This calculator is derived from the Consumer Price Index (CPI) provided by the United States government. - How much is 40 dollars worth adjusted for inflation? Since prices change often, it is recommended you come back to this page again to check the updated conversion value again. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Below are a few examples of alternative measurements. The average annual inflation rate between these periods has been 5.05%. The government calculates a variety of prices, The current inflation rate compared to last year is now 6.41%. fpga ethernet example silver US & Canadian coins money (dimes,quarters) 1960 to 1968 Silver Canada/Canadian 10 Cent Silver Coins L6 24 CANADA 80% SILVER DIME TEN CENT COIN LOT $2.40 FACE 1960 to 1968 Silver Canada/Canadian 10 Cent Silver Coins L10 1961 Canadian Quarter, 1942 Canadian Dime, 1962 Canadian Dime. The current inflation rate page gives more detail on the latest inflation rates. Hi this is Pastor Ken, welcome to the Monday Marriage Message Parenting 101 Last week I completed a series I called Marital Communication 101. You may use the following MLA citation for this page: $40 in 1950 2023 | Inflation Calculator. Official Inflation Data, Alioth Finance, 3 Mar. When $1 is equivalent to $10.11 over time, that means that the "real value" of a single U.S. dollar decreases over time. By calculating the value in 1960 dollars, the chart below shows how $1 is worth less over 63 years. What Even a well-worn specimen is worth between 7 cents and 15 cents. In other words, it indicates how much are $100 worth today. The compounding effect of inflation would account for 91.94% of returns ($88,728.17) during this period. In MS67 it is very scarce with about 15 . Ian earned his degree in Computer Science from Dartmouth College. For the Denver Mint the Large Date Lincoln cents are difficult to locate in grades of MS66 and higher. This chart shows a calculation of buying power equivalence for $1 in 1960 (price index tracking began in 1635). As noted above, this yearly inflation rate compounds to produce an overall price difference of 1,141.37% over 73 years. The 2021 penny with no mint mark and the 2021 D penny are each worth around $0. The dollar had an average inflation rate of 3.76% per year between 1940 and today, producing a cumulative price increase of 2,036.93%. $40 in 1950 is equivalent in purchasing power to about $496.55 today, an increase of $456.55 over 73 years. If this number holds, $40 today will be equivalent in buying power to $42.56 next year. This calculates the cost of living increases from 1940 and inflation of the US Dollar. Our calculations use the following inflation rate formula to calculate the change in value between 1960 and today: Then plug in historical CPI values. See the 1970 penny value today, including the 1970-D penny as well. This chart shows the average rate of inflation for select CPI categories between 1940 and 2023. What is used to determine inflation? Ian earned his degree in Computer Science from Dartmouth College. By calculating the value in 1950 dollars, the chart below shows how $40 is worth less over 73 years. What is $0.40 in 1984 worth today? Ian Webster is an engineer and data expert based in San Mateo, California. The compounding effect of inflation would account for 90.11% of returns ($39,024.68) during this period. A dollar today only buys 9.891% of what it could buy back then. The inflation rate in 1790 was 4.55%. Accounting for inflation, what is 15 cents in 1960 worth in today's dollars? Here's how some cities fared in 1940 to 2023 (figures shown are purchasing power equivalents of $40): San Francisco, California experienced the highest rate of inflation during the 83 years between 1940 and 2023 (4.04%). could 40 cents buy in the year 1960? For more information on the difference between PCE and CPI, see this analysis provided by the Bureau of Labor Statistics. This means that 100 pounds in 1960 are equivalent to 2,223.54 pounds in 2023. Read more about inflation and investment. What is a US dollar worth in today's money? Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Read more about inflation and investment. Also of note is the Core CPI, which uses the standard CPI but omits the more volatile categories of food and energy. The compounding effect of inflation would account for 90.11% of returns ($390.25) during this period. These numbers are not inflation adjusted, so they are considered nominal. All calculations are performed in the local currency (GBP) and using 6 decimal digits. The PCE Price Index is the U.S. Federal Reserve's preferred measure of inflation, compiled by the Bureau of Economic Analysis. Core inflation averaged 3.70% per year between 1960 and 2023 (vs all-CPI inflation of 3.74%), for an inflation total of 885.57%. Let's say you have a $500 Series E bond from May 1941. The following chart depicts the equivalence of $100 due to compound inflation and CPI changes. The U.S. dollar has lost 90% its value since 1960 Updated: February 14, 2022 $100 in 1960 is equivalent in purchasing power to about $1,010.71 today, an increase of $910.71 over 63 years. To get the total inflation rate for the 173 years between 1850 and 2023, we use the following formula: Plugging in the values to this equation, we get: Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. When using the core inflation measurement, $1 in 1960 is equivalent in buying power to $9.86 in 2023, a difference of $8.86. Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. This chart shows the average rate of inflation for select CPI categories between 1960 and 2023. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Annual Rate, the Bureau of Labor Statistics CPI. Chicago, Illinois experienced the lowest rate of inflation during the 63 years between 1960 and 2023 (3.57%). In other words, a dollar will pay for fewer items at the store. ): USA Coin Book Estimated Value of 1960 Jefferson Nickel is Worth $0.28 to $17 or more in Uncirculated (MS+) Mint Condition. The average inflation rate of 3.74% has a compounding effect between 1960 and 2023. The inflation rate in the United Kingdom between 1960 and today has been 2,123.54%, which translates into a total increase of 2,123.54. these are some of the most valuable ones made since 1960: 1971 No-S Jefferson Nickel $1,000+ 1975-D High D $50+ 1979-S Type II Proof $4+ 1981-S Type II Proof $4+ Post-1960 Jefferson nickels . Click on a category such as "Food" to toggle it on or off: For all these visualizations, it's important to note that not all categories may have been tracked since 1960. Compare these numbers to the US's overall absolute change of $456.55 and total percent change of 1,141.37%. Inflation can also vary widely by country. The inflation rate in 1960 was 1.72%. The inflation rate in 1950 was 1.26%. This effect explains how inflation erodes the value of a dollar over time. Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Breaking down these categories helps explain the main drivers behind price changes. To calculate, find the CPI in the current year, The current inflation rate compared to last year is now 6.41%. Circulated.27 de nov. de 2020 . This chart shows the average rate of inflation for select CPI categories between 1950 and 2023. This means that today's prices are 10.11 times as high as average prices since 1960, according to the Bureau of Labor Statistics consumer price index. - What's are the current inflation rates for 50? This effect explains how inflation erodes the value of a dollar over time. To get the total inflation rate for the 63 years between 1960 and 2023, we use the following formula: Plugging in the values to this equation, we get: There are multiple ways to measure inflation. Are coins from the 1960's worth more today? CPI is the weighted combination of many categories of spending that are tracked by the government. Compare these values to the overall average of 3.76% per year: The graph below compares inflation in categories of goods over time. Detroit, Michigan experienced the lowest rate of inflation during the 83 years between 1940 and 2023 (3.65%). You may also want to account for capital gains tax, which would take your real return down to around $9,220 for most people. Ian earned his degree in Computer Science from Dartmouth College. Continued Growth and Progress in 2022 . Alternative measurements are sometimes used based on context and economic/political circumstances. Use the above calc to find what zero point four dollars in 1940 is worth today. Compare these numbers to the US's overall absolute change of $9.11 and total percent change of 910.71%. could 40 cents buy in the year 1940? The current inflation rate compared to last year is now 6.41%. The dollar had an average inflation rate of 3.71% per year between 1960 and today, producing a cumulative price increase of 858.50%. The U.S. dollar has lost 96% its value since 1820 Updated: February 14, 2022 $100 in 1820 is equivalent in purchasing power to about $2,557.01 today, an increase of $2,457.01 over 203 years. This is a return on investment of 43,209.77%, with an absolute return of $432.10 on top of the original $1. This means that today's prices are 21.37 times as high as average prices since 1940, according to the Bureau of Labor Statistics consumer price index. Coin Values Moving with Precious Metals: Up-Dated 2/20/2023: Gold $1845 | Silver $21.80 Higher Dime Values Dime values for coins dated 1964 or earlier have the current silver price as their base value. Ian Webster is an engineer and data expert based in San Mateo, California. