Initially, these coins contained 95% copper, but the US Mint changed the metal ratio in 1973 to 97.5% zinc and only a small copper percentage. The penny composition also changed over the years due to increased copper value. The goal was to commemorate the President’s birth 150th anniversary, while the obverse remained the same. In 1959, Frank Gasparro changed the reverse design to feature the Lincoln Memorial. This penny underwent various design changes and composition adjustments throughout its history. Victor David Brenner created this design and featured a portrait of Lincoln on the obverse and a wheat stalk on the reverse, hence the name. They replaced Indian Head cents minted from 1859 to 1909. Lincoln pennies (Lincoln cents) first entered circulation in 1909 in honor of Abraham Lincoln’s birth 100th anniversary. Although the condition and the mint mark are the most influential in this case, the most expensive is still error coins. The best way to determine the 1972 penny value successfully is to know how to estimate each specimen. On the other hand, pennies minted in later years are less attractive, making them more affordable. Be aware that specimens from an earlier period are highly collectible and can be expensive. Even though they are American coins with the lowest denomination, they have always attracted significant attention from collectors. Memorial Lincoln cents have a very long history.
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