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.
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 $1 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 $1 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 $12 in PR-67RD condition. There were 3,041,506 proof coins minted.
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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-67RD proof- There are no flaws to this coin. A few blemishes may be present. The color is red.
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