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Unfortunately, unless it is in almost uncirculated condition or better, it is worth one cent. If it is looks like it has not been circulated, it could be worth more. You must check to see if the "7" on the date is level (even with the top of the "9") or unlevel (lower than the nine). If either one is the case, your penny may be more valuable. If it is in exceptional condition close to $20 if it is a level or unlevel "7" coin. For more information on this topic Google: 1970-S Lincoln penny.
In 1970, one dollar was worth one dollar. Adjusted for inflation, one dollar in 1970 is just over $6 in 2014.
1970-S
One cent.
It's not real. It's a novelty item called a magician's coin. They sell for a couple of bucks in hobby and magic shops, but they're not worth anything to coin collectors.
The Heritage School was created in 1970.
Portland Trail Blazers was created in 1970.
Cutter's Trail - 1970 TV was released on: USA: 10 February 1970 West Germany: 22 July 1985
Matt Lincoln - 1970 Doc - 1.8 was released on: USA: 12 November 1970
Lincoln Memorial cents minted between 1959 and 1981 are all worth about 2 cents for their copper content.
Matt Lincoln was created in 1970.
Alpheus Lincoln died in 1970.
Matt Lincoln - 1970 Nick 1-6 was released on: USA: 29 October 1970
Matt Lincoln - 1970 Nina 1-3 was released on: USA: 8 October 1970
Matt Lincoln - 1970 Yumiko 1-10 was released on: USA: 3 December 1970
Matt Lincoln - 1970 Steve 1-4 was released on: USA: 15 October 1970
Matt Lincoln - 1970 Billy 1-11 was released on: USA: 10 December 1970