Hello readers, welcome to the new post. This post will discuss How Much Is the 1967 Penny Value and Worth in 2023? (Rare Errors, “SMS,” and No Mint Mark). Pennies, the most commonly circulated coins in the USA, are part of the history of the country. The penny is an interesting topic for coin livers, and it comes with unique features that significantly affect its value and use. Here, we will discuss its historical importance, different errors, and related parameters. So, let’s start with the penny value in 2024.
History of the 1967 Penny
The 1967 penny is vital due to its relation to the Vietnam War and its related time. The year of the Canadian Confederation was also a critical time for Canadian coinage. In the USA, in 1967, there was a transitional era where the Mint faced different compositions for the penny with the application of SMS coins.
1967 penny Composition
Composition | Type | Weight (grains) | Weight (grams) | Weight (ounces) | Minted from | Minted to |
100% copper | Large pennies | $208 | $13 | 0.47549 | 1793 | 1795 |
100% copper | Large pennies | $168 | 10.89 | 0.38413 | 1795 | 1857 |
88% copper | Small pennies | 72 | $5 | 0.16473 | 1856 | 1864 |
95% copper (bronze) | Small pennies | 48 | 3.11 | 0.1097 | 1864 | 1942 |
Zinc-coated steel | Small pennies | 42 | 2.72 | 0.09595 | 1943 | 1943 |
95% copper (gilding metal) | Small pennies | 48 | 3.11 | 0.1097 | 1,944 | 1946 |
95% copper (bronze) | Small pennies | 48 | 3.11 | 0.1097 | 1,947 | 1962 |
95% copper (gilding metal) | Small pennies | 48 | 3.11 | 0.1097 | 1,962 | 1982 |
5% zinc (copper-plated zinc) | Small pennies | $39 | 2.5 | 0.08818 | 1,982 | Currently used |
How much is a 1967 penny worth?
The value of the 1967 penny is defined on the basis of its condition. The circulated 1967 penny value is about 0.1 to 0.2 dollars. The value of a 1967 penny in uncirculated conditions can be about $55 to $5,850. The 1967 penny is considered a valuable penny that comes with errors. Such a 1967 penny with the doubled die error comes with a value of more than $5,000.
Here tale made for values of the 1967 penny in different conditions
Condition | Value |
---|---|
Circulated conditions | $0.1 – $0.2 |
Uncirculated conditions | $55 – $5,850 |
Error value | $5,000+ |
If there is any 1967 penny that you think is most valuable, take it to a coin dealer. He will easily define that what is the exact value of this coin.
What is the 1967 No Mint Mark Penny Value?
The 1967 penny no mint mark value is found based on conditions. If the penny is circulated, it will have a value of about $0.1 to $0.2. While in uncirculated condition, its value will be about $55 to $5,850. 3,048,667,100 pennies made in 1967 without mint markand these coins has high copper content with red color value is $0.30 to $17.
- Ms67 grade have value about 360 dollars and recorded value is $4,945.
- MS67= $2,650 (August 2021)
- red brown penny= 85 dollars
In this table, we can see different conditions for the 1967 no-mint penny value:
Condition | Value |
---|---|
Circulated | $0.1 to $0.2 |
Uncirculated | $55 to $5,850 |
Error | $5,000+ |
1967 penny no-mint mark values are shown in this table.
Condition | Value |
---|---|
Uncirculated | $0.20 to $0.50 |
About Uncirculated | $0.15 to $0.40 |
Extremely Fine | $0.10 to $0.30 |
Fine | $0.05 to $0.20 |
Good | $0.01 to $0.10 |
What makes the 1967 Lincoln Penny so valuable?
Different parameters that make the 1967 Lincoln pennies valuable are defined here.
- Low mintage: The USA Mint made some 1967 pennies less than in other years since the mint was shifting to the use of copper-plated zinc for the creation of pennies, and at that time, copper did not exist in bulk.
