1969 Penny Value
As of 2024, the value of a 1969 penny is typically worth its face value of one cent. However, uncirculated examples can range from $0.10 to $1.00. The 1969-S penny from San Francisco in uncirculated condition can be worth more, ranging from $1.00 to $5.00. Rare error coins, like the 1969-S doubled die obverse, can be valued at thousands of dollars, making them highly sought after by collectors.
AUCTION RECORD: $395 • MS69BN
Image source: PCGS
1969 Penny - Memorial Reverse
The 1969 penny, known as the Lincoln cent, was minted in both Philadelphia and San Francisco. It features the image of Abraham Lincoln on the obverse and the Lincoln Memorial on the reverse. In circulated condition, its value is typically one cent, but uncirculated and proof versions, especially those with the "S" mint mark from San Francisco, can be worth more. Some rare error coins, like the 1969-S doubled die obverse, can be extremely valuable, making this year significant for collectors.
1969 Wheat Penny Specifications
Type of coin: Penny
Year: 1969
Wheat Penny Mint Mark: Philadelphia
Metal content: 95% Copper, 5% Zinc
Face value: 1 cent
Weight: 3.11 grams
Edge: Plain
Designer: Victor David Brenner
Diameter: 19.00 millimeters
1969 and 1969-D Penny Value Comparison (Including Errors)
The value of a 1969 Lincoln penny can vary widely depending on its condition and whether it features any notable errors. Here’s a breakdown of what you might expect for both regular and error coins from 1969.
1. 1969 No Mint Mark Penny (Philadelphia)
- Regular Value: A standard 1969 penny with no errors and light wear typically holds a value of 1 to 10 cents. In uncirculated condition (MS60+), it can fetch up to $1.
- Proof Coin: The 1969 proof Lincoln penny, which was struck with a high-quality finish for collectors, can be worth $1 to $5 in most cases.
2. 1969-D Penny (Denver Mint)
- Regular Value: A standard 1969-D penny in average condition is generally worth 1 to 10 cents. In mint state (MS60 or higher), it could sell for $1 to $3.
- Uncirculated Examples: High-grade 1969-D pennies with sharp details and no wear (MS65+) can command $10 to $20 at auctions.
Error Coin Value Comparisons
1. 1969 Doubled Die Obverse (No Mint Mark)
- Value: The 1969 Doubled Die Obverse (DDO) penny is one of the most valuable U.S. error coins. If you happen to find one, its value can range from $10,000 to over $70,000, depending on its condition. The most pristine examples (graded MS65 or higher) have sold for up to $100,000 at auctions.
2. Off-Center Strikes
- Value: A 1969 or 1969-D penny with an off-center strike can vary in price based on how far off the strike is. Off-center strikes that are 5-10% off may be worth $10 to $30, while more extreme examples (50% off-center or more) can reach $100 or more, especially if the date and mint mark are visible.
3. Clipped Planchets
- Value: A 1969 or 1969-D penny with a clipped planchet error is typically worth $5 to $30, depending on the size and prominence of the clip.
4. BIE Error
- Value: The 1969-D BIE error penny is a smaller, more common error, but it still holds value to collectors. A BIE error penny can sell for $5 to $15, with higher prices for coins in better condition.
5. Die Cracks and Cuds
- Value: Pennies from 1969 or 1969-D with die cracks or cuds can vary greatly in value depending on the size and location of the error. Smaller die cracks might fetch $10 to $50, while large or prominent cuds could be worth $50 to $150 or more, particularly if they affect important areas of the design.
Summary of Pricing
- 1969 No Mint Mark (Regular): 1 to 10 cents (up to $1 in uncirculated condition)
- 1969-D (Regular): 1 to 10 cents (up to $20 for high-grade uncirculated)
- 1969 DDO (No Mint Mark): $10,000 to over $100,000
- Off-Center Strikes (Both): $10 to $100+
- Clipped Planchets (Both): $5 to $30
- BIE Error (1969-D): $5 to $15
- Die Cracks and Cuds (Both): $10 to $150+
These pricing comparisons show how the presence of errors can dramatically increase the value of a 1969 penny. While a regular circulated penny might only be worth its face value, discovering an error or rare variety could make it significantly more valuable.
FAQ
What is the value of a 1969 penny?
The value of a 1969 penny depends on its condition and mint mark. As of 2024, a circulated 1969 penny is typically worth its face value of one cent, but uncirculated or high-grade examples can be worth more. A 1969-S (San Francisco mint) penny in uncirculated condition can be worth around $1 to $5.
Are there any rare 1969 pennies?
Yes, the 1969-S Doubled Die Obverse (DDO) penny is a rare and valuable variety. These coins can fetch thousands of dollars depending on their condition.
How can I identify a 1969-S Doubled Die Obverse penny?
A 1969-S Doubled Die Obverse penny features noticeable doubling on the date and the inscriptions "LIBERTY" and "IN GOD WE TRUST" on the obverse side of the coin. A magnifying glass or microscope can help identify this doubling.
What mint marks are found on 1969 pennies?
1969 pennies were minted at three locations: Philadelphia (no mint mark), Denver (D mint mark), and San Francisco (S mint mark).
How many 1969 pennies were minted?
In 1969, approximately 1.13 billion pennies were minted at the Philadelphia mint, 4 billion at the Denver mint, and 544 million at the San Francisco mint.
What materials were used to make the 1969 penny?
The 1969 penny is made of 95% copper and 5% zinc. This composition was standard for pennies minted from 1909 to 1982.
Can I find a 1969 penny in my change?
Yes, 1969 pennies are still in circulation and can occasionally be found in pocket change, although finding high-grade examples is less common.
What should I do if I find a 1969-S Doubled Die Obverse penny?
If you believe you've found a 1969-S Doubled Die Obverse penny, it's recommended to have it authenticated and graded by a professional coin grading service. This will confirm its authenticity and determine its value.
Are there any other notable varieties of the 1969 penny?
Besides the 1969-S Doubled Die Obverse, there are no other major varieties of the 1969 penny that are widely recognized by collectors.
How can I preserve the value of my 1969 penny?
To preserve the value of your 1969 penny, store it in a protective coin holder or album to prevent damage. Avoid cleaning the coin, as this can reduce its value. Keep it in a cool, dry place to prevent tarnishing and other environmental damage.
Learn more about: 1964 penny value, 1909 S VDB Penny Value, 1944 Wheat Penny value, 1945 Wheat Penny value, 1946 Wheat Penny value, 1942 Wheat Penny value, 1964 d penny value, 1968 penny value.