1968 D Penny Value

Pennies are often neglected with the assumption that they have no value. What if we tell you that the 1968 D Penny value could be from $0.1 to $165? The 1968 D penny, which has a unique history and worth, is a prized coin in a collector's collection. This coin struck in Denver and has distinguished itself from other American coins by appearing as though it were a part of the Lincoln Memorial series.

Despite having a typical appearance, a penny's worth might exceed its face value if certain conditions are met, such as rarity, condition, and other unique characteristics. We'll go into great length on the variables that affect 1968 D penny values in today's blog, along with advice on how to assess whether the coin is worth more than its face value.

     Factors Affecting the Value of a 1968-D Penny

Mint Condition (Grading Scale)

The condition of a 1968-D penny is quite important in determining its value. Also, pennies with no scratches or damage attract a higher value if they are great mint condition. Graders rank the quality of coins with a scale, but the higher the grade, the higher the price.

Types of Coin Errors-Coin Errors

At times, mistakes/errors are made in minting the coins and result in "error coins." They include double-strike, off-center strike, or die crack coins, which influence the rarity of the penny.

Rarity and Mintage Numbers

The lower the number of pennies made or available, the more expensive they are. The fewer 1968-D pennies in circulation or stored, the more valuable they are.

Market Demand and Trends

The 1968-D penny value also depends on the level of demand for this coin. The more collectors try to collect it, the higher the price will be because of the increased demand and competition. Trends within the coin-collecting market can also change over a period of time, sometimes altering the interest, or in this case, the value.

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     How to Determine the Value of Your 1968-D Penny

If you're just getting started, you can self-grade your coin using grading reference images. You can use the images to match your coin to the official grading. It will give you an approximate 1968-D Penny value.

Professionally Graded Coins

More accurate and closer; is the estimate grade if you sent your penny to a professional coin grading service. The company would grade it officially. Sometimes, it would increase its market value after this.

Online Resources and Price Guides

Other online tools include the various websites that update the price of different coins, like the 1968-D penny, to create a comparative value for similar pennies and you might compare how much yours is worth.

Seek Advice from Coin Dealers or Experts

To know the worth of your penny, we reccomend you to see a dealer who deals with coins or an expert. They can provide an opinion about your penny and might even purchase it from you if it's worth something.

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     Where to Sell Your 1968-D Penny?

You can sell a 1968-D penny in more than one way. Probably the most popular method of selling your coin is on one of the online marketplaces, like eBay, where you post it for collectors' consideration worldwide. Such platforms open the largest doors to potential buyers for you to consider, yet your listing should still be very descriptive with many photos included in order to appeal to buyers.

Alternatively, you can visit a coin dealer, who specializes in buying and selling coins. Coin dealers are convenient and often tell you how much your penny is worth on an offhand basis. You are likely to get a less-than-best price, probably not as good as that which you might receive in an auction, but there is convenience.

So if better returns are what you are looking for, then numismatic auctions are the way to go. Events are mostly conduction online, sometimes in the flesh, and attract serious coin collectors who are prepared to pay top dollars for the rarest or high-grade coins. However, most likely there will be auction fees, and sales will take longer to complete.

For face-to-face transactions, you can go to coin shows wherein collectors and dealers assemble. Coin shows will allow you to meet buyers directly and negotiate prices on the spot. You can also go to the local numismatic clubs where collectors exchange coins, share their knowledge, and even buying opportunities. Here, you would be selling through a more community-driven approach.

     1968-D Penny Errors and Varieties

In 1968, the Denver mint produced 2.8 billion cents, making it the most productive. The following price range encompasses their values based on grades:

Condition	Value
MS60	$0.1
MS61	$0.25
MS62	$0.50
MS63	$0.75
Ms64	$1
MS65	$2.5
MS66	$5

The pricing range for an MS 67 graded 1968 D cent should be around $165 or more. In November 2008, one such specimen sold at Baltimore Auction for $2,300.

     Errors List

Re-punched mint mark

• One of the manual processes that resulted in a lot of mistake coins was the mint mark punching.
• Workers at the mint occasionally punched it on the incorrect coin area or upside down.
• Pennies were struck two or more times after the punch was repeated in the correct direction, leading to RPM inaccuracies.
• A Denver-made example of this sold for $239 on eBay.

DDR and DDO

• These two mistakes, which are often the result of poorly made coins, are widespread these days.
• It's interesting to note that the 1968 D penny value increases with the degree of doubling.
• For example, in Maj 2023, a single exquisite red 1968 DDR MS 65 cent sold for $285.

1968 Penny Struck On A Dime Planchet

• The rarest mint error of the year is the 1968 D cent made on a silver dime planchet.
• Some of the silver blank planchets were inadvertently used for the creation of pennies because they were employed by this mint for Roosevelt's dimes from 1964 to 1966.
• A few years ago, a 1968 error cent that was made on the incorrect planchet was found, and it was given a PCGS authentic error certificate right away.

     Collecting 1968-D Pennies

Create a Penny Collection

A coin that you want to and should add to your penny collection is the 1968-D. One way to begin your penny collection is by first collecting pennies with different years, mint marks, or even specific series like the Lincoln Memorial pennies.

Ideally, you'd want to have pennies that are as close to mint condition as possible and also look for rare varieties or error coins that make your collection interesting and unique.

Storage and Preservation Techniques

Keep your 1968-D pennies looking great by storing them properly. Coin albums or holders can be used so the coins will not get scratched or tarnished. Handle the coins by their edges and never touch the surface with your fingers so that oils in the fingers don't damage the coins. Also keep them over time in a cool, dry place.

Collector Resources

There are indeed lots of tools to use along the journey of collecting. Books, websites, and apps about coin collecting can carry all the answers you need in terms of the history and value of different pennies.

Coin collecting forums and local numismatic clubs are good avenues to join so that you can be connected with other collectors in sharing knowledge and discovering new tips for growing your collection.