1964 penny with no l in liberty 1964 penny with no l in liberty

It is the longest series of valuable nickels and one of the longest of any coinage in the United States of America. You can also come across a 1964 penny without an L in liberty. No premium. This factor covers the rate at which collectors snap up the coin. Jefferson's hair is smooth with no fine strands of hair visible. Web1964 Lincoln Memorial Cent Copper Alloy Penny Mintage: 2,652,525,762 Minted at: Philadelphia (No Mint Mark) Designer - Engraver: Frank Gasparro Metal Composition: 95% Copper - 5% Tin and Zinc Diameter: 19 mm Mass / Weight: 3.11 grams What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. WebCirculated 1964 pennies with no errors or special varieties are worth approximately 2 to 3 cents. WebThe 1964 FS MS67 has continued the downward trend of previous years with two pieces auctioning in 2021 for $5,040 and $4,230 ().In 2021 a 1964 Jefferson Nickel SMS SP68 almost matched the record value of the 1964 Nickel SMS FS SP68 when it sold for $31,200. Large areas of flatness are seen on facial features. An SMS penny has a smooth finish as opposed to the mirrorlike finish of a proof coin. Major and minor differences in the amount of wear are identified and compared to images representing grades. High Sometimes, the place you choose to make a sale or purchase can determine if you will get a good deal or not. 1922 Peace Dollar. This error isnt that rare but can significantly increase a 1964 penny value. Extremely Fine: Trace amounts of wear lightly scattered on high areas describes a nickel in Extremely Fine grade. A coins patina basically means its colouration, and it plays a huge role in its physical appeal and, ultimately, its value. However, none of Discover how much your box of old coins is worth. Huge numbers were minted, from these it is the top condition examples today's collectors pursue. In Philadelphia, Proof Jefferson Nickels were also coined, except in the period from 1965 to 1967, and SMS (Special Mint Set). Really Cool Find Though! The 1964 penny carries the same features as other Lincoln Memorial coins on both the obverse and reverse. The mints that have produced the Jefferson Nickels all these years are Philadelphia, Denver and San Francisco. Affordability to new and young, and challenges to advanced collectors are found within the vintage era Jefferson nickel. Virtually all of these pennies went into circulation and 1964 Lincoln Penny, No Mint Mark, L In Liberty On Rim $$$ Sponsored $35.00 + $4.99 shipping 1964 Lincoln Memorial Penny. The rim of a 1964 SMS penny has a rim with a more square profile than that of a 1964 Proof penny. Most people prefer this for low-value coins since they can easily get paid in cash. The 1964-nickel value is 5 cents in good condition. See the sections on mintmarks and varieties. 1972 S Proof DDO-001 1955 Penny. 1964 Penny Value Coleccionistasdemonedas.com Estimated Value of 1964 Penny is: Source: NGC Want to know if your coin have a valuable patina? One major factor to discovering a premium nickel is the condition of the coin. The US Mint struck these series from 1909 until 1959, when the coins reverse took on a new design depicting the Lincoln Memorial. Interestingly, some are still found in circulation today. Click here to Learn How to use Coin Price Charts. In the 1970s and 80s, the West Point Mint struck pennies and quarters to help supplement production from the Philadelphia Mint. In the image, you can see the different variants and forms of the mint brand through the years. All Rights Reserved. For the 1964 penny error, you can see three Lincoln profiles on the coins obverse! 1776 to 1976 Half Dollar Value and Price Chart, 1964 Penny No Mint Mark (Off-center error). Uncirculated: Although more intricate categories are under this grade, it generally means the coin has never been spent. Also, five of the top ten lowest mintage nickels of the series were struck at San Francisco. Using "first year of issue" pieces, a 1938 Jefferson is chosen to display the design. Two mints produced a huge 2.8 Billion nickels dated 1964. Sold by artbc55 in Los Angeles 1964 D Lincoln Penny Rare L Liberty On Edge Error In God We Trust Edge Err As mentioned above, 1964-D Jefferson Nickel has the record for the highest number of coined quantities of any year with 1,787,297,160 pieces. These coins show up once in a blue moon in circulation and are easily spotted due to their silver color. Also, starting late in 1962, the tin was quietly removed from 1 Here We Go Again. Coleccionistasdemonedas.com is an independent website. - UNGRADED, 1864 with L Indian Cent Grades Good ( 716 ), 1864 "L" Pointed Bust