Not every valuable coin has to be an error or a rare variety. Sometimes, even a normal penny can sell for thousands — if it’s preserved in exceptional condition. One example is the 1960-D Small Date Lincoln Cent, which sold for $3,500 in 2023.
Small Date vs. Large Date: What’s the Difference?
In 1960, the Denver Mint struck two different styles of Lincoln cents:
- Large Date: The “0” in 1960 appears bigger, and the “9” sits higher.
- Small Date: The “0” is smaller and slimmer, and the “9” is slightly lower.
👉 While neither version is particularly rare, collectors often seek out the Small Date variety because it’s slightly more challenging to identify and has stronger demand among specialists.
Why Was This 1960-D Penny Worth $3,500?
The coin that sold wasn’t valuable because of an error or special variety — but because of its condition.
- Grade: Mint State (MS) 67+
- Color: Full Red (RD) designation
- Rarity in Grade: Only a handful of 1960-D Small Date cents exist in such pristine condition.
Professional grading companies like PCGS and NGC assign these grades, and the higher the grade, the higher the value.
Can You Still Find One?
While you won’t likely pull a Mint State 67+ coin from pocket change, there are still opportunities:
- Uncirculated Rolls: Collectors often sell original 1960-D Small Date rolls on eBay or coin shows.
- Coin Shops & Shows: Dealers may carry sets or singles in unsearched condition.
- Grading Submissions: If you believe your coin is exceptionally well-preserved, consider submitting it for certification.
💡 Pro Tip: Learning to spot differences in grade (MS65 vs MS67) is key to making smart buys and submissions.
Value Breakdown for 1960-D Small Date Cents
- Average Circulated Condition: 1¢ – 25¢
- Uncirculated (MS63 Red): $10–$20
- High Grade (MS67 Red): $1,500–$2,500
- MS67+ Red: $3,500+
Final Thoughts
The 1960-D Small Date Lincoln Cent proves that not all valuable coins are rare errors — some are simply beautifully preserved examples. If you’re searching rolls or browsing dealer inventories, keep an eye out for the Small Date variety. With the right grade, even a normal penny can turn into a multi-thousand-dollar find.
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