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. Ian Webster is an engineer and data expert based in San Mateo, California. The current inflation rate page gives more detail on the latest inflation rates. 5 What was a pound worth in 1965? If this number holds, $100 today will be equivalent in buying power to $106.41 next year. In other words, the purchasing power of 100 in 1960 equals 2,223.54 today. This means that the PCE Index equates $1 in 1960 with $7.47 in 2023, a difference of $6.47. And again, underlying inflation ran the quickest in 40 years, according to U.S. government report released Thursday, Oct. 13. This is a return on investment of 43,209.77%, with an absolute return of $43,209.77 on top of the original $100. This chart shows a calculation of buying power equivalence for $1 in 1850 (price index tracking began in 1635). To get the total inflation rate for the 83 years between 1940 and 2023, we use the following formula: Plugging in the values to this equation, we get: The average inflation rate of 3.76% has a compounding effect between 1940 and 2023. To get the total inflation rate for the 73 years between 1950 and 2023, we use the following formula: Plugging in the values to this equation, we get: The average inflation rate of 3.51% has a compounding effect between 1950 and 2023. Enjoy! The following form adjusts any given amount of money for inflation, according to the Consumer Price Index, from 1800 to 2022. Our calculations use the following inflation rate formula to calculate the change in value between 1940 and today: Then plug in historical CPI values. Old Coin Values | Cents to Dollars Coin Values Moving with Precious Metals: Up-Dated 2/20/2023: Gold $1845 | Silver $21.80 Old Coin Values are Surprising All old coin values listed; and most will surprise you. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1950 to latest available data for 2023 using average monthly close price. The inflation rate in the United States between 1960 and today has been 915.12%, which translates into a total increase of $915.12. The current inflation rate page gives more detail on the latest inflation rates. US dimes, quarters, and half dollars were made of 90% silver through 1964, and halves were still 40% until 1970, so those all fetch a premium above face value. Click here to Learn How to use Coin Price Charts. $40 - The $. Also of note is the Core CPI, which uses the standard CPI but omits the more volatile categories of food and energy. The government calculates a variety of prices, Value of 15 cents in 1960 What is used to determine inflation? Note that some locations showing 0% inflation may have not yet reported latest data. Special thanks to QuickChart for their chart image API, which is used for chart downloads. This means the inflation-adjusted real return of our $100 investment is $4,185.09. The PCE measured -263.71% inflation compared to standard CPI. Ian Webster is an engineer and data expert based in San Mateo, California. The current inflation rate compared to last year is now 6.41%. The inflation rate in 1850 was 1.30%. This calculator shows inflation during the selected time frame. Please enable it. What is used to determine inflation? 