An Exhaustive Guide to the 1991 D Penny
Introduction
Greetings to our comprehensive handbook on the 1991 D penny. This penny is a widely sought-after coin owing to its scarcity and worth. In this article, we will delve deep into the genesis, design, and value of the 1991 D penny.
Genesis and Design of the 1991 D Penny
The 1991 D penny is from the Lincoln Memorial series, coined within the United States from 1959 to 2008. The design of the 1991 D penny was the brainchild of Frank Gasparro, who was the Chief Engraver at the United States Mint from 1965 to 1981.
The obverse side of the 1991 D penny exhibits a bust of Abraham Lincoln with the words “In God We Trust” and “Liberty” embossed on the penny. The reverse side depicts the Lincoln Memorial with the words “United States of America,” “E Pluribus Unum,” and the mint mark “D” indicating it was coined in Denver, Colorado.
Value of the 1991 D Penny
The value of the 1991 D penny varies based on its condition and rarity. The gauge of the penny’s condition is evaluated using the Sheldon Scale, which ranges from 1 to 70. The penny’s highest grade is 70. An excellent-conditioned 1991 D penny with a grade of 70 can fetch an average price of $250 at auction.
The rarity of the 1991 D penny arises from the Denver Mint’s scarcity, as the Philadelphia Mint produced more coins than the Denver Mint. Consequently, coins coined in Denver, such as the 1991 D penny, are coveted by coin enthusiasts. An excellent-conditioned 1991 D penny can fetch up to $3,000.
FAQs
Q1. Is the 1991 D penny prized?
A1. Yes, the 1991 D penny is coveted due to its rarity.
Q2. How can I ascertain the value of my 1991 D penny?
A2. The gauge of the 1991 D penny’s worth is determined by its condition and rarity. Condition is evaluated using the Sheldon Scale, while rarity is based on the mint mark’s scarcity.
Q3. What is the highest grade a 1991 D penny can receive?
A3. The penny’s highest grade is 70, categorized as excellent condition.
Q4. Where was the 1991 D penny coined?
A4. The 1991 D penny was coined in Denver, Colorado.
Q5. What is the average price for a 1991 D penny in excellent condition?
A5. An excellent-conditioned 1991 D penny can fetch an average price of $250 at auction.
Conclusion
The 1991 D penny is a riveting coin with a rich history and design that continues to enthrall collectors. Its rarity and value make it a prized coin among coin enthusiasts. We trust that this exhaustive guide furnishes you with valuable insights on this distinctive coin and elucidates its meaning better.