Indian Head Penny VF Details #0225. It weighs 3.11g. The Jefferson Nickel began its coinage in 1938, replacing the Buffalo Nickel, and has remained to this day. In fact, until 1993, when the private collection of Lester Merkin in Stacks appeared at public auction containing several specimens in this quality, its existence was completely unknown. Video, Images and Descriptions | Grading Jefferson Nickels. With a mintage of over 2 billion, coins from the Philadelphia mint carry no mint marks and are very common too. However, at present, its prices do not reach those amounts. One major factor to discovering a premium nickel is the condition of the coin. A few subtle points when recognized help determine how much these vintage Jefferson nickels are worth. $0.39. It is extremely rare to encounter one, and collectors highly value them. Web1964 Penny No L in Liberty Error Sold $19.95 Some 1964 pennies were struck in a way that engraved the word LIBERTY too close to the coins rim. You can also come across a 1964 penny without an L in liberty. In 2008 an MS60 reached a price of $1,610. This decision made the mints produce coins without any mint mark, regardless of the facility minted them. Attached Files: CM160126-19231804.jpg File size: 213.2 KB Views: 501 CM160126-19361908.jpg File size: 218.3 KB Views: 271 Christina Gaffney, Jan 26, 2016 #1 + Quote Reply Guest User Guest Log in or Sign up to hide this ad. Make Offer: Lincoln Cent Doubled Dies And RPMS. This resulted in the L blending into the coins outer rim, creating a sort of absence of the letter in the word. It appears to be the result of a partially grease-filled die. UNITED STATES OF AMERICA struck along the top of the coin. Numismatists estimate that only about 30 of these coins remain today, making them extremely rare and a very worthy find. 1922-D Lincoln Wheat Cent Penny: No D Mint Mark. The error makes it more valuable because of its rareness, and it goes for roughly 30 cents if you find a suitable buyer. Coins are identified by images and listed by type. There is one last special quality for the Jefferson Nickels known as Full Steps which is a high conservation variant evident on the stairs of the Monticello building on the back. Good: The coin shows signs of heavy damage and wear. Both varieties are collected separately and important to correctly identify. Although PCGS has graduated a 1964 Jefferson Nickel SMS on MS68 this copy has never been seen on public sale. This error occurred when the Denver Mint struck a 1964 D penny on a penny from the previous year (1963). Just keep reading! The tall collar is visibly worn flat in areas and the line separating the shoulder is missing across the center area. Also, click here to Learn About Grading Coins. 1) 1964 Penny With No Mint Mark Type: Lincoln Penny Year: 1964 Face Value: $0.01 Composition: 95% copper, 5% zinc Total Weight: 3.11 grams (or over) Diameter: 0.750 in. The reasons why this type of 1964 Jefferson Nickel was coined are unknown. WebFind many great new & used options and get the best deals for 1964 lincoln penny no mint mark L in Liberty close/ touching rim at the best online prices at eBay! At the Philadelphia Mint, 1,028,622,762 pieces were minted, of which 1,024,672,000 were for circulation and 3,950,762 were produced in Proof quality. The 1922 Lincoln Wheat Cents were minted at the Denver Mint using a "D" lettered coin die. cpm9ball, Nov 26, 2017. Value charts, along-side grading images and using a step-by-step process; identify the potential of your coin. Grading judges surface quality of coins. 14. Special qualities are also judged. One major factor to discovering a premium nickel is the condition of the coin. WebThe 1964 penny with no mint mark and the 1964 D penny are each worth around $0.15 in uncirculated condition with an MS-63RB grade. cpm9ball, Nov 26, 2017. The space between the rim and right side of Monticello is empty on Philadelphia mint variety nickels of 1964. However, when the die used to 2022 Coleccionistasdemonedas.com | Valuable Coin Collecting & Numismatic Magazine. Production of this coin started with a serious scarcity of silver coins due to hoarding. In the areas of his mouth and chin the raised areas are beginning to flatten and show smoothness. A better explanation is that higher demand for the coin reduces its availability while increasing its rarity simultaneously. Follow the steps to identify date and mint combination and then the state of preservation of your coin. U.S. Mint. An example of each design of nickels is formed into a set representing nickel coinage from its beginnings to current. New To These. RB is less common and therefore more valuable than