The 1986 penny coin value depends on mint marks, condition, and rare errors. Some variations make these coins highly sought after by collectors. Understanding their worth can help determine if you have a valuable piece in your collection.
Factors That Affect 1986 Penny Coin Value
Several factors determine the value of a 1986 penny. These include mint marks, condition, and unique errors.
1. Mint Marks on 1986 Pennies
- 1986-P (Philadelphia Mint): No mint mark, common but can be valuable in high grades.
- 1986-D (Denver Mint): Marked with “D,” widely circulated but still collectible.
- 1986-S (San Francisco Mint): Proof coins, often worth more to collectors.
2. Errors That Increase 1986 Penny Value
Common Errors in 1986 Pennies
- Double Die Obverse (DDO): Misaligned designs that increase rarity.
- Off-Center Strikes: Some coins may be struck off-center, making them unique.
- Clipped Planchet: Portions of the coin may be missing due to cutting errors.
How Mint Errors Impact Value
- A 1986 DDO penny can be worth over $50.
- Off-center strikes range from $10 to $100 depending on severity.
- Clipped planchets vary from $5 to $30.
How to Determine the Condition of a 1986 Penny
Grading Scale for 1986 Pennies
- Good (G-4): Heavy wear but date and design visible.
- Fine (F-12): Moderate wear, some details visible.
- Extremely Fine (EF-40): Minor wear, clear design.
- Uncirculated (MS-60 and above): No wear, sharp details.
Best Ways to Preserve 1986 Pennies
- Store in a coin holder or album to prevent oxidation.
- Avoid handling with bare hands to maintain luster.
- Keep away from moisture to prevent corrosion.
Market Prices of 1986 Pennies
Estimated Values Based on Condition
- 1986-P (No Mint Mark)
- Circulated: $0.01 – $0.10
- Uncirculated: $1 – $5
- 1986-D (Denver Mint)
- Circulated: $0.01 – $0.10
- Uncirculated: $1 – $4
- 1986-S (Proof Coin)
- Proof: $3 – $10
Where to Sell Rare 1986 Pennies
- Online Marketplaces: eBay, Etsy, and numismatic forums.
- Coin Dealers: Local shops specializing in rare coins.
- Coin Shows: Best for networking and finding collectors.
Conclusion
The 1986 penny coin value varies based on mint marks and errors. Rare errors significantly increase worth, and well-preserved coins fetch higher prices. Check your coins carefully—you might have a valuable 1986 penny!
5 FAQs About 1986 Penny Coin Value
1. What is the most valuable 1986 penny?
A 1986 penny with a rare error, such as a double die or off-center strike, is valuable.
2. Are 1986 pennies made of copper or zinc?
They are primarily zinc with a thin copper coating.
3. Where is the mint mark on a 1986 penny?
Below the date on the obverse side.
4. Should I clean my 1986 penny to increase its value?
No, cleaning coins can reduce their value.
5. How can I get my 1986 penny appraised?
Consult a numismatic expert or use online appraisal services.
