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 $0.02. These coins can only sell for a premium in uncirculated condition.
The 1969 penny with no mint mark is worth around $0.70 in uncirculated condition with an MS 65 grade.
The 1969 D penny is worth around $0.30 in uncirculated condition with an MS 65 grade.
The 1969 S penny is worth around $0.50 in uncirculated condition with an MS 65 grade.
Proof coins with the S mint mark are available and they are each valued at around $1 in PR 65 condition. There were 2,934,631 proof coins minted.
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 $75,000 in uncirculated condition.
Grading System
MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.
PR 65 proof- There are no flaws to this coin. A few blemishes may be present.
Sources:
The Red Book
See also:
