1961-P (Philadelphia) Lincoln Cents - Memorial Reverse

Coin / United States of America / 1961 / Philadelphia / Lincoln Cents - Memorial Reverse / 1¢ (One Cent, Penny)

The coin in question is a 1961 Lincoln Cent, produced by the Philadelphia Mint. This particular coin features a memorial reverse design, which was introduced in 1959 to honor President Abraham Lincoln. It is made of bronze and weighs 3.11 grams with a diameter of 19.00 millimeters. With a mintage of approximately 753,345,000 pieces, the 1961 Lincoln Cent is fairly common in circulation. The obverse of the coin displays a portrait of Abraham Lincoln, while the reverse showcases the Lincoln Memorial, a tribute to the 16th president's legacy. Given its properties, including its mint mark (P), and common material composition, this coin is categorized under the denomination of 1¢ (one cent, also known as a penny). While it has a significant production number, the condition of the specific coin would greatly influence its market value. In uncirculated condition, it may hold slightly more value among collectors, but in average circulation, it typically is valued at its face amount of $0.01.