CoinValue

1970 S Lincoln Memorial Penny Small Date

1970 | S | Mintage: 3,951,578,423 | Copper-Plated Zinc
$5.5 – $1,125 Key Date
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Obverse of Lincoln Memorial Penny showing Abraham Lincoln bust facing right

Obverse

Reverse of Lincoln Memorial Penny

Reverse

The 1970 S Lincoln Memorial Penny Small Date was minted at the San Francisco Mint with a mintage of 3,951,578,423. Values range from $5.5 in lower grades to $1,125 in top condition. This is a key date, making it especially sought-after by collectors.

CoinValueDB Value Estimate

$4.70 – $1,125

Price History

SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $131 High: $1,125 Low: $5 11 total data points

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Good (G-4)$6
Very Good (VG-8)$6
Fine (F-12)$7
Very Fine (VF-20)$7
Extremely Fine (EF-40)$10
About Uncirculated (AU-50)$15
Mint State (MS-60)$24
Choice Mint State (MS-63)$48
Gem Mint State (MS-65)$185
Superb Gem+ (MS-67)$1,125

About the Lincoln Memorial Penny

The Lincoln Memorial penny debuted in 1959 to mark the 150th anniversary of Abraham Lincoln's birth. Frank Gasparro designed the reverse, which features the Lincoln Memorial in Washington D.C. The U.S. Mint chose Gasparro because he was an assistant engraver who had previously designed the reverse of the Lincoln cent's predecessor. The coin replaced the Wheat reverse that had been on the penny since 1909. Composition changes defined the series over its 50-year run. Pennies from 1959 through 1982 consist of 95% copper and 5% zinc. Rising metal costs forced a change in 1982 to a copper-plated zinc planchet. The series ended in 2008 when the Mint transitioned to a series of four commemorative reverses celebrating Lincoln's life.

Coin Details

Designer
Frank Gasparro
Composition
Copper-Plated Zinc
Weight
2.5
Diameter
19.05
Edge
Plain
Series
Lincoln Memorial Penny (1959-2008)

Historical Notes

Small Date variety

Varieties

Small Date

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Collecting Lincoln Memorial Penny Coins

Focus on finding high-grade examples from the 1960s and 1970s, as these are affordable and accessible for new collectors. Look for coins with full, sharp detail on the Memorial steps, as these areas often show weak strikes. Zinc pennies from 1982 onwards frequently suffer from 'zinc rot' where the core corrodes under the plating, so avoid coins with bubbles or dark spots. Avoid spending money on common dates in low condition, and prioritize coins with bright, original luster to protect your investment value.

This series includes key dates — check individual coin pages for rarity details.

Frequently Asked Questions

What is a 1970 S Lincoln Memorial Penny Small Date worth? +
A 1970 S Lincoln Memorial Penny Small Date is worth between $5.5 and $1,125 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1970 Lincoln Memorial Penny coins were made? +
The San Francisco Mint produced 3,951,578,423 1970 Lincoln Memorial Penny coins. Lower mintage numbers generally correlate with higher collector value.
Is the 1970 S Lincoln Memorial Penny Small Date a key date? +
Yes, the 1970 S Lincoln Memorial Penny Small Date is considered a key date in the Lincoln Memorial Penny series. Key dates are coins with low mintage, high collector demand, or both, making them among the most valuable in the series.
How much is a 1970-S Small Date Lincoln Memorial penny worth? +
In circulated condition, this coin sells for between $10 and $30. Uncirculated specimens in high grades can sell for $50 or more depending on their surface quality.
Is the 1970-S Small Date penny rare? +
Yes, it is a key date for the series. It remains one of the most sought-after varieties because of its distinct design difference compared to the common Large Date variety minted the same year.

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