1993 Lincoln penny obverse and reverse showing Lincoln portrait and Lincoln Memorial design

The 1993 Penny Value Guide: From 1¢ to $51,750

A rare 1993-D mule error — struck with a Roosevelt dime reverse die — sold for $51,750 at Heritage Auctions. Regular MS69 Red examples have fetched up to $4,600. Most circulated 1993 pennies are worth one cent, but the right combination of mint, condition, and error variety can make yours a genuine find. Use the tools below to check yours in seconds.

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$51,750
All-time record (1993-D mule error, Heritage 2010)
12.1B
Total 1993 pennies minted (Philadelphia + Denver)
$4,600
Top business-strike sale (1993-D MS69 RD, 2010)
3
Mint marks to check: none (P), D, and S (proof)

1993-D Close AM Penny Self-Checker

The 1993-D Close AM is the most sought-after regular variety from this year. Check the four diagnostic points below to see if your coin matches.

Side-by-side comparison of 1993 penny Wide AM (common) vs Close AM (rare variety) in AMERICA inscription
Common — Standard Wide AM

A and M in AMERICA have a clear, visible gap. Under a 5× loupe, you can easily fit a line of white space between the two letters. This is how virtually all 1993 pennies look — both Philadelphia and Denver issues.

Rare — Close AM Variety (1993-D only)

A and M in AMERICA nearly touch or share only a tiny hairline gap. This is caused by a proof reverse die (RDV-006) being used on business-strike coins. Only found on Denver (D) mint coins — check your mint mark first.

4-Point Close AM Checklist

Describe Your 1993 Penny for a Detailed Assessment

Type a description of your coin below and our analyzer will identify key variety markers and give you a tailored value summary.

Mention these things if you can

  • Mint mark (D, S, or none)
  • Color — red, brown, or mixed?
  • Any doubling in LIBERTY or date
  • AM spacing in AMERICA
  • Any off-center strike?

Also helpful

  • Raised lines or die cracks visible
  • Any plating bubbles or zinc spots
  • How coin was stored
  • Whether it came from a mint set
  • Overall grade estimate (if known)

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Free 1993 Penny Value Calculator

Follow the three steps below. The wizard walks you through mint mark, condition, and known errors — then gives you an instant value estimate.

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Step 1 of 3 — Choose Mint Mark
Step 2 of 3 — Choose Condition
Step 3 of 3 — Select Any Known Errors

If you're not sure about your coin's mint mark or condition yet, the 1993 Penny Coin Value Checker online tool lets you upload photos of your coin for an AI-powered read before you dig into the details here.

Quick Navigation — 1993 Penny Complete Guide

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The Valuable 1993 Penny Errors — Complete Guide

The 1993 Lincoln cent has five collector-documented varieties and errors worth knowing. Three involve die-level mistakes, one is a catastrophic production error, and one requires a sharp eye and a loupe. The cards below cover each in detail — ranked from the all-time legend down to the cherrypicker's favorite.

1993-D mule error penny reverse showing Roosevelt dime design instead of Lincoln Memorial Rarest
$20,000 – $51,750+

1993-D Mule Error (Roosevelt Dime Reverse)

The 1993-D mule error stands as the most spectacular modern mint mistake on a Lincoln cent. At the Denver Mint, a Roosevelt dime reverse die was accidentally paired with a Lincoln penny obverse die — producing a coin that shows Lincoln's portrait on one side and the dime's iconic torch-and-branches design on the other. This die pairing should be physically impossible given the different collar and planchet sizes, making its existence a genuine production anomaly.

Visually, the reverse is unmistakable: instead of the Lincoln Memorial, you see the Roosevelt dime's flame torch flanked by an olive branch and an oak branch. The overall appearance is deeply wrong in a way visible to the naked eye. The coin's surfaces will not align correctly with standard Lincoln cent die geometry, adding further authentication markers visible to specialists.

