1969 Penny Value – Searching for old antique coins is a hobby for some people and a source of pocket income for some people. Many collectors love to have antique coins, due to the value of their metal composition, the beauty of the pocket coins, and also the antiquities’ value. If you are planning to collect, and sell out some of the old penny coins, here is the general information for the 1960s Lincoln penny and 1969 penny value.
The new 1960 penny is called as Lincoln memorial penny. It is supposed to replace the old wheat ear penny, with a brand-new design.
Now, we are going to discuss the 1969 penny value, how much it is worth, and how it should be graded. If you want to collect old coins, this is information you might not want to miss out on.
This article will show you all about the 1960s Lincoln memorial penny, the category that you should hunt for, how much the 1969 d penny worth, and what error pennies you should always look for.
Before knowing about the 1969 penny value in the current antique coin market, let’s take a look at the specifications of the 1960 Lincoln memorial penny now.
The Specifications And Design For The 1969 Lincoln Memorial Penny
The initial design for the 1960s Lincoln memorial penny features the bust of US president Abraham Lincoln and the Lincoln Memorial building on the reverse side.
On the observe side, there is a bust of US president Abraham Lincoln, with the inscriptions of “In God We Trust” and “Liberty” with the current year of the penny in this case 1969.
The other side of the penny features the Lincoln memorial building, with the inscriptions of the United States of America, along with the saying “E-Pluribus Unum”.
The coin is composed of Bronze material (95% Copper and 5% Tin and Zinc). The 1969 penny value depends on the weight of the metal used by the Lincoln penny.
How Much Is The 1969 Penny Value Worth In The Current Market?
Answer the questions about how much is a 1969 penny worth depending on several factors such as the weight of metal components with the 1960 Lincoln penny, the grades of the Lincoln penny, the category and type for each penny, and the conditions of the penny.
The factors that often decide on how much a 1969 d penny worth is are the weight of the metal used in the coin, and the inflated prices for the metal.
This is why even though the Lincoln 1969 memorial penny is just a penny, and the initial value is just $0.01, the metal being used in the Lincoln penny is now worth more than just a penny and makes them have more value than its initial face value.
Other things that factor in the grading, and determining how much the 1969 penny value as the grade of each coin, the conditions, error pennies, and inflated value of collectibles rare penny.
There are also other variations and category of the 1960 Lincoln memorial penny that has a different value, and pricing for antique coin buyers.
The Variation Of The 1969 Penny And How Much It Will Be Worth
1969 d penny value was minted in 1969. US Government minted this coin has no mint mark, and also minted with another version of the 1969 D penny.
The mint mark of each coin can be seen below the date inscriptions of each coin and can be seen directly. If there is a mint mark on the coin, you can see them.
There is also the 1969 Proof penny, which was minted as limited edition pennies that were minted specially for coin collectors.
This proof penny has a limited number of mints and is sometimes worth very good value. It is called a proof penny because it was struck, and then polished blanks, specially prepared dyes, and has a smooth mirror-like surface.
Proof 1969 pennies were minted in Philadelphia, and appeared in the 1969 pennies proof set, specially minted for many coin collectors. The total of proof coins minted was 3,028,244 proof cents, struck in 1969.
Although the proof cents weren’t distributed and didn’t go into circulation, We can buy proof pennies in many antique coin dealers today, with around 3 Million specimens that have been struck.
1969 s penny value can be different in its value. For example, the 1969 penny has a slightly lower value than the 1969 D penny.
1969 copper penny was initially minted in Philadelphia, with the total quantity of minted coins at 754,345,000 amounts. While the 1969 D penny value was minted in Denver, with a total quantity of 1,753,266,700, making the D penny much easier to find, and having a lower value.
The 1969 penny value is pretty much common cents, and most of them are cheap, and not very expensive. The typical value of proof 1969 cent is around 1 to 2 dollars.
However, the most valuable and highest grade of the 1969 penny value was graded as PR69DCAM, which has been graded, as worth around 4.000 dollars. It has been sold for whopping 4.320 dollars in the auction house in 2018.
1969 Penny Error List: That Worth a Lot
One thing that many coin hunters know is that the error pennies can be worth a lot, and even worth more than regular old pennies.
The errors on the mint are different, and some of them might be worth so much, while other errors might not even worth it.
The chances of finding error pennies, especially those that have an error on mintage are incredibly rare, but it is worth finding.
Here are a few errors you should try to look up for.
- 1969 Double Die Penny – It is a double die penny that has been punched doubled, and seems to have double layers of mintage. The 1969 s penny, not a double die could be worth around $5 to $8, depending on the grade, but with a double die, it could increase by up to $50 to $60.
- 1969 Error Mark on Mintage – Mintage errors are vanishingly hard to find, and since it is very rare to find, they are worth a lot. With a 1969 no-mint mark penny that has an error on mintage, it could be worth more than $45.
- 1969 Double Re-punched Mintage – Double punched or mistaking on the mintage is very rare as well. Not many cents have error marks,1969 penny has no mint mark or double re-punched, and it has become incredibly rare.
Frequently Asked Questions Regarding About 1969 Penny Value
To help you in your penny collections, treasure hunting, or getting the best price for your Lincoln penny, then here are a few frequently asked questions to help you get started.
The frequently asked questions are compiled based on many things that are helpful for both amateur and pro coin collectors.
How much is the 1969 Penny could worth on the market? – It’s all depending on the grading, conditions, as well as category of each penny. The price range of the old penny may vary; the most common 1969 penny will only be worth around $2 to a mere $4.
The higher the grade, the more expensive it could be. The highest grade of MS-65RD, the most flawless grade could be worth more than $4.500.
How the old penny is graded? – To grade the coin, you will need to go to a coin grading service. The coin will be graded based on the conditions, category, damage, and errors. If there are error coins, it is worth it to grade them, then try to find the buyers or collectors for them, since error pennies are worth a lot in the coin collectors community.
Why do the error pennies increase the value of coins? – Because it is incredibly rare to find an error in the pennies. The most common error is mostly caused by damage from outside exposure, however, other errors are caused by mintage, such as mistakes in minted coins, double die, re-punched, no mint mark, and so on.
Many collectors are looking for some error pennies since it is a very rare specimens that can be worth more than $50 to even $150.
Should I sell my old 1969 penny? – It all depends on your choice, if you want to collect your old coins, then you might as well keep them for your collections. However, if you want to sell your old 1960s Lincoln coin, then make sure to know the specifications, as well as the grading of each coin. Try to get your hand on reddish-brown specimens, or even full-red specimens.
Looking for More Information About Coins? Check Other Years From This Lincoln Penny ( Coin ) Series:
1959 1960 1961 1962
1963 1964 1965 1966
1967 1968 1969 1970
1971 1972 1973 1974
1975 1976 1977 1978
1979 1980 1981 1982
1983 1984 1985 1986
1987 1988 1989 1990
1991 1992 1993 1994
1995 1996 1997 1998
1999 2000 2001 2002
2003 2004 2005 2006
2007 2008 2009
That’s all of the information, and complete guide on the 1969 Lincoln memorial penny, and the answer on how much the 1969 penny values for the current market. To make sure you make the right decision, either to complete your collections or sell it to get some value for your old penny, make sure to research it better, and know more about it.