1967 Penny value ranges from $0.01 face value to $5,581. That record was set by a Grade 68 example sold through Heritage Auctions in June 2014. Upload a photo of yours below and we’ll give you a quick value range. You can also scroll down to check recent eBay sales and see what buyers are paying today.

 

1967 Penny Value By Variety

This comprehensive value chart breaks down 1967 penny prices across different conditions and varieties, showing how color designations and strike types create dramatic value differences even within the same grade levels. If you know the grade of your coin, you can find the exact price below in the Value Guides section.

Three color designations determine how much a 1967 penny is worth. BN (Brown) means the coin retains less than 5% of its original red copper luster — the least valuable category. RB (Red-Brown) means 5–95% original luster remains. RD (Red) means more than 95% original luster is intact — the most desirable designation, commanding the highest prices at every grade level.

Also Read: Top 100 Most Valuable Modern Pennies Worth Money (1959 – Present)

 

Top 10 Most Valuable 1967 Penny Worth Money

The Most Valuable 1967 Penny Chart reveals what makes certain Lincoln cents worth thousands of dollars.

The chart-topping specimen — a 1967 SMS SP CAM 68 — commanded $5,581 at Heritage Auctions on June 4, 2014. That is nearly 560,000 times its face value, a figure that reflects the perfect storm of rarity, elite condition, and the coveted Cameo designation.

Special Mint Set specimens dominate the top rankings, with Cameo (CAM) and Deep Cameo (DCAM) designations adding enormous premiums. The $3,360 DCAM 65 example sold at Heritage Auctions on June 17, 2018 demonstrates how strong contrast between frosted devices and mirrored fields can double or triple a coin’s value.

Even regular strike coins appear in this elite group — the 1967 RD MS67 fetched $4,945 at Bowers & Merena in November 2008, proving that exceptional preservation matters regardless of strike type. Notably, only one 1967 DCAM SMS penny has ever been graded by PCGS, a fact that underscores the extreme rarity of that designation.

Also Read: Lincoln Wheat Penny Value (1909-1958)

 

History Of The 1967 Penny

The 1967 penny holds a unique place in American numismatic history as part of a transitional period that fundamentally reshaped U.S. coinage.

During the mid-1960s, the United States faced a severe coin shortage driven by rising silver prices and widespread hoarding. Treasury Secretary Joseph Fowler described the crisis as a “coinage crisis of unprecedented magnitude,” and an estimated $460 million worth of silver coins disappeared from circulation by 1965.

President Lyndon B. Johnson signed the Coinage Act of 1965 on July 23, 1965, eliminating silver from dimes and quarters and temporarily removing mint marks from all circulating coins. This last measure made it impossible to distinguish between coins produced at Philadelphia, Denver, or San Francisco — a calculated move to eliminate collector-based hoarding.

The Coinage Act also suspended annual proof sets and uncirculated mint sets, replacing them with a new product: the Special Mint Set (SMS). The 1967 SMS was officially released on June 30, 1967, and included five denominations struck at the San Francisco Mint using polished dies on specially prepared blanks.

The 1967 penny maintained the Lincoln Memorial design introduced in 1959, featuring Victor David Brenner’s Lincoln portrait on the obverse and Frank Gasparro’s Lincoln Memorial reverse. Composed of 95% copper and 5% zinc, these cents weighed 3.11 grams and measured 19.05mm in diameter.

The no-mint-mark era ended in 1968, making the 1965–1967 series a brief but historically significant chapter in American monetary policy.

Also Read: Top 100 Rarest Pennies Worth Money (1787 – Present)

 

Is Your 1967 Penny Rare?

Check our Coin Identifier and Value App to get instant rarity assessments and current market values for your 1967 Lincoln cents.

 

Key Features Of The 1967 Penny

Memorial cents kept Victor D. Brenner’s original obverse design, but the U.S. Mint replaced the reverse after 50 years. Chosen designer Frank Gasparro added the Lincoln Memorial instead of wheat stalks — an unusual choice since the same president appears on both sides of the coin.