The single confirmed example was graded PCGS MS65 Red, indicating the coin survived in exceptional condition despite its extraordinary origin. Collector demand for unique mule errors is ferocious — the coin realized $51,750 at Heritage Auctions in 2010. Even heavily worn examples, should they surface, would attract five-figure bids based on the error's singularity alone.

How to spot it

Flip the coin to the reverse. If you see a torch, olive branch, and oak branch instead of the Lincoln Memorial building, you have a mule error. No loupe needed — the wrong design is visible to the naked eye.

Mint mark

Denver (D) only — the only known example was struck at the Denver Mint in 1993.

Notable

The sole certified example, PCGS MS65 RD, sold for $51,750 at Heritage Auctions in January 2010 — the all-time record for any 1993 Lincoln cent at any auction venue.

1993-D Close AM variety — extreme close-up of AM in AMERICA showing letters nearly touching Most Famous
$50 – $300+

1993-D Close AM Variety

The 1993-D Close AM is the most actively hunted Lincoln cent variety from the 1990s. It occurred when a proof reverse die (designated RDV-006, designed for collector proof sets) was accidentally used during business-strike production at the Denver Mint. Proof dies are prepared and hubbed differently from business-strike dies, producing subtly sharper lettering and — most importantly — the Close AM spacing that defines proof coinage of this era.

Identifying the Close AM requires looking at the reverse word AMERICA under at least 5× magnification. On a standard 1993-D penny, the letter A and the letter M have a distinct, clearly visible gap between them — the Wide AM configuration. On the Close AM variety, those two letters nearly touch, with only the thinnest line of space visible or none at all. The difference is reliable and consistent across all known examples of this variety.

Value for the Close AM scales sharply with grade and Red designation. Circulated examples with wear start around $50 for entry-level collectors. Uncirculated examples in MS63 bring $100–$150, while pristine MS65 Red examples have sold for $150–$250 or more at specialist auctions. The variety remains undervalued relative to its scarcity because many examples still sit undetected in dealer stock.

How to spot it

Use a 5× or 10× loupe on the reverse word AMERICA. The letters A and M should appear nearly touching or sharing only a hairline gap. Confirm the mint mark is a D below the date on the obverse.

Mint mark

Denver (D) only — the Close AM configuration results from proof dies and is documented exclusively on 1993-D business strikes.

Notable

This variety is a cherrypicker's target cataloged by specialists under the RDV-006 reverse die designation. MS65 RD examples have realized $150–$250 at collector auctions, with higher grades theoretically worth significantly more.

1993 penny Doubled Die Obverse showing doubling in LIBERTY lettering visible under magnification Most Valuable (errors)
$20 – $150+

1993 Penny Doubled Die Obverse (DDO)

Doubled Die Obverse errors on 1993 Lincoln cents result from a die that was hubbed more than once with slight misalignment between impressions. During the die manufacturing process, the working hub is pressed into the working die under enormous pressure; if the die shifts between impressions, all subsequent coins struck from that die will show doubling on the obverse design elements. The 1993 DDO varieties are classified as minor — they require magnification to see clearly, unlike the dramatic 1955 or 1972 doubled dies.

Look for doubling in the word LIBERTY on the obverse, particularly in the letters L, I, B, and E. The motto IN GOD WE TRUST may also show secondary impressions. Under a 10× loupe, affected letters appear to have a raised shadow or shelf on one side rather than crisp, single-edge definition. Machine doubling (a common lookalike) appears flat and shelf-like without the rounded secondary element that characterizes true hub doubling.

Value depends heavily on the severity of doubling and the coin's grade and color. Minor DDO varieties with subtle doubling in MS63 RD bring $20–$50. More pronounced examples in gem grades can reach $100–$150 among variety specialists. Because the 1993 DDO varieties are not listed in mainstream PCGS or NGC price guides, authentication by a specialist is advisable before submitting for grading.

