Due to a high mintage of wheat pennies, the mintmark recognition is a unique feature that determines the value of the penny. In the 1942 series, three main varieties exist; Philadelphia, San Francisco, and Denver. Philadelphia's mint struck the highest number of coins in 1942.
How much is a 1942 wheat penny worth with no mint mark?
In extremely fine condition the value is around $1.25. In uncirculated condition the price is around $7 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $8. Proof coins with no mint mark are available and they are each valued at around $35 in PR 63 condition.
What wheat pennies have errors?
- 1922-D (no “D”) $500+
- 1943 Bronze $100,000+
- 1944 Steel $75,000+
- 1955 Doubled Die Obverse $1,000+
- 1969-S Doubled Die Obverse $25,000+
- 1972 Doubled Die Obverse $300+
- 1982-D Copper Small Date $10,000+
- 1992 Close AM $5,000+
What year penny is worth a million dollars?
1943
Why is a 1943 penny so valuable?
The Rare 1943 Penny If your 1943 penny is made out copper, it is worth quite a bit of money, generally $10,000 or more! The reason is that the 1943 copper penny is an error coin. The United States Mint accidentally used the wrong kind of planchet metal when striking the coin.31 May 2021
How much is a 1943 copper penny worth today?
They are worth about 10 to 13 cents each in circulated condition, and as much as 50 cents or more if uncirculated.30 Jun 2021