The 1967 cents are ordinary coins among many in the series, not deviating from the standard in appearance or quality. Their collecting interest derives almost entirely from the SMS format and color preservation, not from the design itself.

The Obverse Of The 1967 Penny

The 1967 pennies are part of the Memorial cent series that replaced Wheat pennies in 1959. The U.S. Mint kept Victor David Brenner’s original obverse design and only changed the reverse. His initials (VDB) are visible below Lincoln’s sleeve.

Besides Lincoln’s profile, you can also see the word LIBERTY and the date. The inscription IN GOD WE TRUST covers the design from above.

Even though regular cents were struck at multiple facilities this year, none carries a mint mark under the date. Even SMS coins produced at the San Francisco Mint came without the “S” mint mark — part of the deliberate policy to prevent hoarding of coins by mint of origin.

The Reverse Of The 1967 Penny

The 1967 penny reverse depicts the Lincoln Memorial, designed by Frank Gasparro. You can see his initials (FG) next to the steps. Gasparro also included a tiny sculpture of Lincoln inside the Memorial — making this the only U.S. coin to show the same person twice, once as a portrait and once as a sculpture.

Besides the centrally positioned monument, the designer added inscriptions required by American law, including:

• UNITED STATES OF AMERICA
• E PLURIBUS UNUM
• ONE CENT

All cents minted from 1959 to 2008 carried this Memorial reverse design before four Bicentennial cent reverses replaced it in 2009 to celebrate 200 years since Lincoln’s birth.

Other Features Of The 1967 Penny

Memorial cents minted in 1967 are copper coins with a small percentage of zinc. These one-cent specimens are 0.06 inches (1.52 mm) thick and weigh 0.11 ounces (3.11 g). Their diameter is 0.75 inches (19.05 mm) and the edge is plain (smooth with no ridges).

Also Read: 100 Most Valuable Wheat Pennies Worth Money (1909 to 1958)

 

1967 Penny Mintage & Survival Data

The 1967 Penny Mintage & Survival Chart reveals the dramatic rarity differences between regular strikes and Special Mint Set varieties.

Regular No Mint Mark pennies dominated production with an enormous mintage of 3,048,667,100 coins, yet only maintain a 10% survival rate today — meaning roughly 305 million specimens remain. This is typical attrition for heavily circulated copper pennies.

The 1967 SMS mintage was 1,863,344 sets — substantially fewer than the 1965 SMS mintage of 2,360,000 and notably smaller than even the 1964 Uncirculated Mint Set run of just over 1 million pieces used as the prior baseline. SMS coins were struck on a high-tonnage press from polished dies, receiving a single firm blow rather than the multiple hits used for proofs.

The SMS SP CAM designation remains largely unmeasured, with unknown precise mintage and survival figures — their scarcity is reflected by the fact that PCGS has recorded only one example ever graded at the DCAM level.

Also Read: 100 Most Valuable Indian Head Penny Coins Worth Money (1859 – 1909)

 

The Easy Way to Know Your 1967 Penny Value

Your 1967 penny is automatically worth more than face value because it contains 95% copper — currently worth about twice the coin’s 1-cent face value in melt alone. While most circulated examples are worth around 2–3 cents, certain varieties can be surprisingly valuable.

Special Mint Set (SMS) specimens and high-grade uncirculated examples with full red (RD) luster can reach hundreds or thousands of dollars. Error coins like doubled dies and die cracks attract collector premiums on top of that.

Determining your penny’s true value means analyzing copper color designation, identifying SMS versus regular strikes, spotting error varieties, and understanding professional grading — a complex process requiring expertise most collectors don’t have.

Coin Identifier and Value App eliminates the complexity. Simply photograph your 1967 penny, and the app instantly identifies varieties, detects errors, evaluates condition, and provides accurate market values.

