As of May, 2024, a 1994 Penny, RD in uncirculated specimen can be valued between $6.00 and $13,000.00, depending on its grade and strike quality.

Looking back at auction records, the highest price was achieved by a Mint State grade that was hammered at $1,035.00 in the 07/30/2003 by renowned auctioneer Bowers & Merena, showcasing the allure of top-tier rarities.

Designer: Victor David Brenner/Frank Gasparro
Edge: Plain
Diameter: 19.00 millimeters
Weight: 2.50 grams
Mintage: 6,500,850,000
Mint: Philadelphia
Metal: Copper-plated Zinc
Series: Lincoln Cents 1959 to Date

1994 Penny, Rd (Regular Strike) – Price Chart

If you are aware of your coin’s grade, refer to the following chart to determine its value:

GradePrice($)
MS-6913,000.00
MS-68+1,600.00
MS-68250.00
MS-67+46.00
MS-6730.00
MS-66+20.00
MS-6615.00
MS-65+12.00
MS-6510.00
MS-64+8.00
MS-647.00
MS-63+6.00
MS-636.00

If you are unsure of the grade, you can assess it based on the coin’s condition. More detailed information here.

GradeLowest Price($)Highest Price($)Average Price($)
Mint State6.0013,000.001,154.62

Please note that the estimated values are derived from the latest data in the PCGS Price Guide and are not guaranteed to be 100% accurate. We strongly recommend reviewing actual auction records, which can be filtered by grade. For further insights, refer to our analysis report, which is based on these data.

Also, there are multiple versions of the 1994 Lincoln Cent (Modern). We recommend checking the values of these coins as well to ensure a comprehensive assessment.

Coin NameMin Circulated Price($)Max Circulated Price($)Min Uncirculated Price($)Max Uncirculated Price($)
1994-S Penny, DCAM (Proof)N/AN/A1.0042.00
1994 Penny DDR FS-801 (039.9), RD (Regular Strike)N/AN/A37.002,050.00
1994-D Penny, RD (Regular Strike)N/AN/A6.003,750.00

Coins listed have various mint marks and designations indicating where they were minted and if they are special strikes. To learn more about what the different mint marks and designations mean, please refer to our Mint Mark Chart and Coin Designation Reference Chart.

1994 Penny, Rd (Regular Strike) – Auction Chart & Report

This tool is very user-friendly. Simply select the coin grade, and our system will provide detailed information including:

  • Lowest Sale Price
  • Highest Sale Price
  • Average Sale Price
  • Most Recent Sale Price
  • Number of Sales
  • Sales Volume

You can also select different time periods for your query: 1 month, 6 months, 1 year, 3 years, or All time, with the default set to All time.

Grade:
1m 6m 1y 3y All

$18.00

Lowest Sale Price
$646.00

Highest Sale Price
$320.03

Average Sale Price
$201.00

Most Recent Sale Price
18

Number of Sales
$5,760.51

Sales Volume

Grade Impact Analysis

GradeLowest Price($)Highest Price($)Average Price($)
MS-6818.00646.00320.03
MS-67+23.0023.0023.00
MS-6715.0092.0045.44
MS-666.0030.0014.14
MS-65+7.0063.0035.00
MS-64207.00288.00247.50
MS-636.00575.00171.20
MS-621,035.001,035.001,035.00
MS-6037.0037.0037.00

The chart shows the min and max prices for the 1994 Penny, RD (Regular Strike) coin across various grades from MS-60 to MS-68. The prices generally increase as the grade improves, with MS-62 having the highest max price $1,035.00.

Within each grade, there is also variability in prices, likely due to factors like specific coin characteristics or market conditions at time of sale. Overall, the chart illustrates how coin grade is a key driver of value for this particular 1994 Penny, RD (Regular Strike).

Auction House Comparison

The pie chart breaks down the market share of various auction houses for selling the 1994 Penny, RD (Regular Strike) coin. Heritage Auctions dominates with 67.39% share, followed by Great Collections / David Lawrence RC with 17.39% / 8.70% appearances respectively..

Price Trend Over Time

The graph presents a detailed analysis of the average annual auction sale price and frequency for the 1994 Penny, RD (Regular Strike) coin over the years. This visual representation traces the coin's value fluctuations, illustrating periods of increase, decrease, or stability in its average auction price.

Such a historical view is indispensable for collectors, investors, or researchers who are keen on comprehending the market dynamics and the coin's value trend over an extended period.

Raw Auction Records

Here are the lasted auction records from the auction history of the past years. You can filter these records by coin grade.

GradeGrade SourceSellerPrice($)Sold Date
MS-68PCGSDavid Lawrence RC201.0007/24/2022
MS-68PCGSHeritage Auctions204.0008/29/2021
MS-68NGCHeritage Auctions84.0007/01/2020
MS-68PCGSHeritage Auctions132.0006/19/2019
MS-68PCGSHeritage Auctions182.1303/14/2017
MS-68PCGSHeritage Auctions235.0001/31/2017
MS-68PCGSHeritage Auctions399.5009/20/2016
MS-68NGCHeritage Auctions84.0005/24/2015
MS-68NGCHeritage Auctions99.8801/18/2015
MS-67+PCGSGreat Collections23.0008/10/2014
MS-67PCGSGreat Collections15.0005/25/2014
MS-66PCGSGreat Collections10.0012/08/2013
MS-67PCGSGreat Collections18.0010/06/2013
MS-68PCGSHeritage Auctions646.0008/05/2013
MS-63ANACSGreat Collections6.0007/28/2013
MS-68PCGSHeritage Auctions499.0006/05/2013
MS-66PCGSGreat Collections6.0004/14/2013
MS-67PCGSGreat Collections32.0001/20/2013
MS-67NGCHeritage Auctions84.0004/23/2012
MS-65+PCGSGreat Collections7.0002/05/2012
MS-67PCGSHeritage Auctions69.0010/18/2010
MS-68PCGSBowers & Merena518.0006/17/2010
MS-67PCGSHeritage Auctions51.0005/13/2009
MS-66PCGSHeritage Auctions21.0004/01/2009
MS-67PCGSHeritage Auctions92.0012/04/2008
MS-68PCGSBowers & Merena633.0011/01/2008
MS-66PCGSHeritage Auctions11.0009/29/2008
MS-66PCGSHeritage Auctions11.0009/29/2008
MS-68NGCDavid Lawrence RC127.0008/23/2007
MS-64ANACSHeritage Auctions207.0002/21/2007
MS-63ANACSHeritage Auctions184.0001/09/2006
MS-68PCGSHeritage Auctions633.0001/01/2006
MS-68NGCDavid Lawrence RC18.0012/12/2005
MS-67PCGSDavid Lawrence RC23.0006/13/2005
MS-68PCGSHeritage Auctions432.0002/28/2005
MS-66NGCHeritage Auctions10.0008/25/2004
MS-60ANACSHeritage Auctions37.0003/29/2004
MS-63ANACSHeritage Auctions74.0003/10/2004
MS-68PCGSHeritage Auctions633.0009/01/2003
MS-62ANACSBowers & Merena1,035.0007/30/2003
MS-67PCGSHeritage Auctions25.0006/04/2003
MS-63ANACSHeritage Auctions575.0002/01/2002
MS-63ANACSHeritage Auctions17.0006/01/2000
MS-64ANACSHeritage Auctions288.0006/01/2000
MS-65+NONEHeritage Auctions63.0006/01/2000
MS-66PCIHeritage Auctions30.0003/08/2000