The 1967 Lincoln penny concluded one of the most unusual chapters in U.S. Mint history, marking the final year of Special Mint Sets (SMS) that were created as emergency replacements for proof coins during the national coin shortage crisis.

While most 1967 pennies remain common, with regular strikes averaging $12.17 in mint state condition, the special SMS varieties reveal the year’s true collecting potential. Standard SMS pennies estimate at $9.00 in mint state, but the rare SMS CAM specimens with contrasting frosted surfaces command $171.00.

These SMS coins represent the Mint’s innovative attempt to satisfy collectors during a period when traditional proof production was suspended from 1965-1967. 1967 Penny documents American numismatic adaptation during extraordinary circumstances.

 

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.

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 fascinating insights into what makes certain Lincoln cents worth thousands of dollars.

The chart-topping specimen, a 1967 SMS SP CAM 68, commands an impressive $5,581 – nearly 560,000 times its face value. This extraordinary premium reflects the perfect storm of rarity, condition, and special designations that collectors prize most.

Special Mint Set (SMS) specimens dominate the top rankings, with cameo and deep cameo designations adding substantial premiums.

The $3,360 DCAM 65 example demonstrates how contrast between frosted devices and mirrored fields can double or triple a coin’s value. Even regular strike coins appear in this elite group, with the 1967 RD 67 fetching $600, proving that exceptional preservation matters regardless of strike type.

The dramatic value spread – from $76 for the lowest-ranked specimen to over $5,500 for the finest – illustrates how grade increments and special designations create exponential price differences. These premium examples represent the pinnacle of 1967 penny collecting.

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 reshaped U.S. coinage.

During the mid-1960s, the United States faced a severe coin shortage caused by rising silver prices and widespread hoarding of silver coins by collectors and speculators. In response, Congress passed the Coinage Act of 1965, which eliminated silver from dimes and quarters and temporarily removed mint marks from all circulating coins.

The 1967 Lincoln cent was struck without mint marks, making it impossible to distinguish between coins produced at the Philadelphia, Denver, or San Francisco facilities.

This three-year period (1965-1967) represented an unprecedented departure from traditional minting practices, as the U.S. Mint sought to discourage collecting and speculation while meeting the nation’s coinage needs.

The 1967 penny maintained the Lincoln Memorial design introduced in 1959, featuring Abraham Lincoln on the obverse and the Lincoln Memorial on the reverse. Composed of 95% copper and 5% zinc, these cents weighed 3.11 grams and measured 19.05mm in diameter.

The Philadelphia Mint produced the majority of 1967 pennies, though exact mintage figures remain unclear due to the absence of mint marks.

The no-mint-mark era ended in 1968 when mint marks returned to U.S. coins, making the 1967 penny part of a brief but significant chapter in American monetary history.

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

 

Is Your 1967 Penny Rare?

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

 

Key Features Of The 1967 Penny

Memorial cents kept the original Victor D. Brenner’s obverse design, but the US Mint replaced the reverse after 50 years. Chosen designer, Frank Gasparro, decided to add the famous Memorial instead of wheat stalks.

The 1967 cents are ordinary coins among numerous similar in the series. They don’t deviate from the standard either in terms of appearance or quality.

The Obverse Of The 1967 Penny

The 1967 pennies are a part of the Memorial cent series that replaced Wheat pennies in 1959. However, the US Mint decided to keep Victor David Brenner’s original obverse design and only changed the coin reverse. His initials are visible below President’s sleeve.

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

Even though not all regular cents were minted in Philadelphia this year, none has the mint mark under the date. Even SMS coins produced in San Francisco came without the mint mark S as an attempt to prevent hoarding.

The Reverse Of The 1967 Penny

The 1967 penny reverse depicts Lincoln Memorial, designed by Frank Gasparro. Therefore, you can see his initials next to the steps. Interestingly, the artist also added the President’s sculpture, making an exception with the same person shown on both sides.

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

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

All cents minted from 1959 to 2008 had this design when four Bicentennial cent reverse solutions replaced it. It was a way to celebrate 200 years after Lincoln was born.

Other Features Of The 1967 Penny

Memorial cents minted in 1967 are copper coins with a low percentage of the other metal (zinc or tin). These one-cent specimens are thick 0.06 inches (1.5 mm) and weigh 0.11 ounces (3.1 g). Their diameter is 0.75 inches (19 mm), and the edge is plain.

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 over 3 billion coins, yet only maintain a 10% survival rate today – meaning approximately 305 million specimens remain in existence. This represents typical attrition for heavily circulated copper pennies from this era.

In stark contrast, SMS SP specimens tell a completely different story. With just 1,863,344 originally minted, these collectible versions have virtually disappeared from the marketplace, showing an estimated survival rate of only 0.0001%.

The survival distribution pie chart visually emphasizes how overwhelmingly the regular strikes dominate the existing population, with SMS varieties representing mere slivers of availability.

The SMS SP CAM designation remains largely unmeasured, with unknown mintage and survival figures reflecting their extreme scarcity. These survival statistics directly impact current market values, explaining why SMS varieties command such significant premiums over their common counterparts.

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. While most circulated examples are worth around their copper content, certain varieties can be surprisingly valuable. Special Mint Set (SMS) specimens and high-grade uncirculated examples can be worth significantly more, with the finest specimens reaching thousands of dollars. Error coins like doubled dies and die cracks also attract collector premiums.

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.

CoinValueChecker 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

Next, I will introduce you to these three 1967 penny categories.

