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1971 Penny Value

1971

A worn 1971 penny is worth about 4¢ for its copper. In everyday use it still spends as one cent, since melting cents isn't allowed.

Uncirculated ones bring 5–25¢, and a certified MS65 brings $10–25.

An ordinary one is worth a few cents at most. Check the date and mint mark closely for the varieties below before spending it.

Value by mint mark

What each 1971 penny is worth
CoinMadeWornUncirculatedMS65
1971-D2,911,045,6004¢5–25¢$10–25
1971 (no mint mark)1,919,490,0004¢5–25¢$10–25
1971-S525,133,4594¢5–25¢$10–20

Worn means a coin with normal wear from circulation. Uncirculated means no wear at all (MS60 to MS63). MS65 is a certified, near-flawless coin. Cent values in MS65 are for coins with full original red color. Prices tied to silver update with the live silver price.

Find the mint mark

Front of the coin, just below the date. Philadelphia cents have no letter, and neither do the 1964 cents struck in San Francisco or the cents struck at West Point from 1974.

What it's made of

  • Brass (95% copper, 5% zinc), 3.11 grams, about 4¢ of copper

Melting cents and nickels is not allowed under U.S. Mint rules, so copper and nickel value is a guide only.

Varieties and errors to check

  • 1971 doubled die obverse

    Look for: Doubling on LIBERTY and IN GOD WE TRUST.

    A recognized doubled die with a premium.

    Typical value: $75–175

    Source

Mintage

How many were made
CoinTypeMintage
1971-DFor circulation2,911,045,600
1971 (no mint mark)For circulation1,919,490,000
1971-SFor circulation525,133,459
1971-SProof (collector)3,220,733

Questions

Is a 1971 penny silver?

No. 1971 pennies are made of brass (95% copper, 5% zinc).

Which 1971 penny is worth the most?

Among regular coins, the 1971-D is worth the most, about $10–25 in MS65. The 1971 doubled die obverse is the one to look for: typical examples sell for $75–175.

Where is the mint mark on a 1971 penny?

Front of the coin, just below the date. Philadelphia cents have no letter, and neither do the 1964 cents struck in San Francisco or the cents struck at West Point from 1974.

Check real sales

Recent sold listings show what coins in your condition actually bring: see sold 1971 pennies on eBay.

Other coins from 1971: 1971 half dollar, 1971 dollar.

More Lincoln cents: all years and mintages.

Values checked October 7, 2026 against several public price guides and auction results. How values work.