What 1960’s Pennies Are Worth Money
Pennies, or one-cent coins, have been a staple of American currency for over two centuries. While most pennies from the 1960s are not particularly valuable, there are a few rare and valuable coins from this era that can fetch a significant sum for collectors. In this article, we will explore the world of 1960’s pennies and uncover which ones are worth money.
1. The 1969-S Doubled Die Obverse Penny
One of the most sought-after and valuable pennies from the 1960s is the 1969-S Doubled Die Obverse penny. This coin is known for its distinct doubling of the obverse design, which creates a noticeable doubling effect on the date and lettering. Due to a minting error, only a few thousand of these coins were produced before the issue was corrected, making them extremely rare.
According to the Professional Coin Grading Service (PCGS), a 1969-S Doubled Die Obverse penny in uncirculated condition can be worth upwards of $35,000. Even lower-grade examples can still fetch a significant premium, with prices ranging from a few hundred to several thousand dollars.
2. The 1960 Small Date Over Large Date Penny
Another valuable penny from the 1960s is the 1960 Small Date Over Large Date penny. This coin is the result of a minting error where the smaller date punch was mistakenly struck over the larger date punch. The overlapping of the two dates creates a unique and noticeable feature that collectors find desirable.
In uncirculated condition, the 1960 Small Date Over Large Date penny can be worth around $500, according to PCGS. Even circulated examples can still command a premium, with prices ranging from $50 to $200.
3. The 1964-D SMS Penny
The 1964-D SMS (Special Mint Set) penny is another valuable coin from the 1960s. These pennies were struck as part of a special mint set produced for collectors. However, due to a mix-up at the mint, a small number of these coins were mistakenly released into circulation.
Today, the 1964-D SMS penny is highly sought after by collectors. In uncirculated condition, it can be worth around $5,000, while circulated examples can still fetch a premium of a few hundred dollars.
4. The 1968-S Proof Penny
The 1968-S Proof penny is a valuable coin that was produced as part of the annual proof sets issued by the United States Mint. These coins are known for their high-quality finish and mirror-like surfaces, making them popular among collectors.
In uncirculated condition, the 1968-S Proof penny can be worth around $50, according to PCGS. Even circulated examples can still command a premium, with prices ranging from $5 to $20.
5. The 1963-D RPM Penny
The 1963-D RPM (Re-punched Mintmark) penny is a coin that features a mintmark that was punched twice, creating a noticeable doubling effect. This error occurred during the minting process and resulted in a small number of these coins being released into circulation.
Today, the 1963-D RPM penny is highly sought after by collectors. In uncirculated condition, it can be worth around $100, while circulated examples can still fetch a premium of $10 to $50.
6. The 1968-S DDO Penny
The 1968-S DDO (Doubled Die Obverse) penny is a coin that features a distinct doubling of the obverse design, similar to the 1969-S Doubled Die Obverse penny. However, the doubling on the 1968-S DDO penny is not as pronounced, making it less valuable but still sought after by collectors.
In uncirculated condition, the 1968-S DDO penny can be worth around $500, while circulated examples can still command a premium of $50 to $200.
Frequently Asked Questions (FAQ)
1. How can I determine the value of my 1960’s penny?
To determine the value of your 1960’s penny, it is essential to consider its condition, rarity, and demand among collectors. You can consult coin grading services, such as PCGS or NGC, or seek the assistance of a professional coin dealer to get an accurate appraisal.
2. Are all 1960’s pennies valuable?
No, not all 1960’s pennies are valuable. The majority of pennies from this era are common and have little to no premium value. However, there are a few rare and valuable coins, such as the ones mentioned in this article, that can be worth a significant sum.
3. Where can I sell my valuable 1960’s pennies?
You can sell your valuable 1960’s pennies through various channels, including online auction platforms, coin dealers, or coin shows. It is advisable to do thorough research and compare offers to ensure you get the best price for your coins.
4. How can I protect my valuable 1960’s pennies?
To protect your valuable 1960’s pennies, it is recommended to store them in coin holders or capsules that provide airtight and secure protection. Avoid touching the coins with bare hands, as the oils and acids from your skin can cause damage. Additionally, store them in a cool and dry environment to prevent any potential damage.
5. Are there any other valuable pennies from the 1960s?
Yes, there are other valuable pennies from the 1960s, but the ones mentioned in this article are among the most notable and sought after by collectors. It is always a good idea to research and consult with experts to stay updated on any new discoveries or rare varieties.
6. Can I find valuable 1960’s pennies in circulation?
While it is possible to find valuable 1960’s pennies in circulation, the chances are relatively low. Most valuable coins are quickly identified and removed from circulation by collectors and coin enthusiasts. However, it is still worth keeping an eye out for any unusual or rare coins that may come your way.
Summary
While the majority of 1960’s pennies are not particularly valuable, there are a few rare and valuable coins from this era that can fetch a significant sum for collectors. Coins such as the 1969-S Doubled Die Obverse penny, 1960 Small Date Over Large Date penny, 1964-D SMS penny, 1968-S Proof penny, 1963-D RPM