The 1970-S Small Date Lincoln Cent is a subtle yet significant variety in the world of coin collecting. Often overlooked due to its resemblance to the more common Large Date version, this penny can command prices up to $3,000 in pristine condition.
Understanding its unique features and market value can turn an ordinary coin into a collector’s treasure.
Understanding the 1970-S Small Date Penny
Minted at the San Francisco Mint, the 1970-S Small Date penny is part of the Lincoln Memorial Cent series. It is composed of 95% copper and 5% zinc, weighing 3.11 grams with a diameter of 19.00 mm.
The distinguishing feature lies in the date: the top of the “7” aligns with the “1” and “0”, and the word “LIBERTY” appears weaker compared to the Large Date version.
Market Value and Rarity
While the San Francisco Mint produced over 690 million pennies in 1970, only a fraction were the Small Date variety.
This scarcity contributes to its value among collectors. In Mint State 67 Red (MS67 RD) condition, the coin has fetched up to $2,464 at auction. Lower grades still hold significant value, with MS65 RD examples selling for around $110.
Identifying the Small Date Variety
To distinguish the Small Date from the Large Date:
- “7” Alignment: In the Small Date, the top of the “7” is level with the “1” and “0”
- “LIBERTY” Weakness: The inscription appears fainter on the Small Date.
- Overall Appearance: The Small Date has a more delicate and refined look compared to the bolder Large Date.
| Grade | Estimated Value (USD) | Notes |
|---|---|---|
| MS63 RD | $50 | Entry-level uncirculated condition |
| MS65 RD | $110 | Collectible grade with strong demand |
| MS67 RD | $750 – $2,464 | Rare high-grade examples |
| PR69 DCAM | $9,500 | Proof coins with deep cameo finish |
The 1970-S Small Date penny exemplifies how subtle variations can significantly impact a coin’s value. Its rarity and distinct features make it a sought-after piece for collectors.
Whether you’re a seasoned numismatist or a casual enthusiast, keeping an eye out for this hidden gem could prove rewarding.
FAQs
How can I tell if my 1970-S penny is a Small Date?
Check the alignment of the “7” in the date; if it’s level with the “1” and “0”, and “LIBERTY” appears faint, it’s likely a Small Date.
Are all 1970-S pennies valuable?
Not all. Only the Small Date variety in high-grade conditions holds significant value.
Where can I sell a 1970-S Small Date penny?
Reputable coin dealers, auction houses, and online marketplaces specializing in numismatics are good options.