Historical Events in November 1979 - On This Day

What's A 1979 Penny Worth? Uncovering Its Real Value Today

Historical Events in November 1979 - On This Day

By  Libby Kling

Have you ever found an old coin, maybe a penny from 1979, and wondered if it holds more than just a single cent's worth? It's almost like finding a little piece of history, isn't it? Lots of folks come across these older coins and get curious about their true worth, and that's a pretty natural thing to do.

The year 1979, in a way, was a period of big changes around the globe. For instance, that year saw the United States make a pretty big shift in its foreign policy, deciding to change its diplomatic ties, which was a significant move. It was also a time of other notable events, like that very first known instance of a human being killed by a robot, which happened in a factory in Michigan. So, while you hold a penny from that year, you're holding a tiny piece of a truly eventful time.

But does all that history translate into a higher monetary value for your 1979 penny? That's what we're going to explore together. We'll look at what typically makes a penny from this specific year valuable, what to look for, and how you might figure out if your coin is a keeper or just a regular piece of pocket change. You know, it's really about looking at the details.

Table of Contents

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The Standard 1979 Lincoln Cent: What You Usually Find

Most 1979 pennies you'll come across are, for the most part, just worth their face value. They were made in huge numbers, like millions and millions of them, so they aren't exactly hard to find. A penny that's been used and passed around, showing wear and tear, usually won't have any extra worth beyond its one cent. You know, it's pretty common for coins like these.

Composition and Basic Value

The 1979 Lincoln cent is made mostly of copper. To be more specific, it's 95% copper and 5% zinc. This composition was pretty standard for pennies for many, many years, right up until 1982. After that year, the U.S. Mint changed the penny's makeup to mostly zinc with a thin copper plating, because copper prices were getting too high. So, your 1979 penny does have a bit of copper in it, but the amount isn't usually enough to make it worth more than a cent based on its metal content alone, at least not for typical circulation pieces. It's just a little bit of metal, really.

Mint Marks: Where Was Your Penny Born?

To figure out where your 1979 penny was made, you'll need to look for a small letter, known as a mint mark, located just below the date. This little mark tells you which U.S. Mint facility produced the coin. There were three main places making pennies in 1979:

  • No Mint Mark (Philadelphia): If your penny has no letter below the date, it means it was made in Philadelphia. The Philadelphia Mint didn't use a "P" mint mark on cents until 1980. These are the most common 1979 pennies.
  • "D" (Denver): A "D" mint mark means the penny came from the Denver Mint. These are also quite common.
  • "S" (San Francisco): An "S" mint mark indicates the coin was made at the San Francisco Mint. Now, this is where things get a bit more interesting for 1979 pennies.

Understanding these marks is pretty important, as a matter of fact. You can discover more about mint marks and their impact on coin value on our site, which might give you a better idea.

Uncovering Potential Value: Rare 1979 Pennies

While most 1979 pennies aren't worth much, there are certain types that can fetch a good deal more than face value. These are usually coins made for collectors or those with some kind of manufacturing hiccup. So, it's really about finding something a bit out of the ordinary.

The 1979-S Proof Penny: A Collector's Favorite

The San Francisco Mint (the "S" mint mark) produced special coins called "proof" coins for collectors. These aren't meant for everyday use. Proof coins are made with a lot more care, using specially prepared dies and polished planchets (the blank coin discs). They have a very shiny, mirror-like background and frosted, detailed designs. A 1979-S proof penny, especially one in top condition, can be worth several dollars, and sometimes even more if it's graded very highly. They are quite beautiful, honestly, when you see them up close.

If you find a 1979-S penny with a brilliant, almost reflective surface and sharp details, you might have a proof coin. These are usually found in special mint sets, not in circulation. So, if you happen to come across one in your loose change, that's pretty rare, you know?

