As of May, 2024, a 1923 Penny, RB in uncirculated specimen can be valued between $35.00 and $525.00, 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 $576.00 in the 09/26/2018 by renowned auctioneer Heritage Auctions, showcasing the allure of top-tier rarities.

Designer: Victor David Brenner
Edge: Plain
Diameter: 19.00 millimeters
Weight: 3.11 grams
Mintage: 74,723,000
Mint: Philadelphia
Metal: 95% Copper, 5% Tin and Zinc
Series: Lincoln Cents 1909-1958

1923 Penny, Rb (Regular Strike) – Price Chart

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

GradePrice($)
MS-66525.00
MS-65+300.00
MS-65235.00
MS-64+140.00
MS-64100.00
MS-63+70.00
MS-6360.00
MS-62+50.00
MS-6245.00
MS-6138.00
MS-6035.00

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 State35.00525.00145.27

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 1923 Lincoln Cent (Wheat Reverse). 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($)Max Uncirculated Price($)
1923 Penny, BN (Regular Strike)2.0018.0022.00350.00
1923-S Penny, BN (Regular Strike)5.00245.00260.003,350.00
1923-S Penny, RD (Regular Strike)N/AN/A500.0070,000.00
1923 Penny, RD (Regular Strike)N/AN/A40.0055,000.00
1923-S Penny, RB (Regular Strike)N/AN/A275.0012,000.00

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.

1923 Penny, Rb (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

$0.55

Lowest Sale Price
$408.00

Highest Sale Price
$77.22

Average Sale Price
$408.00

Most Recent Sale Price
35

Number of Sales
$2,702.65

Sales Volume

Grade Impact Analysis

GradeLowest Price($)Highest Price($)Average Price($)
MS-66345.00576.00427.00
MS-65+75.00291.00162.46
MS-6599.00144.00119.80
MS-640.55408.0077.22
MS-6332.00121.0054.43
MS-6219.0040.0030.67
AU-5824.0024.0024.00

The chart shows the min and max prices for the 1923 Penny, RB (Regular Strike) coin across various grades from AU-58 to MS-66. The prices generally increase as the grade improves, with MS-66 having the highest max price $576.00.

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 1923 Penny, RB (Regular Strike).

Auction House Comparison

The pie chart breaks down the market share of various auction houses for selling the 1923 Penny, RB (Regular Strike) coin. Heritage Auctions dominates with 72.37% share, followed by David Lawrence RC / Great Collections with 11.84% / 11.84% appearances respectively..

Price Trend Over Time

The graph presents a detailed analysis of the average annual auction sale price and frequency for the 1923 Penny, RB (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-64PCGSHeritage Auctions408.0001/16/2023
MS-64PCGSHeritage Auctions109.0001/16/2023
MS-64PCGSHeritage Auctions99.0001/16/2023
MS-65NGCStack's Bowers144.0004/26/2022
MS-65PCGSHeritage Auctions115.2004/15/2020
MS-65PCGSHeritage Auctions144.0003/18/2020
MS-64PCGSDavid Lawrence RC65.0003/15/2020
MS-65PCGSStack's Bowers105.0003/11/2020
MS-65PCGSHeritage Auctions120.0002/19/2020
MS-65PCGSHeritage Auctions120.0001/29/2020
MS-65PCGSHeritage Auctions99.0012/25/2019
MS-66PCGSHeritage Auctions408.0008/14/2019
MS-65PCGSHeritage Auctions111.0007/10/2019
MS-65PCGSHeritage Auctions120.0002/13/2019
MS-66PCGSHeritage Auctions432.0012/19/2018
MS-64NGCHeritage Auctions47.0011/21/2018
MS-66PCGSHeritage Auctions576.0009/26/2018
MS-64NGCDavid Lawrence RC75.0005/14/2018
MS-65+ANACSHeritage Auctions84.0001/16/2018
MS-64PCGSHeritage Auctions61.0001/10/2017
MS-65+PCGSHeritage Auctions141.0009/30/2016
MS-64PCGSHeritage Auctions79.0004/26/2016
MS-64PCGSHeritage Auctions71.0008/11/2015
MS-63PCGSHeritage Auctions32.0003/17/2015
MS-64PCGSHeritage Auctions84.0012/21/2014
MS-64NGCGreat Collections63.8012/07/2014
MS-64PCGSGreat Collections50.1011/02/2014
MS-64PCGSHeritage Auctions69.0009/29/2014
MS-62NGCGreat Collections31.0106/08/2014
MS-63PCGSGreat Collections35.0004/27/2014
MS-64PCGSGreat Collections79.2003/30/2014
MS-63PCGSGreat Collections40.0012/15/2013
MS-65+NGCHeritage Auctions153.0008/19/2013
MS-64PCGSGreat Collections54.0008/18/2013
MS-62NGCHeritage Auctions27.0007/22/2013
MS-65+PCGSGreat Collections171.0003/10/2013
MS-64PCGSHeritage Auctions70.0003/04/2013
MS-64PCGSGreat Collections70.0010/28/2012
MS-64PCGSHeritage Auctions65.0009/17/2012
MS-62ANACSHeritage Auctions40.0007/23/2012
MS-66NGCHeritage Auctions374.0005/30/2012
MS-64PCGSHeritage Auctions51.0003/19/2012
MS-64NGCHeritage Auctions69.0012/12/2011
MS-64NCSHeritage Auctions84.0010/24/2011
MS-64PCGSHeritage Auctions79.0005/16/2011
MS-65+NGCHeritage Auctions161.0005/09/2011
MS-65+PCGSHeritage Auctions150.0002/03/2011
MS-66NGCHeritage Auctions345.0007/08/2010
MS-64ICGHeritage Auctions79.0009/02/2009
MS-63NGCHeritage Auctions56.0007/15/2009
MS-64NGCHeritage Auctions86.0004/01/2009
MS-65+NGCDavid Lawrence RC207.0010/27/2008
MS-65+NGCHeritage Auctions109.0009/01/2008
MS-64ANACSHeritage Auctions69.0006/02/2008
MS-65+NGCDavid Lawrence RC201.0004/03/2008
MS-62ANACSHeritage Auctions31.0001/30/2008
MS-63NGCDavid Lawrence RC60.0011/29/2007
MS-65+PCGSDavid Lawrence RC291.0009/13/2007
MS-64PCGSHeritage Auctions86.0005/09/2007
MS-65+NGCDavid Lawrence RC173.0003/13/2006
MS-63NGCHeritage Auctions37.0001/30/2006
MS-64NGCHeritage Auctions54.0008/07/2005
MS-65+NGCHeritage Auctions75.0007/06/2005
MS-64PCGSDavid Lawrence RC48.0006/27/2005
MS-65+PCGSHeritage Auctions196.0002/16/2005
MS-64PCGSDavid Lawrence RC58.0001/31/2005
AU-58ANACSHeritage Auctions24.0001/30/2005
MS-63ANACSHeritage Auctions121.0011/08/2004
MS-64NGCHeritage Auctions58.0004/14/2004
MS-64PCGSHeritage Auctions132.0001/12/2004
MS-62ANACSHeritage Auctions36.0004/17/2002
MS-64NGCHeritage Auctions33.0010/17/2001
MS-62ANACSHeritage Auctions19.0008/15/2001
MS-64ANACSHeritage Auctions55.0008/15/2001
MS-64PCGSHeritage Auctions42.0009/21/2000
MS-64NONEB. Max Mehl0.5506/01/1941