Price Guide for 1921 Cent Variants

This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.

1921 Penny, RD (Regular Strike)
  • 3rd Party Price
    Circulated: $16.00 – $1,800.00
    Uncirculated: $59.00 – $55,200.00
  • eBay
    Circulated: $38.76 – $46.00
    Uncirculated: $76.00 – $1,635.00
  • PCGS Price Guide
    Uncirculated: $70.00 – $47,500.00
1921-S Penny, RD (Regular Strike)
  • 3rd Party Price
    Circulated: $42.00
    Uncirculated: $86.00 – $27,600.00
  • eBay
    Circulated: $19.86 – $55.00
    Uncirculated: $56.00 – $3,995.00
  • PCGS Price Guide
    Uncirculated: $250.00 – $12,500.00
1921 Penny, BN (Regular Strike)
  • 3rd Party Price
    Circulated: $11.00 – $92.00
    Uncirculated: $12.00 – $443.00
  • eBay
    Circulated: $5.00 – $69.88
    Uncirculated: $21.50 – $355.00
  • PCGS Price Guide
    Circulated: $2.00 – $45.00
    Uncirculated: $50.00 – $235.00
1921-S Penny, BN (Regular Strike)
  • 3rd Party Price
    Circulated: $9.00 – $253.00
    Uncirculated: $2.50 – $3,120.00
  • eBay
    Circulated: $0.99 – $202.00
    Uncirculated: $64.00 – $1,999.95
  • PCGS Price Guide
    Circulated: $4.00 – $115.00
    Uncirculated: $125.00 – $2,700.00
1921 Penny, RB (Regular Strike)
  • 3rd Party Price
    Uncirculated: $0.50 – $588.00
  • eBay
    Circulated: $395.01
    Uncirculated: $35.00 – $250.00
  • PCGS Price Guide
    Uncirculated: $50.00 – $675.00
1921-S Penny, RB (Regular Strike)
  • 3rd Party Price
    Circulated: $500.00
    Uncirculated: $81.00 – $9,000.00
  • eBay
    Uncirculated: $132.50 – $2,374.99
  • PCGS Price Guide
    Uncirculated: $150.00 – $9,000.00

Design and Specifications of the 1921 Cent

The 1921 Lincoln Cent was part of the Lincoln Wheat Cent series, which began in 1909 to commemorate the 100th anniversary of Abraham Lincoln’s birth. This coin was minted during a period of economic recovery following World War I. The Lincoln Cent design was highly popular and would continue with only minor modifications until 1958.

Weight 3.11 grams
Diameter 19 mm
Mint Marks No mint mark (Philadelphia), S (San Francisco)
Composition 95% copper, 5% tin and zinc
Obverse Design Lincoln bust facing right, designed by Victor D. Brenner
Reverse Design Wheat ears flanking ONE CENT and UNITED STATES OF AMERICA, designed by Victor D. Brenner

Rarity Factors and Value Drivers

The condition of 1921 Lincoln Cents significantly impacts their value. Coins in uncirculated condition (MS60 or higher) are considerably more valuable than circulated examples. The presence of original mint luster and absence of contact marks are crucial for higher grades.

For the San Francisco issue, well-struck coins with full details on the wheat ears are particularly desirable. Red coins (those retaining their original copper color) command a premium over brown examples.

Philadelphia, No mint mark

Mintage: 39,157,000

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Scarce in grades MS65 and above

Varieties Errors: None significant

Market Demand: Moderate, higher for well-preserved specimens

San Francisco, S

Mintage: 15,274,000

Rarity Scale: Uncommon

Circulation Status: Moderate Circulation

Preservation Rarity: Rare in grades MS65 and above

Varieties Errors: None significant

Market Demand: High, especially for well-preserved examples

Strike quality is an important factor for 1921 cents, as many were weakly struck. Coins with sharp details, especially on Lincoln’s hair and the wheat stalks, are more valuable.

Toning can also affect value. While most collectors prefer red coins, some may pay a premium for attractively toned examples with rainbow colors.

The San Francisco mintage is generally more valuable due to its lower production numbers and tendency to have been more heavily circulated in the Western states.

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