How to spot it

Use a 10× loupe on the word LIBERTY and IN GOD WE TRUST on the obverse. Genuine hub doubling shows a rounded secondary element on the same side of each letter, distinct from flat machine-doubling shelving.

Mint mark

Both Philadelphia (no mark) and Denver (D) issues — DDO varieties have been reported on both business-strike mints for 1993.

Notable

The 1993-D also has cataloged Doubled Die Reverse varieties (WDDR-001, WDDR-002, WDDR-006) showing doubling in the Memorial columns, valued at $15–$125 depending on grade — cherrypicker appeal only.

1993 penny off-center strike error showing misaligned strike with blank planchet area visible Best Kept Secret
$15 – $100+

1993 Penny Off-Center Strike Error

Off-center strikes occur when a planchet fails to seat properly in the press collar before the dies close, causing the design to be impressed off the center of the coin. The result is a crescent of unstruck, blank planchet visible at one edge while the opposite side shows the full or nearly full design. These errors occur sporadically throughout any mint's production run and are not tied to a specific die or date — they are purely mechanical mishaps caught (or missed) during production quality control.

Severity is measured as a percentage of the design that is off-center. A 5% off-center shows minimal shift — barely visible without measurement. A 25% off-center is clearly visible with a meaningful crescent of blank metal. A 50% off-center leaves only half the design, though the date and mint mark may still be readable. Collectors and dealers place the highest value on examples with 20–50% misalignment where the date and mint mark remain fully legible, since those details confirm the coin's identity.

For 1993 pennies, minor 5–10% off-center strikes bring $5–$15 with minimal collector interest. The sweet spot — 15–25% off-center with a full readable date — fetches $15–$30. Dramatic examples at 50% off-center with a clear date and D mint mark can reach $50–$100 or more depending on eye appeal and surface quality. The D mint mark adds modest extra interest given the Close AM and mule error connection to that facility.

How to spot it

Look for a visible crescent of blank, unstruck metal at one edge of the coin and a corresponding shift of the design toward the opposite edge. The coin should also be slightly thicker at the struck edge due to collar engagement.

Mint mark

Both Philadelphia and Denver — off-center strikes occur at either facility. Denver examples get marginally higher interest among variety collectors.

Notable

The most desirable examples are 50%+ off-center with full date and mint mark intact. A 1993 (P) double-struck example displaced 80% off-center was documented by NGC but received no numeric grade due to surface issues.

1993 penny BIE die crack error showing raised line between B and E in LIBERTY resembling the letter I Cherrypicker's Pick
$3 – $25

1993 Penny BIE Die Crack Error

BIE errors are a beloved category of Lincoln cent die crack varieties named for the raised line that appears between the letters B and E in the word LIBERTY on the obverse. When a working die develops a crack in that specific location, subsequent strikes raise a thin metallic fin of copper-plating that resembles the letter I, creating the illusion that the word reads "BIERTY." These cracks typically develop after extensive die use as the steel fatigues under repeated striking pressure, meaning they appear on coins struck later in the die's production life.

The BIE designation is casual numismatic shorthand, not an official PCGS or NGC variety designation. Under a 5× loupe, the "I" appears as a raised, slightly curved or straight line between B and E. It may be thin and hairlike in early stages or broad and dramatic in advanced die states. The crack may also extend into adjacent areas of the field or connect to other crack lines, adding visual interest. Identifying a BIE on a 1993 penny is straightforward — the raised letter I where none should be is unmistakable.

These errors carry modest but consistent collector premiums, largely because they are visually obvious, clearly explained to non-specialists, and affordable. A basic BIE on a circulated 1993 penny brings $3–$10 depending on the crack's size and the coin's overall appeal. Uncirculated examples in MS63 or better with a prominent BIE can fetch $10–$25 among Lincoln cent specialists who appreciate die-state collecting. The error is far more common than the Close AM but makes an excellent entry point for new error collectors.