- Errors: Several error varieties of 1967 pennies can be valuable. These errors are doubled dies, off-center strikes, and strike-through grease errors.
- Demand: There is a high demand for collectible coins, such as 1967 pennies. This need is met due to many parameters, such as low mintage, errors, and the historical value of the Lincoln penny.
Read also: How Much Does a Quarter Weigh in Grams
How much is a dime from 1967 worth?
Different parameters define the value of the 1967 dime, such as its condition and whether it has any errors. Circulated 1967 dimes value exists between $0.10 and $0.20. At the same time, uncirculated 1967 dimes are valued from $5 to $500. The consequences that come with the error will be valuable based on the effect of the error. For a 1967 dime with doubled die error, it can be about $5,000.
What Makes a 1967 Dime Rare?
Some terms make the 1967 dime rare.
- Low mintage:
- Errors:
- Demand:
What is the 1967 Penny error?
Die Crack Penny Error
Die crack comes in the manufacturing of coins, it occurs due to the use of older dies that have different marks or cracks. When struck with a coin crack shifted to coins. The 1967 penny has an obverse side die crack error. The coin with this error can have a value of about five to ten dollars.
1967 Double Die Penny
The double die error comes when the die strikes many times as a result many lines of design come. The double die is not only occurs but also multiple die error occurs. Double die 1967 penny can sold for $25 to $100 on the base of condition.
Cap Dies Error
This error comes when the coin sticks with the die when gets the first strike. Coin with this error can sold for 25 dollars.
1967 B.I.E. Error Penny
The 1967 B.I.E. error penny is a die crack error that exits when a small crack exists in the die employed in the struck coin. The crack looks like a vertical line between letters B and E in the word LIBERTY on the back side of the coin. The die manufacturing error causes errors, which is very common. But coins that have this error still are valuable and come with high face value.
The 1967 B.I.E. error penny value based on error affects the demand and condition of the coin. Normally coins with error are $5 and $15 value. However, coins with robust errors or in good condition can be high value.
Related: How Much does a Dime Weigh?
1967 Penny Features
The main features of 1967 penny are re-explained here
- Composition: This penny is created with 95 percent copper and five percent zinc material
- Weight: The weight of this penny is about 3.11 grams.
- Diameter: Its diameter is about 0.75 inches.
- Thickness: This penny comes with a thickness value of about 0.00598 inches.
- Edge: it also has a plain edge.
- Design: The front side of this penny has a portrait of Abraham Lincoln, made by Victor David Brenner. The penny’s reverse features the Lincoln Memorial that is created by Frank Gasparro.
- Mint mark: This penny is made at the Philadelphia Mint and has no mint mark.
- Value: The 1967 penny value is defined based on conditions errors and valuable coins’ requirements. The circulated 1967 comes with a $0.01 value. The value of an uncirculated 1967 penny can be $0.10 to $5.
Obverse Of 1967 Penny
Reverse Of 1967 Penny
The back side of this penny has a Lincoln memorial and a design made by Frank Gasparro. The country name UNITED STATES oF AMERICA, Emblum EPLURIBUS UNUM· and denomination ONE CENT also exists on this side.
Some other features of the 1967 penny are
- Its face value is about 0.01 dollars and made with a mixture of an alloy of 95% copper
- its thickness is 0.059 inches with a round shape
- Its diameter is 0.75 inches and its weight is 0.11 ounces plain edge
1967 Special Mint Set Penny
The USA mint not made-proof pennies from 1964 to 1967 years as a result some special mint sets can be found. Their design is good looking as compared to normal pennies but has less quality as compared to proof pennies. The S mint made 1,863,344 SMS pennies without a mint mark in 1967. These coins are of higher value than normal coins. Based on quality, the average value is about red-colored for the MS65 grade is 3 dollars or 105 dollars for the MS68 grade.
