Most 1969 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.
Specifications
Type: Lincoln Penny
Year: 1969
Face Value: $0.01
Composition: 95% copper, 5% zinc
Total Weight: 3.11 grams
The US minted the 1969 penny with no mint mark and also the 1969 D penny and 1969 S penny. The mint mark, when present, can be found on the obverse side of the coin below the date.
| Series |
Location |
Quantity Minted |
| 1969 |
Philadelphia |
1,136,910,000 |
| 1969 D |
Denver |
4,002,832,200 |
| 1969 S |
San Francisco |
544,375,000 |
Value
Most 1969 pennies in circulated condition are only worth their weight in copper. The current copper melt value for each penny is about $0.042. These coins can only sell for a premium in uncirculated condition.
The 1969 penny with no mint mark is worth around $0.60 in uncirculated condition with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $5.75.
The 1969 D penny is worth around $0.60 in uncirculated condition with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $2.20.
The 1969 S penny is worth around $2.60 in uncirculated condition with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $6.75.
Proof coins with the S mint mark are available and they are each valued at around $4.10 in PR 65 condition. There were 2,934,631 proof coins minted.
Click here to search for Lincoln pennies on Amazon.
Doubled Die Error Coins
There is an extremely rare error variety for the 1969 S penny. On the obverse side of the coin the date and the design elements are minted twice onto the coin. This is called a doubled die error and the value for this coin is around $43,000 in uncirculated condition with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $144,000.
Grading System
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
MS 65 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- An attractive coin with only small flaws. A few blemishes or contact marks may be present.
Sources:
The Red Book
See also:
1970 Penny
1968 Penny
1967 Penny