Hello readers welcome to the new post. In this post, we will discuss wheat penny 1949 value, and 1949 d Wheat Penny Value. If you are a coin collector or are interested in knowing about the coin value this right platform. Here we will cover the wheat pennies’ work define their values and cover the details parameters of the 1949 wheat penny. So, let’s get started with the Introduction to Wheat Penny 1949 value.
Understanding the Wheat Penny
First of all, we learn about the wheat penny before discussing the features of the 1949 wheat penny value. Minted dares for these pennies are 1909 and 1958, wheat pennies are equally considered and loved by the collects and coins lovers at the same time. These small copper coins have two stalks of wheat at the back side and come with features that are preferred by coin collectors
1949 Penny Value Chart
Mint Mark | Fine | Extremely Fine | (AU 50) | (MS 60) | M (MS 63) |
1949 (P) No Mint Mark Penny Value
|
$0 | $o.22 | $0.39 | $1.13 | $3.30 |
1949-S Penny Value
|
$0 | $0 | $0.39 | $1.13 | $3.30 |
1949-D Penny Value
|
$0 | $0 | $0.39 | $1.13 | $3.30 |
History of 1949 Penny
The first penny was made in 1909 at the 100th birthday of Lincoln. This coin is the first coin in US history that has a photo of any person. These new coins become famous for users and are sold on the secondary market. The penny on the first design comes with a photo of the president on the front side and the reverse side has two wheat stalks. In 1959 the reverse design varied with the Lincoln Memorial in place of two wheat stalks. These pennies are called Lincoln Memorial pennies used until 2008 and again their reverse design changed.
The 1949 penny is part of a penny series made in 1909 called wheat stalks coins. The composition of pennies also varied from their creation in 1982.
How Much Is A 1949 Wheat Penny Worth
The value of the 1929 penny can be differnt on the use of its rarity and condition. For circulated conditions, these penny values are about $0.05 to $0.10. According to the mintage number their value range is about twenty cents, in circulated condition, they can be of about five dollars.
How Many 1949 Pennies Were Made?
There were more than one billion pennies made in 1949 out of that 217,775,000 Lincoln Cents were made at P mint, 153,132,500 D-minted coins, and 64,290,000 Pennies made by S mint.
Are There Any Rare 1949 Pennies?
The circulated 1949 pennies are of three to four-cent value. Uncirculated 1949 pennies have a value of about one dollar or higher. Some 1949 pennies with errors are 100 dollars or higher. The rare 1949 wheat penny value is about $1,000 apiece!
1949 D Lincoln Wheat Penny
There were 153,132,500 Wheat Pennies made by D mint in 1949 and they are abundant coins. Fine grade coin is high value. The highest value recorded for the 1949 D penny is $7,500.
1949-D Penny Value can seen here
Grade | Color | Value |
MS65 BN | Brown | $80 |
MS60 | Red | $2 |
MS65 | Red | $25 |
MS66 | Red | $80 |
MS66.5 | Red | $165 |
MS67 | Red | $1,350 |
MS67+ | Red | $7,000 |
1949 P Lincoln Wheat Penny or 1949 No Mint Mark Wheat Penny Value
The 1949 P Lincoln Wheat Penny is a penny type that was minted in 1949 at the Philadelphia Mint. A total of 218 million coins were made at P mint without a mint mark. Their larger number makes these coins face value not more thatn some cents. Brown coins have a value of some dollars in the finest condition. The value of 1949 no mint mark for different grades is
Grade | Color | Value |
MS65 | Red/Brown | 440 at Auction 2012 |
MS65 | Red/Brown | 19 2007 Auction |
MS64 | Red | $17 |
MS65+ | Red | >$17 |
MS66 | Red | $125 |
MS67 | Red | $2,250 |
MS67+ | Red | $9,000 |
1949 S Lincoln Wheat Penny
The 1949 S Lincoln Wheat Penny made in 1949 at the San Francisco Mint is part of the Lincoln coins series, and comes with Abraham Lincoln’s photo and 2 stalks of wheat. the mint mark S shows that it was struck at the San Francisco Mint, which is the US Mint to make circulating coins. The mint mark on the penny makes it an important coin and increases its value for collectors
the 1949 S Lincoln Wheat Penny value is higher than its Philadelphia and Denver mint pennies. Since it’s less mintage the other two minted coins. The value of single coins is based on errors, conditions, and demand. 1949 S Wheat Penny Value is
Grade | Color | Value | Year Sold/Auction Date |
AU58 | Brown | $60 | 2014 |
MS64 | Brown | $16 | 2006 |
MS64 | Red/Brown | $10 | Around 2010 |
MS65 | Red/Brown | $12 to14 | Around 2010 |
MS60 | Red | $2 | – |
MS65 | Red | $20 | – |
MS67 | Red | $235 | – |
MS67+ | Red | $1,300 | – |
Features of 1949 Wheat Penny
Obverse Of 1949 Penny
The front side of these coins comes with a photo of Abraham Lincoln. That used since 1909 at the 100th birthday. The design of this coin was made by Victor David Brenner. The photo is facing to the right. On this side of the coin, there is the motto IN GOD WE TRUST written with the word LIBERTY also added there. If there is a mint mark on the coins see below the date on the front side that can be either S or D and not a mint mark for Philadelphia.
