-S penny is often found in good condition. This is because it was not heavily circulated, as it was not released into general circulation until 1936.
The collectibility of the 1935-S penny has a significant impact on its value. A 1935-S penny in good condition can be worth hundreds of dollars. This is a significant premium over the face value of the coin, which is only one cent. The collectibility of the 1935-S penny is a key factor that contributes to its value and makes it a popular coin among collectors.
FAQs on Penny 1935 S Value
Question 1: How much is a 1935-S penny worth?
The value of a 1935-S penny can vary depending on its condition and grade. A coin that is in good condition and has a high grade will be worth more than a coin that is in poor condition and has a low grade. However, even a 1935-S penny in poor condition is worth more than its face value due to its rarity.
Question 2: What factors affect the value of a 1935-S penny?
The value of a 1935-S penny is affected by a number of factors, including its rarity, historical significance, condition, grade, and collectibility. Rare coins, coins with historical significance, coins in good condition, coins with high grades, and coins that are popular among collectors are all worth more than coins that do not have these characteristics.
Question 3: How can I determine the grade of a 1935-S penny?
The grade of a 1935-S penny can be determined by submitting it to a professional coin grading service, such as the Numismatic Guaranty Corporation (NGC) or the Professional Coin Grading Service (PCGS). These services will examine the coin and assign it a grade based on its condition, strike, and luster.
Question 4: Where can I sell a 1935-S penny?
You can sell a 1935-S penny to a coin dealer, at a coin show, or online through an auction site or marketplace. It is important to research different options and compare prices to ensure that you get a fair price for your coin.
Question 5: What is the future value of a 1935-S penny?
The future value of a 1935-S penny is difficult to predict. However, rare coins, coins with historical significance, and coins in good condition tend to appreciate in value over time. Therefore, it is possible that the value of a 1935-S penny will continue to increase in the future.
Summary: The value of a 1935-S penny is affected by a number of factors, including its rarity, historical significance, condition, grade, and collectibility. Rare coins, coins with historical significance, coins in good condition, coins with high grades, and coins that are popular among collectors are all worth more than coins that do not have these characteristics. The future value of a 1935-S penny is difficult to predict, but it is possible that the value of this coin will continue to increase over time.
Transition: If you have a 1935-S penny, it is important to have it graded by a professional coin grading service to determine its exact value. This will help you to ensure that you get a fair price for your coin if you decide to sell it.
Conclusion
The 1935-S penny is a rare and valuable coin, with a rich history and a strong demand among collectors. Its value is determined by a number of factors, including its rarity, historical significance, condition, grade, and collectibility. Rare coins, coins with historical significance, coins in good condition, coins with high grades, and coins that are popular among collectors are all worth more than coins that do not have these characteristics.
The future value of a 1935-S penny is difficult to predict, but it is possible that the value of this coin will continue to increase over time. If you have a 1935-S penny, it is important to have it graded by a professional coin grading service to determine its exact value. This will help you to ensure that you get a fair price for your coin if you decide to sell it.
