The 1941 Lincoln Cent, also known as the Lincoln penny, is a staple among U.S. coin collectors. With a rich history and distinct design, this coin offers both beginners and seasoned numismatists an opportunity to own a piece of American history. This guide explores its historical context, design, composition, error coins, and how to identify valuable specimens.
Historical Context
The Lincoln Cent was first introduced in 1909, marking the centennial of Abraham Lincoln’s birth. By 1941, the coin had already become a symbol of American resilience. The early 1940s were marked by the United States’ involvement in World War II, leading to economic changes and shifts in coin production. The 1941 Lincoln penny is particularly significant because it was among the last coins produced before the U.S. Mint temporarily changed its composition due to wartime metal shortages.
1941 Lincoln Penny Value Chart
The value of a 1941 Lincoln Penny varies significantly based on its condition. Here is a breakdown of values:
| Condition | Estimated Value Range |
|---|---|
| Good | $0.20 – $0.50 |
| Fine | $0.50 – $1.00 |
| Extra Fine (XF45) | $1.50 – $2.50 |
| About Uncirculated (AU) | $3.00 – $4.50 |
| Brilliant Uncirculated (BU) | $5.00 – $7.50 |
| MS66 | $50.00 – $75.00 |
1941 Lincoln Penny Obverse and Reverse Design
The obverse of the 1941 Lincoln penny features a portrait of Abraham Lincoln, designed by Victor David Brenner. The reverse side showcases two wheat stalks, a design that was used until 1958. The coin does not have a reeded edge; instead, it has a smooth edge, typical of all Lincoln cents.
1941 Lincoln Penny Composition and Physical Features
The 1941 Lincoln penny is composed of 95% copper and 5% tin and zinc, giving it a distinct reddish-brown color when well-preserved. It has a diameter of 19.05 mm and weighs 3.11 grams. The absence of a reeded edge sets it apart from other denominations.
Rare Issues and Error Coins
Some 1941 Lincoln pennies are highly sought after due to their errors or minting peculiarities. These rare coins can be worth significantly more than their face value. Collectors often look for coins with die breaks, double die errors, or off-center strikes.
Special Releases and Proof Coins
While there were no special mint sets released in 1941, collectors can find proof coins from that year, which are struck with a higher quality finish. These coins are typically valued higher than regular circulation pieces.
How to Identify a Valuable 1941 Lincoln Penny
- Look for errors: Double die, off-center strikes, and die breaks can increase value.
- Check the condition: Higher-grade coins are more valuable.
- Proof coins: These have a sharper appearance and are more valuable.
10 Rare and Valuable 1941 Pennies in Circulation
1941 Double Die Obverse
This error coin features a noticeable doubling of the date and the word ‘LIBERTY’ on the obverse. It is a favorite among error collectors due to its distinct appearance and rarity.
ConditionEstimated ValueGood$50 – $75Fine$80 – $120Extra Fine (XF45)$150 – $250About Uncirculated (AU)$300 – $450Brilliant Uncirculated (BU)$500 – $750MS66$1,000 – $1,500