- The red SP68 SMS penny is 978 dollars
- Red-brown =510 dollars
Red 1967 SMS CAM penny Value
- SP 65 penny = $75
- SP 66 penny = $180
- SP 67 penny = $350
- SP 68 penny = $2,500
- SMS DCAM red cents with SP65 grade sold for $2,000 and in 2018 sold for $3,360.
1967 Die Crack and Die Break Penny
- A die crack is an error that exists when a small crack is in the die used to strike a coin. It is caused by different parameters like manufacturing errors or the existence of external objects in the die.
- Die cracks can be smaller in size and not easily seen, or they can be large enough to divide the coin into two pieces. It can occur for similar causes like die crack, but it mostly exists when dying at high pressure, like when striking many coins. Die breaks can completely damage the coin or it will leave a high effect on the coin
Both die cracks and die breaks are collectible types of errors. The value of coins with die or die bera is based on different parameters such as error effect, coin donation, and need for collectible coins. Normally coins that have die cracks and die breaks have a higher value than regular coins but their values can be changed
Is The 1967 Penny Pure Copper?
The 1967 penny is not our copper but has a high content of copper as compared to current cents. The 1967 penny have 95 percent copper and melt value is double of face value.
How Much Is A 1967 Lincoln Penny Worth Today?
Some factors that defined the value of the 1967 Lincoln penny are explained here.
Uncirculated 1967 Lincoln Pennies
Uncirculated 1967 Lincoln pennies come with about $0.10 and $0.50. The value is based on the grade of the coin. With a high grade a larger value
Error 1967 Lincoln Pennies
Error 1967 Lincoln pennies have a higher value than uncirculated pennies. Errored coin value based on error conditions,
Circulated 1967 Lincoln Pennies
These pennies have value about their face value. However, some circulated pennies can be high value if they are in good condition or have interesting marks
How to Value a 1967 Lincoln Penny
The best method to define the 1967 penny value is to get the services of a coin dealer. The coin dealer will define the value based on penny conditions. Existence of error and need of coin. After that, he will give you the exact value.
We can also use online sites to know the value of coins. Different sites help to provide the details of coins and they give an idea about the value of coins.
Where To Buy Or Sell 1967 Pennies?
- Coin dealers: Coin dealers specialize in buying and selling coins. They will usually have various coins available, such as 1967 pennies.
- Online auction sites: Differnt sites, such as eBay, help to buy and sell coins from different sites. it will be good to see certain coins you need to get the best cost of coins
- Coin shows: in these events, differnt coin dealers collect get and sell coins. It can be goo to get the different coins and their prices.
Factors Affecting the Value of a 1967 Penny
Rare Errors
The errors on the 1967 penny add to its value for collectors. Some common errors are double strikes, off-center strikes, and die cracks. These faults exist during the minting process and are sought after by coin collectors
Unique Mint Sets
The addition of Special Mint Sets (SMS) in 1967 added further value of the penny. The SMS pennies were made with proper consideration, making sharper strikes and accurately defined details. Collectors mostly get these coins, appreciating their high quality.
No Mint Mark
Unlike other years, the 1967 penny has no mint mark, making it unique. A mint mark has existed since pennies made in 1967 were produced at the Philadelphia Mint. The existence of the mint mark, linked with its unique features, added to the value of the 1967 penny.
Demand and rarity
The 1967 penny scarcity, especially those with rare errors and SMS coins, increased its need among collectors. As these coins in circulation decrease with time, their value rises. The need for these unique pennies are steady, making them an excellent addition to any coin collection.
Cost and Valuation
Defining the exact value of a penny can be difficult. Differnt parameters are added like errors, rarity, condition, and marker need. Professionl coins graders can offer the objective value of penny condition, providing the value of con. With that research through coin dealers’ actions can give an accurate value of a penny
How to Identify Authentic 1967 Pennies
- Weight and dimensions coins: Authentic coins must the according to standard weight and size features
- Observe the edge: A genuine 1967 penny’s edge must be smooth and not have signs of reeding or grooves.
- Read details: Check the different parameters like the sharpness of the strike, the errors, and the absence of a mint mark.