the former. Since 2004 the price of the 1964 Jefferson Nickel Proof has a downward trend with auctions of $180 in 2007 and between $156 and $470 in 2017. It's not worn off. Copyright 2007-2023 Daniel A. HarrisAll Rights Reserved, https://nnp.wustl.edu/library/book/514149, https://nnp.wustl.edu/library/book/514150. #4 + Should you decide to sell use the worksheet as an invoice and packing slip when sending coins through the mail to dealers. A profile of the Lincoln Memorial at the coins center. Nice color $0.99 + $1.08 shipping 1964 Penny NO MINT MARK $79.99 Free shipping Hover to zoom Have one to sell? So I found this 1964 penny. A study of the nickel coinage of the time discovers many themes suitable to building a worthy collection. The U.S. was experiencing a coin shortage at the time; increased numbers of minor coinage were needed. Free shipping for many products! 1964 Penny No L in Liberty Error Sold $19.95. We also note that almost a third of the total run of the 1964 Philadelphia Jefferson Nickels (683,700 units) were minted in 1965 but dated the previous year. 1922-D Lincoln Wheat Cent Penny: No D Mint Mark. Susan B Weird Mint Marks And Oddly Coloured Ones? It's not worn off. furryfrog02 Well-Known A set of "silver nickels" is a historic and valuable collection on its own. $0.05. Top grade examples are the coins worth a premium over face value. High 2002 Error Penny Possibly? With 1964 nickels both varieties are similar in value, however both are needed to complete a collection. These early date Jefferson nickels are becoming valuable. Last year a 1964-D Jefferson Nickel MS67 barely exceeded $504. Minor wear has reduced the contours of the collar with a separation just visible to the shoulder and coat. IN GOD WE TRUST engraved along the coins top. Despite more than one billion being minted in Philadelphia, it is very difficult to get a copy FS (Full Steps), being very valuable and sought after.Thus, in MS67 quality, the valuation record of $14,100 was reached in 2014.Other specimens in MS67 condition have moved in a range from $8,519 to $9,400. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. 1964 Lincoln Penny, No Mint Mark, L In Liberty On Rim $$$ Sponsored $35.00 + $4.99 shipping 1964 Lincoln Memorial Penny. For Sale: 1800 B-13 BB-193 Draped Bust Dollar! They were made this way due to the preservation of copper for ammunition in WWII. How do i know if my 1964 nickel is worth anything? Grade determines 1964 nickel value. Lacking fine detail identifies the coin as below the Extremely Fine grade. WebFind many great new & used options and get the best deals for 1964 lincoln penny no mint mark L in Liberty close/ touching rim at the best online prices at eBay! List your Jefferson nickels and record their values. WebThe 1964 FS MS67 has continued the downward trend of previous years with two pieces auctioning in 2021 for $5,040 and $4,230 ().In 2021 a 1964 Jefferson Nickel SMS SP68 almost matched the record value of the 1964 Nickel SMS FS SP68 when it sold for $31,200. Really Cool Find Though! The state of preservation is satisfactory. The markings include features of the previous coin showing underneath the 1964 D penny features. Shop with confidence eBay Money Back Guarantee Get the item you ordered or $0.39. The value is around $1 in uncirculated condition with a grade of MS-65RD. Numismatic collector with a passion for history, particularly Spanish history. ): 1922-D Lincoln Wheat Cent Penny: No D Mint Mark. Although from 1968, the Proof Jefferson Nickel was minted at the San Francisco Mint. Attached Files: CM160126-19231804.jpg File size: 213.2 KB Views: 501 CM160126-19361908.jpg File size: 218.3 KB Views: 271 Christina Gaffney, Jan 26, 2016 #1 + Quote Reply Guest User Guest Log in or Sign up to hide this ad. However, when it comes to the 1964 SMS Pennies, the case is very different. The practice started because of a significant shortage in circulating 1964 pennies, we explain it better under the 1964 SMS penny. The error makes it more valuable because of its rareness, and it goes for roughly 30 cents if you find a suitable buyer. This error isnt that rare but can significantly increase a 1964 penny value. Above is embossed E PLURIBUS UNUM // FIVE CENTS and UNITED STATES OF AMERICA.The mint appears to the right of the building but was changed during the years of World War II.As to its composition, originally the Jefferson Nickel was the same as the 1866 denomination, i.e. So I found this 1964 penny. WebCheck out our 1961 penny no l in liberty selection for the very best in unique or custom, handmade pieces from our shops. No premium. Any value? In other words, the revaluation experienced