2007 Penny Coin Value (Errors List, “D”, “S” & No Mint Mark Worth)

From a collector’s perspective, 2007 pennies occupy a crucial transitional position as the penultimate Memorial cent year before the historic 2009 redesign. While circulation strikes remain abundant and accessible to beginners, specialized varieties like satin finish specimens and dramatic errors offer intriguing collecting opportunities.

Investment potential varies significantly—regular examples hold minimal premium, but high-grade specimens and errors demonstrate surprising auction strength. These coins serve as ideal “learning pieces” for new collectors developing grading skills, while advanced numismatists can pursue scarce varieties like the 895,628-mintage satin finishes or spectacular errors that occasionally transform pocket change into four-figure discoveries.

 

2007 Penny Value By Variety

Market values for 2007 pennies reveal significant premiums for mint state examples and collector varieties:

Tip: The 2007 Satin Finish is graded SP (Specimen), not MS. Listed under MS for formatting only.

Tip: Chart shows Red (RD) prices only. For Brown (BN) or Red-Brown (RB) values, check our CoinValueChecker App for comprehensive information across all color designations.

 

2007 Penny Market Trend

The 2007 penny market interest trend chart mirrors the broader numismatic market dynamics. The data reveals explosive interest peaking around 2017-2018, reaching nearly 17,000, likely driven by viral social media content about valuable error coins and key dates.

The pattern suggests that while initial hype has subsided, there remains a solid foundation of consistent collector interest. For serious numismatists, this presents an opportunity – lower competition and more reasonable pricing compared to the peak years. The 2007 penny, particularly varieties with doubled dies or other mint errors, continues to hold intrinsic value despite reduced mainstream attention.

To better understand how the 2007 penny fits within the broader collecting landscape, examining our US Coin Market Trend Ranking (Top 100) provides valuable context.

 

History of the 2007 Penny

The 2007 penny emerged during a pivotal transition period in American coinage history, representing one of the final years of the Lincoln Memorial cent era that had dominated American currency since 1959.

By 2007, the writing was already on the wall for design changes, as the Presidential $1 Coin Act of 2005 had mandated a complete redesign of the cent for 2009, setting the stage for the most significant penny transformation in half a century.

This year marked a period of intense production activity across all three minting facilities. The Philadelphia Mint struck 3,762,400,000 pieces while the Denver Mint produced 3,638,800,000 coins, with the San Francisco Mint contributing 2,577,166 proof specimens. These production numbers reflected the Mint’s response to sustained commercial demand while simultaneously preparing for the upcoming bicentennial commemoration that would revolutionize penny design.

The historical context surrounding 2007 penny production was shaped by rising metal costs and legislative mandates. The coins continued using the copper-plated zinc composition introduced in 1982, as copper prices remained volatile.

Meanwhile, numismatic circles buzzed with anticipation for the upcoming Lincoln Bicentennial series, making 2007 pennies significant as representatives of the concluding chapter of the Memorial cent epoch that had served American commerce faithfully for nearly five decades.

For collectors, 2007 pennies represent accessibility combined with historical importance, as they bridge the gap between the classic Memorial era and the modern commemorative period that would soon follow.

Also Read: 10 Most Historic Years of Modern Lincoln Penny (1959-Date)

 

Key Features of the 2007 Penny

Understanding the distinctive characteristics of the 2007 penny is crucial for collectors seeking to distinguish valuable specimens from common circulation finds.

The Obverse of the 2007 Penny

The 2007 penny’s obverse presents Abraham Lincoln’s distinguished right-facing profile, a masterpiece that has remained virtually unchanged since Victor David Brenner’s original 1909 design.

The inscriptions follow time-honored numismatic traditions: “IN GOD WE TRUST” arches gracefully above Lincoln’s head, while “LIBERTY” appears boldly to the left of the portrait, and the date “2007” is positioned clearly on the right side.

The designer’s initials “VDB” rest discretely on Lincoln’s truncated shoulder, restored to this position in 1918 after the controversial removal from the reverse in 1909.

The Reverse of the 2007 Penny

The Lincoln Memorial reverse design, Frank Gasparro’s iconic creation introduced in 1959 to commemorate Lincoln’s sesquicentennial, dominates the coin’s reverse with architectural precision.

The memorial’s colonnade creates a striking focal point, with Lincoln’s statue visible within the structure, making this the first American coin to feature the same person on both sides. The neoclassical monument appears in detailed relief, showcasing the careful craftsmanship that made this design recognizable worldwide.

