2024 Penny

Modern coin collectors are discovering that 2024 Shield pennies offer fresh opportunities in today’s evolving market. The Union Shield design, introduced in 2010, symbolizes Lincoln’s dedication to preserving American unity during the Civil War, with thirteen vertical stripes representing the original colonies.

Fresh from circulation, 2024 pennies start at $0.37 in good condition, climbing to $3.26 in about uncirculated grade. And the real standout comes from San Francisco’s proof production, where Deep Cameo specimens achieve $32.00.

Driven by new discoveries, the modern penny market often moves faster than collectors expect. Knowing what truly separates a high-value keeper from ordinary change can make the difference between spending and saving a small fortune.

 

2024 Penny Value By Variety

The 2024 Lincoln Shield penny continues America’s longest-running coin design tradition while offering collectors a range of values depending on mint location and condition quality. If you know the grade of your coin, you can find the exact price below in the Value Guides section.

2024 Penny Value Chart

TYPEGOODFINEAUMSPR
2024 No Mint Mark Shield Penny Value (RD)$0.37$1.27$3.26$7.45
2024 D Shield Penny Value (RD)$0.37$1.27$3.26$12.13
2024 S DCAM Shield Penny Value$41.00
Updated: 2025-11-06 10:31:35

Also Read: Top 100 Most Valuable Modern Pennies Worth Money (1959 – Present)

 

History of The 2024 Penny

The 2024 penny continues a design story that began in 2010, when the Union Shield replaced the Lincoln Memorial after 51 years.

The Shield design emerged from controversy—the Commission of Fine Arts initially chose a wheat sheaf design that was withdrawn because it resembled a 1924 German pfennig. The first Shield pennies actually circulated in Puerto Rico in January 2010 due to an acute coin shortage on the island, weeks before the official mainland release.

When the Shield penny debuted, entrepreneurial sellers were quick to capitalize—some rolls sold for $35 at launch ceremonies, with buyers paying up to 70 cents per penny. The Great Recession had caused institutional bank demand for new coins to plummet, making the coins frustratingly hard to find in circulation.

Today’s 2024 penny costs about two cents to produce, continuing a decades-long debate about the coin’s future. Despite predictions that the penny would be discontinued by now, a 2019 survey found 68% of Americans want to keep it—up from 67% in 2012.

The zinc and copper industries, nostalgia, and fears about price rounding have all helped the penny survive into 2024, defying economic logic but maintaining its place in American pockets.

Also Read: Top 100 Rarest Pennies Worth Money (1787 – Present)

 

Is Your 2024 Penny Rare?

11

2024 No Mint Mark Shield Penny (RD)

Common
Ranked 933 in Lincoln Cent (Modern)
12

2024-D Shield Penny (RD)

Common
Ranked 822 in Lincoln Cent (Modern)
13

2024-S DCAM Shield Penny

Common
Ranked 753 in Lincoln Cent (Modern)

To verify specific grades or identify any valuable error varieties that occasionally surface in modern production, our CoinValueChecker App provides comprehensive analysis and current market pricing.

 

Key Features of The 2024 Penny

The 2024 penny represents the 15th year of the Shield reverse design, continuing a tradition that bridges Lincoln’s historic legacy with modern minting technology.

The Obverse Of The 2024 Penny

The Obverse Of The 2024 Penny

The obverse continues to feature Lincoln’s iconic right-facing portrait. The year “2024” appears to Lincoln’s right, while the word “LIBERTY” is inscribed on his left. Above Lincoln’s head, the motto “IN GOD WE TRUST” follows the coin’s edge.

The initials VDB—representing Victor David Brenner, the coin’s original designer—are visible near Lincoln’s shoulder, a detail reintroduced in 1918. Modern striking techniques have given the 2024 penny sharper details than earlier issues, particularly noticeable in Lincoln’s hair and beard features.

The Reverse Of The 2024 Penny

The Reverse Of The 2024 Penny

On the reverse, the Union Shield stands out. A scroll across the shield bears the inscription “ONE CENT.” The initials LB and JFM, for Lyndall Bass and Joseph Menna, flank the shield’s tip.

The shield displays 13 vertical stripes representing the original colonies, topped by a horizontal bar symbolizing federal unity. The Latin phrase “E PLURIBUS UNUM” appears above the shield, while “UNITED STATES OF AMERICA” arcs along the edge. This design, introduced in 2010, replaced the Lincoln Memorial that had graced the reverse for 50 years.

Other Features Of The 2024 Penny

The 2024 penny is made from 97.5% zinc and 2.5% copper, with a weight of 2.50 grams and a diameter of 19.00 millimeters. Circulated examples often develop a brownish or brass tone, while uncirculated coins maintain their distinctive reddish hue. The edge is plain without reeding, and the coin measures 1.52 millimeters in thickness. The current composition has been standard since 1982, when rising copper prices forced the switch from the previous 95% copper alloy.

Also Read: 100 Most Valuable Wheat Pennies Worth Money (1909 to 1958)

 

The Easy Way to Know Your 2024 Penny Value

To determine your 2024 penny’s value, start by examining the mint mark below the date. Most circulated 2024 pennies are worth face value, while mint state examples can range from $3 to $30 depending on their grade.

CoinVaueChecker App 10

The most valuable 2024 pennies are error coins featuring doubled die varieties, die breaks, or other minting flaws that can be worth significantly more. For quick and accurate assessment, use the CoinValueChecker App to identify errors and determine your coin’s grade through instant photo analysis.

CoinValueChecker APP
CoinValueChecker APP Screenshot

 

2024 Penny Value Guides

The U.S. Mint produced 2024 pennies at three facilities, creating distinct varieties for collectors to pursue.

