Coin and Paper Money Collecting/1916 lincoln memorial


QUESTION: I also have a 1916 lincoln memorial cent.
  Is there more than two in circulation?

  What do you think?


There were 131,832,627 cents struck at the Philadelphia Mint in 1916. It is common. An average circulated coin has a retail value of about forty to fifty cents in good to very good condition. See:

---------- FOLLOW-UP ----------

QUESTION: My 1916 penny is not a wheat cent , it has a lincoln
memorial on the reverse side?

  Another person contacted you and said they had one.

That makes two that i know of!

Is there any more of this miss stamped cent?


OK. That coin is not likely real. You need to have the coin seen by an expert, but where the Memorial Reverse was not used until 1959, only the year 1958 would be a likely candidate for a reverse of this type on a wheat back cent. Your coin is likely altered by slicing two coins in half and gluing them back together to get this "error". Altered coins have no added numismatic value.

If you were to take a normal wheat cent or memorial cent (struck before 1982) and drop it on a glass surface, it should make a ringing sound. Your coin will likely make a dull sound where two coins were joined together.

If you live close to a local shop, they should offer an opinion as to it's value and if it is authentic at no charge. Always try and get at least two opinions and try and deal with PNG dealers if possible. If you should decide to sell your coin to a dealer, remember they will offer about 50% to 60% of the retail value. Here's a link to find one in your area:

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Ronald Fern


I can answer most all questions relating to US coins, tokens, and currency. I'm not strong on world coins or ancients. Primary field of expertise is errors and varieties. Over 55 years experience in coin collecting. Part time dealer since 1976. Employed by McDonnell Douglas/Boeing for over 34 years as an Industrial Engineer/Technical Specialist before retiring in 2002.


Worked weekends for "Lonesome" John in the late 1960's to mid 1970's processing error coins, packaging, and preparing orders. Worked with John Devine and Fred Weinberg on several California Error A Rama's in the early 1970's. Served as display judge at annual Error-A-Rama coin shows. Opened and operated mail order coin business DBA "CAL ERRORS" in 1976. Contributor to Alan Herbert's "Official Price Guide To Mint Errors" and Fivaz/Stanton "Cherrypickers' Guide". Worked Saturdays at Huntington Beach Coin Exchange 1980-1999. Had table and sold coins at a number of coin and gun shows in So CA, AZ and NV. Sell coins, tokens and currency on Facebook. Past "Errorscope" Editor. Presently CONECA Examiner.


Errorscope, Numismatic News, Civil War Token Journal, Error and Variety News

AA Degree LBCC pre Engineering, 1964 BS Degree CSULB Ind Technology, 1968

Awards and Honors
1st Place EAR Trophy for Civil War Token Errors, NLG Author of Year Award for best monthly coin column "Error News and Views" in small Numismatic paper, owned and published by Ray Anthony.

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