The 2007 Lincoln cent marks one of the final years of the Lincoln Memorial design, which concluded in 2008. Although these pennies are modern and extremely common, some high-grade examples and mint errors are surprisingly valuable. In this complete guide, you’ll explore the features, history, mint types, rare errors, and market values for the 2007 penny.
2007 Penny Value Chart
| Type | MS-60 | MS-65 | PR-65 | Error Value |
|---|---|---|---|---|
| 2007 (No Mint Mark) | $0.10 | $1.00 | N/A | Up to $150+ |
| 2007-D (Denver Mint) | $0.10 | $1.00 | N/A | Up to $250+ |
| 2007-S (Proof Coin) | N/A | N/A | $2.00–$6.00 | Rarely higher |
| 2007 Error Coins | Varies | Varies | Varies | Up to $500+ |
Note: Values are based on third-party graded coins and current market data as of 2025.
History of the 2007 Penny
The 2007 Lincoln cent continues the tradition of the Memorial reverse, which had been in use since 1959. Designed by Frank Gasparro, it honored Lincoln’s legacy with a depiction of the Washington, D.C. memorial.
By this time, the U.S. Mint was preparing to transition to the four reverse designs of 2009 for Lincoln’s bicentennial. However, the 2007 cent remained unchanged in design. The year saw massive production numbers, but as with many coins, scarcity comes through condition and minting mistakes.
Features of the 2007 Penny
The Obverse of the 2007 Penny
The obverse, designed by Victor David Brenner, features the classic portrait of Abraham Lincoln.
Key features:
- “IN GOD WE TRUST” across the top
- “LIBERTY” to the left
- Date “2007” to the right
- Mint mark beneath the year (D, S, or none)
The Reverse of the 2007 Penny
Gasparro’s Lincoln Memorial design appears on the reverse.
Key details:
- “UNITED STATES OF AMERICA” at the top
- “E PLURIBUS UNUM” above the memorial
- “ONE CENT” at the bottom
Other Specifications
- Composition: 97.5% zinc, 2.5% copper
- Weight: 2.5 grams
- Diameter: 19.05 mm
- Edge: Plain
2007 Penny Grading Guide
The better the condition, the higher the value. Here are basic grading categories:
- Circulated: Wear and tear; face value unless it features a rare error.
- MS-60 to MS-64: Uncirculated, minor marks or dull luster.
- MS-65 and higher: Bright, clean surfaces with strong strikes.
- Proof (PR-65 to PR-70): High-quality collector coins from San Francisco.
2007 Penny Value Guides
2007 No Mint Mark Penny (Philadelphia)
The Philadelphia Mint struck more than 3.6 billion 2007 Lincoln cents.
Values:
- Circulated: $0.01
- MS-60: $0.10
- MS-65: $1.00–$2.00
Top-grade red (RD) examples in MS-67+ may sell for over $100.
2007-D Penny (Denver Mint)
The Denver Mint produced over 3.7 billion Lincoln cents in 2007, making it slightly more common than the Philly version.
Values:
- Circulated: $0.01
- MS-60: $0.10
- MS-65: $1.00–$3.00
Some MS-67 certified coins from Denver have sold for $150+ at auction.
2007-S Proof Penny (San Francisco Mint)
Over 2.1 million proof Lincoln cents were struck in San Francisco in 2007. These are intended for collectors only.
Values:
- PR-65: $2.00–$3.00
- PR-69: $4.00–$6.00
- PR-70 (perfect): $25–$45+
Rare 2007 Penny Errors List
Error coins from 2007 are relatively rare but can be highly valuable.
1. 2007 Double Die Obverse (DDO)
- Doubling in “LIBERTY” or date digits.
- Value: $50–$200+
2. Off-Center Strike
- Portion of design is missing due to misalignment.
- Value: $20–$150+, more if over 50% off-center
3. Broadstrike Error
- Flattened, rimless coin due to missing collar during strike.
- Value: $15–$100+
4. Clipped Planchet
- Coin has a curved section missing.
- Value: $20–$75
5. Struck Through Errors
- Caused by debris or grease interfering during the strike.
- Value: $10–$80+
6. Die Cracks and Die Cuds
- Raised lines or blobs from die breaks.
- Value: $15–$100+
7. BIE Error
- Die break between “B” and “E” in LIBERTY looks like an “I.”
- Value: $5–$20
FAQ about the 2007 Penny
1. What is the composition of the 2007 penny?
The 2007 Lincoln penny is made of 97.5% zinc and 2.5% copper, with a copper-plated zinc core. This composition has been used since mid-1982 to reduce production costs.
2. Which U.S. mints produced the 2007 penny?
The 2007 penny was minted at three locations:
- Philadelphia Mint (no mint mark)
- Denver Mint (“D” mint mark)
- San Francisco Mint (“S” mint mark) — for proof coins only
3. Are there any notable errors or varieties in the 2007 penny?
Yes, although there are no major listed doubled die varieties, collectors have reported:
- Off-center strikes
- Clipped planchets
- Die cracks, cuds, and die breaks
- Strike-through errors
These types of errors can vary in value depending on severity, uniqueness, and overall condition.
4. What designs are featured on the 2007 penny?
- Obverse: A portrait of Abraham Lincoln, designed by Victor D. Brenner
- Reverse: The Lincoln Memorial, which was featured from 1959 to 2008
5. How many 2007 pennies were minted?
Mintage figures were extremely high in 2007:
- Philadelphia: Over 3.7 billion
- Denver: Over 3.6 billion
- San Francisco (Proofs): About 2.8 million
This makes the 2007 penny a very common circulation coin. - 6. What is the typical value of a 2007 penny?
- Circulated coins: Face value (1 cent)
- Uncirculated coins (MS65–MS67): $0.10 to $2+
- Proof coins (2007-S): $1 to $3+
- Error coins: Depending on the type and condition, error coins may sell for $10 to $100+
7. Is the 2007 penny a good coin for collecting or investment?
Most 2007 pennies are not valuable as investments due to high mintage and commonality. However, error coins, proofs, and high-grade uncirculated examples can be attractive to collectors and may increase in value over time.
