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The stamp or engraving of Michigan, or any other state, on a US cent was done outside of the mint by a private company. At least one company did this to cash in [pun intended] on the State Quarter program's popularity. It has no significant collector's value and, in fact, reduces any potential value to coin collecting purists. A couple decades ago a private company made up decorative boards with 50 pennies attached, each with a different state stamped on it. I've seen these novelty boards sell recently on eBay for about $20.00 However, a single penny with a state stamp has little value to it -- perhaps a dime in a dealer's miscellaneous bin.

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17y ago
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11y ago

And it is worth up to $2500 to $3000 for an unused one and $250 to $300 for a good condition used one and $10 for a poor conditioned used penny

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Q: What is the value of a penny black stamp?
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