Lincoln Memorial Cent · Three Mint Varieties · 95% Copper
The copper cent struck during an era of coin shortages — and home to one of the rarest modern doubled die errors in U.S. history.
5.6B+
Total Minted
3 Mints
P · D · S
$18,400
DDO Top Auction
5
Error Types
The 1970 penny emerged during one of the most turbulent moments in American monetary history. Surging copper prices driven by Vietnam War demands and global industrial growth triggered severe coin shortages nationwide, forcing the U.S. Mint to work at maximum capacity across all three facilities. Nearly 5.6 billion Lincoln Memorial cents were produced that year — yet the production pressures that drove this record output also created the conditions for some of the most sought-after modern error varieties. For comprehensive 1970 Penny Value data including certified population reports and real-time auction comparisons, professional authentication remains essential for any coin potentially exceeding $100.
For most collectors, a circulated 1970 penny is worth little more than face value. But the 1970-S Small Date, especially in proof or high mint-state grades, and the rare 1970-S doubled die obverse, place this year among the most rewarding Lincoln Memorial cents to examine carefully.
Three questions to answer before diving deeper
🔴
Find the Mint Mark
Look below the date. An S means San Francisco — the most valuable mint. Then determine: is the date Small Date or Large Date? That distinction alone can change value tenfold.
🟡
Check for Doubling Under 10x
Examine LIBERTY and IN GOD WE TRUST for separated, raised letter impressions. Genuine hub doubling on the 1970-S can be worth thousands — machine doubling is worthless.
🟢
Grade the Color
Full red luster dramatically increases value. An MS-67+ RD 1970-D sold for $2,820. Brown circulated examples from any mint are typically worth face value only.
| What You See | Likely Scenario | Estimated Value | Next Step |
|---|---|---|---|
| Strong doubling on LIBERTY / date, S mint | 1970-S DDO ⭐ | $15,000–$18,400+ | Expert authentication immediately |
| S mint, high 7 aligned with digits, weak LIBERTY | 1970-S Small Date | $10–$700+ (MS67) | Confirm variety, grade & attribute |
| Proof coin, S mint, deep mirror surfaces | 1970-S Proof (Small Date) | $50–$18,400 | PCGS/NGC authentication essential |
| Roof of Memorial appears detached from columns | Floating Roof variety | $5–$100+ | Magnify, compare severity, grade |
| Full red luster, MS-65 RD or better | Premium mint state | $15–$2,820 | Submit for grading |
| Normal copper, worn, any mint | Common circulated | $0.01–$0.25 | Keep for type / date sets |
Three mints — with a critical Small Date / Large Date split at San Francisco
| Variety | Mint Mark | Mintage | Rarity | Key Notes |
|---|---|---|---|---|
| 1970-P | None | 2,891,438,900 | Very Common | Circulated worth face value; high-grade RD commands modest premiums |
| 1970-D | D | 2,891,438,900 | Very Common | MS-67+ RD record: $2,820; off-center errors appear more frequently |
| 1970-S Large Date | S | 693,192,814 | Common | Low 7 in date; MS-67+ RD record: $1,500 |
| 1970-S Small Date | S | ~Est. scarce subset | Scarce | High 7, weak LIBERTY; MS-67 RD ~$700; proof record $18,400 |
| 1970-S Proof | S | 2,632,810 | Uncommon | Both Small & Large Date proofs exist; Small Date proofs most valuable |
Prices based on verified auction records — RD = Red, RB = Red-Brown, BN = Brown
| Grade | 1970-P | 1970-D |
|---|---|---|
| Circulated (G–AU) | $0.01–$0.25 | $0.01–$0.25 |
| MS-63 RB | $0.50–$1 | $0.50–$1 |
| MS-65 RD | $5–$10 | $5–$10 |
| MS-66 RD | $15–$20 | $15–$20 |
| MS-67 RD | $100–$200 | $100–$250 |
| MS-67+ RD (auction record) | — | $2,820 (2016) |
| Grade | Large Date | Small Date | Proof (Small Date) |
|---|---|---|---|
| Circulated | $0.25–$1 | $10–$18 | — |
| MS-63 RB / PR-63 | $2–$5 | $25–$35 | $35–$60 |
| MS-65 / PR-65 RD | $10–$15 | $50–$70 | $100–$135 |
| MS-67 / PR-67 RD | $200–$400 | $500–$700 | $500–$800 |
| Record Sale | $1,500 (MS67+ RD, 2019) | $2,464 (MS67, 2008) | $18,400 (PR69, 2005) |
How to tell Small Date from Large Date — a difference worth hundreds of dollars
▷ Why It Matters
The 1970-S Small Date is significantly rarer than the Large Date. A circulated Small Date starts at $10–$18 while a circulated Large Date barely exceeds face value. In proof grades, a PR-69 Small Date sold for $18,400 in 2005. Learning to distinguish them takes only a magnifier and this guide.
