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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.
Circulated 1948 (P) wheat pennies aren’t astounding in their value. In extremely fine condition, they’re worth around $0.10. And in AU58—the highest possible circulated grade—it costs no more than a quarter-dollar.
What’s the Current Value of the 1948 Wheat Penny? A 1948 wheat penny’s value lies in its quality, which ranges from 0 (poor) to 70 (pristine). If you want to start a collection, targeting the Mint State (MS) coins is best.
9 Νοε 2023 · According to the latest market price analysis, the 1948 Penny is worth between five and ten cents in circulated condition. The slightly better looking About Uncirculated examples are valued by the same company at between ten and 35 cents.
11 Νοε 2024 · Judging how much a 1948 cent is worth begins here. Different mints produced important varieties. Continue by inspecting condition. Compare to images of the different grades finding a close match, narrowing the range on the chart. Steps Leading to Value: Step 1: Date and Mintmark Variety – Identify each date and its mintmark variety.
26 Μαρ 2024 · One percent is too little of a design loss to have any significance on the coin’s value, while 95% is too much of a loss. An off-center strike error with a 10% to 50% loss on a 1948 Wheat penny can fetch between $100 and $200.
Table of Contents. The 1948 wheat penny may not be as rare as the 1893 Morgan silver dollar, but it’s worth more than its face value. That rings true, especially for mint state and professionally graded pieces. Today, we’ll explore the world of the 1948 wheat penny, including its value, design elements, varieties, and errors.