How to spot it

Use a 5× or 10× loupe on the word LIBERTY on the obverse. Look for a raised, thin line between the letters B and E that resembles a capital letter I — this is the die crack finger-print. The line is raised, not incuse.

Mint mark

Both Philadelphia and Denver — BIE die cracks have been reported on 1993 cents from both mints and are not limited to either facility.

Notable

BIE errors on Lincoln cents are cataloged by enthusiasts on dedicated variety registry sites. While not assigned PCGS or NGC variety designations, robust secondary market for these exists in online forums and Lincoln cent specialty auctions.

Found one of these errors on your coin? Enter your mint mark, condition, and error type into the calculator for an instant dollar estimate.

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1993 Penny Value Chart at a Glance

The table below covers all major varieties and conditions. For a deeper look at grading and identifying which column your coin falls into, the in-depth 1993 penny identification guide and value breakdown provides photo examples of each grade tier. Highlighted rows indicate the signature Close AM variety (gold) and the rarest mule error (orange).

Variety Worn / Circ. AU Unc. (MS63–65 RD) Gem (MS67 RD+)
1993 (P) — No Mint Mark Face value $1–$2 $1–$12 $25–$3,375+
1993-D — Denver Face value $1–$2 $1–$10 $22–$4,600+
1993-S — Proof (PR65 DCAM) N/A N/A $3–$8 (PR65) $18–$650 (PR70)
1993-D Close AM ⭐ $50–$100 $100–$150 $150–$250 $250–$500+
1993 DDO (Doubled Die Obv.) $20–$40 $40–$75 $75–$100 $100–$150+
1993 Off-Center Strike (25%+) $15–$30 $30–$60 $50–$100 Varies
1993-D Mule Error 🔥 $20,000 – $51,750 (single known example, PCGS MS65 RD)

⭐ = Signature Close AM variety  |  🔥 = Rarest variety  |  All RD (Red) designation unless noted. Circulated examples of regular strikes are worth face value only. Values based on PCGS/NGC auction data.

🪙 CoinKnow lets you scan your 1993 penny with your phone camera and cross-check its color designation and grade estimate against certified auction results in seconds — a coin identifier and value app.

1993 Lincoln penny group showing all three mint marks — Philadelphia no mark, Denver D, and San Francisco S proof

1993 Penny Mintage & Survival Data

Three mints produced 1993 Lincoln cents. The combined business-strike total exceeds 12 billion — making circulated examples extremely common — but the copper-plated zinc composition means pristine survivors are rarer than the raw mintage suggests.

Mint Mint Mark Mintage Type Survival Note
Philadelphia None 5,684,705,000 Business Strike ~37% estimated survival; gem RD examples extremely scarce
Denver D 6,426,650,571 Business Strike ~33% estimated survival; host to Close AM and mule error
San Francisco S 3,394,792 Proof Only ~86% survival; most in PR69 DCAM; PR70 DCAM scarce
Total 12,114,750,363 One of the highest combined mintage years for Lincoln cents
Composition specs: The 1993 Lincoln cent is composed of 99.2% zinc core with a 0.8% copper outer plating. Weight: 2.50 grams. Diameter: 19.00 mm. Edge: plain. Designer: Victor David Brenner (obverse) / Frank Gasparro (reverse). This zinc-core composition, introduced in 1982, is inherently unstable — the thin copper plating is vulnerable to porosity, spotting, and zinc corrosion ("zinc rot"), which is why gem-quality full-Red survivors are so condition-rare despite the enormous mintage.

How to Grade Your 1993 Lincoln Penny

Grading a 1993 penny means evaluating three things simultaneously: wear (or its absence), contact marks in the fields, and color designation. The copper-plated zinc composition adds a fourth dimension — surface integrity — that makes grading these coins different from earlier solid-copper cents.

