July 11, 2009 The value of a coin depends upon a number of factors. Rarity, demand for the coin, where the coin was minted and the condition of the coin are among them. The value of the 1953 Lincoln cent, although not considered rare or scarce, uses these factors to establish value. The scale used to determine value of used coins begins at the most worn condition and ends at the least worn condition . Uncirculated coins do not have wear but are graded on the appearance of the coin which includes the number of nicks and scratches present on them. The higher the number of the grade, the better the coin. Mintmarks show where the coin was minted and can be found under the date. If there is no mintmark then the coin was minted at the Philadelphia mint and is written as 1953-P Circulated 1953 Lincoln Cents are worth from 3 cents to about 1 dollar each. The uncirculated 1953 cent is valued as shown below. ...................................1953-P...............1953-D.............1953-S Number minted.......256,883,800....700,515,000......181,835,000 Uncirculated Value. MS60.............................$5........................$5.....................$5 MS63..............................$9.......................$9.....................$9 MS64..............................$18.....................$12...................$12 MS65..............................$37......................$20..................$15 MS66..............................$250....................$55..................$40 MS67..............................$11,000...............$550................$375
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