 

1967 Penny Value Guides

There are three main 1967 penny categories to understand before assessing your coin’s worth.

• 1967 No Mint Mark Penny — Regular business strike with full red copper luster
• 1967 SMS Special Strike Penny — Special Mint Set version with satin finish and red coloration
• 1967 SMS Special Strike CAM Penny Value — Elite SMS coins with Cameo or Deep Cameo contrast designation

The Red (RD) designation represents the most desirable color grade for 1967 pennies, indicating coins retain over 95% of their original copper brilliance. SMS RD specimens command higher premiums due to their limited mintage of just 1,863,344 pieces.

The SMS versions feature a distinctive satin-like finish that differs from both regular strikes and traditional proof coins, making them particularly attractive to collectors seeking premium 1967 penny varieties.

Also Read: Value Of Old Pennies By Year (1959-Present)

 

1967 No Mint Mark Penny Value

The 1967 No Mint Mark Penny showcases dramatic value differences based on color preservation, creating three distinct collecting categories — the most expensive being Red (RD).

Red (RD) specimens retain over 95% of their original copper luster and command the highest premiums, with top-grade examples reaching $400 or more at MS67–MS68 levels. The auction record for a regular strike 1967 penny is $4,945 for an MS67 RD coin sold at Bowers & Merena in November 2008.

This pricing structure reflects collectors’ strong preference for original mint luster. Color preservation is the single most critical factor in determining 1967 penny values beyond basic condition grade.

The detailed auction record chart reveals the historical price performance of this coin across different grade levels.

The latest market activity data demonstrates the growing collector interest in this particular variety.

 

1967 SMS Special Strike Penny Value

The 1967 SMS Special Strike Penny represents a unique chapter in American numismatic history, created during the transitional period when traditional proof production was suspended.

These coins were struck at the San Francisco Mint using polished dies and specially prepared blanks, receiving a single powerful blow rather than the multiple strikes used for proof coinage. The result is a distinctive satin finish — brighter than a circulation strike, yet softer than the mirror-like surface of a proof.

With only 1,863,344 sets produced, SMS pennies offer collectors a rare opportunity to own a piece from this experimental era. A typical 1967 SMS penny in Red grades trades for $7 to $140 depending on SP grade level.

The SP68 RD example holds an auction record of $978 at Heritage Auctions in August 2011, demonstrating strong market depth even below the CAM tier.

The detailed auction record chart demonstrates consistent market performance of these specialized coins across different grade levels.

 

1967 SMS Special Strike CAM Penny Value

The 1967 SMS Special Strike CAM Penny represents the elite tier of this transitional year’s collectibles, featuring the coveted Cameo designation (abbreviated CAM) that creates stunning visual contrast between frosted devices and mirrored fields.

The CAM effect happens when die surfaces receive special preparation, producing Lincoln’s portrait and lettering with a matte frost against the coin’s polished background fields. This contrast transforms an already scarce SMS penny into a true numismatic showpiece.

Cameo SMS pennies range from $50 to $700 for SP60 through SP67 grades, while a top-grade SP68 CAM brought $5,581 at Heritage Auctions in 2014. The even rarer Deep Cameo designation (DCAM) — indicating an even stronger frost-to-mirror contrast — is represented by a single known PCGS-graded example, an SP65 DCAM that sold for $3,360 at Heritage Auctions on June 17, 2018.

Collectors prize CAM and DCAM specimens for their superior visual appeal and the technical excellence required during production. Their extreme rarity at top grades makes them the most sought-after 1967 Lincoln cents in existence.

The comprehensive auction record chart illustrates the strong market performance these premium specimens achieve across different condition levels.

Also Read: Top 100 Most Valuable Modern Pennies Worth Money (1959 – Present)

 

Rare 1967 Penny Error List

Unlike many other Lincoln cents in the series, the 1967 penny does not have a single widely recognized major doubled die on par with the famous 1955 or 1972 varieties. However, several error types do exist and can add meaningful premiums, ranging from a few dollars to several hundred.

