One explanation, which is considered the most plausible, is that “P” stands for “plated” and was used by the RCM to identify coins made with the new process.
How much is a 2019 P penny worth?
Most 2019 pennies in circulated condition are only worth their face value of $0.01. These coins can only sell for a premium in uncirculated condition. The 2019 penny with no mint mark and the 2019 D penny are each worth around $0.30 in uncirculated condition with an MS 65 grade.
Where is the P on a penny?
Philadelphia Mint
The Philadelphia Mint Begins Using a “P” Mint Mark Mint broke tradition by placing a small “P” on the obverse of the Susan B. Anthony dollars minted in Philadelphia. In 1980 a “P” was added to all remaining United States coins minted in Philadelphia except for the Lincoln cent.
What does the D, P, and s Mean on a penny?
D, P, and S are common indicators that represent Denver, Philadelphia, and San Francisco, respectively. They are called mintmarks because they tell you where the coin was minted, or made. In each of those cities there is a mint where coins are made. In the past, O was also used because there was a mint in New Orleans.
What’s the letter P doing on my cent?
For the next 37 years, the Lincoln Cent continued as our only non-mintmarked coin, but this year, in honor of the 225 th anniversary of the mint in Philadelphia, they are adding the “P” mintmark to the cent for the first time ever. It will vanish again in 2018, perhaps never to be seen again.
Why do they call a penny a mintmark?
They are called mintmarks because they tell you where the coin was minted, or made. In each of those cities there is a mint where coins are made. In the past, O was also used because there was a mint in New Orleans.
When did they start putting P on coins?
While all the branch mints, of which there were eventually six – including San Francisco (1854), Carson City (1870) and Denver (1906) – were required to place mintmarks on their coins, the original mint in Philadelphia did not use a mintmark. It was not until the silver nickels (made during WWII) that the “P” mintmark first appeared.