Philadelphia strikes without mint marks entered general circulation alongside Denver’s “D” marked coins, both readily available in everyday transactions. San Francisco exclusively produced proof specimens with Deep Cameo (DCAM) finishes for collectors, featuring frosted designs against mirror-like fields. These proof coins were never released into circulation, making them available only through official mint sets. Each variety shares the same Shield reverse design but differs in production quality and intended purpose.

Available 2024 Penny Varieties:

  • 2024 No Mint Mark Shield (Philadelphia)
  • 2024-D Shield (Denver)
  • 2024-S DCAM Shield (San Francisco Proof)

Also Read: Value Of Old Pennies By Year (1959-Present)

 

2024 No Mint Mark Shield Penny Value

2024 No Mint Mark Shield Penny Value

The 2024 pennies produced at the Philadelphia mint don’t carry a mint mark, making them easy to identify. Philadelphia has traditionally omitted mint marks on its pennies since 1793, except for the special 2017 commemorative year.

The U.S. Mint reported making 3.2 billion pennies in 2024 at mints in Denver and Philadelphia, with these coins accounting for more than half of all new coins made that year. These modern business strikes were minted for everyday use, yet most examples remain in pristine condition due to their recent release.

Let’s examine the market activity that reveals the true market performance of these Philadelphia-minted pennies.

Market activity: 2024 No Mint Mark Shield Penny

Also Read: Lincoln Wheat Penny Value (1909-1958)

 

2024-D Shield Penny Value

2024-D Shield Penny Value

The Denver Mint, on average, produces 10 million coins daily, with 2024-D pennies bearing the distinctive “D” mint mark below the date. The downward production trend continued in 2024, as penny mintages topped out just above 3.22 billion—less than half of 2021 levels and the third consecutive year of decreasing cent production.

The Denver facility’s modern presses strike at 12.5 coins per second, creating pennies that emerge with sharp strikes and pristine surfaces. With nickels and dimes seeing production halts in 2024, pennies continued flowing from Denver’s presses despite costing 3.7 cents to make each one-cent coin.

This production paradox has made 2024-D pennies symbols of both tradition and economic debate, drawing attention from collectors.

2024-D Shield Penny (RD) Price/Grade Chart

Price by 1-70 Grade (Latest Auction Records Included)

Updated: 2025-11-06 10:31:36

The chart below will better help you understand how this coin is performing in the market.

Market activity: 2024-D Shield Penny

 

2024-S DCAM Shield Penny Value

2024-S DCAM Shield Penny Value

The 2024-S proof penny features frosted designs against mirror-like fields, creating the Deep Cameo (DCAM) effect prized by collectors. San Francisco exclusively produces these proof specimens for collectors, never releasing them into circulation.

Unlike the billions of business strikes from Philadelphia and Denver, San Francisco’s limited proof production makes these the scarcest 2024 pennies by default. A collector made headlines in September 2024 when buying a PR70-DCAM penny for $47, demonstrating early collector interest despite the coins’ modern vintage.

The combination of low mintage, perfect strikes, and exclusive availability through mint sets positions these proofs as the premium option among 2024 pennies.

The market activity chart reveals how collectors respond to these exclusive releases throughout the year.

Market activity: 2024-S DCAM Shield Penny

Also Read: Top 100 Most Valuable Modern Pennies Worth Money (1959 – Present)

 

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Rare 2024 Penny Error List

Collecting error coins is one of the most exciting and rewarding ways to build your Lincoln penny collection. Errors happen when flaws or mishaps occur during the minting process, and these unique imperfections can turn an ordinary penny into a valuable treasure.

While there aren’t too many known errors on 2024 pennies yet, the ones that have been discovered are definitely worth chasing. Here are some notable errors from the 2024 penny series:

1. 2024-D Penny Doubled Die Obverse Errors

A doubled die error happens when the die imprints the design onto the blank coin (planchet) multiple times at slightly different angles. This results in noticeable doubling on parts of the design, such as inscriptions and images. On some 2024-D pennies, you might spot doubling on the initials VDB or the word LIBERTY on the obverse. In August 2024, one of these error coins sold for an $117 during an eBay auction.

2. 2024-D Penny Reverse Grease Struck-Through Errors

Another fascinating error in the series is the grease struck-through error. This occurs when grease clogs the die’s details, leading to weak or blurry designs on the coin. In March 2024, Heritage Auctions sold a 2024-D penny with a reverse grease struck-through error for $190, making it one of the most expensive coins of the series.

Also Read: 42 Rare Penny Errors List with Pictures (By Year)

 

Where To Sell Your 2024 Penny?

Whether you have a common circulation strike or a rare error variety, choosing the right platform to sell your 2024 pennies can significantly impact your return. Consider your penny’s condition, variety, and current market demand when selecting your selling venue to maximize your profit potential.

Check out now: Best Places To Sell Coins Online (Pros & Cons)

 

2024 Penny Market Trend

Market Interest Trend Chart - 2024 Penny

*Market Trend Chart showing the number of people paying attention to this coin.

 

FAQ About The 2024 Penny

1. How much is a penny from 2024 worth?

Generally, a 2024 penny is worth its face value of $0.01. However, Mint State coins in pristine condition can range from $3 to $30 depending on their grade.

2. Is a 2024-S penny rare?

Yes, proof pennies minted in San Francisco are quite scarce. The U.S. Mint produces a limited number of these coins, specifically designed for collectors.

3. Which 2024 shield penny is valuable?

The most valuable 2024 pennies are error coins. These unique pieces, marked by minting flaws, can fetch much higher prices than ordinary coins. If you find an error penny, you might just have a small fortune in your hands!

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