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A typical 1948 wheat cent with moderate to heavy wear (which pretty much describes most old pennies you’ll find in pocket change) is worth 3 to 5 cents. That’s the average value for any old 1948 wheat penny you’ll find in circulation — including a 1948-D penny from the Denver Mint and a 1948-S penny that was made in San Francisco.
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.
At MS61, an MS Brown 1948 D wheat penny is valued at just $0.75. At MS62, it increases to just a dollar. MS Red Brown and Red coins don’t exist in these low mint-state grades. The value of the 1948 D wheat penny only sees an uptick at around MS66. In MS Brown, these coins might cost $12.50 today. In MS Red Brown, there’s a slight increase ...
1948 Lincoln Wheat Pennies: Minting information, specifications, characteristics, current melt value, and past sales prices. Issued by the U.S. Mint in 1948.
USA Coin Book Estimated Value of 1948-D Lincoln Wheat Penny is Worth $0.06 in Average Condition and can be Worth $0.71 to $2.41 or more in Uncirculated (MS+) Mint Condition.
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.
An average condition 1948 wheat penny sells for $0.68 – $2.33. But an uncirculated high-grade coin is worth at least $150. This guide will help you identify valuable 1948 wheat pennies, including those with errors. So let’s begin! What is the Background of the 1948 Wheat Penny?
