Introduction
Lincoln pennies minted in 1993 can be a fun addition to any coin collection. While most 1993 pennies are only worth face value, some unique specimens can be quite valuable to collectors. In this guide, we’ll explore the history and features of 1993 pennies, provide value estimates for coins based on mintage, condition and errors, and give tips for identifying rare finds.
A Brief History of the 1993 Lincoln Penny
The Lincoln penny was first minted in 1909 to commemorate the 100th anniversary of Abraham Lincoln’s birth. The 1993 penny features the iconic Lincoln profile designed by Victor David Brenner on the obverse. The reverse depicts the Lincoln Memorial, a design created in 1959 by Frank Gasparro.
1993 pennies were minted in huge numbers at the Philadelphia, Denver and San Francisco Mints. The Philadelphia coins lack a mint mark, while the Denver and San Francisco issues carry a small “D” or “S” mark under the date.
Value by Mint Mark and Condition
No Mint Mark (Philadelphia)
With a mintage over 5.6 billion, Philadelphia 1993 pennies are very common. Uncirculated coins in MS65 condition can sell for around $8, while MS66 examples bring $15 to $20. The finest known coins graded MS69 can fetch $4,750.
D Mint Mark (Denver)
The Denver Mint produced over 6.4 billion 1993-D pennies. In MS65 condition they sell for around $10. MS68 coins are valued around $80, while the top MS69 coins trade for approximately $2,500.
S Mint Mark (San Francisco)
The San Francisco proofs had a relatively low mintage of 3.3 million coins. However, most examples still only sell for $2 to $5. Perfect PR70 specimens can reach $90 in value.
Notable 1993 Penny Errors
Some of the rarest and most valuable 1993 pennies contain mint errors:
- A 1993-D mule featuring a Roosevelt dime reverse sold for over $51,000
- Off-center and double struck errors can be worth $25 to $100
- 1993 BIE pennies with die cracks between “B” and “E” sell for $3 to $10
Finding Valuable 1993 Pennies
Checking your pocket change or searching through old collections may turn up a valuable 1993 penny. Buying uncertified coins from reputable dealers is another option. For the rarest specimens, expect to pay significant premiums at auction.
With a little knowledge and some searching, you may uncover a 1993 penny worth far more than face value. Good luck and happy collecting!