Height of the “7”
Small Date: The top of the 7 sits level with — or slightly higher than — the tops of the 1, 9, and 0. Large Date: The 7 sits noticeably lower, with its top well below the other numerals.
Tail of the “9”
Small Date: The inner loop of the 9 tapers to a sharp point and curves upward toward the 7. Large Date: The 9 tail is rounder and less pointed, curving toward the base of the 7.
LIBERTY Inscription
Small Date: The word LIBERTY typically appears weak, soft, or “mushy” due to the finer punch used. Large Date: LIBERTY is crisp and sharply defined.
Authentication Recommendation
Any 1970-S penny you believe is a Small Date and worth $100 or more should be submitted to PCGS or NGC for certification. Slabbed Small Dates sell for significant premiums over raw examples.
Five documented error types — from affordable clipped planchets to an $18,400 doubled die proof
Production pressures in 1970 across all three mint facilities created ideal conditions for a variety of striking and die errors. The most coveted is the 1970-S Doubled Die Obverse, documented by PCGS CoinFacts as one of the rarest modern error coins in the Lincoln Memorial cent series. Understanding what each error type looks like — and what it is actually worth — helps collectors separate genuine finds from common damage.
| # | Error Type | Rarity | Circulated | MS / Uncirculated |
|---|---|---|---|---|
| 1 | Doubled Die Obverse (DDO) ⭐ | Extremely Rare (1970-S) | $200–$2,000+ | $15,000–$18,400+ |
| 2 | Floating Roof | Uncommon | $5–$20 | $25–$100+ |
| 3 | Off-Center Strike | Occasional | $10–$150 | $75–$500+ |
| 4 | Cud Error (Die Break) | Common (minor) | $15–$150 | $50–$400+ |
| 5 | Clipped Planchet | Occasional | $5–$75 | $20–$150 |
The rarest modern Lincoln cent error — hub doubling on LIBERTY, date & IN GOD WE TRUST
1970-S DDO — doubling visible on LIBERTY, date numerals, and motto inscriptions
The doubled die obverse represents the most significant and valuable error found on 1970 Lincoln cents. This manufacturing defect occurs during die production when the working hub strikes the die multiple times with slight misalignment between impressions, creating visible doubling on design elements including the date, LIBERTY, and IN GOD WE TRUST. The 1970-S DDO stands as one of the rarest modern error varieties, with so few authenticated examples that standard price guides cannot establish consistent market values.
How to identify: Examine obverse inscriptions with 10–20x magnification • Strong doubled dies show complete secondary impressions on letter forms, creating notched serifs or split characters • Focus on date digits — the 1, 9, and 7 frequently display the clearest doubling • Check LIBERTY for separation in vertical strokes of L and T • Distinguish genuine hub doubling from worthless machine doubling by confirming consistent sharp doubling across multiple design elements
Value: $200–$2,000+ (circulated varieties) — up to $18,400 (1970-S proof DDO, 2005)
Die over-polishing creates the illusion of the Memorial roof suspended above its columns
1970 Floating Roof — gap between Memorial roof and column capitals, FG initials may be missing
The floating roof error stands as one of the most recognizable die varieties specific to 1970 Lincoln Memorial cents. This visual anomaly occurs when excessive die polishing removes metal from recessed areas between the Memorial's roof and columns, creating the optical illusion that the roof structure floats detached from its supporting architecture. Floating roof varieties appear most prominently on 1970-S and 1970-D cents, with varying degrees of severity affecting collector desirability.