1993 penny grading strip showing four condition tiers from worn circulated to gem uncirculated MS RD
Worn
G4 – VF35
Lincoln's cheekbone and Memorial columns show flat high points. Color is usually brown (BN). Worth face value only — one cent. No collector premium regardless of mint mark.
Circulated
EF40 – AU58
Slight wear on highest points; some luster in protected areas. May be RB or BN color. Worth $1–$2 at AU58. Still face value for most; AU with error adds premium.
Uncirculated
MS60 – MS65 RD
No wear but contact marks visible. Full Red (RD) designation critical. MS63 RD ~$1–$3; MS65 RD $6–$12. Plating defects or spots will drop color to RB, severely reducing value.
Gem
MS66–MS69 RD
Near-flawless surfaces with full original red luster. MS67 RD $25–$40. MS68 RD $90–$150. MS69 RD has sold for $3,375–$4,600. Extremely difficult due to zinc composition instability.
Pro Tip — Color Designation is Everything: Unlike earlier solid-copper cents, the 1993 penny's value "hockey-sticks" only at MS67 RD or higher. An MS67 BN (brown) brings just $5–$8, while an MS67 RD brings $25–$40 — the same grade point, five times the value difference. Always check color under natural daylight or a neutral LED bulb before estimating value. Any coin appearing to be MS66 RD or better is worth a PCGS or NGC submission.

📱 CoinKnow helps you match your 1993 penny's condition to photo examples of certified PCGS grades — upload your coin image and compare against documented MS specimens — a coin identifier and value app.

Where to Sell Your Valuable 1993 Penny

The best venue depends on your coin's value tier. A Close AM variety or gem-grade RD coin deserves a different platform than a circulated regular strike.

🏆 Heritage Auctions

The top destination for rare 1993 penny errors and gem-grade examples. Heritage reached the $51,750 mule error sale and the $3,375 MS69 RD record. Their numismatic specialists attract serious collectors globally. Best for: any coin worth $200+, especially certified errors. Expect 15–20% seller's commission but the widest bidder audience in the hobby.

📦 eBay

Completed recently sold 1993 Lincoln penny prices and auction comps on eBay reveal real-time market values for all grades. Mid-grade certified Close AM examples (MS63–MS65 RD) often sell at strong prices here. Stick to PCGS- or NGC-certified coins for best results; clear macro photos are essential. Fees run 12–15% of final value.

🏪 Local Coin Shop

Ideal for quick, hassle-free sales of lower-value coins — die cracks, off-center strikes under $50, or AU examples. Dealers typically offer 50–60% of retail value since they need margin to resell. Bring comparable eBay sold listings to negotiate. A reputable shop is also a good first stop for a free opinion on whether your coin is worth professional grading.

💬 Reddit r/Coins4Sale

A growing collector-to-collector marketplace with zero seller fees and a community of genuine Lincoln cent enthusiasts. Works best for coins in the $20–$200 range — Close AM varieties, BIE errors, and gem singles. Requires clear photos, honest descriptions, and PayPal Goods & Services for buyer protection. The Lincoln cent collecting community on Reddit is active and knowledgeable.

Get it certified before you sell: Any 1993 penny you believe grades MS66 RD or higher, or any error coin (DDO, Close AM, off-center strike), should be submitted to PCGS or NGC before listing. A PCGS MS67 RD slab typically sells for $35–$40 on eBay; the same raw coin might fetch $10–$15. Grading fees (typically $20–$30 at economy service) pay for themselves at these grade levels. Heritage Auctions requires certification for significant error coins and high-grade submissions.

