The 2007-S Lincoln Penny is worth anywhere from $1 to $5 for a standard proof example, with Deep Cameo specimens in perfect condition sometimes fetching $8 to $15 or more. If you found one of these in an old proof set, you might be sitting on a small but genuine collectible.
What Makes the 2007-S Lincoln Penny Different
The “S” mintmark on a Lincoln penny tells you something important right away — this coin wasn’t made for pocket change. It was struck at the San Francisco Mint specifically for collectors, as part of the 2007 U.S. Proof Set. Unlike the billions of pennies produced in Philadelphia and Denver for everyday use, the 2007-S was carefully struck twice on polished planchets to give it that sharp, mirror-like finish proof coins are known for.
If you’ve got one in hand and want to identify it quickly, using the best coin identifier app can help you confirm the mintmark, grade estimate, and current market value without needing to visit a coin dealer. These tools have gotten surprisingly accurate in recent years.
The 2007-S Lincoln Penny still features the classic Victor David Brenner design that’s been on the penny since 1909 — Lincoln’s portrait on the obverse and the Lincoln Memorial on the reverse, which was used from 1959 through 2008. That makes this one of the final years for the Memorial reverse design, adding a small layer of historical interest for collectors.
2007-S Lincoln Penny Value by Grade
Because these coins were made exclusively as proofs, grading them works a bit differently than with circulated coins. You’re not looking at wear — you’re looking at the quality of the reflective fields and the sharpness of the cameo contrast between the frosted devices and the mirror-like background.
Here’s a general breakdown of what the 2007-S Lincoln Penny is worth across different proof grades:
| Grade | Description | Estimated Value |
|---|---|---|
| PR-65 | Gem Proof | $1 – $3 |
| PR-67 | Superb Proof | $3 – $6 |
| PR-69 DC | Deep Cameo, Near Perfect | $8 – $12 |
| PR-70 DC | Perfect Deep Cameo | $12 – $20+ |
For the most up-to-date pricing, you can check out the 2007 Lincoln Penny price data on CoinHix, which tracks real auction results and market trends. CoinHix is a solid resource for collectors who want current data rather than outdated price guides.
How Many Were Minted and Why That Matters
The U.S. Mint produced approximately 2.6 million 2007-S Lincoln Pennies. That might sound like a lot, but compared to the hundreds of millions made in Philadelphia and Denver, it’s relatively limited. Proof coins also tend to be kept in better condition since most buyers hold onto them in original packaging.
That said, the high mintage does keep values modest for most grades. You’re not looking at a rare key date here. The coin’s appeal is more about condition and collector completeness than scarcity. For a detailed look at how the 2007 penny’s value breaks down across different versions and grades, it’s worth reviewing a dedicated price reference before buying or selling.
Should You Get It Graded?
Grading a 2007-S Lincoln Penny through PCGS or NGC costs anywhere from $20 to $40 per coin at basic service tiers — which clearly doesn’t make financial sense unless you believe you have a PR-70 Deep Cameo example, or you’re completing a high-grade set where the premium justifies the cost.
For most collectors, simply keeping the coin in its original proof set packaging is the best move. These sets were sealed at the mint and usually arrive in excellent condition. If you’re not sure what you have, CoinHix lets you look up recent sale prices in seconds without spending a dime.
If you’re building a complete run of Lincoln Memorial pennies or a proof set collection, the 2007-S is an affordable and attractive addition. It’s one of the last years for the Memorial reverse before the 2009 Bicentennial redesign, so it holds a small nostalgic significance for longtime penny collectors.
Frequently Asked Questions
Q: Is a 2007-S Lincoln Penny rare?
A: Not particularly. With a mintage of around 2.6 million, it’s widely available in the collector market. It’s a desirable proof coin, but not a rare date.
Q: Can I find a 2007-S penny in circulation?
A: It’s extremely unlikely. The “S” mint proof coins were sold directly to collectors in proof sets and were never released into general circulation. If you found one in change, double-check the mintmark — it could be a Philadelphia or Denver issue without an “S.”
Q: What’s the best way to find out exactly what my 2007-S penny is worth today?
A: Use a combination of recent auction results and a reliable price tracker. CoinHix is a great starting point for real market data, and a coin identifier app can help you confirm what you have before you sell or trade it.
