What do coin dealers pay for wheat pennies?
The Market for Lincoln Wheat Pennies Any wheat penny is worth at least 3-5 cents to most dealers. Given the popularity of collecting Lincoln Wheat cents, there will always be a demand for quality coins.
What makes a 1952 wheat penny valuable?
High production of all three varieties of wheat cents summarizes 1952 in coinage. 71% of capacity was devoted to striking cents. As in all years look for the San Francisco mint variety to find a premium value.
How can I sell my old 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.
Is a 1942 copper penny worth anything?
The 1942 penny contains 95% copper, hence worth its weight in copper. The current spot price for copper stands at $0.26 per ounce. Therefore, it has a melt value of $0.0291.
Where can I sell my copper pennies?
You may be able to “sell” them to a bank at face value, but individual banks get to decide the terms under which they’ll accept them. Your best bet may be to offer them as “unsearched copper cents” to collectors, but for post 1958 coins I’m not sure there are a lot of buyers.
How much is a 1949 wheat penny worth?
The 1949 Lincoln penny is an oldie but a goodie. Minted in 1949 in Philadelphia, the coin features Abraham Lincoln’s portrait on the obverse and a pair of wheat stalks on the reverse. The coin has an estimated worth of $1 to $2 if it’s in good condition or up to $4 if uncirculated.
What makes a 1956 D wheat penny valuable?
One of the minting errors you may find on the 1956 penny is the D above shadow D. Since this coin is rare, it could fetch about $25 in extremely fine condition. Some 1956 pennies have the clipped planchet error. This means that part of their planchet is missing.
Does anyone buy wheat pennies?
Selling Wheat Pennies for the. Wheat pennies minted from 1909 to 1958 is a popular series with collectors and covers a wide range of value and demand. Early era wheat cents: 1909 through the mid 1930’s have many higher value dates and mints, becoming serious collectibles.
What is the value of a 1920 wheat penny?
Comparison Table Showing the Value of the 1920 Penny
| Coin Date/Condition | 1920 | 1920 S |
|---|---|---|
| Good | $0.08 | $0.33 |
| Fine | $0.36 | $.95 |
| Extremely Fine | $2.05 | $11.25 |
| Uncirculated | $10 | $48 |
What is the most valuable wheat penny?
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.
How much does a wheat penny cost?
1942 Wheat Penny. CoinTrackers.com has estimated the 1942 Wheat Penny value at an average of 35 cents, one in certified mint state (MS+) could be worth $3.
What are rare pennies?
While it boasts the lowest mintage among the regularly struck Lincoln pennies and is indeed considered rare, with nearly 500,000 made and perhaps 20,000 or more still in existence, the 1909-S VDB is not the rarest penny.
What is the value of a 1959 wheat penny?
How Much Is The 1959-D Wheat Penny Mule Worth? The 1959-D mule penny sold for $50,000 in 2019 , after being offered by famous numismatic auctioneers Ira & Larry Goldberg . It’s possible that as time goes on, coin collectors may be able to identify what pair of dies was used in striking the 1959-D penny error.