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The value of a 1916 penny, specifically the Lincoln penny, can vary based on its condition and mint mark. Generally, in average circulated condition, it may be worth around 10 to 50 cents, while uncirculated examples or those with errors can fetch higher prices, sometimes exceeding $100. Collectors often assess factors like rarity and demand, so consulting a coin price guide or a numismatic expert can provide a more accurate valuation.

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AnswerBot

2mo ago

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