by this piece in just 7 years was 280%.In quality SP67+ only 1 piece was registered and was auctioned at $22,800 last year. Therefore it is very important to look at the best specimens to invest. Related: 1964 Nickel Value Full Guide 1964 D Penny in God We Trust Error Is it wise to put aside this 1964 penny? Finally, the 1964 penny does not have a teethed rim, it has a smooth one. Luster is complete on coins without wear. Fine: The coin still shows serious wear and scratches but is less intense than one in good condition. Lamination Error? Some collectors specialize in just one mint, in the Jefferson series, the San Francisco mint is popular. Index - Women Of Rome Coinage (List Project), Loupe. furryfrog02 Well-Known However, it is always good to grade your coin before listing it to increase its value, especially if it has an excellent grade. Your email address will not be published. It depicts the bust of the third president of the United States (1801-1809), Thomas Jefferson, the third President, whose image appeared on a coin after Lincoln (penny) and Washington (quarter).This design was used from 1938 to 2003. (other devices will flow in a different directions, depending on the direction of the rim). Like the ones from the Denver Mint, they also have abysmal value even in uncirculated states. The rim displays the highest level of detail dispararity between an SMS penny and its counterparts. The error makes it more valuable because of its rareness, and it goes for roughly 30 cents if you find a suitable buyer. Collections of vintage Jefferson nickels are formed by date plus mint variety. Picture Postings! Bookmark page to phone - Mobile Guide. When examining it under a single light source, you can detect moderate discolouration on the coin. In this article, we will precisely study the value of the Jefferson Nickels of the year 1964. Die wear flows towards the closest rim. With only 3,950,762 1964 Jefferson Nickel Proof units minted in Philadelphia, this coin was much scarcer than the regular circulation run.The record auction price was set in 2004 for a PR70 graded copy (of which PCGS only has 7 units) which reached $949. 1922 Peace Dollar. WebThe 1964 Jefferson Nickel coin is one of the coin series designed by Felix Osca r in 1938. The 1964 SMS Penny is very rare and has the highest value of the series. The L in liberty literally looks like its leaning against wall pointing into planchette and the head is missing a big chunk of hair right below the word "we". From 2004 onwards, both the front and the back design were modified.On the obverse side, the bust of the President appears facing the left and in a clockwise direction starting at 7 the legend IN GOD WE TRUST // LIBERTY * 1964.On the reverse side, the front of the historic Jeffersonian House with the name Monticello appears. It's not worn off. No Mint Mark. However, dont forget that coins with the right errors can also bring in surprising values. 1964 Penny Value Guide At least half the pennies that have the 1964 mint date were coined in 1965. As you can see, the 1964 Lincoln penny was struck by the billions upon billions. These coins show up once in a blue moon in circulation and are easily spotted due to their silver color. Many variations in themes and how to collect the series are available to all collectors. https://nnp.wustl.edu/library/book/348/, Date by DateIn Depth Jefferson Nickel Values1938 to 1964, Jefferson Nickel Values | Discover Their Worth. Beware Of Coinsnap App Coin Grading Feature, Around The World With Coins - A Coin Geography Game. Free shipping for many products! Coins: US; Small Cents; Lincoln Memorial (1959-2008) The coin is in the condition as minted, with all original detail visible, and importantly the texture of luster covers the surface. Web1964 D Lincoln Penny Rare L Liberty On Edge Error - $1499.00 1964 D Lincoln Penny Rare L Liberty On Edge Error The Obverse Or Heads Side Was Designed By Victor David Brenner. 1935 Peace Dollar. This is why coins with high mintage generally have low values. It is very difficult to find a PR70. ): It is important to note that Currency Convertersare also good ways to get a 1964 Lincoln penny since they are still in circulation. They may be copied and reproduced without restriction as long as, Whats a 1964 Nickel Worth? It indicates you have done your coin values homework. Even though it has a complex form, we have simplified it to four broad categories. In order to know if you have this variant in your hands, it is faster and safer to pay special attention to the coining of the letters in the legends on the back and on the windows of the building.This variant is so scarce that in