Question: What Are Wheat Pennies Worth?

Which Wheat Pennies are worth the most?

25 Most Valuable US Pennies1.) 1944 Steel Wheat Penny – Worth $110,334.2.) 1943 Copper Wheat Penny – Worth $85,782.3.) 1856 Flying Eagle Penny – Worth $25,000.4.) 1873 Indian Head Penny – Worth $10,000.5.) 1858 Flying Eagle Penny – Worth $10,000.6.) 1857 Flying Eagle Penny – Worth $7,000.7.) …

8.)More items….

How do I sell my wheat pennies?

Selling Wheat Pennies to dealers often takes place in person. Old wheat pennies are heavy, a roll of 50 coins is expensive to send through the mail. Finding a local dealer to meet at either their shop or at a coin show is economical.

Should I clean my wheat pennies?

Removing corrosion from foreign coins, Morgan dollars, wheat pennies, and other valuables is a delicate, risky proposition. Again, we do not recommend cleaning rare coins if you are looking to sell them since cleaning such precious items devalues them.

Why is the 1944 wheat penny so valuable?

The 1944 Lincoln penny is particularly desirable in the eyes of collectors not only because of its design, but also due to its scarcity. Being that there are no more 1944 Lincolns being produced, the scarcity of these coins is constantly on the rise, thus making the coins more valuable.

How much is a 1944 wheat penny worth?

CoinTrackers.com has estimated the 1944 Wheat Penny value at an average of 15 cents, one in certified mint state (MS+) could be worth $6.

What is the most sought after Penny?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

What years of wheat pennies are valuable?

The ever popular Lincoln wheat penny was first produced by the U.S. Mint in 1909. While the original edition pennies from 1909 can have significant collectable value, other editions of the Lincoln penny can be highly desired by coin collectors as well. A 1933-D, for example, may be valued at $2.30 or more.

What makes a 1964 D penny rare?

We’ll talk more about this in a minute and explain why some of these rare pennies are worth so much: … 1964-D penny (Denver) – 3,799,071,500 (about 3.8 billion) minted; 10 to 25+ cents. 1964 proof penny – 3,950,762 minted; $1+ 1964 SMS penny (special mint set) – approximately 30 estimated to be minted; $5,000+

How much is a 1943 copper wheat penny worth?

While the 1943 steel pennies are worth a few bucks, the rare copper version is worth more. One report suggested that, depending on the condition of it, the 1943 copper penny can be worth anywhere from $60,000 to $85,000.

How do I know if my wheat penny is valuable?

All Wheat Pennies are worth more than their face value of . 01 cent. A good rule of thumb is that they are worth at least 3 or 4 cents even in poor condition, but those in good condition (not including special years) are worth at least double digit dollars ($10 or more) when purchased or sold in MS-63 condition.

What is the rarest wheat penny?

1943-S copper Lincoln Wheat Penny, $185,000 – The 1943-S copper cent is the one of the most valuable small cents, with one example having sold for a cool $1 million at an auction in 2012.

Is it OK to clean old pennies?

In general, old coins should not be cleaned. While you might think that getting all the years of dirt and grime off a coin would make it more valuable, the opposite is actually true! By cleaning a coin, you may actually damage it and decrease its value. At worst, you could permanently damage the coin.

Can vinegar damage coins?

Using distilled water, therefore, removes some of the potential to cause harm to the coin. Soaking the old coins in vinegar is another method that you can attempt. … The acid will attack and remove any oxides that have formed on the surface of the coin.

How much is a 1942 wheat penny worth today?

Pricing the 1942 Lincoln PennyDATEGOODUNCIRCULATED1942 Lincoln Penny$0.15$0.751942 Lincoln Penny (D)$0.15$0.851942 Lincoln Penny (S)$0.20$5.50Source: Red Book