Error Pennies: When Mistakes Make Money

Sometimes, during the minting process, things don't go exactly as planned. These "mistakes" are called error coins, and they can be quite valuable to collectors. For a 1979 penny, there are a few types of errors that could make it worth significantly more than a cent. It's like finding a little treasure, in a way, if you know what to look for. Here are some of the more common ones:

Doubled Dies

A doubled die error happens when the coin's design is struck onto the die more than once, but slightly misaligned. This results in a doubled appearance of certain elements on the coin, like the letters, numbers, or Lincoln's profile. For the 1979 penny, collectors often look for a doubled die on the obverse (front) of the coin, particularly in the lettering or date. It's not always easy to spot, you know, but a good magnifying glass helps a lot.

While not as famous as some other years, a 1979 doubled die penny could still exist and be quite valuable. You'd need to look very closely at the date and the words "LIBERTY" and "IN GOD WE TRUST" for any clear doubling. If you think you see it, it's worth getting a second opinion from someone who knows coins. This is something that really takes a keen eye.

Off-Center Strikes

An off-center strike occurs when the coin blank isn't perfectly centered when it's struck by the dies. This results in a coin where part of the design is missing, and a blank crescent of metal appears on one side. The more off-center the strike, the more unique and potentially valuable the coin can be. However, if it's too far off-center, it might be hard to even tell what coin it is! A 10% to 20% off-center strike is often considered ideal for collectors. It's a pretty clear sign of something unusual, you know.

Broadstrikes

A broadstrike error happens when the collar die, which normally holds the coin blank in place during striking and forms the rim, isn't properly engaged. This allows the metal to spread out beyond the normal diameter of the coin, creating a wider, flatter coin with no rim. These can be pretty cool to find because they look so different from a regular penny. It's a clear sign of a minting error, and collectors often seek them out. So, if your 1979 penny seems a bit wider and flatter than usual, and lacks a proper rim, you might have a broadstrike. It's quite a distinctive look, really.

Die Caps and Cuds

These are other types of errors related to the dies or the minting process. A "die cap" occurs when a coin gets stuck to one of the dies and is repeatedly struck, eventually forming a cap-like shape. A "cud" is a raised lump of metal on the coin's surface, usually at the edge, caused by a piece of the die breaking off. Both of these are pretty unusual and can add worth to a 1979 penny if found. They are, in a way, little accidents that turn into something special.

Factors That Shape a Penny's Worth

Beyond being a proof coin or having an error, several other things play a big part in how much a 1979 penny might be worth. It's not just about the year, you know; it's about the whole package. These factors are pretty much true for any coin you might be wondering about.

Condition is Everything: Grading Your Penny

The physical condition of a coin is perhaps the most important factor in determining its worth. Coins are "graded" on a scale that describes their state of preservation. A coin that has never been used in circulation, showing no wear at all, is called "uncirculated" or "Mint State" (MS). These coins often have their original luster, which is that fresh, shiny look. A 1979 penny in uncirculated condition will always be worth more than one that's been in circulation, even if it's just a common Philadelphia mint mark. It's a pretty big deal for collectors.

For example, a 1979-P penny in average circulated condition is still worth just one cent. But an uncirculated 1979-P penny, especially one with a high grade like MS-65 or higher, could sell for a few dollars. The difference in worth can be quite significant, simply because of how well it's been kept. So, if your penny looks really, really nice, that's a good sign.

Professional coin grading services, like PCGS or NGC, examine coins very closely and assign them a specific grade. This grade gives buyers and sellers a clear idea of the coin's condition and helps establish its market worth. It's a bit like getting a report card for your coin, basically.

The worth of any collectible, including coins, is also influenced by what collectors want and how popular certain items are at a given time. If a particular coin becomes very sought after, its worth can go up. For the 1979 penny, general demand is pretty low for standard circulation pieces. However, if a new, previously unknown error variety were to be discovered, that could certainly create a lot of interest and drive up worth for that specific type. You know, it's all about what people are looking for.

Coin shows, online auctions, and specialized coin dealer websites can give you a good idea of current market prices. Looking at completed sales for similar coins is often more helpful than just seeing asking prices. This gives you a really practical sense of what things are actually selling for. It's pretty much how any market works, really.

