Among collectible coins, the 2009 Lincoln Bicentennial Penny stands out for its increasing market value, with some coins fetching up to $3,500 at auctions. This unique coin series was released by the U.S. Mint to honor Abraham Lincoln’s 200th birth anniversary and the centennial of the first 1-cent coin featuring his likeness.
Each penny highlights significant phases in Lincoln’s life, drawing substantial interest among collectors due to its historical significance and unique designs.
The 2009 Lincoln Bicentennial Penny Series
The 2009 penny series includes four distinctive designs, each representing a pivotal stage in Lincoln’s life:
- Birth and Childhood in Kentucky (1809-1816): This coin depicts young Lincoln’s early years in Kentucky.
- Formative Years in Indiana (1816-1830): This design shows Lincoln as a young man working in the rail industry, symbolizing his commitment to education and hard work.
- Professional Life in Illinois (1830-1861): Here, Lincoln is portrayed as a rising professional in Illinois, honing his skills that would eventually lead to his presidency.
- Presidency in Washington, DC (1861-1865): This final design shows Lincoln as President, emphasizing his role as a national leader.
After this series, the design returned to the classic penny look, enhancing the collectible value of these unique 2009 coins.
What Makes the Formative Years Penny So Valuable?
The “Formative Years” penny, depicting Lincoln’s time in Indiana, is particularly sought after by collectors. In pristine condition, such as the MS-68 grade, this coin can fetch thousands at auction due to its rarity and fine details.
Grading and Values for the 2009 Formative Years Penny
Coin grading plays a vital role in determining its market value. Here’s an approximate breakdown of what collectors may pay, based on the coin’s grade:
| Grade | Estimated Value (USD) |
|---|---|
| MS-63 | Up to $5 |
| MS-64 | Up to $7 |
| MS-65 | Up to $10 |
| MS-66 | Up to $16 |
| MS-67 | Up to $140 |
| MS-68 | Up to $3,500 |
These values are estimates and may fluctuate based on auction trends and collector demand.
The 2009 Lincoln Bicentennial Penny series remains a noteworthy collector’s item, with some pieces reaching high prices due to their historical value and unique designs. Checking your collection for a well-preserved 2009 penny, especially the “Formative Years” version, could reveal a valuable find.
FAQs
What makes the 2009 penny valuable?
Its limited release and unique designs commemorating Abraham Lincoln’s life make the 2009 penny highly collectible.
Which design of the 2009 penny is worth the most?
The “Formative Years” design, depicting Lincoln working in Indiana, is the most valuable, especially in higher grades.
What is the highest price a 2009 penny has sold for?
A high-grade MS-68 “Formative Years” penny has reached prices up to $3,500 at auction.
Where can I sell my 2009 Lincoln Bicentennial penny?
You can sell these coins at reputable coin auctions, online auction sites, or through coin dealers specializing in collectibles.
How can I determine my 2009 penny’s grade?
Professional coin grading services, like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC), can assess and grade your coin for an accurate valuation.