1967 penny error list
The 1967 penny error list is shown here
Error Type | Description | Value Range |
Doubled Die | 1967 penny with significant and visible doubling: | $20 to $50 per piece |
Die Crack And Die Break | Coins damaged due to old, broken, or cracked dies | : $5 to $100 |
BIE Error | A common error with a line between letters in “LIBERTY” on 1967 pennies | : $5 to $15 per piece |
Double/Triple Strike | Deformed coins from double or triple strikes: | Approximately $900, some may find more |
Cap Dies (Mushrooms, Bottle Caps) | Pennies resulting from sticking to the die after the first strike | $25 |
Read more
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1967 Penny Won Auction Records
Year | Variety | Grade | Designation | Sale Price | Sale Date | Auction/Platform |
1967 | SP 68 CAM SMS | – | Memorial cent (Lincoln penny) | $5,581 | 06-04-2014 |
Heritage Auctions
|
1967 | MS 67 | Red | Memorial cent (Lincoln penny) | $4,945 | 11-01-2008 |
Bowers & Merena
|
1967 | SP 65 DCAM SMS | – | Memorial cent (Lincoln penny) | $3,360 | 06-17-2018 |
Heritage Auctions
|
1967 | MS 70 | Brown | Memorial cent (Lincoln penny) | $2,650 | 08-10-2021 | eBay |
1967 | SP 68 SMS | Red | Memorial cent (Lincoln penny) | $978 | 08-11-2011 |
Heritage Auctions
|
1967 | SP SMS | Red-brown | Memorial cent (Lincoln penny) | $510 | 06-30-2010 | eBay |
1967 | UNC Details SMS | Brown | Memorial cent (Lincoln penny) | $103 | 01-31-2021 | eBay |
1967 | MS 65 | Red-brown | Memorial cent (Lincoln penny) | $85 | 02-01-2018 | eBay |
What are the most expensive Lincoln coins?
Year | Mint Mark | Reverse | Grade | Description | Value |
1943 | D | Wheat | MS 64 | Brown Penny (Bronze) | $840,000 |
1943 | S | Wheat | MS 63 | Brown Penny (Bronze) | $504,000 |
1944 | S | Wheat | MS 66 | Penny (Steel) | $408,000 |
1943 | – | Wheat | MS 62 | Brown Penny (Bronze) | $372,000 |
1958 | – | Wheat | MS 64 | Red Penny (Doubled Die Obverse) | $336,000 |
1999 | – | Memorial | MS 66 | Cent | $138,000 |
1969 | S | Memorial | MS 64 | Cent (Doubled Die Obverse) | $126,500 |
1959 | D | Memorial | MS 60 | Cent | $48,300 |
1,963 | – | Memorial | PR 70 | Cent | $40,250 |
1,992 | – | Memorial | MS 67 | Red Cent (Close AM) | $25,850 |
FAQs
What year is a penny worth $5000?
The most valuable penny is the 1909 VDB penny, which has a value of more than $5000 in good condition. It is rare, as the designer, Victor D. Brenner, was accidentally omitted from the front design.
How much is a 1967 penny worth with no mint mark quarter?
A 1967 penny with no mint mark is valued at $15.24 in average condition. However, if the penny comes with errors or is in mint condition, it will have a high value. Such as a 1967 penny that has a double die error and has sold for $1000.
What is the most expensive penny?
The most expensive is the 1909 VDB penny, $5000.
Which year of a penny is valuable?
These below-listed years of pennies are considered valuable:
- 1909 VDB penny
- 1914-D penny
- 1943 copper penny
- 1955 double die penny
- 1969-S doubled die penny
- 1970-S double die penny
- 1982-D penny with no mint mark
- 1992-D penny with no mint mark
- 1993-P penny with no mint mark
These pennies are valuable since they come with errors or are rare.
What are the 25 most valuable pennies?