How to identify: Examine the reverse Memorial design under strong magnification and angled lighting • A floating roof displays visible gaps or missing connection points between the roof and columns • Check for the accompanying absence of FG designer initials to the right of the Memorial • Most desirable specimens show the roof completely separated with clear space visible between architectural elements • Compare against reference images to gauge severity level
Value: $5–$20 (minor) — $25–$100+ (dramatic with missing FG initials)
Misaligned planchet creates partial design with blank crescent — most common from Denver
1970 Off-Center Strike — visible blank crescent, date retained on partial design
Off-center strike errors develop when the blank planchet fails to seat properly between the dies during striking. Rather than centered alignment producing a uniform coin, the misaligned blank receives only a partial impression, creating dramatic errors where design elements extend beyond the planchet edge while opposite areas remain blank. 1970-D off-center strikes appear more frequently in the marketplace than Philadelphia or San Francisco examples.
How to identify: Rotate the coin to identify how much of the design extends beyond the planchet boundary • The most valuable off-center strikes show 15–40% misalignment while retaining a fully visible date • Verify the off-center striking affected both obverse and reverse identically • Examine the blank crescent area for natural planchet texture • Coins missing dates command significantly lower premiums unless dramatically off-center (75%+)
Value: $10–$30 (5–10%) — $50–$150 (10–25%, date visible) — $150–$500+ (25–50%, date visible)
Catastrophic die failure creates raised featureless blob at the coin rim
1970 Cud Error — raised featureless metal blob extending inward from the rim
Cud errors develop through catastrophic die failure when a section of the die edge breaks completely away from the rim area. During subsequent striking operations, metal flows unrestricted into the void, producing a raised blob of featureless metal extending from the coin rim inward. Cuds vary from minor rim breaks to major failures consuming significant portions of the design, with each representing a unique error variety.
How to identify: Examine the coin rim carefully for raised, featureless blobs extending inward from the edge • Genuine cuds connect directly to the rim and show a flat, raised surface lacking any design impression • Check the opposite side for corresponding weakness in the same location • Cuds covering letters in LIBERTY or UNITED STATES command higher premiums • Distinguish cuds from retained cuds, where the die piece cracked but remained in position
Value: $15–$40 (small rim cud) — $50–$150 (medium, affecting letters) — $150–$400+ (large, major design elements)
Incomplete circular blank from the punching operation — an affordable entry into error collecting
1970 Clipped Planchet — smooth arc missing from rim, date retained
Clipped planchet errors originate during the blanking operation when circular planchets are punched from rolled metal strips. These errors occur when planchets overlap during punching or when blanks are cut too close to the strip edge, resulting in incomplete circular forms missing curved or straight sections. While less dramatic than striking errors, clipped planchets appeal to collectors seeking affordable entry points into error coin collecting.
How to identify: Rotate the coin to identify the missing section, which should appear as a smooth arc (curved clip) or straight edge (straight clip) • Verify the clip affects both obverse and reverse identically through the full thickness • The design should flow naturally into the clipped area without signs of post-mint removal • Check that the date remains fully visible • Distinguish genuine mint clips from environmental damage by examining edges under magnification for mint luster
Value: $5–$15 (minor clip) — $20–$60 (moderate) — $75–$150 (large clip, date visible)
Verified public auction records — establishes real market benchmarks
| Coin | Grade | Sale Price | Auction House | Date |
|---|---|---|---|---|
| 1970-S Small Date Proof DDO | PCGS PR-69 | $18,400 | Heritage Auctions | 2005 |
| 1970-S Small Date DDO | PCGS MS-67 | $2,464 | Heritage Auctions | 2008 |
| 1970-D | PCGS MS-67+ RD | $2,820 | Heritage Auctions | 2016 |
| 1970-S Large Date | PCGS MS-67+ RD | $1,500 | Heritage Auctions | 2019 |
| 1970-S Small Date | PCGS MS-67 RD | $700 | GreatCollections | 2022 |
“The 1970-S Small Date proves that not every key coin comes from the 19th century — a coin struck within living memory, found in ordinary pocket change, can still carry extraordinary value in the right condition.”
