There were just over 75 million wheat pennies produced in 1924. These majority of these pennies had no mint mark as they were produced in Philadelphia, and in today’s value, are worth between 75 cents and $125.00 .
You see, generally speaking, the rarest wheat pennies include:
1909-S V. D. B.
This of course begs the query “Are wheat pennies 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.
Another frequently asked query is “What are the most valuable pennies?”.
Here’s a list of the top 25 most valuable pennies: 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.
Are wheat pennies still in circulation?
On a personal note we just love searching penny rolls for wheat and indian head pennies. Wheat pennies are still readily found in circulation and because of the relative price of just $25 for a box of these coins, they are cheap and will keep the coin roll searcher on his or her toes. The Wheat Penny is also known by colelctors as the Wheat Cent.
While wheat pennies are getting increasingly hard to find with each passing year, they are still located in pocket change occasionally, and many people have wheat pennies by the hundreds — and even thousands — in penny rolls, food jars, clothes drawers, attic boxes, and coin collections.
Lincoln Wheat pennies are one of the most popular series of U. Coins that coin collectors strive to build a complete set. Rare coins such as the 1909-S VDB and 1914-D are the “Holy Grails” of any Lincoln Wheat cent collection.
How much is a wheat penny worth?
Although a wheat penny’s face value is one cent , all wheat pennies are worth more than their face value. Even those in poor condition are worth at least 3 or 4 cents, and some can be worth six figures.
Some sources claimed the initials would be brought back in 1918, but they were much smaller and were placed on the front of the coin near Lincoln’s shoulder. Although a wheat penny’s face value is one cent , all wheat pennies are worth more than their face value. Even those in poor condition are worth at least 3 or 4 cents, and some can be worth six figures.