Reverse Of The 1949 Penny
The back side of this coin comes with two wheat stalks. This side desing was also made by Victor David Brenner. On this side, there is the UNITED STATES OF AMERICA written with the Latin motto “E PLURIBUS UNUM”. On this side, there are the initials of Brenner’s.
1949 Penny Errors List
1949 S Penny, Double Die Obverse
Double die error is related to the issue that occurs in the creation of a die used for coin strikes. if there is movement in shifting design from hub doubling occurs on design. This desing on coins struck with a die. it occurs when one front dies used to strike pennies at S mint 1949. The doubling effect can seen on digits 1 and 4 of the 1949 date. The value of coins with this error is based on condition.
Grade | Value |
MS63 | $75 |
MS65 | $200 |
MS67+ | $1,500 |
1949 D/D, Re-Punched Mint Mark
Some 1949 pennies were made at D mint with the D mint mark repunched. This error can seen with the use of a microscope. Coin with this error having grade MS65 red sold for 400 dollars.
1949 S/S RPM Penny Error
A re-punched mint mark can known as D over D mentioned as D/D/ if it is S it can be written as S/D or S/S. For this condition, S was punched to the right side of the older S mark. The coins MS65 RD grade sold for 70$.D/D mint mark coins sold for 900 dollars.
1949 Penny 90% Off-Centre Error
The die moves during strikes. it makes doubling, tripling, or also quadrupling errors. If shifting occurs at the die stage, it is known as variety since many coines with that die come with the same error. The coins having 90 percent off center sold for 630 dollars in 2021.
How Many 1949 Pennies Were Made?
There were larger numbers of pennies made in 1949 the P Mint made 218 million pennies D Mint made 153 million and the S Mint made more than 64 million. A total of 435.2 million pennies were produced in 1949.
How much is a 1949 wheat penny worth today?
Most circulated condition 1949 pennies have a value of 3 or 4 cents. Uncirculated 1949 pennies have a value of one or more dollars. The 1949 Lincoln pennies with error sold for 100$ +
1949 Penny Details
- Mass/Weight: 3.11 grams
- Mintage: 217,775,000
- Metal Composition: 95% Copper – 5% Tin and Zinc
- Designer / Engraver: Victor D Brenner
- Minted at: Philadelphia (No Mint Mark)
- Diameter: 19 mm
What Year Is The Rarest Penny?
The USA pennies faced many changes from their creation such as the Large cent made from (1793 to 1857) and the small cent series (1856 to date). Larger cents have a diameter range from 28.58 to 29mm, and small cent has a diameter of 19.05mm. These coins series have sub-types of coins like the Lincoln Wheat Cent and the Draped Bust Cent. The 1877 penny is a rare penny that is called the Indian head penny. These coins made by Engraver James B. Longacre come with Lady Liberty. About 852,500 coins were made.
What pennies are rare in the 1940s?
The most valuable 1940 penny (with wear from circulation) is the 1940-S penny.
What is the most expensive penny?
Read More
How Much is 20 Grams of Gold Worth?
1941 Penny Worth Million Dollars
1968 S Penny Value in 2024 | How Much Is It Worth and Why?
FAQs
How much is a 1949 penny worth?
The value of 1949 wheat pennies in circulated 1949 pennies is 3 or 4 cents. For uncirculated 1949 pennies value is about one dollar or larger. Other 1949 Lincoln pennies tha have some errors are 100 dollars in value or higher. Some rare 1949 wheat penny value is higher than $1,000
Is a 1949 wheat penny rare?
The 1949 wheat penny is not rare for mintage numbers. More than one billion 1949 pennies were made making them comonly used pennies. However, some types of errors can increase the value of 1949 wheat pennies. It is referred to check the content of coins accurately that defines the value of a penny
What is a 1949 wheat penny?
A 1949 wheat penny was made in 1949. It comes with a photo of President Abraham Lincoln’s front side and 2 stalks of wheat on the backside. It is known as a wheat penny with wheat stalks on the back side design.
Which wheat penny is worth the money?
Some of the more valuable pennies are 1909-S VDB, 1914-D, and 1922 it does not have a mint mark, 1931-S, and 1955 doubled die. With that, pennies having high grades and those with unique errors are also high worth. It’s good to check eh price details of pennies and get the help of experts to know the valuable wheat pennies
How much is a 1948 wheat penny worth?
The1948 penny value is $0.02 to $0.10., its value can be from $0.50 to a few dollars for uncirculated conditions.
What wheat penny is worth 100,000?
1944 steel wheat penny is rare and valuable and its value is between 75,000$ and 100,000 $