1968 Penny (Lincoln Cent): Mintage & What to Check
1968 Lincoln cent: 4.86 billion struck, San Francisco scarcest. Mint marks, known varieties and how value is judged, with no prices.
At a glance
- Year: 1968
- Reverse design: Memorial reverse (1959-2008)
- Composition: 95% copper, 5% zinc (brass, called "bronze" by the Mint)
- Weight: 3.11 g
- Diameter: 19.05 mm
- Mintage, no mint mark (Philadelphia): 1,707,880,970 circulation strikes
- Mintage, D (Denver): 2,886,269,600 circulation strikes
- Mintage, S (San Francisco): 258,270,001 circulation strikes
- Mintage, S (San Francisco): 3,041,506 circulation strikes
How many 1968 pennies were made
In 1968 the U.S. Mint struck about 4.86 billion Lincoln cents for circulation: Philadelphia 1.71 billion, Denver 2.89 billion, San Francisco 258.3 million, San Francisco 3.0 million. That is 59% more than 1967. Among the 117 years from 1909 to 2025, 1968 ranks number 54 by total mintage (1 = most coins made), so it is a mid-range date for availability. The scarcest 1968 issue by mintage is San Francisco (3,041,506); the most common is Denver (2,886,269,600). Within the 1960s, 1968 ranks 3 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 rose 88% from 1967; Denver rose 117% from 1967; San Francisco fell 68% from 1967; San Francisco fell 100% from 1967.
Mint marks on a 1968 penny
The mint mark, if any, sits under the date on the front of the coin. A 1968 cent with no mint mark was struck at Philadelphia and is the normal, common form for that mint. The letters you can find on 1968 circulation cents are D (Denver) and S (San Francisco).
What to check on a 1968 penny
- 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 1968 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 1968 penny worth anything?
What a 1968 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 (San Francisco is the lowest-mintage 1968 issue), and the grade (an uncirculated coin with original red colour is a different market from a worn brown one). A normal, circulated 1968 cent from the most common mint is a very common 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 1968 penny with no mint mark rare?
No. A 1968 cent without a mint mark is the normal Philadelphia strike, and 1,707,880,970 were made.
What does the D on a 1968 penny mean?
D means the coin was struck at the Denver Mint. Denver made 2,886,269,600 cents in 1968, the most of any mint that year.
Is a 1968-S penny valuable?
S means San Francisco, which struck 258,270,001 circulation cents in 1968. Value still depends on grade and on whether the coin is a recognised variety.
Related
Sources
- https://en.wikipedia.org/wiki/Lincoln_cent_mintage_figures
- https://en.wikipedia.org/wiki/Lincoln_cent
Updated 2026-09-10.