1960 Lincoln Memorial Cent : Small Date One of these two was in circulation before being acquired by a collector The valuable pennies . Click on a category such as "Food" to toggle it on or off: For all these visualizations, it's important to note that not all categories may have been tracked since 1950. This calculates the cost of living increases from 1960 and inflation of the US Dollar. A 1 cent George Washington stamp is worth anywhere from 20 cents to $800 or even more, depending on multiple variables. # of years). This means that the PCE Index equates $100 in 1960 with $747.00 in 2023, a difference of $647.00. For more details on the S&P 500 between 1960 and 2023, see the stock market returns calculator. Compare these values to the overall average of 3.51% per year: The graph below compares inflation in categories of goods over time. CPI is the weighted combination of many categories of spending that are tracked by the government. At over $21.80 per ounce, all silver dimes are worth at least $1.46 each as of 2/20/2023 . Annual Rate, the Bureau of Labor Statistics CPI. The U.S. CPI was 24.1 in the year 1950 and 299.17 in 2023: $40 in 1950 has the same "purchasing power" or "buying power" as $496.55 in 2023. Note that some locations showing 0% inflation may have not yet reported latest data. Click on a category such as "Food" to toggle it on or off: For all these visualizations, it's important to note that not all categories may have been tracked since 1940. According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time: This conversion table shows various other 1950 amounts in today's dollars, based on the 1,141.37% change in prices: Inflation can vary widely by city, even within the United States. # of years). $50 in 1960: 504.76: $50 in 1961: 497.98: $50 in 1962: 494.66: $50 in 1963: 488.15: $50 in 1964: 480.25: $50 in 1965: 475.64: $50 in 1966: 466.66: $50 in 1967: 451.06: $50 . When $40 is equivalent to $854.77 over time, that means that the "real value" of a single U.S. dollar decreases over time. A dollar today only buys 2.607% of what it could buy back then. 49 Free shipping 1960 D Both Small and Large Date UnCirculated BU Lincoln Cent Types $1. When President Franklin D. Roosevelt signed America's first federal minimum wage into law in 1938, it was 25 cents per hour. The dollar had an average inflation rate of 3.71% per year between 1960 and today, producing a cumulative price increase of 858.50%. Results show only up to 2 decimal digits to favour readability. To help put this inflation into perspective, if we had invested $40 in the S&P 500 index in 1950, our investment would be nominally worth approximately $96,502.00 in 2023. Compare these values to the overall average of 3.74% per year: The graph below compares inflation in categories of goods over time. This means the inflation-adjusted real return of our $40 investment is $10,847.61. For example, if you started with $40, you would need to end with $496.55 in order to "adjust" for inflation (sometimes refered to as "beating inflation"). A 1931-S could be worth $40 or more. You may also want to account for capital gains tax, which would take your real return down to around $36 for most people. This is a return on investment of 581,551.32%, with an absolute return of $232,620.53 on top of the original $40. In other words, a dollar will pay for fewer items at the store. This calculates the cost of living increases from 1960 and inflation of the US Dollar. This means that 100 dollars in 1960 are equivalent to 1,016.89 dollars in 2023. There are different varieties for the 1960 pennies. As noted above, this yearly inflation rate compounds to produce an overall price difference of 910.71% over 63 years. This effect explains how inflation erodes the value of a dollar over time. Inflation Results had the same purchasing power as $8.47 in 2023 Value of 40 cents in 1940 We use the Consumer Price Index (CPI) data provided by the Bureau of Labor Statistics of the United States government. Inflation can also vary widely by country. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. $1 in 1960 is equivalent in purchasing power to about $10.11 today, an increase of $9.11 over 63 years. How much would 50 cents in 1963 be worth today? divide it by the CPI in 1940, and multiply it by 40 cents. $1 in 1850 is equivalent in purchasing power to about $38.36 today, an increase of $37.36 over 173 years. Ian earned his degree in Computer Science from Dartmouth College. The inflation rate in 1950 was 1.26%. in2013dollars.com is a reference website maintained by the Official Data Foundation. in2013dollars.com is a reference website maintained by the Official Data Foundation. This means that 100 pounds in 1960 are equivalent to 2,242.67 pounds in 2023. Detroit, Michigan experienced the lowest rate of inflation during the 73 years between 1950 and 2023 (3.37%). The dollar had an average inflation rate of 2.13% per year between 1850 and today, producing a cumulative price increase of 3,735.51%. In Canada, CA$40.00 in 1940 would be equivalent to CA$759.13 in 2023, an absolute change of CA$719.13 and a cumulative change of 1,797.82%. Special