How Much Is A 1968 Penny Worth?

Last Updated on August 15, 2022

The 1968 penny is common, which is why it is not too valuable in circulated conditions. If you find these pennies in uncirculated conditions, then you might get a premium value for them.

If you are planning to trade the 1968 pennies, you are in the right place. Here is a complete guide to help you understand the value of these pennies.

1968 S Lincoln Wheat Penny Brilliant Uncirculated

Contents

How Much Is A 1968 Penny Worth?

Type of 1968 Penny Condition  Worth
1968 Penny Circulated  Face Value 
  Uncirculated 10 and 25 cents
1968 D Penny Circulated  2 cents 
  Uncirculated 10 and 25 cents
1968 S Penny Circulated  2 cents
  Uncirculated 15 and 30 cents 
1968 Proof Penny Average $1
  Mint Hundreds or thousands of dollars

The worth of the 1968 penny depends on the condition and type of penny you have. The 1968 penny with no mintmark is not rare, and they will only be worth their face value in circulated conditions. However, if you find the 1968 penny in an uncirculated condition, then it can be worth between 10 and 25 cents. 

The 1968 penny also comes with a D mintmark, which means it was minted in Denver. These pennies are worth at least two cents in circulated conditions. These pennies will be between 10 and 25 cents in an uncirculated condition.

The 1968 penny also comes with an S mintmark, which means it was minted in San Francisco. These pennies are worth at least two cents in circulated conditions. In an uncirculated condition, these pennies can be worth between 15 and 30 cents. 

Finally, the proof pennies will be worth at least $1 in typical condition. However, these pennies are known to sell for thousands of dollars in mint conditions. 

What Is The Value Of A 1968 Double Die Error Penny?

The double die penny is valuable if the error is significant and rare. The 1968 double-die penny error is not as valuable as compared to other pennies. However, they can still be worth something if you look closely and understand the error. 

For example, the doubling of the bowtie, ear, beard, and eye of Lincoln will get you the most money. Such varieties of the double die error will be worth between $25 and $100. The final value will depend on how significant the error is. 

What Is The Value Of A 1968 Repunched Mintmark Error Penny?

1968 S Lincoln Wheat Penny Brilliant Uncirculated

The repunched mintmark error penny is another one you must look for from the 1968 series. These are common, and many coin collectors have this error coin in their collection. For example, if you find the repunched mintmark in the 1968 S and D penny, then it will be worth between $5 and $15. 

On the other hand, if the magnitude of this error is significant, then you will easily trade this penny for more than $50. Some specimens of such errors can also sell for hundreds of dollars. The value is also determined by the magnitude of the error. 

What Is The Value Of A 1968 Die Break Error Penny?

The die break error penny is another common error coin that can include raised lines, bumps, lumps, squiggles, and more. These can be very visible, depending on the size of the error and the location. That is why you will find that the value of these error coins can range a lot. 

For example, one of the most popular die break 1968 penny is the BIE Error. If you find this coin, then it can be worth between $5 and $10. Of course, if the damage is significant, then the value will go even higher. 

What Is The Value Of The 1968 Floating Roof Error Penny?

1968 S Gem Proof Lincoln Memorial Cent US Coin Penny

Finally, we have the 1968 floating roof error penny. These pennies have the memorial roof hovering over Washington. You can find this error on any memorial cent, which is why the value of this error penny is not too high. 

For example, most of these error pennies will trade for a value between $1 and $5. However, you can still keep this error coin because it might have a higher value in the future. The value of coins keeps on changing as they get older and rarer. 

Jackie Palmer is a Houston-based coin journalist and fashion enthusiast. She joined Jewels Advisor’s content team after years of experience as a content strategist, managing blogs and social channels for local stores. Jackie mostly collects and studies US coins produced during the 20th century and over the years, published hundreds of articles for multiple coin publications.