Are 1959 Pennies Worth Anything? Unveiling Their Hidden Value

What is the current value of a 1959 penny? The 1959 penny typically holds an average worth of $12.21 in today’s market. However, it’s important to note that the actual value can vary considerably. Recent sales of 1959 pennies have shown a broad spectrum, with some selling for as low as $0.99 and others fetching an impressive $949.90. Factors such as coin condition, rarity, and demand can significantly influence the price, making it essential for collectors and enthusiasts to consider these variables when evaluating the value of a 1959 penny today.

The composition of the penny underwent changes during two distinct periods. From 1959 to 1962, pennies were composed of 95% copper and 5% a mixture of tin and zinc. Subsequently, from 1962 to 1982, the composition shifted to 95% copper and 5% zinc, with the tin being eliminated. Therefore, a 1959 penny contains 95% copper, 3.1% tin, and 1.9% zinc, while a penny from 1962 to 1982 consists of 95% copper and 5% zinc. These alterations in composition over time have significant implications for the copper content in each type of penny.