thanks to QuickChart for their chart image API, which is used for chart downloads. Inflation data from 1634 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society. According to Coca Cola's 2012 proxy statement, if you followed the scenario we just described, a single $40, 1919 share with dividends reinvested would be worth $9.8 million. This table and charts use the earliest available data for each category. Also, click here to Learn About Grading Coins. divide it by the CPI in 1960, and multiply it by 40 cents. There are 62 years between 1960 and 2022 and the average inflation rate was 3.7661%. This effect explains how inflation erodes the value of a dollar over time. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. If this number holds, $1 today will be equivalent in buying power to $1.06 next year. Inflation Results had the same purchasing power as $4.03 in 2023 Value of 40 cents in 1960 $40 in 1940 is equivalent in purchasing power to about $854.77 today, an increase of $814.77 over 83 years. If this number holds, $40 today will be equivalent in buying power to $42.56 next year. Therefore, we can resolve the formula like this: 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |, n: Number of times the interest is compounded (i.e. Information displayed above may differ slightly from other S&P 500 calculators. In other words, the purchasing power of $100 in 1960 equals $1,015.12 today. This chart shows the average rate of inflation for select CPI categories between 1960 and 2023. . A dollar today only buys 8.056% of what it could buy back then. 1960-D/D RPM-5 LINCOLN CENT - VERY NICE CHOICE BU RED VARIETY COIN . Inflation data is provided by governments and international institutions on a monthly basis. For comparison, in the UK 1.00 in 1960 would be equivalent to 29.47 in 2023, an absolute change of 28.47 and a cumulative change of 2,846.54%. This table and charts use the earliest available data for each category. These new copper plated pennies had less than one-half cent worth of zinc and copper in them. These numbers are not inflation adjusted, so they are considered nominal. In Canada, CA$40.00 in 1950 would be equivalent to CA$484.97 in 2023, an absolute change of CA$444.97 and a cumulative change of 1,112.42%. For example, 40 Cents in 1984 is worth about 1.17 in 2023 Amount in 1984: Value in 2023: $0.40 in 1984 1.17 in 2023 $0.41 in 1984 1.20 in 2023 $0.42 in 1984 1.23 in 2023 $0.43 in 1984 1.26 in 2023 . All calculations are performed in the local currency (USD) and using 6 decimal digits. In 1960, core inflation was 1.50%. You may also want to account for capital gains tax, which would take your real return down to around $6,574 for most people. Inflation can also vary widely by country. 6 Compare these values to the overall average of 2.13% per year: The graph below compares inflation in categories of goods over time. in2013dollars.com is a reference website maintained by the Official Data Foundation. This means that today's prices are 21.37 times as high as average prices since 1940, according to the Bureau of Labor Statistics consumer price index. What Click on a category such as "Food" to toggle it on or off: For all these visualizations, it's important to note that not all categories may have been tracked since 1850. For comparison, in the UK 40.00 in 1940 would be equivalent to 2,864.85 in 2023, an absolute change of 2,824.85 and a cumulative change of 7,062.14%. This calculates the cost of living increases from 1960 and inflation of the US Dollar. $50 in 1960 is equivalent in purchasing power to about $479.25 today, an increase of $429.25 over 62 years. To calculate, find the CPI in the current year, When we have both the start and end years, we can use the following formula: To obtain the values equivalent in buying power between 1960 and 2022, use the corresponding CPI values: To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 126.89: Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV (1 + i)n, where: In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. Enter the amount of money: Enter the initial year (1800- 2022 ): Enter the final year (1800- 2022 ): Source: The pre-1975 data are the Consumer Price Index statistics from Historical . You may use the following MLA citation for this page: $40 in 1940 2023 | Inflation Calculator. Official Inflation Data, Alioth Finance, 28 Feb. 2023, https://www.officialdata.org/us/inflation/1940?amount=40. The average annual inflation rate between these . What could 40 cents buy in the year 1960? Here's how some cities fared in 1950 to 2023 (figures shown are purchasing power equivalents of $40): San Francisco, California experienced the highest rate of inflation during the 73 years between 1950 and 2023 (3.82%). The dollar had an average inflation rate of 2.13% per year between 1850 and today, producing a cumulative price increase of 3,735.51%. