# 1950 wheat penny

Proof coins with no mint mark are available and they are each valued at around $70 in PR 65 condition. The Lincoln penny has been produced for well over 100 years and is easily one of the most identifiable pieces of US coinage. Only 50,000 proofs were minted and, because of this, they are worth approximately$80, if found to be in perfect condition. Buy It Now. (see details)... (adsbygoogle = window.adsbygoogle || []).push({}); Type: Wheat Penny The 1950 Wheat Penny, featuring the Lincoln bust and Wheat Reverse, is a coin loved widely by collectors and investors, alike, with an interesting history and origin story. In extremely fine condition the value is around $0.20. Click here to Learn How to use Coin Price Charts, Click here to see the Melt Value of every US Coin, US United States of America 1 Lincoln Cent 1950 D km A132, 1950 D Lincoln Cent, Premium Quality BU (50DQ3), 1950 D Lincoln Wheat Cent Small Cents - 6, 1950 D Lincoln Wheat Cent Small Cents - 5, 1950-D Gem BU RED Lincoln Wheat Cent (150), 1950 D Lincoln Cent, BU attractive coin (50DQ2), 1950 D Lincoln Wheat Cent (EF-40) rev corr, 1950-D Gem BU RED Lincoln Wheat Cent (4005 ). It was first minted in 1909 and was minted until 1958. Designed by Victor D. Brenner, the Wheat Penny, officially known as the Lincoln cent, featured a former president for the first time, despite protests from conservatives which desired to hold to the old standard of not putting presidents on coins, based on the direction from George Washington. While it’s possible that a few may have been spent over the years, most of the surviving 1950 proof pennies exist in coin collections. History of the Lincoln Wheat Penny . A few blemishes may be present. Extremely fine- There is only slight wear on the coin. This page was last updated: 03-Nov 17:28. The 1950 Wheat Penny The most popular color? The reverse design shows two wheat ears surrounding the words “UNITED STATES OF AMERICA” and “ONE CENT”. Most uncirculated 1950 pennies are worth$100 or less. 3 bids . The wheat heads are not worn. I’m a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. Have a 1950 wheat penny and want to know its value? CoinTrackers.com has estimated the 1950 Wheat Penny value at an average of 15 cents, one in certified mint state (MS+) could be worth $13. [?]. In extremely fine condition the value is around$0.25. Initially minted to replace the Indian Head Penny, the Wheat Penny was well-received by consumers. Many of these proofs have been maintained in mint condition and, though not rare to find, are more difficult to locate. In extremely fine condition the value is around $0.20. Here’s a sampling of news headlines, events, and other happenings from 1950. **When we say that 272,635,000, of these coins were produced or minted in 1950 this number doesn't always match the actual circulation count for this coin. My love for coins began when I was 11 years old. This was almost double the amount struck by San Francisco, which struck 118,505,000 quarters. Most collectors do have some type of Wheat Penny Collection, and it is the coin that brought most people to coin collecting in the first place. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. All Rights Reserved. After 1950, most pennies were minted at Denver, with a lesser amount produced at Philadelphia. In fact, the Wheat Penny series is not only the longest-minted coin in US history, as well as being produced in far greater numbers than any other coin known to be minted in the history of the world. 334,950,000 struck, placing 9th highest of all wheat years. Here’s a look at how many 1950 pennies were made at each of the United States Mint facilities and how much circulated 1950 wheat pennies are worth today: 1950 penny with no mintmark (Philadelphia): 272,635,000 minted; Value: 3 to 15+ cents. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. Total Produced: 272,635,000 [?] In uncirculated condition the price is around$0.85 for coins with an MS-63RB grade. ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. The most common 1950s wheat penny material is copper. The coin's luster might not be as prominent. The color is red-brown. View our, Wheat Penny Roll Old Coins Collection Rare Collectable Indian Head Copper Lincoln Cent Steel Mint Collector Vintage 1909-1958, 26 1909-1956 Lincoln Wheat Pennies cents Come in a Velvet Bag Good-Fine Details, 1944 Jefferson Nickel – Silver Wartime Nickel, 1950 Wheat Penny Value in Uncirculated Penny, 1907 Barber Quarter – Value in the Proof and Silver, 1952 Half Dollar – Higher Value with Full Bell Lines. I'm also the editor at CDN Publishing (a trusted source for the price of U.S. rare coins), editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint).
Here’s a look at how many 1950 pennies were made at each of the United States Mint facilities and how much circulated 1950 wheat pennies are worth today: So what about those more valuable 1950 pennies? SilverRecyclers.com is not a dealer or refiner. This category of penny had a long run of 50 years of production from the US mint. While the US Mint struck hundreds of millions of pennies for use in circulation in 1950, there were also tens of thousands of special proof 1950 pennies made at the Philadelphia Mint for coin collectors. It was first minted in 1909 and was minted until 1958. So, how do you know whether your 1950 penny is worth a few hundred dollars or just a few cents? Time left 2h 2m left. It is, therefore, considered circulated. Despite this pushback, Theodore Roosevelt selected the 16th President Abraham Lincoln for the new penny as a way to celebrate the 100th year of his birth. This category of penny had a long run of 50 years of production from the US mint. I'm a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. The 1950 wheat penny with no mint mark is worth around $0.10 in very fine condition. 1950-D penny (Denver): 334,950,000 minted; Value: 3 to … Mint Mark: No mint mark$0.49. Very fine- Lincoln's jawbone and cheekbone are worn but still separated. Exceptional 1950 cameo proof pennies with deep-mirrored surfaces and frosted designs and lettering are worth $1,000 or more. The color is red-brown. I've also authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! We always advise when it comes to value coins like the wheat penny to have it appraised by a reputable coin dealer or service. Specifically, 272,635,000 were struck at the Philadelphia Mint (no mintmark), 334,950,000 were made at the Denver Mint (D), and 118,505,000 were made at the San Francisco Mint (S). There was a lot going on when your 1950 penny was made. while one in certified mint state (MS+) condition could bring as much as$13 at auction. In addition to the links I’ve included above, here are some other resources to help you learn more about your 1950 wheat penny: I’m the Coin Editor here at TheFunTimesGuide. Please keep that in mind. There are 100 1950s wheat penny for sale on Etsy, and they cost \$201.96 on average. And Philadelphia which struck 272,686,386 pennies. There were 51,386 proof coins minted. This price does not reference any standard coin grading scale. Year: 1950