1987 D Penny Worth

Marcel Cruickshank V 19 Jun 2025

Have you ever wondered how much a 1987 D penny is worth?

The 1987 D penny is a one-cent coin that was minted in Denver, Colorado. It is made of copper-plated zinc and weighs 2.5 grams. The obverse (heads) of the coin features the Lincoln Memorial, while the reverse (tails) features the Union Shield.

The 1987 D penny is a common coin, and it is not particularly valuable. However, there are some 1987 D pennies that are worth more than others. For example, a 1987 D penny with a mint error can be worth several hundred dollars.

If you have a 1987 D penny, you can check its value by looking it up in a coin catalog or by taking it to a coin dealer. You can also use a coin grading service to determine the coin's condition, which will affect its value.

Here are some of the factors that can affect the value of a 1987 D penny:

Mint error: A 1987 D penny with a mint error can be worth several hundred dollars.
Condition: The condition of a 1987 D penny will affect its value. A coin that is in good condition will be worth more than a coin that is in poor condition.
Rarity: The rarity of a 1987 D penny will also affect its value. A coin that is rare will be worth more than a coin that is common.

If you have a 1987 D penny, it is worth checking its value. You may be surprised to find out that it is worth more than you thought!

1987 d penny worth

The 1987 d penny is a one-cent coin that was minted in Denver, Colorado. It is made of copper-plated zinc and weighs 2.5 grams. The obverse (heads) of the coin features the Lincoln Memorial, while the reverse (tails) features the Union Shield.

Common: The 1987 d penny is a common coin, and it is not particularly valuable.
Mint Error: However, some 1987 d pennies with mint errors can be worth several hundred dollars.
Condition: The condition of a 1987 d penny will affect its value. A coin that is in good condition will be worth more than a coin that is in poor condition.
Rarity: The rarity of a 1987 d penny will also affect its value. A coin that is rare will be worth more than a coin that is common.
Value: The value of a 1987 d penny can range from a few cents to several hundred dollars, depending on the factors listed above.
Collectible: Despite being common, the 1987 d penny is still a popular collectible among coin enthusiasts.

These key aspects provide a comprehensive overview of the 1987 d penny worth. While the coin is generally not particularly valuable, some factors such as mint errors and condition can significantly increase its worth. Ultimately, the value of a 1987 d penny is determined by its individual characteristics and the current market demand for such coins.

1. Common

The statement "Common: The 1987 d penny is a common coin, and it is not particularly valuable" is a crucial aspect of understanding the overall worth of the 1987 d penny. The fact that the coin is common means that it was produced in large quantities, resulting in its widespread availability. This abundance reduces its scarcity, which is a key factor in determining the value of any collectible item.

The lack of particular value associated with the 1987 d penny is directly related to its commonality. Unlike rare or limited-edition coins, which may command higher prices due to their scarcity, the 1987 d penny does not possess this attribute. As a result, its value remains within a relatively narrow range, typically determined by its condition and any potential mint errors.

Understanding the common nature of the 1987 d penny is essential for collectors and individuals who may encounter this coin. It helps set realistic expectations regarding its worth and prevents disappointment or inflated valuations. Furthermore, it highlights the importance of considering rarity and scarcity when assessing the value of any collectible item.

2. Mint Error

The connection between mint errors and the worth of 1987 d pennies is crucial in understanding the value and significance of these coins. Mint errors are imperfections or irregularities that occur during the coin production process, resulting in unique variations from the intended design.

Rarity and Collectibility: Mint errors can make 1987 d pennies rare and collectible, increasing their value significantly. Collectors seek out coins with unique characteristics, and mint errors add to the coin's individuality, making them more desirable.
Historical Significance: Mint errors provide insight into the coin production process and the machinery used during that time. Studying these errors helps numismatists and historians understand the evolution of minting techniques and identify potential flaws or improvements in the process.
Artistic Value: Some mint errors can create visually appealing patterns or designs on the coin. These unique variations can make the coin more aesthetically pleasing to collectors, further enhancing its worth.
Investment Potential: Mint error coins can be a potential investment opportunity. Due to their rarity and collectibility, these coins may appreciate in value over time, making them a potentially lucrative investment for collectors and investors.

Understanding the connection between mint errors and the worth of 1987 d pennies highlights the importance of examining coins closely for any irregularities or variations. These mint errors can significantly increase the value of the coin, making them highly sought after by collectors and investors.

3. Condition

The condition of a 1987 d penny significantly impacts its worth, as it directly affects the coin's overall appearance, desirability, and rarity. Coins in good condition are more visually appealing, have fewer scratches or blemishes, and exhibit sharper details, making them more sought after by collectors and numismatists.

The Sheldon Coin Grading Scale is widely used to assess the condition of coins, assigning a numerical grade from 1 to 70, with 70 representing a perfect coin. Coins with higher grades command a premium, as they are considered to be in pristine or near-mint condition. Conversely, coins with lower grades, indicating significant wear, damage, or imperfections, will have a diminished value.

The condition of a 1987 d penny can also affect its rarity. Coins that have circulated extensively and show signs of wear are more common than well-preserved coins. As a result, coins in good condition may be considered rarer and more valuable, especially if they are part of a limited mintage or have unique characteristics.

Understanding the connection between condition and worth is crucial for collectors and individuals who wish to determine the value of their 1987 d pennies. By carefully examining the coin's condition, considering factors such as surface preservation, strike quality, and overall aesthetics, collectors can make informed decisions about the coin's value and potential worth in the numismatic market.

4. Rarity

The rarity of a 1987 d penny is a significant factor that contributes to its worth. The principle of supply and demand dictates that items that are scarce or difficult to obtain tend to hold higher value. In the context of coins, rarity is determined by several factors, including mintage figures, survival rates, and historical events.

