Quick Answer: How Do I Know If My Wheat Penny Is Valuable?

What is the most valuable wheat penny?

25 Most Valuable US Pennies1.) 1944 Steel Wheat Penny – Worth $110,334.2.) 1943 Copper Wheat Penny – Worth $85,782.3.) 1873 Indian Head Penny – Worth $10,000.4.) 1914 D Wheat Penny – Worth $5,500.5.) 1922 D Wheat Penny – Worth $5,000.6.) 1877 Indian Head Penny – Worth $3,200.7.) 1926 Wheat Penny – Worth $3,000.8.)More items….

What year penny is worth a lot of money?

1943 Bronze Lincoln “The most valuable Lincoln cent sold privately in 2010 for $1.7 million,” said Stone. In order to preserve copper for the war effort, the U.S. Mint switched to making pennies from zinc-coated steel planchets, instead of the usual bronze coin blanks, Stone explained.

Are all wheat pennies worth money?

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.

How many 1943 copper pennies are accounted for?

Approximately 40 1943 copper–alloy cents are known to remain in existence.

What years of wheat pennies are valuable?

Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents. Those in better condition can have double-digit value. Special examples (especially those in near perfect condition) can be worth much more. Indian Head pennies from 1859 to 1879 are generally worth more than $10.

Should I keep my wheat pennies?

You should keep all pre-1982 pennies. If you can distinguish between 1982 brass and zinc pennies, keep the brass ones. All wheat pennies are worth keeping. Keep all pennies (even recent ones) that appear to have something “off” about them — they may be error or die variety coins.

Should I clean wheat pennies?

How to Clean Corroded Coins. 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.

How much is a 1935 d wheat penny worth?

CoinTrackers.com has estimated the 1935 D Wheat Penny value at an average of 40 cents, one in certified mint state (MS+) could be worth $25.

What coins are worth a lot of money?

Check out these eight coins that are worth a lot more than their intended value.2004 Wisconsin state quarter with extra leaf. … 2. 1995 double die penny. … 1942-1945 silver nickel. … 1943 steel penny. … Ben Franklin half-dollar. … 1932-1964 silver quarter. … ‘In God We Rust’ 2005 Kansas state quarter.More items…•

Which 1944 penny is worth a lot of money?

A ‘MS-63’ grade 1943 copper or 1944 steel is worth much more than any regular ‘MS-63’ grade Lincoln Wheat cent. This same 1944-S brought $373,750 when auctioned on July 31, 2008, at an ANA Convention. It was then NGC graded as MS-66. This realization is an auction record for any kind of Lincoln cent or cent error.

Why is 1944 wheat penny rare?

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.

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.

What is the rarest Kennedy half dollar?

A 1964 Kennedy Half Dollar Snatches A World-Record $108,000! A 1964 Kennedy Half Dollar sold for a world record $108,000, making it the most expensive coin of its type, during a public auction of rare U.S. coins held Thursday, April 25, 2019, by Heritage Auctions.

What makes a 1964 penny valuable?

CoinTrackers.com has estimated the 1964 Lincoln Penny value at an average of 1 cent, one in certified mint state (MS+) could be worth $12. … So when we say average, we mean in a similar condition to other coins issued in 1964, and mint state meaning it is certified MS+ by one of the top coin grading companies.

How can you tell if a coin is rare?

Look for Errors Look for die cracks and missing elements. Pay special attention to the words and edges of images. Look for strike mistakes such as doubling, cracks or missing sections. Tilting the coin in the light may pick up errors you don’t see head-on.