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Our calculations use the following inflation rate formula to calculate the change in value between 1960 and today: Then plug in historical CPI values. The current inflation rate page gives more detail on the latest inflation rates. To calculate, find the CPI in the current year, Some yes, some no. Proof Coins can be Worth $123 or more. Using the calculator, that bond would be worth $1,811.80 today (January 2021), having earned $1,436.80 in interest. Click here to Learn How to use Coin Price Charts. How much would $2000 be worth today? This table and charts use the earliest available data for each category. Core inflation averaged 3.70% per year between 1960 and 2023 (vs all-CPI inflation of 3.74%), for an inflation total of 885.57%. Our calculations use the following inflation rate formula to calculate the change in value between 1950 and today: Then plug in historical CPI values. Annual Rate, the Bureau of Labor Statistics CPI. Value of $40 in Today's Dollars, Adjusted for Inflation Value of $40 Adjusted for Inflation Calculate inflation on $40 over time $40 in 1914 equals $1,187.19 in 2023. $100 in 1960 is equivalent in purchasing power to about $1,010.71 today, an increase of $910.71 over 63 years. The U.S. CPI was 29.6 in the year 1960 and 299.17 in 2023: $100 in 1960 has the same "purchasing power" or "buying power" as $1,010.71 in 2023. To calculate, find the CPI in the current year, divide it by the CPI in 1940, and multiply it by 40 cents. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. In Canada, CA$100.00 in 1960 would be equivalent to CA$973.84 in 2023, an absolute change of CA$873.84 and a cumulative change of 873.84%. You may also want to account for capital gains tax, which would take your real return down to around $3,557 for most people. 1967: Celery stuffed with Roquefort iStock.com/Mariha-kitchen By calculating the value in 1940 dollars, the chart below shows how $40 is worth less over 83 years. Most 1951 wheat pennies are worth slightly more than face value, generally 25 cents or less. $40 inflation calculator - What is the rate of inflation on $40 over time? Alternative measurements are sometimes used based on context and economic/political circumstances. Data Sources. For comparison, in the UK 40.00 in 1950 would be equivalent to 1,753.64 in 2023, an absolute change of 1,713.64 and a cumulative change of 4,284.10%. 0 How much is $1 worth in the 1960s? Breaking down these categories helps explain the main drivers behind price changes. Compare these numbers to the US's overall absolute change of $910.71 and total percent change of 910.71%. Beginning in 1982, the U.S. Mint began using zinc planchets plated with a thin layer of pure copper. art factory studios parking Pros & Cons brown stretchy cm Tech 1974 trans am 455 sd value gourmet fudge recipe bbwd geodis shipping department There are over 1,400 student organizations at Ohio State and over half of all students join a student . As noted above, this yearly inflation rate compounds to produce an overall price difference of 910.71% over 63 years. Published rates of inflation will vary depending on methodology. Compare these numbers to the US's overall absolute change of $37.36 and total percent change of 3,735.51%. The government calculates a variety of prices, such as milk, bread, a new car, an apartment, etc, and creates the Consumer Price Index (CPI). Today's values were extrapolated from the latest 12-month rolling average official data. In other words, a dollar will pay for fewer items at the store. The dollar had an average inflation rate of 3.51% per year between 1950 and today, producing a cumulative price increase of 1,141.37%. There has been about 192.99% total inflation since 1984. Proof coins can be worth $3.38 or more. 1940-D Nickel Value Jaime Hernandez: In 1960 the U.S. Mint struck a Small and Large Date Lincoln cent. Inflation can also vary widely by country. . Lincoln pennies minted from 1959 to 1982 are made of 95 percent copper and have about 2.5 cents worth of copper in them.