The 1955 D Penny: A Collector's Delight

The 1955 D penny stands out as a significant piece in the American numismatic landscape, embodying both historical intrigue and collectible allure. Minted at the Denver Mint in 1955, this copper coin boasts a wide range of variations and a rich history that has captivated collectors for decades.

Historical Background

The 1955 D penny was struck during a period of significant change in American coinage. In 1955, the United States government introduced the Lincoln Memorial Cent, replacing the Wheat Penny that had been in circulation since 1909. The Lincoln Memorial Cent featured a new design by Frank Gasparro, depicting the Lincoln Memorial on the reverse and the Lincoln bust on the obverse.

The Denver Mint, located in Denver, Colorado, was one of the three mints responsible for producing the 1955 D penny. The Denver Mint mark, a small "D" located on the reverse of the coin below the Wheat Stalk, distinguishes the coins minted in Denver from those struck at the other two mints.

Variations and Rarities

The 1955 D penny is known for its wide range of variations, adding to its collector appeal. These variations include:

• Doubled Die Obverse: This variety exhibits a doubling on the obverse designs, including the date, LIBERTY, and IN GOD WE TRUST.
• Reversed Lincoln Memorial: This variety features the reverse design reversed, with the Lincoln Memorial facing left instead of right.
• Die Break Obverse: This variety shows a die break on the obverse, creating a raised line or area on the coin's surface.
• Broadstrike Obverse: This variety exhibits a wider-than-normal obverse strike, resulting in a larger-diameter coin.

The rarity of these variations varies widely. Some, like the Doubled Die Obverse, are highly sought-after and can command significant premiums. Others, such as the Die Break Obverse, are more common and are typically collected for their historical interest.

Collecting the 1955 D Penny

Collectors value the 1955 D penny for its historical significance and its potential for rarity. The following tips can guide collectors in building their 1955 D penny collection:

• Understand the different variations: Familiarize yourself with the various known variations of the 1955 D penny and their relative rarities.
• Examine coins carefully: Inspect potential purchases carefully for any signs of doubling, die breaks, or other variations.
• Consider condition: The condition of the coin significantly impacts its value. Aim for coins with higher grades, such as Mint State or Proof.
• Seek professional advice: If you are uncertain about the authenticity or value of a coin, consult a reputable numismatist or grading service.

Market Value and Trends

The value of a 1955 D penny varies depending on its condition, rarity, and market demand. According to PCGS CoinFacts, the average price for a circulated 1955 D penny in Good condition is around $0.10. However, some variations, such as the Doubled Die Obverse, can sell for hundreds or even thousands of dollars.

The market for 1955 D pennies has remained relatively stable over the past few years. However, the prices for rare variations have shown a gradual increase, making them attractive investments for collectors.

Why Collect the 1955 D Penny?

Collecting the 1955 D penny offers several benefits to collectors:

• Historical Significance: The 1955 D penny represents a significant transition period in American coinage, commemorating the introduction of the Lincoln Memorial Cent.
• Collectible Value: The various variations and rarities of the 1955 D penny make it a highly collectible coin with potential for appreciation in value.
• Educational Value: Studying the 1955 D penny and its variations can provide insights into the history of American coinage and manufacturing processes.
• Personal Enjoyment: Collecting and studying coins can be an enjoyable and rewarding hobby, bringing together history, art, and investment.

Pros and Cons of Collecting the 1955 D Penny

Pros:

• Affordable: Circulated 1955 D pennies are relatively affordable, making it an accessible collecting area.
• Wide Variety: The numerous variations and rarities of the 1955 D penny offer collectors a wide range of options to choose from.
• Potential for Appreciation: Rare variations of the 1955 D penny have shown a history of value appreciation, making them attractive investments.

Cons:

• Competition: The 1955 D penny is a popular collectible, which means there is competition for desirable varieties.
• Counterfeits: Counterfeit 1955 D pennies exist, so it is important to purchase from reputable sources and consider professional grading services.
• Storage Requirements: Depending on the size of your collection, you may need to invest in proper storage and display materials.

Frequently Asked Questions

1. How many 1955 D pennies were minted?

According to the United States Mint, the Denver Mint produced 402,370,000 1955 D pennies.

2. What is the value of a 1955 D penny in good condition?

According to PCGS CoinFacts, the average price for a circulated 1955 D penny in Good condition is around $0.10.

3. How can I distinguish a 1955 D penny from other pennies?

The Denver Mint mark, a small "D" located on the reverse of the coin below the Wheat Stalk, identifies the 1955 D penny.

4. What is the rarest 1955 D penny variation?

The Doubled Die Obverse is considered the rarest variation of the 1955 D penny.

5. Can 1955 D pennies be worth anything?

Yes, some variations of the 1955 D penny, such as the Doubled Die Obverse, can be worth significant amounts of money.

6. Are 1955 D pennies made of silver?

No, 1955 D pennies are not made of silver. They are composed of copper.

7. How can I determine the condition of a 1955 D penny?

To determine the condition of a 1955 D penny, examine its surface for scratches, dings, or other signs of wear. You can also refer to grading scales provided by professional grading services like PCGS or NGC.

8. Where can I find more information about the 1955 D penny?

Numerous online resources and books provide detailed information about the 1955 D penny, including PCGS CoinFacts, CoinWeek, and The Numismatist.

Conclusion

The 1955 D penny stands as a testament to the rich history and captivating appeal of American coinage. Its unique variations, historical significance, and potential for collectibility make it a fascinating subject for both seasoned numismatists and new collectors alike. Whether you seek to add it to your collection, delve into its history, or simply appreciate its numismatic charm, the 1955 D penny offers a timeless connection to the past and the enduring allure of the "Penny that Changed America."

Tables

Table 1: 1955 D Penny Variations and Rarities

Table 2: 1955 D Penny Production Figures

Table 3: Market Value of 1955 D Pennies