![]() ![]() Nevertheless, these coins are not always of low value. This further affects the value of the coin since collectors prefer these marks on their coins. For most of them, the value on the open market is only about $0.10 for the circulated coins and about $.0.50 for the uncirculated coins.Īnother factor is that the Philly coins have no mint marks. In other words, they have little or no value over their face value. The number in circulation affects the value placed on the Philly coins. It is a large number which means the Philly coins are abundant on the rarity scale. It struck about 1,136,910,000 of the over 5 billion pennies minted in 1969. The Philadelphia mint is the main mint in the United States Mint. 1969 No Mint Mark Penny Value Image Credit: eBay The 1969 penny in the circulated condition is worth only about 20 cents. Because of this, such a coin does not attract much value. This is because such a coin is circulated, and handling it causes damage. The details are still in sharp relief and the luster is there, but it is not as bright as when first minted.īut if a coin is in fine or good condition, it usually does not fetch much money. Next on the list is the extremely fine coin, which is clean but not as clean as an uncirculated coin. Uncirculated coins usually fetch good money, especially if they are high on the grading scale. It can be uncirculated, which is mint state +, and in this condition, the coin is without any damage or degradation. The condition of a coin is the state in which it is at the time of purchase or sale. To determine the true value of a coin, you must know the coin’s condition or grade. However, its lack of circulation can also affect its value on the open market. While it is hardly in circulation, the number of minted coins is high enough to lower it on the rarity scale. One is the mintage, which is 2,934,631, and two is the circulation. Two things affect the worth of the proof coins. ![]() The United States Mint officials kept the coin for themselves and some collectors who were lucky enough to get their hands on them. Frank Gasparro was the designer of the later reverse image.Īs mentioned, the San Francisco mint struck some proof pennies, almost three million of them. This reverse design lasted many years until 1959 when it was redesigned to feature the Lincoln Memorial Hall instead of the wheat stalks. On the obverse, the profile of the president is visible and the reverse shows two wheat stalks, giving the coin its popular name. Prior to that time, the penny had other designs, but the image of the 16th president was the first time an actual person was going to be used on any coin. Before 1969, the coin was minted to celebrate the 100th birthday of the beloved but assassinated president Abraham Lincoln. The penny has a long and interesting history. 1969-S Proof coins may only be worth about $1 or a little more. This type of clarity increases the coin’s value, although the price difference is not much in this case. ![]() Proof coins are struck on burnished planchets with special dies to create extremely clear and mirror-like coins. The San Francisco mint, which is one of the mints that struck the penny that year, also struck Proof pennies. The 1969 penny was struck at three mints, so you will find that some of the coins have mint marks, while others do not have this distinguishing marker. If you have one or more of these coins, this article is a clear guide on how to know their actual worth using the mint mark, mintage, coin condition, and errors, among other factors. Nevertheless, in circulated conditions, the 1969 penny is not worth much. However, there is no way to tell how much this coin can get you because a few factors can add to or remove from its worth. The value of the 1969 penny is a little more than the face value, which is one cent. ![]()
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