Introduction to 1968 Pennies – Overview of production and circulation coinage.
1968 pennies represent a time of great change in the United States. During this year, the nation was in the midst of turmoil due to civil unrest and the Vietnam War, while at the same time engaging in an unparalleled economic expansion that eventually culminated into a decade long period known as “the golden age of economic prosperity.”
Numismatically speaking, 1968 saw production for both circulation and proof coinage limited by a shortage of copper and other metals used for minting. Thus, coinage from this year is relatively scarce compared to years prior and after. Also, many circulating coins from 1968 had striking inconsistencies because of their reduced metal content; resulting in coins often appearing slightly thinner or off-center strikes when produced.
As for the design of the1968 penny, not much has changed since its initial introduction into circulation over 100 years ago in 1909: President Abraham Lincoln’s face remains centered along with two wheat stalks on either side – aptly fittingly given its nickname “Lincoln Wheat Cent” – which are accompanied by UNITED STATES OF AMERICA inscribed around it along with E PLURIBUS UNUM above it and ONE CENT beneath it. However, one major change (unique only to this year) is that President Lincoln’s facsimile includes his short bowtie instead of his necktie. This was specifically done manually by engraver Frank Gasparro in respect to President Lincoln giving him a less formal look – similar to one afforded on stamps issued during previous years featuring our nation’s 16th president.
In terms their overall value1965 pennies can be broadly divided into two categories: circulation coins (which were circulated regularly) and proof coins (which were specially minted meant for collections). Circulation pennies usually carry no premium value barring rare varieties such as double dies where more details about these types found here; whereas proof pennies can command prices ranging anywhere from $4 up to nearly $100
Identification of Common Errors on 1968 Pennies – Describing the various errors that may be present.
The 1967 and 1968 pennies have seen their fair share of errors from the Royal Canadian Mint as well as from post-minting sources. Although rare, these errors can be a terrific find in terms of value and rarity if you know what to look for. Here’s everything you need to know about identifying possible errors on 1968 pennies.
Strike Error: Strike error, or off-centeredness, is one of the more common error found on coins like the 1968 penny. This happens when incorrect pressure is applied during the striking process, causing part or all of a coin’s image to appear off center. Since this process occurs during production at the mint, chances are it will only be present on one side of the coin (either heads or tails). Look closely at each side of your coin to check for any misalignments that may signify a strike error on your 1968 penny.
Mint Mark Error: Mint marks are small letters near a coin’s date which signify which mint produced it – in our case ‘CNE’ for The Royal Canadian Mint in Ottawa. Occasionally this letter can be missing entirely due to human error somewhere along the manufacturing process – an average occurrence known as correct-side up but upside down error because it does not affect the face value of a coin however can still help identify its origin with certainty. Be sure to keep an eye out for these mistakes as they could make your 1968 penny worth much more than its face value!
Die Break: Die breaks happen when physical stress causes part of a die—the tool used by mints to create coins—to break away permanently and impact images onto coins made afterwards. These breaks often overlap parts of other images, giving them unusual border lines or blurs that could easily go unnoticed without careful examination. Fortunately though, many people mistake these die breaks for simple scratches so if you come across odd markings on any side then take closer look -it could just be valuable die
Step by Step Guide to Identifying the Errors on 1968 Pennies – Offering a detailed guide to locating the common mistakes found on these coins.
When it comes to collecting coins, a knowledge of errors is a must. In this guide, we’ll look at how to identify the most common errors on 1968 Pennies.
The first step in identifying errors on 1968 Penny is to inspect both sides of the coin for evidence of double dies. Double die errors occur when one or more design elements of the coin become apparent due to extremely minor variations in production during the minting process. This can result in the features being out of alignment or overlapping, giving them a ghostly appearance with two versions present at different angles. If you find double die error, then you can safely assume that your 1968 penny is worth substantially more than its face value.
The next step is to examine any strike-throughs or cuds that may be present on your 1968 Penny. Strike-throughs occur when foreign material gets between the hammer and anvil while the coin was being struck and leaves behind visible traces either as outline impressions or raised surfaces that appear raised above the core design elements near the edge of the coin. Cud errors are similar but more extreme cases where excess metal has remained present on one side of a coin after striking due to bad tensioning between they hammed and anvil used during production. In either case, if your 1968 Penny exhibits strikes through or cud marks it could have substantially greater inherent value than standard mint specimens.
