1960 Penny (Lincoln Cent): Mintage & What to Check
1960 Lincoln cent: 2.17 billion struck, Philadelphia scarcest. Mint marks, known varieties and how value is judged, with no prices.
At a glance
- Year: 1960
- Reverse design: Memorial reverse (1959-2008)
- Composition: 95% copper, 2.5% tin, 2.5% zinc (bronze)
- Weight: 3.11 g
- Diameter: 19.05 mm
- Mintage, no mint mark (Philadelphia): 586,405,000 circulation strikes, 1,691,602 proofs
- Mintage, D (Denver): 1,580,884,000 circulation strikes
How many 1960 pennies were made
In 1960 the U.S. Mint struck about 2.17 billion Lincoln cents for circulation: Philadelphia 586.4 million, Denver 1.58 billion. That is 15% more than 1959. Among the 117 years from 1909 to 2025, 1960 ranks number 64 by total mintage (1 = most coins made), so it is a mid-range date for availability. The scarcest 1960 issue by mintage is Philadelphia (586,405,000); the most common is Denver (1,580,884,000). Within the 1960s, 1960 ranks 9 of 10 years for mintage; the decade's high was 1964 (6.45 billion) and its low was 1965 (1.50 billion). Mint by mint: Philadelphia fell 4% from 1959; Denver rose 24% from 1959. Proof cents for collectors: 1,691,602 from Philadelphia.
Mint marks on a 1960 penny
The mint mark, if any, sits under the date on the front of the coin. A 1960 cent with no mint mark was struck at Philadelphia and is the normal, common form for that mint. The letters you can find on 1960 circulation cents are D (Denver). Proof cents for 1960 were struck at Philadelphia with no mint mark; they have mirror-like fields and came from collector sets, not from circulation.
What to check on a 1960 penny
- 1960 comes in a small date and a large date. On the small date the top of the 9 sits level with the top of the 1 and the 6 has a short tail; the Philadelphia small date is the scarcer of the four combinations.
- Cents from this era are 95% copper and weigh 3.11 g. A coin with this date that weighs about 2.5 g is a plated or altered piece, not a transitional error (zinc cents only begin in 1982). Small raised blobs or lines between letters, especially between the B and E of LIBERTY, are die breaks (collectors call them BIE cents); they are common and carry little premium.
- For any 1960 cent, check three things before anything else: that the date and mint mark are fully readable, that the surfaces have not been cleaned (unnatural brightness, fine parallel scratches), and whether any doubling on the lettering is true die doubling (rounded, separated) rather than flat machine doubling.
Is a 1960 penny worth anything?
What a 1960 cent is worth depends on three things in this order: the variety (a recognised doubled die or transitional error is worth far more than a normal coin), the mint (Philadelphia is the lowest-mintage 1960 issue), and the grade (an uncirculated coin with original red colour is a different market from a worn brown one). A normal, circulated 1960 cent from the most common mint is an available coin; published price guides from grading services list values by grade and variety, and they change over time. This page does not give prices. To get a reference range for the exact coin in your hand, photograph both sides in even light and let the app read the date, mint mark and visible varieties first.
FAQ
Is a 1960 penny with no mint mark rare?
No. A 1960 cent without a mint mark is the normal Philadelphia strike, and 586,405,000 were made.
What does the D on a 1960 penny mean?
D means the coin was struck at the Denver Mint. Denver made 1,580,884,000 cents in 1960, the most of any mint that year.
How do I tell if my 1960 penny is an error coin?
Compare it with the checklist above. True errors and varieties for 1960 are listed there; a photo of both sides in even light is enough for the app to flag the features worth a closer look.
Related
Sources
- https://en.wikipedia.org/wiki/Lincoln_cent_mintage_figures
- https://www.pcgs.com/coinfacts/coin/1960-1c-small-date-bn/2911
- https://en.wikipedia.org/wiki/Lincoln_cent
Updated 2026-09-10.