The value of a 1968 penny is influenced by its condition, mint mark, and any potential errors.
Here’s an overview of potential values:
- Circulated Condition (Philadelphia, Denver, or San Francisco): Generally worth 1 to 10 cents.
- Uncirculated Condition (Philadelphia – No Mint Mark): Can range from $1 to over $10 for top grades.
- Uncirculated Condition (Denver – “D” Mint Mark): Higher grades can be worth between $1 and $5.
- Uncirculated Condition (San Francisco – “S” Mint Mark): The San Francisco mint mark became the rarest in 1968, and a high-grade example can be valued up to $1,000.
- Proof Cameo and Deep Cameo (San Francisco – “S” Mint Mark): These special finishes can range from $10 to $150 or more depending on the finish depth and grade.
Certain errors can increase a 1968 penny’s value:
- Doubled Die Obverse (DDO): Values can range from $25 to $150 or more depending on doubling strength and condition.
- Doubled Die Reverse (DDR): Can be worth $20 to $100 depending on condition and doubling.
- Repunched Mint Mark (RPM): Typically worth $10 to $50 depending on condition and visibility.
- Off-Center Strikes: Value increases with the severity of the error, ranging from $10-$30 for minor strikes to $50-$150+ for severe ones.
- Clipped Planchet: Value ranges from $10 to $50 based on clip size and condition.
- Die Cracks and Cuds: Die cracks add $5 to $20, while larger cuds can add $10 to $50 or more.
- Struck on a Silver Dime Planchet: An extremely rare error that has sold for $11,000.
To determine the value, assess the coin’s condition and look for errors. Research current market prices and consider consulting a professional coin grading service or dealer for an accurate appraisal.
In summary, while many 1968 pennies are worth only a few cents, some, especially those in top uncirculated condition or with unique errors, can be valuable.
Which 1 cent coins are rare?
1856 Flying Eagle Cent. …
1864 Indian Head Penny – “L” on Ribbon. …
1909-P and 1909-S VDB Lincoln Pennies. …
1943 Lincoln Cent Struck on Bronze Alloy. …
1944-S Lincoln Steel Penny. …
1969-S Lincoln Penny – Doubled Die Obverse. …
1958 Doubled Die Obverse Cent.
What year is penny worth $7000?
The U.S. minted about 7.7 billion pennies in 1983 but only about 5,000 of them have the doubling error. The mistakes and the rarity is what drives the price up, with some of the coins, known among collectors as the 1983 Penny With No Mint Mark, selling for as much as $7,000.
What year is penny worth $10,000?
Thanks for asking. At a major coin auction. This shows just how much interest there is in this particular coin. And it’s a testament to the rarity. And significance of the 1958.