The Value of the 1970s Penny
If you are interested in collecting pennies, the value of the 1970 s penny is approximately 5 dollars. You can also find many errors in the 1970s d penny, such as strikes that are 80% off center and a spike error on Lincoln’s head. Other errors in the 1970 s penny include a lack of FGs and partial clips. In this article, we will talk about some of these common errors and what they mean for your collection.
Floating roof error occurs when the die is over-polished, also known as a struck through grease error. It can occur on any date of the Lincoln Cent, including the 1970-S. This type of coin has a tiny green copper corrosion mark on the base of Lincoln’s clothes. This error also makes the roof look unattached to the third tier. The floating roof is also accompanied by missing border lines, which are indicative of the coin’s overall condition.
Coin collectors can purchase sets of these coins at a coin dealer’s old mint for a price of between $5 and $10. This type of coin was struck in the late 1960s and early 1970s. This type of coin is among the most affordable available on the market, with many of them being sold for less than $5. You might have to pay a few bucks for them, but if you want to find one, this is the perfect time to do so.
There are many ways to identify the floating roof pennies. One way is by examining the reverse side of a coin. The floating roof penny will feature two parallel lines connecting the roof. It also has a decorative rectangular roof. Floating roof pennies will not have the standard “FG” on the reverse. These coins are worth checking out. The value of a 1970 s penny will be at least a dollar or two above the face value.
A 1970 S proof penny with the small date is worth about $40 in uncirculated condition. The same coin in a larger date will bring you $1 in PR65 condition. An S proof penny has a very rare error variety called a doubled die error. This coin has two designs that were mistakenly doubled on the die during the manufacturing process. This type of error is not as common in the 1970s, but still has an excellent value in the market.
The obverse of the 1969-S Lincoln cent is designed by Victor David Brenner. His initials appear under the bust of Abraham Lincoln. This bust dominates the front side of the coin. The right-facing profile of Lincoln shows the 16th president at the height of the Civil War. As we know, Lincoln was assassinated by John Wilkes Booth in 1865. You can also find floating roof pennies in the 1970s.
