Lincoln Penny Value by Year: 1909–2025 Price Chart

1969 Penny Value: 1969-S Doubled Die Price Chart

Quick answer

1969 penny value: PCGS lists $20 in MS65; the 1969-S Doubled Die Obverse reaches $605,000. Mintage, mint marks and what to check.

Updated 2026-09-25 · Sources: PCGS CoinFacts, Wikipedia

1969 Penny (Lincoln Cent): Mintage & What to Check
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What are the key facts?

  • Year: 1969
  • 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): 1,136,910,000 circulation strikes
  • Mintage, D (Denver): 4,002,832,200 circulation strikes
  • Mintage, S (San Francisco): 544,375,000 circulation strikes
  • Mintage, S (San Francisco): 2,934,631 proofs
  • Value, MS65 RD (1969, PCGS): $20
  • Top variety (PCGS): 1969-S Doubled Die Obverse: up to $605,000

How many 1969 pennies were made

In 1969 the U.S. Mint struck about 5.68 billion Lincoln cents for circulation: Philadelphia 1.14 billion, Denver 4.00 billion, San Francisco 544.4 million. That is 17% more than 1968. Among the 117 years from 1909 to 2025, 1969 ranks number 49 by total mintage (1 = most coins made), so it is a mid-range date for availability. The scarcest 1969 issue by mintage is San Francisco (544,375,000); the most common is Denver (4,002,832,200). Within the 1960s, 1969 ranks 2 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 33% from 1968; Denver rose 39% from 1968; San Francisco rose 111% from 1968. Proof cents for collectors: 2,934,631 from San Francisco.

Mint marks on a 1969 penny

The mint mark, if any, sits under the date on the front of the coin. A 1969 cent with no mint mark was struck at Philadelphia and is the normal, common form for that mint. The letters you can find on 1969 circulation cents are D (Denver) and S (San Francisco). Proof cents carry an S and have mirror-like fields; they came from collector sets, not from circulation.

What to check on a 1969 penny

  • 1969-S doubled-die obverse. Fewer than 100 genuine examples are believed to exist; it was initially seized by the U.S. Secret Service as a suspected counterfeit before the San Francisco Mint variety was accepted as authentic.
  • The 1969-S doubled die obverse is one of the rarest modern varieties: strong doubling on the date and lettering, but the S mint mark itself is not doubled (mint marks were punched separately then). A doubled S means machine doubling, not this variety. Counterfeits exist, so authentication is required.
  • 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.
  • Rule out cleaning (unnatural brightness, fine parallel scratches) and flat machine doubling before you call anything a variety; see how to read dates and mint marks.

How much is a 1969 penny worth?

PCGS Price Guide values for 1969 cents (updated September 24, 2026, U.S. dollars, for coins certified by PCGS):

  • 1969: $6 in MS63 RD and $20 in MS65 RD.
  • 1969-D: $5 in MS63 RD and $20 in MS65 RD.
  • 1969-S: $8 in MS63 RD and $20 in MS65 RD.

The 1969 coins that bring real money are the varieties and errors:

  • 1969-S Doubled Die Obverse (RD): $31,500 in MS60 up to $605,000 in MS66.

San Francisco is the lowest-mintage 1969 issue (544,375,000 struck), so it is the mint collectors check first. Guide prices assume a certified coin; an uncertified, worn 1969 cent usually sells for less than the lowest figure above, often little more than face value. RD means full original red copper, RB red-brown, BN brown; the color grade can multiply the price. How grade and variety turn into a number is explained in what makes a coin valuable.

FAQ

Is a 1969 penny with no mint mark rare?

No. A 1969 cent without a mint mark is the normal Philadelphia strike, and 1,136,910,000 were made.

What does the D on a 1969 penny mean?

D means the coin was struck at the Denver Mint. Denver made 4,002,832,200 cents in 1969, the most of any mint that year.

Is a 1969-S penny valuable?

S means San Francisco, which struck 544,375,000 circulation cents in 1969, the lowest mintage of the year, so it is the issue collectors look for first. Value still depends on grade and on whether the coin is a recognised variety.

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Sources

  • PCGS CoinFactswww.pcgs.com/prices/detail/lincoln-cent-modern/47/most-active
  • Wikipediaen.wikipedia.org/wiki/Lincoln_cent_mintage_figures
  • PCGS CoinFactswww.pcgs.com/coinfacts/coin/1969-s-1c-doubled-die-obverse-rd/2916
  • Wikipediaen.wikipedia.org/wiki/Lincoln_cent
  • PCGS CoinFactswww.pcgs.com/coinfacts/coin/1969-s-1c-doubled-die-obverse-bn/2921

Compiled by the CoinLens editorial team

Every fact on this page is taken from the sources listed above; numbers and prices are copied from the source, and prices name the guide or auction and its date. Research and drafting were assisted by AI, and each claim was then checked against the cited sources. Checked 2026-09-25. We do not buy, sell or grade items; the app identifies what you photograph and points you to these references.

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