Frequently Asked Questions — 1993 Penny Value

How much is a 1993 penny worth?
Most circulated 1993 pennies are worth only face value — one cent. Uncirculated examples start around $1–$3 at MS63 and rise steeply with grade and color designation. A fully Red (RD) MS67 example is worth $25–$40, an MS68 RD reaches $90–$150, and an MS69 RD has sold for $3,375–$4,600. Error coins like the Close AM variety add significant premiums.
What is the most valuable 1993 penny ever sold?
The most valuable 1993 penny is the 1993-D mule error — a Lincoln cent obverse accidentally paired with a Roosevelt dime reverse die at the Denver Mint. The single known PCGS MS65 Red example sold for $51,750 at Heritage Auctions in 2010. For regular business strikes, the top sale is a 1993-D MS69 RD that realized $4,600 at the Bowers and Merena Baltimore auction in June 2010.
What is the 1993 Close AM penny and what is it worth?
The 1993-D Close AM variety occurred when proof reverse dies were accidentally used on business-strike coins. On reverse, the letters 'A' and 'M' in AMERICA appear nearly touching rather than distinctly spaced. Lower-grade circulated examples sell for $50–$100, while pristine MS65 Red specimens typically fetch $150–$250. This is the most talked-about Lincoln cent variety from 1993 and a top cherrypicker target.
What does RD, RB, and BN mean on a 1993 penny?
These are color designations assigned by PCGS and NGC to copper-plated coins. RD (Red) means at least 95% original mint luster is intact — the highest premium tier for 1993 pennies. RB (Red-Brown) means the coin is 15–95% red. BN (Brown) means the coin is mostly toned. For 1993 pennies, only RD coins at MS67 and above carry meaningful collector premiums; RB and BN examples are usually worth face value or modest amounts.
How many 1993 pennies were minted?
The Philadelphia Mint produced 5,684,705,000 pennies in 1993 (no mint mark). Denver struck 6,426,650,571 coins (D mint mark), making it the highest-mintage variety that year. The San Francisco Mint produced 3,394,792 proof coins (S mint mark) for collector sets only. The combined business-strike total exceeds 12.1 billion — one of the highest production years for Lincoln cents.
Is a 1993-D penny worth more than a 1993 no-mint-mark penny?
In lower circulated grades, both are worth face value. In high Mint State grades with full Red designation, the 1993-D has a slight edge — its MS69 RD auction record ($4,600) exceeds Philadelphia's ($3,375). More importantly, the 1993-D is the only issue where the famous Close AM variety and the mule error exist, which significantly increases the D-mint's collector interest relative to the Philadelphia issue.
What errors should I look for on a 1993 penny?
The top errors to check are: (1) 1993-D Close AM — proof die used on business strikes, 'A' and 'M' nearly touching in AMERICA; (2) 1993-D Mule Error — Roosevelt dime reverse on a Lincoln cent (extremely rare); (3) Doubled Die Obverse — doubling visible in LIBERTY or IN GOD WE TRUST; (4) Off-Center Strikes — part of design missing due to misaligned strike; (5) BIE errors — a raised line resembling an 'I' between B and E in LIBERTY from a cracked die.
What is zinc rot and how does it affect my 1993 penny's value?
Zinc rot, formally called porosity or plating corrosion, occurs when the thin copper plating on a 1993 penny's zinc core is breached, allowing oxygen and moisture to corrode the underlying zinc. This creates bubbling, pitting, or whitish spots on the surface. Even small plating defects will drop a coin from RD to RB or BN designation and drastically reduce value. An MS67 RD is worth $25–$40; the same coin with zinc rot may bring only face value.
How do I grade my 1993 penny at home?
Start by checking if the coin was ever spent (any wear under magnification = circulated = face value). For uncirculated coins, assess color: fully red (RD) is the goal. Look for contact marks in open fields under a 10× loupe — fewer marks mean higher grade. Check for plating issues like spots or bubbles. An MS63 has scattered marks but no wear; MS65 has minimal marks and strong luster; MS67 is essentially mark-free with full original red color.
Where is the best place to sell a valuable 1993 penny?
For coins worth over $100 — especially error varieties or high-grade RD examples — Heritage Auctions or Stack's Bowers reach the widest collector audience and typically deliver the best realized prices. eBay works well for mid-grade certified coins with strong photos. Local coin shops offer instant payment but usually at wholesale prices. Get PCGS or NGC certification before selling any 1993 penny you believe grades MS67 RD or higher, or any error coin.

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