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Coin and Paper Money Collecting/1968 San Francisco minted pennies

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Expert: - 5/18/2010


Question

1968 pennies
Mr. Moore,  I have a cousin who recently inherited 50 rolls (2500) San Francisco minted 1968 pennies. Her sister, who worked at a bank in SF in 1968, bought these rolls at the time they were issued. The rolls were kept in a drawer in her bedroom and were discovered upon her passing. They are all wrapped similarly in wrappers marked "Brink's Inc." "Hanley Coinrap Co. SF". I understand 1968 SF minted pennies may be worth something other than 1 cent. I am sending one picture of the front of 50 pennies from a roll she brought to me, in a second & a third questions to follow I will send another picture of the 50 with a picture of the wrapper included and 1 picture (the best I could get) of the back of one of the coins. Can you advise if these are worth much more than 1 cent and, if so, what they may be worth. The 50 I have look to be uncirculated.  What would be the best way to handle these coins and where might one find a market if they are worth some $$$.  Thanks in advance for any information you can provide.
Dave

Answer
Dave,

Sorry but 1968-S pennies don't have much value -- about a dollar per roll of 50.

1969-S rolls have the chance of there being a rare double die penny in it, but this does not apply to 1968-S rolls.

Wish I had better news for you.

Dan

    Questioner's Rating
    Rating(1-10)Knowledgeability = 10Clarity of Response = 10Politeness = 10
    CommentThanks Dan, I appreciate the info even tho it wasn't what I was hoping for


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Dan Moore

Expertise

My strong familiarity with all U.S. Mint coins, extensive reference library, and close relationships with many other dealers allows me to identify just about any coin made in the USA. I receive regular updates to all the current price guides -- both wholesale & retail -- to provide accurate values. So, with a good description or pictures, I should be able to identify and value any U.S. coin you have.

Experience

I've been a coin dealer since the 1980's and a coin collector since the 1960's. I specialize in U.S. Silver Coins and have an active online website -- The Working Man's Rare Coins -- http://www.workingmancoins.com -- offering information and inventory in U.S. coins.

Organizations I belong to :
American Numismatic Association Member #187770
Michigan State Numismatic Society Member #8255
Florida United Numismatics Member #19710
Monroe Coin Club Treasurer
Lincoln Coin Club Board Member
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CoinMasters Member #1814

Frequently Asked Questions :
I have created a Frequently Asked Questions page on my website, where you may be able to get an immediate answer to your question. You can find the page here :
http://www.workingmancoins.com/FAQ/index.htm


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