How much is 50 wheat pennies worth?
| DATE | GOOD | UNCIRCULATED |
|---|---|---|
| 1950 Lincoln Penny | N/A | $0.35 |
| 1950 Lincoln Penny (D) | N/A | $0.35 |
| 1950 Lincoln Penny (S) | N/A | $0.35 |
| Source: Red Book | ||
According to the NGC Price Guide, as of March 2023, a Wheat Penny from 1943 in circulated condition is worth between $0.05 and $2. However, on the open market 1943 S Pennies in pristine, uncirculated condition sell for as much as $7000.
Simpson, co-chairman of the Texas Rangers baseball club, paid $1 million for the finest known 1943-S Lincoln Wheat cent on a bronze planchet. All 1943 Lincoln cents were supposed to be made of steel planchets coated with zinc. However, some bronze planchets left over from 1942 slipped into the production process.
The coin can sell for around 0.15 USD when in a good state. Expect the value to rise to 0.35 USD in fine grade, 0.48 USD in extremely fine form, and sell at 1.50 USD in the uncirculated grade.
Value of a 1957-D Wheat Penny
An average uncirculated specimen (MS-63) will cost about seventy-five cents.
The 1944 Wheat Penny is a highly sought-after coin among collectors due to its historical significance and rarity. This coin's value can vary greatly depending on factors such as condition, mint mark, and rarity. Coins without a mint mark are considered the most valuable, as they were produced at the Philadelphia Mint.
So for the past 30 years, pennies have been made with an alloy comprised of 97.5% zinc and 2.5% copper, but pennies minted before 1982 are 95% copper and 5% zinc. The price of copper has more than quadrupled over the past 10 years.
1944 Wheat Penny Values
The 1944 wheat penny is worth roughly 15 cents in average condition, always more than its face value. Some examples of 1944 Wheat Penny are also valuable because they contain errors or are in exceptional mint state condition, which are in high demand by collectors.
- 1909-S Over Horizontal S Wheat Penny. ...
- 1914-D Wheat Penny. ...
- 1922-D No D Wheat Penny. ...
- 1909-S VDB Wheat Penny. ...
- 1955 Doubled Die Wheat Penny. ...
- 1944 Steel Cent Wheat Penny. ...
- 1943 Bronze Wheat Penny. Value: $100,000-200,000. ...
- 10 Most Valuable Wheat Pennies. 1931-S: $70-$150.
The mint made 1,040,515,000 1945 unmarked wheat pennies and was the second-largest production of wheat series pennies between 1909-1958. These coins are typically worth 15 cents and can be worth between $1.75-$2.00 or more in uncirculated conditions depending on the marketplace and the coin.
What makes a 1942 wheat penny valuable?
Why is the 1942 Wheat Penny so Valuable? 1942 is a landmark year because copper and nickel were in high demand for the war effort. So this is the last year before War Pennies. War pennies were steel coated with zinc, and were only used for a year.
The 1958 wheat penny with a double die error is perhaps the most sought after and valuable variety from this year. It was struck twice on the obverse side, which resulted in an overlap of design elements. According to USA Coin Book, there were only three of these coins made with this error, making it extremely rare!
A $7,000 penny could be hiding in your pocket—here's how to identify it. You may want to think twice before tossing out your loose change — one of your pennies could be worth $7,000. That's if you have a 1983 Lincoln penny, says Blake Alma, whose “CoinHub” TikTok account has over 850,000 followers.
Wheat pennies have a wide range of values. The 1943, 1943-S, and 1943-D standard mintage of these coins can range from 15 cents to a few dollars for coins in fine condition. Coins graded MS66 or higher are typically worth significantly more.
You'll pay around 0.30 USD for the 1982 “D” zinc penny with a big date. The 1982 “D” zinc penny with a small date and an MS of at least 60 costs around 0.20 USD. Remember, the price is low because these coins are common.
According to CNBC's Make It, the US made 7.7 billion pennies in 1983, but only about 5,000 are known to have this doubling error — making them valuable to those who find one in their possession.
The most valuable Wheat Penny ever auctioned is a unique 1943-D Bronze Cent, sold for $840,000. Other examples of valuable wheat pennies include the 1909-S VDB Lincoln Wheat Penny, the 1944 Steel Penny, and other variations of the 1943 Bronze Penny.
1944 STEEL Wheat Penny Value
According to the NGC Price Guide, as of March 2023, a Wheat Penny from 1944 in circulated condition is worth between $35000 and $43500. However, on the open market 1944 STEEL Pennies in pristine, uncirculated condition sell for as much as $175000.
USA Coin Book Estimated Value of 1944-D Lincoln Wheat Penny is Worth $0.06 in Average Condition and can be Worth $0.98 to $4.63 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins.
