1972 Penny Value: Doubled Die Price Chart by Grade
Quick answer
1972 penny value: PCGS lists $16 in MS65; the 1972 Doubled Die Obverse reaches $23,500. Mintage, mint marks and what to check.
Updated 2026-09-25 · Sources: PCGS CoinFacts, Wikipedia

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Download on the App StoreWhat are the key facts?
- Year: 1972
- 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): 2,933,255,000 circulation strikes
- Mintage, D (Denver): 2,665,071,400 circulation strikes
- Mintage, S (San Francisco): 376,939,108 circulation strikes
- Mintage, S (San Francisco): 3,260,996 proofs
- Value, MS65 RD (1972, PCGS): $16
- Top variety (PCGS): 1972 Doubled Die Obverse: up to $23,500
How many 1972 pennies were made
In 1972 the U.S. Mint struck about 5.98 billion Lincoln cents for circulation: Philadelphia 2.93 billion, Denver 2.67 billion, San Francisco 376.9 million. That is 12% more than 1971. Among the 117 years from 1909 to 2025, 1972 ranks number 48 by total mintage (1 = most coins made), so it is a mid-range date for availability. The scarcest 1972 issue by mintage is San Francisco (376,939,108); the most common is Philadelphia (2,933,255,000). Within the 1970s, 1972 ranks 8 of 10 years for mintage; the decade's high was 1979 (10.16 billion) and its low was 1971 (5.36 billion). Mint by mint: Philadelphia rose 53% from 1971; Denver fell 8% from 1971; San Francisco fell 28% from 1971. Proof cents for collectors: 3,260,996 from San Francisco.
Mint marks on a 1972 penny
The mint mark, if any, sits under the date on the front of the coin. A 1972 cent with no mint mark was struck at Philadelphia and is the normal, common form for that mint. The letters you can find on 1972 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 1972 penny
- 1972 doubled-die obverse (Type 1). Strong southwest doubling on all four date digits; considered the major doubled die of 1972 among more than ten weaker doubled dies found that year, caused by a Mint hub-and-die modification made in 1969.
- The 1972 doubled die obverse (Philadelphia) shows clear doubling on LIBERTY, IN GOD WE TRUST and the date. Several lesser doubled dies exist for 1972; only the strongest one carries a real premium.
- 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 1972 penny worth?
PCGS Price Guide values for 1972 cents (updated September 24, 2026, U.S. dollars, for coins certified by PCGS):
- 1972: $6 in MS63 RD and $16 in MS65 RD.
- 1972-D: $5 in MS63 RD and $18 in MS65 RD.
- 1972-S: $4 in MS63 RD and $16 in MS65 RD.
The 1972 coins that bring real money are the varieties and errors:
- 1972 Doubled Die Obverse (RD): $300 in MS60 up to $23,500 in MS68.
- 1972 DDO FS-104 (RB): $760 in MS60 up to $2,500 in MS65.
- 1972 DDO, FS-106 (BN): $20 in MS60 up to $175 in MS66.
- 1972 DDO, FS-105 (RB): $75 in MS60 up to $125 in MS65.
San Francisco is the lowest-mintage 1972 issue (376,939,108 struck), so it is the mint collectors check first. Guide prices assume a certified coin; an uncertified, worn 1972 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 1972 penny with no mint mark rare?
No. A 1972 cent without a mint mark is the normal Philadelphia strike, and 2,933,255,000 were made.
What does the D on a 1972 penny mean?
D means the coin was struck at the Denver Mint. Denver made 2,665,071,400 cents in 1972, a normal share of the year's output.
Is a 1972-S penny valuable?
S means San Francisco, which struck 376,939,108 circulation cents in 1972, 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.
More in Lincoln Penny Value by Year: 1909–2025 Price Chart
- 1970 Penny Value: Price Chart by Grade & Mint Mark
- 1971 Penny Value: Price Chart by Grade & Mint Mark
- 1973 Penny Value: Price Chart by Grade & Mint Mark
- 1974 Penny Value: Price Chart by Grade & Mint Mark
- 1975 Penny Value: Price Chart by Grade & Mint Mark
- 1976 Penny Value: Price Chart by Grade & Mint Mark
- 1977 Penny Value: Price Chart by Grade & Mint Mark
- 1978 Penny Value: Price Chart by Grade & Mint Mark
- 1979 Penny Value: Price Chart by Grade & Mint Mark
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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/1972-1c-doubled-die-obverse-rd/2950
- Wikipediaen.wikipedia.org/wiki/Lincoln_cent
- PCGS CoinFactswww.pcgs.com/coinfacts/coin/1972-1c-doubled-die-obverse-bn/2948
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.