Coins for collectors - Uncirculated British 1964 Half Penny / Halfpenny Coin / Great Britain

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Early Pennies were pure silver, exchangeable for and worth their weight in the precious metal. The Halfpence coins were, likewise, half the weight and also equal in value to their weight in the precious metal content. In the early 1960s, there was a major coin shortage, presumably due to collectors’ hoarding of circulating silver coins. The U.S. Mint blamed coin collectors for the coin shortage.

There are also proof coins (list of U.S. Proof Sets with prices), of which almost 4 million were minted, but the rarest of this year’s pennies are undoubtedly the 1964 SMS penny as we will see below. List of most highly-priced 1964 penny errors In 1811 Bolton supplied The Royal Mint with machinery for a new mint at Tower Hill. Under the Great Recoinage of 1816 this began striking gold and silver coins. It was not until 1825, in the reign of George IV, that it began to mint copper Halfpence coins and Pennies. is a year noted for its poor penny mintages, which is why certain errors stand out from other years. The ship featured on the reverse design, which first appeared on the 1937 halfpenny pattern of Edward VIII, is based on Sir Francis Drake's Golden Hind, in which he became the first Englishman to circumnavigate the globe between 1577 and 1580. Bronze Pennies weighed just under 10g and measuring slightly under 31mm. The Halfpenny coins weighed 5.67g and measured 25.48mm. Until 1937 the Halfpenny design followed that of the Penny. After this date, on the reverse of half Penny coins, Britannia was replaced with an image of Sir Francis Drake's ship the Golden Hind.Mintmark: A 1964 SMS penny will have a “D” mintmark, indicating that it was produced at the Denver Mint. But there are exceptions. Coins that are the finest quality examples of their type can be worth four figures. Interesting error coins can be valuable too. And if you have a 1964 penny with a satin finish, it could be worth many thousands of dollars. How do I know if my 1964 penny is rare?

That’s what we’re here to find out! We’re going to explore the 1964 penny value and the factors that determine it. And we’ll learn more about its history and design along the way. There are several characteristics to look for to determine if a penny is a 1964 SMS (Special Mint Set) penny: Above Lincoln’s portrait are inscribed the words “In God We Trust”. “Liberty” is inscribed to its left, while the date is on the right. In 1959 U.S Mint decided the 1c coins change its familiar Wheat Reverse to a design commemorating the Lincoln Memorial (more about 1959 Lincoln Cent).The material of our penny in question consists of 95% copper and 5% Zinc, weighing a total of 3.11 grams for its 19 millimeters in diameter. Some felt the initials were too bold and amounted to “advertising”. They were removed over the artist’s protests, and didn’t appear again until 1918. That year they were moved to a new position, on the lower cut-off of Lincoln’s bust. That’s where you’ll find them on the 1964 penny.

With coins as common as these, priority is given to the most special patinas, so a BN or RB may be undervalued, while an RD makes the coin more expensive because it is so rare in common coins.

This type of coin is very abundant, with a mintage of over 6.4 billion coins. In addition, there are two mint marks for their manufacture, a typical factor that distinguishes American coins in price, so one must look at other differences to determine a higher or lower value.