Top 25 most valuable pennies:
The top 25 most valuable pennies
- 1909 VDB penny
- 1914-D penny
- 1943 copper penny
- 1955 double die penny
- 1969-S doubled die penny
- 1970-S double die penny
- 1982-D penny with no mint mark
- 1992-D penny with no mint mark
- 1993-P penny with no mint mark
- 1909-S penny
- 1913 penny
- 1931-S penny
- 1944-D steel penny
- 1944-S steel penny
- 1955-S doubled die penny
- 1969-D double die penny
- 1970-D double die penny
- 1982-P penny with no mint mark
- 1992-P penny with no mint mark
- 1993-S penny with no mint mark
- 1909-S VDB penny
- 1913-S penny
- 1931-D penny
- 1943-S copper penny
- 1944-D steel penny
Which coin is most valuable?
The 1794 Flowing Hair Dollar is a very valuable coin, with a value of more than $10 million in good condition. It was part of the first coin made in the USA.
Which coin should I buy to get rich?
There is no confirmation that any coin will make any person rich. However, if you need a coin that has the potential to rise in value, you need to consider buying a rare coin or a coin that has errors.
What coin is worth $100,000?
1794 Flowing Hair Dollar, worth more than $10 million in good condition. It is rare since it is one of the first coins ever made.
What are the top 5 coins?
The top 5 coins are:
- 1794 Flowing Hair Dollar
- 1909 VDB penny
- 1914-D penny
- 1943 copper penny
- 1955 double die penny
Is the 1967 penny worth any money?
Yes, the 1967 penny is higher than its face value. A circulated 1967 penny valued about $0.10 to $0.20. However, a 1967 penny in the uncirculated form will have a high value according to grade. The larger price paid for the 1967 penny was $4,945 at an auction in 2008.
How much does a 1967 penny sell for?
The cost of a 1967 penny is defined by condition and grade. A circulated 1967 penny is $0.10 to $0.20. A 1967 penny, uncirculated, will have a high value.
Which year is the rarest penny?
The rarest penny is the 1943 copper penny. Just a dozen of these pennies exist, and their value is thousands of dollars.
Which penny is rare?
Some different one-penny coins are rare. Some examples are:
- 1940 steel penny
- 1943 copper penny
- 1944 steel penny
- 1955 double die, obverse penny
- 1969-S penny
- 1982 D penny with no mint mark
What is a Grade 67 penny?
A Grade 67 penny is a penny that is graded by a professional coin grading service as being in Mint State 67 condition. That means that the penny is uncirculated and comes with less wear and error.
Why is a 1983 D penny worth so much?
The 1983 D penny is rare since it was not made for a long period after getting to know that it comes with a die-break error. That is a small crack in the die that is used to mint the pennies. This error causes the pennies to have a raised line on the coin.
What year is a penny worth $100?
Some different-year pennies are worth $100 or more.
- 1909-S VDB penny
- 1914-D penny
- 1931-S penny
- 1943 copper penny
- 1955 double die, obverse penny
Lincoln penny worth $1000:
The 1909-S VDB penny is $1000 or more.
Why are 1968 pennies more valuable than 1967 pennies?
1968 pennies are more valuable than 1967 pennies as they are rarer. The US Mint produced more 1968 pennies than 1967 pennies.
What makes a 1970 penny rare?
Some things can make a 1970 penny rare. One is if the penny has a die-break error. Die break errors are caused by a crack in the die that is used to mint the coins. Another reason the 1970 penny is rare is if it is in uncirculated condition.
Why is a 1968 penny rare?
The 1968 penny is rare, as the US Mint made fewer 1968 pennies than any other year in the Lincoln series.
Why is a 1933 penny worth so much?
It is one of the rarest pennies in the world. The US Mint melted down most of the 1933 pennies created since the Great Depression.
How much is a 1999 penny worth?
A 1999 penny is about $0.01.
What year is a penny worth $20000?
Based on its condition and grade, the 1909-S VDB penny is $20000 or more.