What’s my coin worth? While it may seem like a fairly easy question, it takes a really good evaluation of the coin by a professional coin dealer to determine your coin’s value accurately. You see, when determining the value of a coin, the appraiser must consider not only the date and denomination of the coin, but also what condition it is in, what the value of the metal is, the relative scarcity of the coin, and other issues.
As far as business-strike Lincoln Memorial pennies, the kind struck for circulation (and lacking errors), the short answer essentially is no — Lincoln Memorial pennies generally are not valuable. In fact, typical pieces are worth only face value if worn, and only a tiny premium if in average uncirculated condition, except for a few cases.