A spokesman for the TV show said, "It is with great sadness we've learned respected former Coronation Street actor Peter Baldwin has died," he said.
Peter Baldwin and Thelma Barlow
"Peter passed away at his home in north London last night after a short illness.
"We send our sincere condolences to his family and friends at this sad time."
Baldwin is best known for his 21-year stint as Derek Wilton, a role he began in 1976.
Derek Wilton was written out of the soap in 1997 when he had a heart attack
Peter Baldwin and Thelma Barlow who played Derek and Mavis discuss their time in Coronation Street