• 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

The Red (RD) designation represents the most desirable color grade for 1967 pennies, indicating coins retain over 95% of their original copper brilliance.

Regular strikes with RD grading depending on condition, while 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 is RD.

Red (RD) specimens retain over 95% of their original copper luster and command the highest premiums, with top-grade examples reaching $400+ at MS67-68 levels.

This dramatic pricing structure reflects collectors’ strong preference for original mint luster, making color preservation the most critical factor in determining 1967 penny values beyond basic condition.

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

Meanwhile, 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 feature the distinctive satin finish that sets SMS specimens apart from both regular business strikes and conventional proofs. With only 1,863,344 sets produced, SMS pennies offer collectors a rare opportunity to own a piece from this experimental era.

The special striking process created coins with superior detail and surface quality compared to circulation strikes, yet maintained a different aesthetic than the mirror-like proofs collectors knew.

This combination of limited production, historical significance, and unique finish makes SMS pennies highly sought after by specialists and general collectors alike.

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

Current market activity data reveals the sustained collector interest in this distinctive SMS format.

 

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 that creates stunning visual contrast between frosted devices and mirrored fields.

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

The rarity of achieving proper cameo contrast in the SMS striking process makes these specimens exceptionally difficult to locate, with most examples commanding significant premiums over standard SMS pieces.

Collectors prize CAM specimens for their superior eye appeal and the technical excellence required during production.

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

Market activity trends demonstrate the sustained collector demand for this visually striking CAM designation.

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 set doesn’t have exceptionally costly or specific errors. However, such imperfect coins can be worth a few dozen of dollars, making them valuable among numerous worthless and low-valued pieces.

1. Doubled die

The 1967 doubled die penny is less sought-after than similar but drastic error coins produced in 1955 or 1972. However, you can still get $20 to $50 per piece.

The condition is that the imperfection is significant and clearly visible, increasing the coin price. On the other hand, a dull, minor doubling you can only see with a magnifying glass brings only a few bucks.

2. Die crack and die break

Mints often used dies for too long, and they became old, broken, or cracked over time, leaving traces on penny surfaces. The result is damage to coins like lines, holes, and bumps.

The crack type and size determine such a coin price, reaching $5 to $100. Even though such sizable imperfections have never been seen among pennies minted in 1967, you should keep trying for one.

3. BIE error

This error is common among pennies, so you can count on $5 to $15 per piece if you come across one minted in 1967. The uniqueness of these error coins is referred to a line appearing between letters in the word LIBERTY. It looks like a capital I and results from a vertical crack on the die.

4. Double/triple strike

When the die strikes the blank planchet twice or three times, you can see deformed coins of various shapes. Experts estimate them at approximately $900, but some specimens are paid more at auctions.

5. Cap dies (mushrooms, bottle caps)

Such a penny resulted from sticking the coin to the die after the first strike. Since minting new pennies continues, new-made ones are weird-looking. Collectors like these pieces and pay about $25 to get one.

Unlike many other Lincoln cents in the series, the 1967 penny set doesn’t have exceptionally costly or specific errors. However, such imperfect coins can be worth a few dozen of dollars, making them valuable among numerous worthless and low-valued pieces.

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

1. How much are the 1967 Penny rare?

Unlike collectible and expensive War Cents, those minted in 1967 are common and of low value. Except for a few pieces, including those intended for collectors, most of these coins are worth only as pieces of the series. Separately, they are almost uninteresting for numismatists.

2. Which 1967 Penny won auction records?

• The 1967 SP 68 CAM SMS Memorial cent (Lincoln penny) – $5,581 on 06-04-2014 at Heritage Auctions
• The red 1967 MS 67 Memorial cent (Lincoln penny) – $4,945 on 11-01-2008 at Bowers & Merena
• The 1967 SP 65 DCAM SMS Memorial cent (Lincoln penny) – $3,360 on 06-17-2018 at Heritage Auctions
• The brown 1967 MS 70 Memorial cent (Lincoln penny) – $2,650 on 08-10-2021 on eBay
• The red 1967 SP 68 SMS Memorial cent (Lincoln penny) – $978 on 08-11-2011 at Heritage Auctions
• The red-brown 1967 SP SMS Memorial cent (Lincoln penny) – $510 on 06-30-2010 on eBay
• The brown 1967 UNC Details SMS Memorial cent (Lincoln penny) – $103 on 01-31-2021 on eBay
• The red-brown 1967 MS 65 Memorial cent (Lincoln penny) – $85 on 02-01-2018 on eBay

3. How much to set aside for the 1967 Penny?

Red coins are the most collectible, and they are often worth $0.30 to $17, depending on their quality. Only high-graded coins ranked MS 67 cost $360 or even more. For instance, the highest sum paid for one penny minted this year was $4,945.

4. What are the priciest Lincoln coins in the series?

The most valuable cents with Wheat reverse (1909-1958)

• Brown 1943 D penny (bronze) in MS 64 grade – $840,000
• Brown 1943 S penny (bronze) in MS 63 grade – $504,000
• 1944 S penny (steel) in MS 66 grade – $408,000
• Brown 1943 penny (bronze) in MS 62 grade – $372,000
• Error 1958 red penny in MS 64 grade (doubled die obverse) – $336,000

The most valuable cents with Memorial reverse (1959 to date)

• 1999 MS 66 cent – $138,000
• Error 1969 S MS 64 cent (doubled die obverse) – $126,500
• 1959 D MS 60 cent – $48,300
• 1963 PR 70 cent – $40,250
• Error red 1992 MS 67 cent (close AM) – $25,850