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This is due to decimalisation. The first decimal coins were introduced in 1968.
The breakdown of currency that phased out around that time had 12 pennies to the shilling, and 20 shillings to the pound. The new 5 pence and 10 pence coins introduced in 1968 held the values of 1 shilling and 2 shillings respectively, resulting in 100 pence to the pound rather than 240.
The value of a penny therefore increased at this time.
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Why are 1968 pennies worth more then 1967 pennies?
They aren't.1967 and 1968 pennies both have very high mintages and are in common circulation, they are only worth a penny.
Why are 1968 pennies are worth more than 1967 pennies?
If you are talking about US coins. They aren't. Both are worth face value unless in a mint set or completely flawless (it won't be completely flawless if you find it in your pocket change!).
Why are 1967 pennies worth more than 1966 pennies?
Because there are no 1967 pennies. Decimal currency started in 1966.Actually, 1966 pennies should be worth more than 1967 pennies as a 1967 penny would be a fake.CorrectionThis question was posted in US Coins so it refers to US 1-cent pieces by their slang name. It's actually a rather lame joke. The answer is (ba DING!) "1,967 pennies are worth $19.67 which is one cent more than $19.66"
Why are1898 pennies worth more than 1897 pennies?
They are worth more because less were minted.
What is the dollar value of a roll of pennies?
One roll of pennies has a face value of a 50 cents. However, if there is a penny in the roll that is worth more than 1 cent the roll will be worth more.
Why are 1968 pennies worth more then 1967 pennies?
They aren't.1967 and 1968 pennies both have very high mintages and are in common circulation, they are only worth a penny.
Why are 1968 pennies are worth more than 1967 pennies?
If you are talking about US coins. They aren't. Both are worth face value unless in a mint set or completely flawless (it won't be completely flawless if you find it in your pocket change!).
Why are 1967 pennies worth more than 1966 pennies?
Because there are no 1967 pennies. Decimal currency started in 1966.Actually, 1966 pennies should be worth more than 1967 pennies as a 1967 penny would be a fake.CorrectionThis question was posted in US Coins so it refers to US 1-cent pieces by their slang name. It's actually a rather lame joke. The answer is (ba DING!) "1,967 pennies are worth $19.67 which is one cent more than $19.66"
Are 1969 s pennys worth more than a penny?
The 1968 and 1969 US cents do not have a premium value unless they have striking errors or are in Mint or Proof condition. While the S coins (San Francisco Mint) were the least produced, there were still more than 258 million minted in 1968 and 544 million in 1969.
Why are1898 pennies worth more than 1897 pennies?
They are worth more because less were minted.
What us pennies are worth more than a penny?
Two pennIes
Why are 1988 pennies worth more than 1983 pennies?
They're not.
Is 25 723 dimes worth more than 231 524 pennies?
To determine which is worth more, we need to calculate the total value of each set of coins. 25,723 dimes would be worth 25,723 * $0.10 = $2,572.30. 231,524 pennies would be worth 231,524 * $0.01 = $2,315.24. Therefore, 25,723 dimes are worth more than 231,524 pennies.
What is the Canadian penny worth?
The pennies value is a bit more then it's worth
Why are two thousand and seven pennies worth more than two thousand and six pennies?
...but only a penny more!
How much is 1949 australian pennies worth?
The 1949 Australian pennies are worth more than 50 United States Dollars.
What mark makes a wheat penny worth more?
Usually S mintmark wheat pennies are worth more.
