![]() So the total number of minted coins in 1923 was 83,423,000! Quite impressive, right? Design Take a look at the chart below which highlights the mintage (number of coins minted) based on each minting location. The main purpose was to honor the 100th anniversary of Lincoln’s birth. The US Mint began the Lincoln penny production in 1909 due to Theodore Roosevelt’s decision to refresh to the coinage. Let’s discuss the topic more in-depth so you can understand all the essential information about the 1923 penny, from valuation of such a coin to their history, design features, and mint marks… The 1923 Lincoln Penny History To give you a quick idea of their value, the price for a 1923 Lincoln penny can range from 50 cents up to hundreds of dollars based on their condition, rarity and mint marks. The reason for that is that there were around 83 million pennies minted in San Francisco and Philadelphia – an incredible mintage which means many of these pennies are still around today. ![]() If you do not want to spend a fortune, don’t worry, as the 1923 cent value is lower than that of the cent struck just one year before. ![]() Why? Well, this coin which has been in circulation for more than a century, is a must for any passionate collector. Are you a hunter of rare American coins? Then you most probably have the Lincoln penny on your wishlist. ![]()
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