Most 1968 Lincoln pennies aren't valuable. However these pennies can sell for a premium in uncirculated condition. Keep reading to learn more about these one cent coins.

1968 Penny

Specifications

Type: Lincoln Penny
Year: 1968
Face Value: $0.01
Composition: 95% copper, 5% zinc
Total Weight: 3.11 grams

The US minted the 1968 penny with no mint mark and also the 1968 D penny and 1968 S penny. The mint mark, when present, can be found on the obverse side of the coin below the date.

Series Location Quantity Minted
1968 Philadelphia 1,707,880,970
1968 D Denver 2,886,269,600
1968 S San Francisco 258,270,001

Value

Most 1968 pennies in circulated condition are only worth their weight in copper. The current copper melt value for each penny is about $0.02. These coins can only sell for a premium in uncirculated condition.

The 1968 penny with no mint mark is worth around $0.25 in uncirculated condition with an MS-63RB grade. The value is around $0.60 in uncirculated condition with a grade of MS-65RD.

The 1968 D penny and 1968 S penny are each worth around $0.15 in uncirculated condition with an MS-63RB grade. The value is around $0.40 in uncirculated condition with a grade of MS-65RD.

Proof coins with the S mint mark are available and they are each valued at around $1 in PR 65 condition. There were 3,041,506 proof coins minted.

Grading System

MS-63RB choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent. The color is red-brown.

MS-65RD gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable. The color is red.

PR 65 proof- There are no flaws to this coin. A few blemishes may be present.

 

Sources:

The Red Book


See also:

1969 Penny
1967 Penny
1966 Penny