For instance, if a particular variety of the 1987 d penny was produced in limited quantities due to a production error or a short-lived design change, it would be considered rarer than the standard issue coins. As a result, collectors and numismatists would be willing to pay a premium to acquire these rare specimens, driving up their market value.

Understanding the connection between rarity and worth is crucial for collectors and individuals who wish to determine the value of their 1987 d pennies. By researching mintage figures, examining historical records, and consulting with experts, collectors can gain insights into the rarity of their coins and make informed decisions about their worth.

Furthermore, the rarity of a 1987 d penny can also influence its historical significance. Rare coins often provide valuable information about past events, minting practices, and economic conditions. They serve as tangible artifacts that can shed light on the social and cultural context of their time.

5. Value

The value of a 1987 d penny is directly connected to the concept of "1987 d penny worth." This value is not fixed and can vary significantly based on several determining factors, as outlined in the statement "Value: The value of a 1987 d penny can range from a few cents to several hundred dollars, depending on the factors listed above."

Understanding the factors that influence the value of a 1987 d penny is crucial for collectors, investors, and individuals who wish to determine the worth of their coins. These factors serve as components that contribute to the overall value of the coin, making them essential considerations in assessing its worth.

In practical terms, the value of a 1987 d penny can impact decisions related to buying, selling, or collecting coins. Collectors may seek out rare or well-preserved coins with higher values to add to their collections, while investors may consider the potential appreciation in value over time. Understanding the factors that affect the value of a 1987 d penny empowers individuals to make informed choices and maximize the worth of their coins.

In summary, the value of a 1987 d penny is a dynamic concept that is influenced by various factors. Recognizing the connection between "Value: The value of a 1987 d penny can range from a few cents to several hundred dollars, depending on the factors listed above." and "1987 d penny worth" is essential for gaining a comprehensive understanding of the worth and significance of these coins.

6. Collectible

The connection between "Collectible: Despite being common, the 1987 d penny is still a popular collectible among coin enthusiasts." and "1987 d penny worth" lies in the intrinsic value and appeal that collectors find in these coins. Despite their commonality, which typically diminishes the worth of an item, the 1987 d penny retains its collectible status due to several reasons:

Historical Significance: The 1987 d penny commemorates the 200th anniversary of the signing of the United States Constitution. This historical significance adds sentimental value and makes the coin desirable among collectors who appreciate its connection to a pivotal moment in American history.

Cultural Relevance: The Lincoln Memorial, featured on the obverse of the coin, is an iconic American monument that represents the legacy of President Abraham Lincoln and his contributions to the nation. This cultural relevance resonates with collectors who seek coins that embody American heritage and values.

Nostalgia and Sentimentality: For many collectors, the 1987 d penny evokes feelings of nostalgia and sentimentality. It may have been a part of their childhood or hold personal significance, making it a valuable and cherished collectible.

Variety and Errors: While the 1987 d penny is generally common, certain varieties and errors can make them more sought-after by collectors. These variations, such as off-center strikes or die cracks, add uniqueness and rarity to the coin, increasing its collectible value.

Understanding the connection between "Collectible: Despite being common, the 1987 d penny is still a popular collectible among coin enthusiasts." and "1987 d penny worth" is crucial for collectors and individuals who wish to determine the value of their coins. By recognizing the collectible nature of the 1987 d penny and the factors that contribute to its worth, collectors can make informed decisions about acquiring, preserving, and potentially selling their coins.

In summary, the collectible status of the 1987 d penny, despite its commonality, highlights the multifaceted nature of coin collecting. It underscores the importance of considering historical, cultural, and personal factors when assessing the worth of coins, beyond their mere scarcity or monetary value.

FAQs on "1987 d penny worth"

Below are answers to frequently asked questions about "1987 d penny worth":

Question 1:What factors determine the value of a 1987 d penny?

Answer: Several factors influence the worth of a 1987 d penny, including its condition, rarity, mint errors, and collectible value.

Question 2:Are all 1987 d pennies valuable?

Answer: No, the majority of 1987 d pennies are common and have a low value. However, certain varieties, such as those with mint errors or rare characteristics, can be more valuable.

Question 3:How can I determine the rarity of my 1987 d penny?

Answer: Researching mintage figures, consulting with experts, and examining the coin's characteristics can help determine its rarity.

Question 4:Are 1987 d pennies made of solid copper?

Answer: No, 1987 d pennies are made of copper-plated zinc, not solid copper.

Question 5:Is it worth getting my 1987 d penny graded?

Answer: Grading your 1987 d penny can be beneficial if it has potential value due to its condition, rarity, or mint errors. A professional grading service can assess the coin's condition and assign a numerical grade, which can enhance its credibility and value.

These FAQs provide a concise overview of common concerns and important information regarding the worth and value of 1987 d pennies.

To learn more about 1987 d penny worth, continue reading the provided article.

1987 d penny worth

The exploration of "1987 d penny worth" has revealed that the value of these coins extends beyond their face value. While common, factors such as mint errors, condition, rarity, and collectible status can significantly impact their worth. Understanding these factors empowers collectors, investors, and individuals to make informed decisions about the value and significance of their 1987 d pennies.

The examination of "1987 d penny worth" underscores the importance of considering historical, cultural, and personal factors when assessing the worth of coins. It highlights that value is not solely determined by scarcity or monetary value but also by the stories, emotions, and connections that these coins embody.

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1987 D Penny Worth

1987 d penny worth

1. Common

2. Mint Error

3. Condition

4. Rarity

5. Value

6. Collectible

FAQs on "1987 d penny worth"

1987 d penny worth

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