The Denver mint produced 194,750,000 Wheat pennies in 1947. These coins are popularly known as 1909-S wheat pennies. The origin of the error is presently unknown. This is the cream of the crop in the series and has a base value of around $550. Rare Retained Lamination $3.75 $1.75 shipping Transitional errors can happen when a coin's composition changes, but the old dies are used. Their edges are plain and the colors are somewhat red because of the main copper composition. Transitional errors can happen when a coin's composition changes, but the old dies are used. As for your coin, there is no doubt it is PMD (post-mint damage). The first example is not exactly a mistake, on the contrary, it is the highest grade of a Denver Wheat Penny of that year, which increases its rarity enormously. It was automatically assumed by many that the brand new 1922 pennies without mintmarks were made in Philadelphia. 1947 d penny error Discussion in ' Coin Chat ' started by GH#75, Feb 23, 2019 . The motto E PLURIBUS UNUM is inscribed around the top of the coin. All coins are mint state, there is no wear to the surface of any of these coins. However, uncirculated 1947 pennies are relatively rare given that most of these coins were released into circulation and no proofs were issued that year for safekeeping among collectors. There are some rare examples, however. It also raises interest and curiosity levels. This video explains more of the errors typically found on a 1947 wheat penny. The most expensive 1947-S Lincoln Wheat penny was graded MS67 and auctioned at $5,250 in 2013. An example of data being processed may be a unique identifier stored in a cookie. WebA 1943 D Penny struck on bronze sold for $840,000 at Heritage Auction in January 2 1943 Steel Offcenter. This post may contain affiliate links. Lightly worn examples and nicer coins are those strongest in demand. It is a penny with a D mint mark and was initially sold for about 1.7 million dollars in 2010. Date and Mint Mark combinations are first priority. In 1909, there were only 284,000 1909 S VDB wheat pennies produced. That said, Lincoln pennies with an intense or visible doubled die error can be worth at least $15 or more, depending on the clarity of the error. 4.2 1951-D Repunched Mint Mark Penny (D over D over D) 4.3 1951-S, D over S Overmintmark Penny. Im also the 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). It's incredibly shiny despite the overall dirtiness of the coin. A red 1946 S wheat penny is worth around $10 at MS63. So, the 1947 wheat pennies became the first to accomplish this feature in the history of the nation. Copyright 2007-2023 Daniel A. HarrisAll Rights Reserved, https://nnp.wustl.edu/library/publisherdetail/51. The separation must remain complete from surrounding designs. Have a 1947 wheat penny? This happened to one 1946 wheat penny struck in Denver. Just common circulation wear and taken a few hits over the last 63 years. The error happens when the die strikes a blank planchet outside the holding collar. Click here to Learn How to use Coin Price Charts. Web1947 P 1c Lincoln Wheat Cent Penny Coin MAJOR REV Planchet Lamination Error $39.89 Was: $41.99 Free shipping 1947 S Lincoln Wheat Penny Off Center One Cent Error Coin $75.00 Free shipping 1947-S Lincoln Wheat Penny Error Ghost 7 struck through grease Missing 7 Date $22.00 Free shipping 1947-S Lincoln Wheat Cent *Great album filler* Click here to Learn How to use Coin Price Charts. Something went wrong. WebYou can tell if your 1946 wheat penny is from Philadelphia by looking for a mint mark. Also, click here to Learn About Grading Coins. A lamination defect caused in the alloy mixing, rolling and annealing phase of manufacture now shows prominently on the reverse. Uncirculated 1946 wheat pennies are the ones that are worth more. Im the Coin Editor here at TheFunTimesGuide. The coin was graded MS67 RB, the only example graded at that level by the PCGS, with none finer. It may be worth a little bit more if its a nicer 1947 wheat penny that hasnt been beat up in circulation. Thats a letter that appears beneath the date on the obverse. The Philadelphia mint delivered 28 million Wheaties, while the San Francisco mint produced 484,000 coins with the VDB initials in addition to the usual S mintmark. 4.1 1951-D Doubled Die Obverse Penny. But the numbers were still large over 315 million. The contaminants weaken the metals chemical composition, causing the metal to break to create a horizontal crack on the coins surface. 