1. Doubled Die Obverse (DDO)

A Doubled Die Obverse error (DDO) happens during the die-making process when the hub impresses the design onto the die more than once at slightly different angles. The result is a doubling effect visible on lettering, the date, or Lincoln’s portrait.

No major 1967 DDO with dramatic separation is currently known, but minor doubled die pennies do exist showing subtle doubling in the date and inscriptions. True doubled die errors show raised, rounded separation between doubled letters — not the flat, shelf-like appearance of worthless machine doubling. These minor examples sell for $20 to $50, while strong doubling visible to the naked eye can push values higher.

2. Doubled Die Reverse (DDR)

The Doubled Die Reverse error affects the back of the penny, specifically the Lincoln Memorial design. Look closely at “ONE CENT,” “E PLURIBUS UNUM,” and the Memorial columns for secondary images.

These 1967 DDR pennies typically sell for $15 to $40 in average circulated condition, with high-grade examples showing strong doubling potentially reaching $75 or more from specialized variety collectors.

3. Die Crack and Die Break

When dies near the end of their operating life develop fractures, those cracks transfer to coins as raised lines, blobs, or bumps on the surface. Small die cracks on a 1967 penny add $5 to $25 in value.

Major die cuds — large rim breaks where the die fragment completely detached — are more dramatic and can be worth $100 to $150 or significantly more for eye-catching examples. These are among the most visually obvious errors to spot with the naked eye.

4. BIE Error

The BIE error is a specific type of die crack that creates a vertical raised line between the “B” and “E” in LIBERTY, making it look like a capital letter “I” has been inserted. This error appears across many years of the Lincoln cent series, and some collectors assemble entire date sets of BIE pennies.

A 1967 BIE penny in average condition is worth $5 to $15. The better the overall grade of the coin, the higher the premium.

5. Off-Center Strike

An off-center strike occurs when the planchet is not properly seated in the coining chamber before the dies close, leaving a blank crescent of metal on one side. The key value factor is whether the date “1967” remains fully visible despite the misalignment.

A 10–25% off-center 1967 penny with a visible date sells for $20 to $50. Coins struck 50% or more off-center can bring $100 to $500, with the most dramatic examples commanding even higher prices at specialist auctions.

6. Wrong Planchet Error

A wrong planchet error happens when a blank intended for another denomination accidentally ends up in the penny press. A 1967 penny struck on a copper-nickel clad dime planchet is a spectacular find — the smaller, silvery blank receives the Lincoln cent design, creating an obviously wrong combination.

These errors are among the rarest and most valuable 1967 penny mistakes, with examples selling for $500 to $2,000 or more depending on condition and authentication. Always verify weight first: a genuine penny weighs 3.11 grams, while a dime planchet weighs around 2.27 grams.

7. Double/Triple Strike

When the die strikes a planchet two or three times without it being ejected between strikes, the result is a deformed coin showing multiple overlapping images of the design. These dramatic errors are valued at approximately $900, though exceptional examples at auction have exceeded that figure.

8. Capped Die (Mushroom / Bottle Cap)

A capped die error results from a coin sticking to the upper die after its first strike, then being pressed against incoming blank planchets. The original stuck coin deforms into a cap shape while leaving mirror impressions on subsequent strikes. Collectors pay about $25 for a 1967 cap die penny, with early-stage caps showing clear design elements commanding more.

Also Read: 42 Rare Penny Errors List with Pictures (By Year)

 

Where To Sell Your 1967 Penny?

Now that you’ve determined your 1967 penny’s value, you might wonder about the best places to sell these coins online. The digital marketplace offers numerous platforms, each with distinct advantages and drawbacks.

I’ve researched and compiled a comprehensive guide covering the most popular selling venues, detailing their unique features, seller benefits, potential limitations, and specific tips for maximizing your coin sales success.

