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A 1948 wheat penny that is well-preserved, say in “mint” condition (or what coin collectors call uncirculated or mint state), can be worth 75 cents to $5… or more. In fact, the most valuable 1948 penny was sold in 2012 for $10,350 .
25 Οκτ 2024 · But their availability affects their pricing. In September 2023, a 1948 (P) Wheat Cent graded MS 67+RD is worth $5,000. It’s the rarest one, with only 6 known. Meanwhile, PCGS graded 13 Denver coins in MS 67+ RD so these 1948-D Wheat Pennies cost $1,700. And a 1948-S Wheat Cent in MS 67+ RD is $1,050 with nearly 60 pieces graded by PCGS.
26 Μαρ 2024 · In uncirculated condition, you can get your hands on a 1948 no-mintmark wheatie for about $12.50. According to the Professional Coin Grading Service (PCGS), the finest example of a 1948-P penny is a red one graded MS67 and sold for $10,350 in 2012. 1948-S Wheat Penny Value.
1948 wheat pennies with no mint mark are those struck in Philadelphia. These are the most valuable coins of the issue. In circulated conditions, they’re worth anywhere between $0.05 to $0.25.
9 Νοε 2023 · In mint condition, a Brown 1948-P Wheat Penny is worth between $0.50 and $12.50. Why the low prices? NGC and PCGS has graded thousands of these coins and granted mint-state status to over 2,000 pennies.
You’ll notice that the “no mint mark” variant is the most valuable at its highest grades, so it holds the auction record of $10,350. The next best variant to collect is the 1948-D wheat penny, which has a $750 – $1,700 premium for an MS67 grade.
The Denver mint produced 172,637,500 Lincoln pennies in 1948. You will recognize this coin by the D mark placed below the date on the obverse. *by CoinStudy. Since this piece is abundant on the coin market, you can get one in good condition for only five cents.
