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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 · 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.
11 Νοε 2024 · Begin finding 1948 penny value. It starts with identifying Date and Mint Mark combination. With the correct variety known, judge condition next. Images and descriptions pin-point key factors to identify. A step by step process locates how much these wheat cents are worth.
For example, an MS64 Brown 1948 (P) wheat penny is worth $2.50 today. If it were a Red Brown color, it might sell for $6.75. And in full, Red tones, it can be valued at $14. The prices for the 1948 (P) wheat pennies only read the $100 mark in grade MS66—specifically in MS Red, which is valued at $120.
26 Μαρ 2024 · In circulated condition, this coin is worth between $0.05 and $0.35. 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.
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?
1948 Lincoln Wheat Pennies: Minting information, specifications, characteristics, current melt value, and past sales prices. Issued by the U.S. Mint in 1948.