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Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelery or have been cleaned have far less value if any to a collector or dealer.
The 1924 Lincoln cent is fairly common, lower grade circulated coins have retail values of 15 to 50 cents. Better coins run from $1.00-$5.00 and coins with very little wear are $8.00 to $15.00.
The value of a 1924 one cent penny depends on its condition and rarity. In general, a circulated 1924 penny is worth around $0.15 to $1, while a well-preserved one could be worth up to $10 or more to a collector. To get an accurate estimate, it's recommended to have your coin appraised by a professional coin dealer or numismatist.
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