Finally, check underneath any devices such as lettering dates etc., as well as within fields such as portrait details for signs of missing mintmark clusters or recessed areas that reveal once were features which are no long there due to die rusting causing pieces regressing into their parent surfaces over time). If you notice any indications that further investigation may be prudent this too could represent substantial increased value from what would otherwise be expected from base uncirculated standards).
By following these steps in examining your 1968 penny for potentially valuable errors you can ensure you’re keeping an eye out for key issues
Frequently Asked Questions about Errors on 1968 Pennies – Providing answers to commonly asked questions from collectors and enthusiast about the errors found on this particular year of pennies
Q: What errors are found most commonly on 1968 pennies?
A: The most common error on 1968 pennies is a weak or incomplete strike due to the minting using high-speed machinery. These imperfections can manifest themselves as minor doubling of the design details, and a general fuzziness of features. Errors in the alloy, such as discoloration, and pieces made from bronze or other metals that were accidentally mixed into the coining process are also quite common for this year of penny.
Q: Are these errors valuable?
A: The value of an error coin largely depends on its rarity, so it is difficult to say definitively whether any particular penny with an error is valuable or not. As a starting reference, coins with major errors can be worth anywhere from one to several hundred times the face value of the coin. Coins with more subtle varieties often will not carry much additional value beyond their regular face value unless they are part of a low-mintage run or highly sought-after variety. The condition and eye appeal of any particular error must also be taken into account when assessing its potential worth.
Q: How do I know if I have stumbled across an error on my 1968 penny?
A: With some experience you should be able to spot certain errors without needing further assistance but if you aren’t sure about what you have discovered it can be helpful to bring it in for evaluation by a third party expert numismatist (coin collector). They may be able to deduce if your find has any special attributes that make it more attractive or interesting than just another regular circulated piece.
Top 5 Facts about Errors on 1968 Pennies – Highlighting some of the most intriguing facts about finding errors in circulating coins from 1968 that can help inform their collection strategies
1. The most common error on 1968 pennies is a weak strike, which stands out when the artwork of the coin does not have its intended sharpness visually and when you feel it with your fingertips. This is caused by a lack of pressure from the minting presses that produce coins, weakening the image of Lincoln’s head for example on one side and causing what is known as a “flat spot” due to the metal not being flattened properly.
2. Another type of error on pennies from 1958 includes an extra joint in Lincoln’s hair (known as Extra Metal Shear) that can be found directly above his ear or neck in such cases. When seeking out errors, look closely at this area to find any additional lines or bits that would suggest this type of metal shear effect has occurred on your penny’s surface.
3. Undoubtedly one of the most interesting sometimes-found errors on 1968 pennies include incorrectly positioned letters within words used during their minting process. These positioning miscues could cause inconsistencies like an upside-down letter A instead of its intended D for example (as seen in IN GOD WE TRUST). Alternatively, double-stacked letters resulting in something like TRSTU checkmarks may also be seen when such a mistake has taken place during manufacture; making it crucial to carefully inspect each 1958 issue you come across!
4. Off-center striking errors are far more rare than some other types we already discussed but they still make up an important part of potential error collecting opportunities associated with coins from year 1968 specifically – these features can be visible if heads or tails design element isn’t centered right around obverse/reverse edges giving sense that either end wasn’t struck properly when looking at both sides straight-on perspective depending what kind variation was caused too ultimately!
5 Finally, 1968 pennies have been known to occasionally suffer from doubled die impressions where repeat images show up either along their
Conclusion – Putting together all elements for a clear understanding of what to look for when identifying errors on pennies minted in this year, as well as how best to keep track of them for building collections or reselling at premium prices
When collecting or trading US pennies minted in the current year, it is important to understand the subtle differences between types, errors, and varieties. Before investing any money into a particular coin, be sure to carefully examine the design and condition of the coin. Familiarizing yourself with common errors such as die breaks, rotation errors or weak strike can help avoid costly buying mistakes.
In addition to visually inspecting both images from each side of the coin, using a magnifying glass or loupe can provide further confirmation of irregularities in size and layout. Researching which coins have known error varieties for that year can also aid in avoiding purchasing imitation coins or ones that may not yield much additional financial value down the road. Finally documenting any coins purchased for reselling with proper attribution ensures an appropriate premium is acquired when selling these types of rare coins later on.
By doing research ahead of time, knowing what to look for when identifying errors on recent pennies, and properly maintaining records when building up collections or reselling at higher prices — traders can further maximize their potential profit while gaining valuable insight into being successful numismatists!