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1914-D penny: mintage, value factors and how to spot an altered coin

The 1914-D Lincoln cent is a key date because the Denver Mint struck only 1,193,000 cents in 1914, according to the Mint's own coinage table. That makes it a favorite target for forgers, so check the date, the D and Lincoln's shoulder before getting excited.

By the Coin Scanner team · Updated

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Mintage
1,193,000 (Mint report, calendar year 1914)
Mint
Denver
Mint mark
D on the obverse, below the date
Weight
About 3.11 g
Metal
Bronze: about 95% copper, 5% tin and zinc
Designer's initials on the shoulder
None (they returned in 1918)

Why the 1914-D is scarce

The Director of the Mint's annual report for fiscal 1915 includes a table of coinage struck during calendar year 1914. Philadelphia produced 75,238,432 cents and San Francisco 4,137,000, while Denver made just 1,193,000. Out of 80,568,432 cents struck that year, fewer than one and a half percent carried the D. That small output is why NGC counts the 1914-D among the key dates of the series, alongside coins such as the 1909-S VDB.

1914 centMintPieces struck (Mint report)
1914 (no mint mark)Philadelphia75,238,432
1914-SSan Francisco4,137,000
1914-DDenver1,193,000
TotalAll mints80,568,432

How fakes are made

NGC places the 1914-D fourth on its list of the most commonly counterfeited U.S. coins it receives. It says most of the fakes it sees are complete forgeries, followed by coins with an added mint mark and the occasional altered date. In practice you will meet three kinds:

How to check a 1914-D penny

  1. Look at Lincoln's shoulder first. The designer's initials were dropped from the cent in 1909 and put back in 1918 as tiny letters at the bottom of Lincoln's shoulder. A cent struck in 1944 therefore shows V.D.B. there; a genuine 1914-D does not. If you can see initials on the shoulder, the date has been altered.
  2. Examine the date. NGC stresses that the date and mint mark are where alterations happen. Under magnification, tool marks, scraped or smoothed metal around the third digit, or a 1 that looks thinner or differently shaped than the other digits all suggest a carved 4.
  3. Study the D. Mint marks were punched into each working die by hand, so position and tilt differ from die to die. A die study summarized by CopperCoins lists four known 1914-D obverse dies, each with its own mint mark placement and tilt, plus die cracks or scratches on some. A D that does not match any of them, or that shows a seam or disturbed metal around it, is suspect.
  4. Weigh it. NGC gives 3.11 g as the expected weight, a quick screen that a gram scale can handle. Passing the weight test does not prove anything, but a coin well off the mark is a warning.
  5. Check overall quality. Soft, mushy lettering and rims or unnatural color point toward a counterfeit, as in the NGC example above.
1914OBVERSENo V.D.B. on theshoulder before1918
If a 1914-D shows initials at the bottom of Lincoln's shoulder, it is an altered later date such as 1944-D.

A 1944-D cent and a genuine 1914-D are also made from different alloys. The Mint switched to 95% copper and 5% zinc from January 1, 1944, while 1914 cents were bronze with tin and zinc. The difference cannot be seen by eye and needs lab analysis, which is one more reason to leave the final call to an expert.

What drives a 1914-D's value

In its March 2026 article NGC described the 1914-D as a coin worth hundreds of dollars in most grades and many thousands in mint state. Where a particular coin lands depends on its grade (amount of wear), whether it is uncirculated with original red, red-brown or brown color, how sharp the strike is, and whether it has problems such as cleaning, corrosion or scratches. Certification by an independent grading service adds confidence, and for this date many buyers will not pay key-date money without it.

For a quick starting point, scan the front and back with Coin Scanner. It reads the date and mint mark from your photos and shows an estimated value range. That estimate is not an authentication: because altered and counterfeit 1914-D cents are so common, have any promising coin examined and graded by a professional service before you sell or buy.

About valuesAll values are estimates. Prices depend on condition (grade), variety, eye appeal and the market at the time of sale, and an app scan or a guide is not an appraisal. If a coin may be valuable, have it authenticated and graded by a professional grading service or a reputable dealer before you sell or buy it.

Frequently asked questions

How many 1914-D pennies were made?

The Annual Report of the Director of the Mint lists 1,193,000 one-cent pieces struck at Denver in calendar year 1914.

How can I tell a 1914-D from an altered 1944-D?

Look at the bottom of Lincoln's shoulder. The designer's initials were put back there in 1918, so a 1944-D has tiny V.D.B. letters on the shoulder and a genuine 1914-D does not. Also check the third digit of the date for tool marks or an odd shape.

How much should a 1914-D penny weigh?

About 3.11 grams. A scale is a quick first check, but many counterfeits are close in weight, so it cannot prove a coin is genuine.

Is a 1914 penny with no mint mark valuable?

A 1914 cent without a mint mark is from Philadelphia, which struck more than 75 million cents that year, so it is far more common than the 1914-D.

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Sources

  1. Annual Report of the Director of the Mint, fiscal year 1915, coinage during calendar year 1914, p. 252 (FRASER) (accessed 2026-10-13)
  2. NGC via ANA Reading Room: Counterfeit Detection: 1914-D Lincoln Cent (March 2026) (accessed 2026-10-13)
  3. NGC: Counterfeit Detection: The Top 10 Most Common Counterfeit US Coins (accessed 2026-10-13)
  4. NGC: Counterfeit Detection: Authenticating 1909-S VDB Lincoln Cents (initials restored in 1918) (accessed 2026-10-13)
  5. CopperCoins: 1914-D authenticity guide (die study after Daughtrey, Keys to the Lincoln) (accessed 2026-10-13)
  6. Annual Report of the Director of the Mint, fiscal year 1944 (copper-zinc cent from 1944) (FRASER) (accessed 2026-10-13)

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