How to Determine Your 1979 Penny's Value

So, you've looked at your 1979 penny, checked for mint marks, and maybe even squinted for errors. Now what? How do you really find out what it's worth? It's a pretty straightforward process, actually, once you know the steps.

Getting a Professional Opinion

For coins that you suspect might have significant worth, especially if you think it's a rare error or a high-grade proof, getting a professional opinion is a really good idea. Professional coin dealers or numismatists (coin experts) can properly identify mint marks, spot errors, and give you an accurate assessment of your coin's condition. They've seen a lot of coins, you know, so they have a good eye.

You can also consider sending your coin to a third-party grading service like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Company (NGC). These services will grade your coin and encapsulate it in a sealed holder, which authenticates its grade and protects it. This process costs money, so it's usually only worth it for coins that are likely to be worth at least $50 to $100 or more. It's a pretty official way to do things.

You can learn more about these services by visiting a reputable site like PCGS.com, which is a leading name in coin grading. It's a helpful resource, really.

Resources for Self-Evaluation

If you're just curious or have a common coin, there are plenty of resources for self-evaluation. Coin collecting guides and websites often have price charts for various coins in different conditions. Remember that these are often just guides, and actual selling prices can vary. Look for recent sales data on auction sites to get a more realistic idea of current market worth. It's a bit like doing your own research, you know?

When comparing your coin to pictures online or in books, pay close attention to the details. Look at the wear patterns, the sharpness of the lines, and the overall appearance. This will help you get a better sense of its condition. The more you practice, the better you'll get at it, basically. You can also learn more about coin collecting on our site for more tips and information.

A Glimpse Back at 1979: A Year of Change

While the worth of your 1979 penny mostly comes from its condition and any unique features, it's still pretty cool to think about what was happening in the world when that coin was first made. The year 1979 was a pivotal time, full of significant challenges and big changes, both in America and across the globe. It was a year that, you know, really left its mark.

For instance, on January 1, 1979, the United States officially ended its diplomatic relations with the Republic of China (Taiwan), making a significant shift in U.S. foreign policy by turning its view towards the People's Republic of China. This decision marked a pretty big moment in international relations. It was a very important change, really, for the world.

Beyond politics, 1979 saw some truly remarkable and sometimes shocking events. For example, on January 25, 1979, Robert Williams, an American factory worker at a Ford Motor Company plant in Michigan, became the first known human being to be killed by a robot. That was, you know, a pretty startling event that highlighted the growing role of automation. It really makes you think about the future, doesn't it?

The year also had its share of geopolitical tensions, particularly with the Cold War still very much a part of daily life. Economic shocks were also a big concern, impacting people's lives in various ways. So, when you hold a 1979 penny, you're holding a small piece of a year that was, in many respects, quite dynamic and eventful. It's a little bit of history in your hand, actually.

Frequently Asked Questions (FAQs)

Is a 1979 penny rare?

Most 1979 pennies are not rare at all. Millions were made at the Philadelphia and Denver mints for general use. These common coins are typically worth only their face value, which is one cent. So, you know, finding one isn't a big deal on its own.

What makes a 1979 penny valuable?

A 1979 penny becomes valuable if it's either a special collector's coin or has a rare error. The most commonly valuable type is the 1979-S proof penny, which was made for collectors and has a very shiny, mirror-like finish. Error coins, like those with doubled dies or off-center strikes, can also be worth a lot more than a regular penny. Its condition, like being uncirculated, also plays a huge part. It's really about those little differences, you know?

How much copper is in a 1979 penny?

A 1979 penny is made of 95% copper and 5% zinc. This composition was standard for U.S. cents until 1982. While it does contain copper, the amount isn't typically enough to make the coin worth more than its face value based on metal content alone, especially for common circulated pieces. So, it's just a little bit of copper, basically.

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So, as you can see, the worth of a 1979 penny really depends on a few key things. While most of them are just worth a single cent, keeping an eye out for those special proof coins or unique errors could turn a simple piece of pocket change into something with a bit more monetary interest. It's pretty cool to think about, isn't it? Happy hunting, and you know, enjoy the search!

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