Detect Small Date vs Large Date, DDO varieties, and floating roof in seconds
Snap Both Sides
CoinKnow instantly identifies the mint mark, distinguishes Small Date from Large Date, and flags any potential DDO or floating roof variety for your 1970 penny.
Detect Varieties & Errors
Automatic detection for hub doubling vs machine doubling, die polish floating roof severity, and off-center strike percentages — with built-in 20x digital loupe.
Get Instant Value
RD/RB/BN color grading, Sheldon Scale grade within 2 points, and real-time auction comparisons from Heritage and GreatCollections.
Common questions about 1970 penny value and errors
The most valuable 1970 penny error is the 1970-S doubled die obverse, which is extremely rare with so few authenticated examples that owners can command prices determined by negotiation. The 1970-S small date proof DDO sold for $18,400 in 2005. Other high-value errors include the floating roof variety and dramatic off-center strikes worth $75–$500 depending on severity.
A floating roof error shows the Lincoln Memorial roof appearing detached or floating above the columns on the reverse. This subtle die anomaly requires close examination with at least 10x magnification. Look for a visible gap or separation between the roof line and the column tops, particularly on 1970-S pennies. The floating roof often appears with missing FG designer initials, increasing collectibility.
A 1970 penny doubled die obverse can be worth several hundred to thousands of dollars depending on variety and grade. The 1970-S DDO is extremely rare. Look for doubling on LIBERTY, IN GOD WE TRUST, and the date 1970. Even circulated examples with clear doubling can fetch significant premiums from error collectors. Professional authentication by PCGS or NGC is strongly recommended before any transaction.
The 1970-S small date shows a high 7 that aligns level with the other digits, while the large date features a low 7 sitting below the baseline. On small date varieties, the 9 tail points toward the 7 and tapers to a sharp point. The word LIBERTY also appears weaker and less sharp on small date coins. The small date is significantly more valuable — worth $10–$18 in circulated grades versus near face value for the large date.
While nearly 5.6 billion 1970 pennies were minted across three facilities, significant errors remain relatively scarce. Common errors include minor die polishing marks and small cuds, while dramatic errors like doubled dies and major off-center strikes are rare. The 1970-S small date variety is particularly challenging to find in high grades. Most circulated 1970 pennies are worth face value unless they exhibit notable errors.
You can sell 1970 penny errors through major auction houses like Heritage Auctions and Stack’s Bowers, online marketplaces like eBay, local coin dealers, or specialized error coin shows. For valuable errors like doubled dies and dramatic off-center strikes, professional grading by PCGS or NGC is recommended. Error coins with authentication typically sell for 20–50% more than raw examples.
What most 1970 pennies are actually worth — and when to act
| Scenario | Realistic Value | Action |
|---|---|---|
| 1970-S DDO with strong hub doubling, proof | $15,000–$18,400+ | Expert authentication — PCGS/NGC mandatory |
| 1970-S Small Date, MS-67 RD | $500–$700 | Grade & attribute (PCGS/NGC) |
| 1970-S Small Date, circulated | $10–$18 | Confirm variety, consider raw sale or grading |
| 1970-D or 1970-P, MS-67+ RD | $250–$2,820 | PCGS/NGC certification essential |
| Floating roof with missing FG initials | $25–$100+ | Attribute severity, consider grading |
| 25–50% off-center, date visible, MS | $150–$500+ | Authenticate, grade, sell through dealer or auction |
| Circulated copper, any mint, no errors | $0.01–$0.25 | Keep for type / date sets |
The 1970 penny may be one of the most common Lincoln cents by total mintage, yet it rewards patient collectors with a genuine range of valuable finds. The Small Date variety, the rare doubled die obverse, and the distinctive floating roof error each offer a different entry point into Lincoln Memorial cent error collecting — from affordable circulated pieces to five-figure proof rarities. For current market data across all certified grades, the 1970 Penny Value guide provides up-to-date auction comparisons and population reports to help you assess any coin in your collection.
“The 1970-S Small Date proves that not every key date is ancient history — a coin minted during the era of the moon landing can still carry extraordinary numismatic value in the right grade and variety.”