fact, PCGS has only 11 copies registered: 2 in PR8 graduation, 8 in PR67 graduation and 1 in PR65 quality.Due to this scarcity of pieces, it is very difficult to establish price levels or to be able to know the price trend of the last few years, as they do not appear on public sales too often. A collection of just 1942 dated nickels includes: Interestingly, Philadelphia is the only mint striking, in the same year, both a Copper Nickel and Silver variety. Coin collectors value it a lot because it shows excellent preservation. (Up to $32,900!) This resulted in the L blending into the coins outer rim, creating a sort of absence of the letter in the word. 2002 Error Penny Possibly? Just look on the back and to the right of the Monticello building for a D (for Denver) or no mint mark (for Philadelphia). BUY ANY 10 UNGRADED LISTINGS AND RECEIVE A 10% DISCOUNT ! Click here to Learn How to use Coin Price Charts, Click here to see the Melt Value of every US Coin, 1964 Lincoln Memorial Cent NGC PF 69 RD - WITH FREE GOLD, 1964p Lincoln Memorial cent Masonic counter stamped NICE, 1964-P High Grade Proof Smooth Luster Lincoln Memorial Cent, 1964 P Lincoln Memorial Cent, ONE ROLL, Brilliant Uncirculated, 1964 Proof Lincoln Cent Proof-66 (GEM+) RED, 1964 Lincoln Memorial Penny PCGS MS66RD #G020. Extremely rare ones like the 1964 SMS penny can fetch thousands of dollars if you find one. The views expressed may come from different individual authors and may not necessarily reflect those of the website or other organization. Web1964 D Lincoln Penny Rare L Liberty On Edge Error - $1499.00 1964 D Lincoln Penny Rare L Liberty On Edge Error The Obverse Or Heads Side Was Designed By Victor David Brenner. The 1964 penny is 19.05mm in diameter (0.075) with a smooth or plain edge. WebThe 1964 penny with no mint mark and the 1964 D penny are each worth around $0.15 in uncirculated condition with an MS-63RB grade. ! The L in liberty literally looks like its leaning against wall pointing into planchette and the head is missing a big chunk of hair right below the word "we". Collections of vintage Jefferson nickels are formed by date plus mint variety. Popularity of collecting Jefferson has a strong base of historical value. Furthermore, finding an extremely rare coin like the 1964 SMS penny can yield a huge amount of money. This error isnt that rare but can significantly increase a 1964 penny value. The latter is especially important since even today there are still high-quality pieces in uncirculated Jefferson Nickel rolls. WebThe 1964 Jefferson Nickel coin is one of the coin series designed by Felix Osca r in 1938. These attributes play a vital role in determining the pennys value. Many 469-919-2935. Unlike other coins, the 1964 Lincoln penny was struck at two mints which were ones at Denver and Philadelphia. Collectible coins are those found in excellent condition with all details remaining. This resulted in the L blending into the coins outer rim, creating a sort of absence of the letter in the word. E PLURIBUS UNUM engraved between the Memorials profile and the topmost inscription. The coin belongs to the Lincoln penny series, a denomination with a long and eventful history. The state of preservation is satisfactory. Some 1964 pennies were struck in a way that engraved the word LIBERTY too close to the coins rim. Using the presence of luster as an indication of preservation, look closely at the surface of the metal of Jefferson's face. A 1964 SMS penny can easily fetch over $5000 at auctions, and one in excellent condition can sell for way higher than that. 1964 Penny Value Guide At least half the pennies that have the 1964 mint date were coined in 1965. WebCheck out our 1961 penny no l in liberty selection for the very best in unique or custom, handmade pieces from our shops. That would have taken a real expert to accomplish that without leaving any scrapes in the adjoining area. $0.05. #4 + 19.05 mm Thickness: 0.0598 inches (1.52 mm) Edge: Plain Minted in: Philadelphia Quantity Minted: 2,648,575,000 photo source: www.ebay.co.uk 2) 1964 D Chris. https://nnp.wustl.edu/library/book/514149 Ear 1967 And 1973 D Lincoln Cents With Machine Doubling Correct 1964 D Lincoln Cent RPM? ; Records have also been broken in 2021 for the 1964 Nickel D/D grade MS65 selling for As such, expect the 1964 proof penny value to be higher than the standard coins. In both the words "Liberty" and "In God We," the letters are doubled. However, none of These pennies are unique because they are the only ones in the wheat penny collection that are made of steel. Despite its current low value, it remains an important coin in the journey of every coin