Check out now: Best Places To Sell Coins Online (Pros & Cons)

 

1967 Penny Market Trend

*Market Trend Chart showing the number of people paying attention to this coin.

 

FAQ About The 1967 Penny Value

1. How much is a circulated 1967 penny worth today?

Most circulated 1967 pennies are worth around 2 to 3 cents due to their 95% copper melt value. In very worn condition they may sell for $0.35 to $0.50 at coin shops. Only uncirculated examples with original Red (RD) luster start showing real numismatic premiums above copper melt value.

2. What makes a 1967 penny valuable?

Three factors drive value: color designation (RD being most valuable), whether the coin is a Special Mint Set (SMS) issue versus a regular business strike, and error varieties. SMS CAM and DCAM pennies command the highest premiums, with the all-time auction record at $5,581 for an SP68 CAM example sold at Heritage Auctions in 2014.

3. How do I tell if my 1967 penny is an SMS coin?

SMS pennies typically show sharper design details and a brighter, more satiny surface compared to regular circulation strikes. Since all 1967 pennies lack mint marks, focus on surface quality: SMS coins look more polished and reflective than ordinary business strikes, though they lack the full mirror fields of a traditional proof coin. Submitting to PCGS or NGC for authentication is the most reliable method.

4. What is the 1967 penny auction record?

The all-time record for any 1967 penny is $5,581 paid for a 1967 SMS SP68 CAM Red coin at Heritage Auctions on June 4, 2014. The record for a regular strike is $4,945 paid for a 1967 MS67 RD at Bowers & Merena on November 1, 2008. The only known DCAM example sold for $3,360 at Heritage Auctions in June 2018.

5. How rare is the 1967 SMS Deep Cameo penny?

Extremely rare. PCGS has recorded only a single 1967 SMS penny graded with the DCAM (Deep Cameo) designation — an SP65 DCAM example. This makes it among the scarcest modern Lincoln cent varieties in existence. The DCAM designation requires an especially strong contrast between the coin’s frosted devices and its mirrored background fields.

6. Why do all 1967 pennies lack a mint mark?

The Coinage Act of 1965, signed by President Lyndon B. Johnson on July 23, 1965, required the U.S. Mint to remove mint marks from all circulating coins from 1965 through 1967. The goal was to eliminate the collector incentive to hoard coins by mint of origin, which had been worsening a nationwide coin shortage. Mint marks returned to coins in 1968.

7. What 1967 penny errors are worth the most money?

The most valuable 1967 penny errors are wrong planchet strikes ($500–$2,000+), double/triple strikes (around $900), and major off-center strikes of 50% or more ($100–$500). Doubled die obverse (DDO) errors with strong visible separation also command premiums of $20–$50 or more. Die cuds — large rim breaks — can reach $100–$150 for dramatic examples.

8. What is the mintage of the 1967 SMS penny?

The U.S. Mint produced exactly 1,863,344 Special Mint Sets in 1967, meaning the same number of 1967 SMS pennies exist. This is far fewer than the 3,048,667,100 regular business strike pennies produced the same year — making SMS coins roughly 1,636 times scarcer than regular circulation strikes.

9. Should I clean my 1967 penny before selling it?

No — never clean a coin under any circumstances. Cleaning removes the natural patina and original surface luster that graders and collectors value, and it often reduces a coin’s worth by 50% or more. A coin with cleaning damage will be noted as “Details” by PCGS or NGC, permanently lowering its certified grade and market value.

10. What are the most valuable Lincoln Memorial cents in the entire series?

The most valuable Memorial reverse cents include: the 1999 MS66 cent at $138,000; the 1969-S MS64 Doubled Die Obverse cent at $126,500; the 1959-D MS60 cent at $48,300; the 1963 PR70 cent at $40,250; and the 1992 MS67 Close AM error cent in Red at $25,850. These elite rarities dwarf the 1967 penny’s top prices but illustrate the breathtaking range of values within the same Lincoln cent series.