Have you ever wondered if a penny in your pocket might be worth thousands? The 1970-S Small Date Lincoln cent is one such coin. It’s a rare U.S. penny variety that can fetch a high price if correctly identified. While millions of 1970-S pennies were minted, only a small portion have the “Small Date” feature, making them valuable to coin collectors and dealers alike.
1970-S Small Date Lincoln Cent
The 1970-S Small Date penny is a rare variety of the Lincoln cent minted at the San Francisco Mint. The main difference lies in the date design — specifically how the numbers in “1970” appear. The “S” mintmark stands for San Francisco, and the unique date style on some of these coins makes them much harder to find compared to the common Large Date version.
How to Identify the 1970-S Small Date Penny
To identify a 1970-S Small Date penny, examine the shape and position of the digits in the year. The “7” in the small date version sits level with the “0,” and the overall date appears smaller and more compact. Additionally, the word “LIBERTY” looks weaker or less defined. You can use a magnifying glass or even a phone camera to spot these subtle differences.
What Makes This Penny Valuable?
This coin is valuable due to its rarity and the challenge of identification. Many people overlook these coins because the difference between Small and Large Date is so slight. Collectors value coins that are rare and hard to find, especially when they are part of a known variety with low mintage numbers like this one.
How Much Can It Be Worth?
A 1970-S Small Date penny can be worth anywhere between ₹5,000 to over ₹70,000 depending on its condition and if it’s certified by a coin grading company. Coins that are uncirculated or in pristine condition are more valuable and sought-after by collectors.
Where Can You Find One?
Start by checking old jars, inherited coin collections, or even rolls of pennies from banks. Focus on coins marked 1970 with an “S” mintmark. Take your time when examining the date – many people have discovered this treasure simply by paying close attention to the fine details.
The 1970-S Small Date penny is a perfect example of how a minor design variation can result in major value. With some patience and a sharp eye, you might find one of these rare coins in your spare change. Whether you’re a beginner or an experienced collector, this is one penny that’s definitely worth looking out for!
FAQ’s:
How do I know if my 1970-S penny is the Small Date?
Look closely at the “7” in the year — it should be level with the “0.” Also, the word “LIBERTY” may appear faint or less sharp.
Why is the 1970-S Small Date penny considered rare?
It was produced in limited numbers and is often mistaken for the common Large Date version, making it harder to find.
What is the value of a 1970-S Small Date penny in good condition?
Depending on its condition, it can be worth ₹5,000 to ₹70,000 or more, especially if graded and certified.
Should I get the coin professionally graded?
Yes, professional grading confirms authenticity and can significantly increase the resale value of your coin.
Where can I sell a rare 1970-S Small Date penny?
You can sell it to coin dealers, at coin shows, or through online marketplaces like eBay after getting it authenticated.