collector. Also, click here to Learn About Grading Coins. Features such as its condition, grade, and patina make it a highly sought-after piece by coin collectors. ): The coins denomination which in this case is ONE CENT engraved at the coins bottom. The weight of 5g and diameter of 21.20mm remained unchanged during these years. Note the direction. Die wear flows towards the closest rim. Click here to Learn How to use Coin Price Charts. It weighs 3.11g. The reason is most require a magnifying glass to discover. Nice Low Priced *Semi Key Date* Coin for any collection, NICE INDIAN HEAD CENT FOR YOUR COLLECTION, Nice Low Priced *Semi Key Date* Vintage Coin, can use as a filler, Nice *Semi Key Date* Coin for any collection. Value: $29,981. This in spite of having been coined more than 30 years ago. Step by step method to date and variety identification. There's Got To Be A Better Way? $0.39. Here you can see the main changes in the Jefferson Nickels throughout their history. WebCheck out our 1961 penny no l in liberty selection for the very best in unique or custom, handmade pieces from our shops. For Sale: 1877 Trade Dollar Opium Box Necklace Locket, For Sale: 6 Israel Silver Commemoratives At Melt + Shipping, For Sale: ATB Quarters S Mint Business Strike Complete Sets, For Sale: 1995, 1999, 2000 US Silver Proof Sets, For Sale: 1924-S Standing Liberty Quarter, For Sale: 2021 Fender Stratocaster Guitar Shaped Silver 1 Oz Coin Solomon Islands $2 Coin, Sold: 20 American Silver Eagles 2012 In Original Tube, For Sale: Uncirculated American Innovation Dollars, For Sale: 1993 Mexico 20 Pesos Bi-Metallic Silver BU Coin, Coin Community Selling Rules - Updated Feb 23 2023, 1964 Penny "Leaning Again Wall" L In Liberty, https://www.NGCcoin.com/registry/cosets/236574/, Coin information Types and Varieties, Overlays, Jefferson nickel doubled dies Wexler/Rebar complete listings. Valued at $125 by NGC with only 148 certified with higher grade. Just the die aging well at this point. Sold by artbc55 in Los Angeles 1964 D Lincoln Penny Rare L Liberty On Edge Error In God We Trust Edge Err Graduation companies such as NGC and PCGS differentiate Jefferson Nickels Full Steps prices from regular ones. The Jefferson Nickel is 75% copper and 25% nickel and has a total melt value of $0.0567. Errors can either increase or decrease a coins value; in this case, we have compiled a 1964 penny error list. Web1964 Lincoln Memorial Cent Copper Alloy Penny Mintage: 2,652,525,762 Minted at: Philadelphia (No Mint Mark) Designer - Engraver: Frank Gasparro Metal Composition: 95% Copper - 5% Tin and Zinc Diameter: 19 mm Mass / Weight: 3.11 grams What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. Depending on the frequency of a coins exposure or exchange, you can also see bluish and greenish tints on the coin. However, officials at the US Mint believed the scarcity was caused by coin collectors and decided on a solution. 1936 Buaffalo Nickel Is This A Mint Error Or Damage? In the 1970s and 80s, the West Point Mint struck pennies and quarters to help supplement production from the Philadelphia Mint. With a total mintage of 1,024,672,000 pieces, PCGS estimates that there are 150,000 pieces in MS60 quality or higher and 42,500 pieces in MS65 quality or higher.In terms of value, the record is held by a 1964 Jefferson Nickel in MS66+ grade which reached $129 in March 2017. As we have previously reported, the Denver Mint set a record for the number of pieces minted in the entire history of the Jefferson Nickels in 1964. 1966 U.S. Mint Annual Report High 1964 D Penny Struck on 1963 D Penny Sold on Jan 10, 2009 for $4,312.50. Free shipping for many products! 1988 D Quarter, Didn't See This Example, Could Be A Discovery? For all the above reasons (high circulation and composition without silver), when investing in the Jefferson Nickel 1964 it is essential to take notice of the different types to know their value, as well as always looking for the best quality we can afford. Web1964 Penny No L in Liberty Error Sold $19.95 Some 1964 pennies were struck in a way that engraved the word LIBERTY too close to the coins rim. Coins with high grades in uncirculated conditions fetch the highest prices asides from proofs and error coins. Extremely Fine: This category loosely covers the best states a coin can be in circulated condition. It is estimated that between 12 and 24 specimens have this SMS quality, which is characterized by a very strong coinage, sharp edges and satin surfaces. They allow buyers to bid on the coin, with the highest bid winning the sale. These pennies are unique because they are the only ones in the wheat penny collection that are made of steel.