The rarest wheat back pennies are the 1909-S V. D. B. penny, the 1914-D penny, the 1931-S penny, the 1924-D penny and the 1922-D penny. The 1909-S V. D. B. penny is the rarest of them all and the most expensive.
It was minted in San Francisco and was created to celebrate the hundredth anniversary of Abraham Lincoln’s birth. Only 484,000 of this penny were minted and it is one of the most sought after coins in the world.
The 1914-D penny is the second rarest wheat back Penny and is highly collectible as well. It was minted in Denver and only 1. 193 million were made. The 1931-S penny is the third in rarity. It was minted in San Francisco and only 866,000 were struck.
The 1924-D penny is the fourth rarest Penny. This coin was minted in Denver and only 6,256,000 were minted. Finally, the 1922-D penny is the fifth rarest Wheat back penny. This coin was minted in Denver and only 11,750,000 were made.
All five of these wheat back pennies are highly sought after by collectors, and they can be quite valuable.
Table of Contents
Which wheat back pennies are worth money?
Wheat back pennies (also known as Wheat Cent Coins) were produced by the United States Mint from 1909 to 1958 and were distributed to the public until 1962. Wheat back pennies are not rare, however certain varieties may be worth more than the face value of one cent.
Pennies that were produced between 1909 and 1933 are generally worth more than the one cent face value due to the rising demand and value of copper over the years. Common dates or worn coins are usually valued at a few dollars each.
Any dates between 1909-1933 that have a higher grade or grade at MS-63 (Mint State 63 condition) could have a value of several hundred dollars or more.
Among the valuable wheat back pennies are the 1909-S VDB, 1909-S and 1914-D, which are all worth several hundred dollars in grade MS-63 condition. There are other rare varieties such as die variety coins, unintentional double-die coins, overlap error coins, and filled/auto punc coins.
Some of these can be worth over a thousand dollars. Wheat back pennies that were damaged in either mint errors or circulation may also be worth more than face value.
In conclusion, some wheat back pennies may be worth more than one cent depending on the date, condition and the variety of the coin. It is recommended to seek the advice of a certified numismatist to determine the proper value of your coins.
What year wheat pennies are valuable?
Wheat pennies, or Lincoln Wheat Ears Cent coins, minted from 1909 through 1958 are generally considered valuable. In addition to the collectible 1909-1958 Wheat Pennies, special versions minted in wartime during WWI, WWII and the Korean War are also of greater value.
These coins, called Steel/Lincoln Wheat Ears Cents, had a unique silver colored steel composition and the back of the coin was composed of Bronze. Other special versions such as those minted in special centennial years are also thought to be more valuable.
Additionally, pre-1909 coins minted before the series began would also likely be more valuable. To determine the value of wheat pennies, there are several approaches a collector can take. Collectors can reference publications such as the The Official Red Book: A Guide Book of United States Coins which gives an evaluation of the coins along with pricing and auction results.
Other resources are online marketplaces such as eBay that list general prices and recent auction sales from reputable dealers.
How do you tell if a wheat penny is worth a lot?
One of the best ways to tell if a wheat penny is worth a lot is to look at its date. Wheat pennies were made from 1909 to 1958, and the rarer dates tend to be more valuable. Some of the most valuable wheat pennies include the 1909-S VDB, 1909-S, 1914-D, 1922 No D, and the 1931-S.
Grading is also a factor in determining the value of a wheat penny. Generally, higher grade coins with less wear, fewer marks or scratches, and few signs of toning are more valuable. You can take your wheat penny to a professional coin dealer or coin grading service to determine its grade.
In addition to date and grade, the condition of the coin’s mint mark can also impact its value. A wheat penny can be worth significantly more if the mint mark is still visible and in good condition even if the date wasn’t particularly rare.
Finally, it’s also important to consider the current market for wheat pennies. If a certain type of wheat penny is currently in high demand, it can be worth more than other wheat pennies regardless of grade, rarity, or mint mark.
Why is 1944 wheat penny rare?
The 1944 wheat penny is considered rare because of an issue with metal composition during the production process. The wheat pennies minted before and after 1944 were made of 95% copper while the 1944 pennies were made of 96% zinc and only 4% copper.
This miscalculation resulted in a coin with a lower metal content making them more susceptible to wear and tear, reducing their survivability rate. As a result, the 1944 wheat penny has become rare as many of them were lost and destroyed over the years.
Because of their scarcity, the 1944 wheat penny is highly sought after by coin collectors, making them extremely valuable and of great interest for coin enthusiasts around the world.
Is a 1943 copper penny worth $1000000?
No, a 1943 copper penny is not worth $1000000. While 1943 copper pennies are highly sought after by collectors due to their scarcity, their current market value is much lower. The 1943 copper penny is worth approximately between $7,000 and $10,000 depending on its condition and rarity, with the highest known example having sold for over $200,000 at auction.
Due to the high demand for 1943 copper pennies, the value is constantly fluctuating and depending on the auction. As such, it is unlikely that a 1943 copper penny will ever be worth $1000000.
What year pennies are worth a million dollars?
No pennies from any year are worth a million dollars. Although there are some rare US pennies that are worth quite a bit, none are worth a million dollars. The most valuable US penny is the 1943 copper Lincoln cent, which has a value of around $200,000.
This penny was actually made of copper and not zinc, of which all other 1943 pennies were made. This penny was mistakenly made in 1943, as pennies were supposed to be made of zinc due to a copper shortage during World War II.
In addition, there are other US pennies that are worth more than face value, such as the 1909 VDB penny, which can be sold for up to $500, and the 1856 Flying Eagle penny, which can be sold for up to $1,000.
What is the current value of a 1943 copper penny?
The value of a 1943 copper penny depends on its condition and can range from about 10 cents on the low end for coins which are heavily worn to a few hundred dollars for coins in pristine condition. The 1943 copper penny is a “wheat penny” because the reverse features two wheat stalks that frame the words “One Cent.
” It is a relatively common date in the wheat penny series, and millions were produced, so the majority of coins found today are in lower grades. Coins in poor condition may be worth around 10 cents, while coins in fine or better condition can command prices over $200.
What penny is $1000000?
A $1000000 penny is actually equivalent to 100 million pennies. In other words, it would take 100 million pennies to total one million dollars. This would fill 10 large containers, each containing 10 million pennies.
To help put this into perspective, $1000000 in pennies would weigh approximately 10 tons. The massive stack of pennies would stand about 3. 3 miles (5. 3 kilometers) high or could stretch around 3100 miles (5000 kilometers) long.
It’s important to note that it’s not possible to actually make change with a million-dollar penny, as the fee to produce a coin this large would be more than the coin itself!.
How much can I get for a 1943 copper penny?
The 1943 copper penny is a very popular coin due to its composition and because it is a one year type coin. As with all coins, the value of a 1943 copper penny depends on the condition of the coin, the total minted, the grade of the coin, whether the coin was stored properly, and the current market demand for copper penny coins.
Depending on the condition of the coin, it is possible for the coin to be worth anywhere from a few dollars up to around thousands of dollars. Coin collectors and investors typically pay a premium for coins that are in uncirculated condition and for coins that are considered to be rare in the marketplace.
In the case of a 1943 copper penny, a coin in a condition of “Very Good” or higher could be worth around $200 or more, while a coin that is Uncirculated could be worth around $800 or more. If the coin is considered to be rare or rarer in the marketplace, the value of the coin can be much higher.
