Last Updated on April 7, 2022
In 1967, the United States Mint released a new penny. This penny was made of 95% copper and 5% zinc, and it featured the profile of President Abraham Lincoln on the front. The 1967 penny is one of the most common coins you will find.
That is because three billion coins were minted of the 1967 penny. Because of this, the 1967 penny value is not that much if you want to collect this coin.
So, if you want a more detailed look into the value of this penny, you are in the right place. Here is what you need to know about it.
How Much Is 1967 Penny Worth?
If you find a 1967 penny that does not have a mint mark, then its worth will be at least $0.20 if the grade is MS63RB and the coin is uncirculated. On the other hand, the same coin with a grade of MS65RD in an uncirculated condition will be worth at least $0.50.
The 1967 pennies that are in circulation will only have their worth in the copper weight. The copper melt value of this penny is around $0.02. Because of this, the coins will only sell for a relatively higher value if they come in an uncirculated condition.
It is a great coin for your collection and as there are so many of these coins out in the market, usually all avid coin collectors have one. It can be easily found online on eBay or other similar sites.
What Is The Difference Between MS63RB And MS65RD 1967 Pennies?
The 1967 penny value depends on these two grading systems. That is why it is important to know the difference between each one. For example, in the MS63RB, you will find a few contact marks and blemishes.
Besides that, the color of the coin will be reddish-brown, and the luster will not be as visible as in other grades. On the other, the MS65RD uncirculated gem will have an incredible eye appeal and luster. You will notice slight contact marks, but they will not be too visible.
Finally, the color of this coin will also be red. That is why the value of this grade will be relatively higher than the rest.
What Are The 1967 Penny Errors?
Almost all coins have some errors or damage that will give them a higher value. However, with the 1967 pennies, most of the errors are only post-minting alteration or damage. Of course, there are actual errors in some that will give you a higher value.
It is important to know what the errors are and how to look for them. Once you do, you will get a high 1967 penny value of an error coin in no time.
What Is The 1967 Penny Value Of A Doubled Die Error?
Unfortunately, there are no majorly known 1967 doubled die pennies that have significant doubling for them to have a high value. However, there are many that are cool and collectible. That is because these pennies have minor doubling errors as they exist on the date and lettering.
The 1967 penny value of a doubled die error can be between $20 and $50 per coin. It can even be worth more if you know what increases the value of the coin. Of course, that depends on the error’s magnitude and the demand for these particular pieces from various collectors.
What Is The 1967 Penny Value Of A Die Crack And Die Break Error?
The 1967 penny value of a die crack error is between $5 and $25. The value will depend on the location and the size of the die break. These will usually show up as bumps, squiggles, and raised lines that you must notice on the coin.
On the other hand, die cud errors are the most valuable. A 1967 penny with such an error can have a value between $100 and $150. The value can be even more depending on how big the die crack is and where it is.
You May Also Like…