The inscription “UNITED STATES OF AMERICA” curves along the upper rim, while the denomination “ONE CENT” stretches across the bottom, creating an almost complete text circle within the raised border. The Latin motto “E PLURIBUS UNUM” appears prominently above the Memorial, with centered dots separating the elements for enhanced readability.

Designer Frank Gasparro’s initials “FG” appear subtly to the right of the Memorial’s base, a detail that survived despite Mint officials’ complaints that it resembled “smudges of dirt”.

Other Features of the 2007 Penny

Technically, the 2007 penny adheres to specifications established in 1982: a copper-plated zinc composition consisting of 97.5% zinc core with 2.5% copper coating, precisely calibrated weight of 2.5 grams, standard diameter of 19.05 millimeters, and a smooth, plain edge. These specifications ensure universal compatibility with vending machines and automated counting equipment across America.

Beyond standard varieties, collectors have identified an array of minting anomalies in 2007 pennies, including doubled die varieties affecting both obverse and reverse elements, off-center strikes missing portions of the design, and various struck-through errors from foreign debris.

These error coins represent some of the most accessible modern collectibles, with values ranging from $5 for common BIE varieties to several hundred dollars for dramatic off-center strikes or significant doubled die errors.

 

2007 Penny Mintage & Survival Data

The 2007 penny production demonstrates the diverse collector market that existed during the final Memorial cent era. Philadelphia and Denver dominated circulation with over 3.7 billion and 3.6 billion pieces respectively, representing robust commercial demand as the economy approached the 2008 financial crisis. San Francisco contributed 2.6 million proof coins for collector sets, maintaining the tradition of premium collectibles.

Both Philadelphia and Denver produced identical quantities of 895,628 satin finish pennies exclusively for mint sets, creating instant scarcity compared to billions of regular strikes. These distinctive specimens command premiums of $7-12 in mint state condition, representing accessible modern rarities for budget-conscious collectors.

While survival data remains undocumented for most varieties, the dramatic production differences—billions versus hundreds of thousands—suggest significant long-term collecting opportunities for those focusing on low-mintage specialties.

To understand how 2007 pennies compare against other significant dates and their preservation patterns, explore our comprehensive Lincoln Pennies Survival Ranking (Top 100) for strategic collecting insights and rarity assessments across the entire series.

 

2007 Penny Grading

Grading 2007 Lincoln Memorial cents requires meticulous attention to surface preservation, luster quality, and color designation. Professional graders evaluate three primary factors: surface quality (contact marks and abrasions), luster characteristics, and color retention, with even tiny nicks in open fields potentially costing multiple grading points.

The Memorial reverse demands particular scrutiny—clean, well-defined lines on the steps and architectural details are essential for achieving decent grades, while the Lincoln statue’s visibility within the colonnade serves as a critical diagnostic feature.

Color classifications follow established standards: Red (RD) specimens retain 85-90% original mint color, Red-Brown (RB) coins display at least 15-20% red coloration, while Brown (BN) designates coins with minimal or no red remaining. The copper-plated zinc composition of 2007 pennies makes them particularly susceptible to environmental toning, requiring careful evaluation of natural versus artificial coloration patterns.

For collectors uncertain about their coin’s condition, our CoinValueChecker APP provides instant grading assistance with professional-level accuracy.

Understanding these grading nuances is fundamental to successful collecting—explore our comprehensive guide How to Grade Lincoln Pennies for detailed techniques that maximize your numismatic expertise and investment potential.

 

2007 Penny Value Guides

2007 Penny Types:

• Philadelphia (No Mint Mark) – Regular circulation strike
• Denver (D) – Regular circulation strike
• San Francisco Proof (S) – Deep Cameo collector coins
• Philadelphia Satin Finish – Special mint set exclusive
• Denver Satin Finish (D) – Special mint set exclusive

The 2007 penny series encompasses five distinct varieties, ranging from billions of circulation strikes to scarce collector-only satin finish specimens with microscopic mintages under 900,000 pieces.

 

2007 No Mint Mark Penny Value

The 2007 Philadelphia penny stands as the production giant of its year, with an extraordinary mintage of 3,762,400,000 pieces. This massive production volume makes it the single largest component of 2007 penny circulation, accounting for approximately 50.4% of all regular strikes produced that year.

Unlike the commemorative 2017 pennies that uniquely featured “P” mint marks for Philadelphia’s 225th anniversary celebration, the 2007 pennies maintain the traditional Philadelphia practice of bearing no mint mark, following the historical convention established since the Mint’s founding.

Professional grading services have recorded exceptional examples reaching MS67RD condition, with the finest specimen achieving $230 at auction in 2008, proving that even common-date coins can command significant premiums when preserved in superb condition with original copper-red surfaces intact.