2023 Penny Value: Price Chart by Grade & Mint Mark
Quick answer
2023 penny value: PCGS lists prices by grade; the 2023-D Shield reaches $115. Mintage, mint marks and what to check.
Updated 2026-09-25 · Sources: PCGS CoinFacts, Wikipedia, U.S. Mint
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Download on the App StoreWhat are the key facts?
- Year: 2023
- Reverse design: Union Shield reverse (2010-present)
- Composition: copper-plated zinc (97.5% zinc core, 2.5% copper plating)
- Weight: 2.5 g
- Diameter: 19.05 mm
- Mintage, no mint mark (Philadelphia): 2,262,000,000 circulation strikes
- Mintage, D (Denver): 2,260,800,000 circulation strikes
- Mintage, S (San Francisco): 369,236 proofs
How many 2023 pennies were made
In 2023 the U.S. Mint struck about 4.52 billion Lincoln cents for circulation: Philadelphia 2.26 billion, Denver 2.26 billion. That is 29% fewer than 2022. Among the 117 years from 1909 to 2025, 2023 ranks number 55 by total mintage (1 = most coins made), so it is a mid-range date for availability. The scarcest 2023 issue by mintage is Denver (2,260,800,000); the most common is Philadelphia (2,262,000,000). Within the 2020s, 2023 ranks 4 of 6 years for mintage; the decade's high was 2021 (7.91 billion) and its low was 2025 (1.30 billion). Mint by mint: Philadelphia fell 28% from 2022; Denver fell 30% from 2022. Proof cents for collectors: 369,236 from San Francisco.
Mint marks on a 2023 penny
The mint mark, if any, sits under the date on the front of the coin. A 2023 cent with no mint mark was struck at Philadelphia and is the normal, common form for that mint. The letters you can find on 2023 circulation cents are D (Denver). Proof cents carry an S and have mirror-like fields; they came from collector sets, not from circulation.
What to check on a 2023 penny
- Cents from 1983 onward are copper-plated zinc (about 2.5 g). The plating is thin, so these coins corrode easily: bubbles, pitting or grey spots on a bright coin are damage, not a variety.
- From 2010 the reverse shows the Union Shield. Circulation coins are copper-plated zinc; the only way to get a different alloy is a collector set, so a 2010-or-later cent that weighs about 3.1 g is worth a second look but is almost always a plated or altered piece.
- 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 2023 penny worth?
PCGS Price Guide values for 2023 cents (updated September 24, 2026, U.S. dollars, for coins certified by PCGS):
The 2023 coins that bring real money are the varieties and errors:
- 2023-D Shield (RD): $12 in MS64 up to $115 in MS67.
Denver is the lowest-mintage 2023 issue (2,260,800,000 struck), so it is the mint collectors check first. Guide prices assume a certified coin; an uncertified, worn 2023 cent usually sells for less than the lowest figure above, and most circulated zinc cents are worth 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 2023 penny with no mint mark rare?
No. A 2023 cent without a mint mark is the normal Philadelphia strike, and 2,262,000,000 were made.
What does the D on a 2023 penny mean?
D means the coin was struck at the Denver Mint. Denver made 2,260,800,000 cents in 2023, the lowest of the mints that year.
How do I tell if my 2023 penny is an error coin?
Compare it with the checklist above. True errors and varieties for 2023 are listed there; a photo of both sides in even light is enough for the app to flag the features worth a closer look.
More in Lincoln Penny Value by Year: 1909–2025 Price Chart
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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
- U.S. Mintwww.usmint.gov/about/production-sales-figures/circulating-coins-production
- U.S. Mintwww.usmint.gov/about/production-sales-figures/cumulative-sales
- Wikipediaen.wikipedia.org/wiki/Lincoln_cent
- U.S. Mintwww.usmint.gov/learn/coins-and-medals/circulating-coins/penny
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.