How valuable can a 1991 penny really be?
Are 1991 pennies worth money, and are they worth searching for?
The short answer is yes — but only under very specific conditions. While most 1991 pennies are extremely common, a small number of high-grade coins and rare errors have sold for thousands of dollars .
Let’s break it all down step by step so you know exactly what to look for
1991 Penny Overview
In 1991, Lincoln pennies were struck at three U.S. mints:
Philadelphia Mint (no mintmark)
Denver Mint (D mintmark)
San Francisco Mint (collector proofs only – not covered here)
This article focuses only on business-strike pennies made for circulation.
Coin Specifications
Composition: Copper-plated zinc
Weight: 2.5 grams
Weight is critical when identifying wrong planchet errors
1991 Philadelphia Penny (No Mintmark)
Mintage: Over 5.1 billion coins
Typical Value: Face value to a few dollars in low Mint State
At first glance, nothing special — but condition is everything .
High-Grade Rarity
- Until 2020, only one coin was graded MS68+
- Recently, PCGS graded a single example MS69
Estimated Value
PCGS estimate: $11,000
Held in a private collection
Never publicly sold
For a modern penny, this valuation is extraordinary .
1991-D Penny (Denver Mint)
Mintage: Over 4.1 billion coins
Mintmark: D
Like the Philadelphia issue, most examples are common — until you reach elite grades.
Record Sale
Grade: MS69
Sold for: $11,400
Auction: Heritage Auctions
Yes — a single 1991-D penny sold for more than $11,000 .
Where to Find High-Grade 1991 Pennies
To have any chance of finding an MS68 or MS69 coin:
Search 1991 Uncirculated Mint Sets
These sets include Philadelphia and Denver coins
Sets are still inexpensive and widely available
Finding one in pocket change is extremely unlikely, but mint sets are your best bet.
Valuable 1991 Penny Errors
This is where things get really exciting
Double Denomination Error (Most Valuable)
One of the rarest and most valuable 1991 penny errors known.
Error Type: Penny struck on a 10-cent planchet
Incorrect weight reveals the mistake
Sold for: $2,222
Auction: Heritage Auctions
Many error coins have been discovered in circulation, so always check your change .
Are 1991 Pennies Worth Looking For?
Yes — but be realistic.
Worth searching if:
- You check uncirculated mint sets
- You understand grading standards
- You look for errors and wrong planchets
Not worth hoarding average circulated examples
Final Thoughts
Most 1991 pennies are worth one cent — but the right penny, in the right condition, or with the right error, can be worth thousands of dollars .
Coins like these prove that modern pennies should never be ignored.
So check your sets, weigh suspicious coins, and always look twice .