1947 Wheat Penny Lamination Error Contaminants in the alloy material affect the surface of the coin, causing it to crack. WebUSA Coin Book Estimated Value of 1947-D Lincoln Wheat Penny is Worth $0.05 in Average Condition and can be Worth $0.67 to $2.28 or more in Uncirculated (MS+) Mint Condition. In circulated condition, 1947-D cents are worn and are worth between $0.05 and $0.35. Next step, Grading Condition: How well a 1947 wheat cent is preserved is closely inspected and graded. Striking of cents amounted to 190,555,000 pieces. Most of those almost a billion were struck at the mint facility in Philadelphia. But the engraver, Victor D. Brenner, engraved his initials into the coins made in the first year. It seems everybody likes collecting Lincoln wheat pennies. A description of this coin would include: 1947 Wheat Penny, lightly worn, nice even brown toning and lamination defect not obscuring important design features. The Secret Service on the other hand has twice authenticated the 1959 D Wheat Penny. Read on to learn more about the 1946 wheat penny value, its history, and some of the interesting and valuable error coins out there. While the United States Mint did make proof wheat pennies in the 1940s, none were made from 1943 through 1949 (to focus production on essential circulating coinage and the striking of war medals). Each coat line separating the collar and shirt is free of wear. Note that the uncirculated version of the 1947 wheat penny comes in three colors or luster. The coins from this mint also appeared sharper and clearer. All 1946 pennies were made of 95 per cent copper and 5 per cent zinc. The hub typically strikes the die a few times to get the design fully transferred. 4.2 1951-D Repunched Mint Mark Penny (D over D over D) 4.3 1951-S, D over S Overmintmark Penny. However, if your coin doesnt stick to a magnet, its worth getting authenticated to see if its the real deal. It is a head and shoulders portrait of Abraham Lincoln shown in profile and facing right. A circulated piece is showing a slight premium if ample detail remains. So whats the value of your 1947 wheat penny?. Viewing these old copper coins is best done with a single light source. Millions of 1947 pennies are in coin collections, penny jars, and vaults. Are you curious about the 1947 Wheat penny value? Of the 4 types, the most desired 1922 cent is the 1922 No-D strong reverse (also called die pair #2). Beyond imperfections, though, something that makes error coins so valuable is that theyre often quite scarce. Completing 1947 penny value involves two initial steps. Loupe. Make Offer: Lincoln Cent Doubled Dies And RPMS. Collectible condition is key to finding added value. If you buy thru these links, we may earn a commission at no additional cost to you. WebType: Wheat Penny. Manage Settings In fact, many people held it aside for that very reason. A lot of folks know the Philadelphia Mint struck proof Lincoln wheat cents and wonder if there were any 1947 proof pennies made. WebYou can tell if your 1946 wheat penny is from Philadelphia by looking for a mint mark. Look closely at an 1946 wheat penny, and you can see them discreetly tucked away along the lower edge of Lincolns shoulder. And prices accelerate sharply after that. 4.1 1951-D Doubled Die Obverse Penny. Value is in the low premium range. Some of the 1946 wheat pennies struck in Denver had the mint marks re-punched. It becomes a coin worth keeping, highlighting the minting process and the skill of perfection needed to produce millions of perfect coins. As for your coin, there is no doubt it is PMD (post-mint damage). Lincoln Wheat pennies from 1947 are worth more or less the face value. Die errors include filled dies, die cracks, and die doubling. Read on to see what your 1947 wheat penny is worth. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. However, if you have a prime example of this coin, it Even that, though, was to cause controversy. GH#75 Trying to get 8 hours of sleep in 4. . Year: 1947. And even though theyre almost 80 years old, theyre not worth much more than their face value. WebUSA Coin Book Estimated Value of 1947-D Lincoln Wheat Penny is Worth $0.05 in Average Condition and can be Worth $0.67 to $2.28 or more in Uncirculated (MS+) Mint Condition. My love for coins began when I was 11 years old. This error occurs when the coins surface cracks due to dust or debris inside the alloy. Are you among the lucky few whove come across a 1947 wheat penny? I highly doubt the front could be in "great condition" - the coin is bent. Real Helpful. I was new to coin collecting then. If theres no letter, that means your penny was struck in Philly. 1. Ned Ludd 1947 Wheat Penny Value: are D, S, No mint mark worth money? The change released enough copper to make 1.25 million shells for the war effort. BUY ANY 10 UNGRADED ITEMS AND RECEIVE A 10% DISCOUNT ! WebA 1947 Wheat penny with a lamination error on the obverse or reverse is worth between $3 and $5. Instead of the copper and zinc 1-cent planchet that should have been used, it was struck on a dime planchet instead. The die was then used to strike 1955 Wheat Pennies, making the entire obverse design appear doubled. WebFind many great new & used options and get the best deals for 1947 D Mint US Lincoln Wheat Cent Wheat Penny Rim Error C1S7-J at the best online prices at eBay! Of the millions of pennies struck in 1947 a few errors were missed by quality controls and entered circulation. Curving along the lower edge of the reverse is the denomination, written as One cent. Mint state examples in higher grades can fetch more. Instead, theyd polish the old dies and continue using them. The 1955 doubled die penny is sometimes included in Lincoln cent collections, though its not necessary as it is not considered a regular-strike variety. This was a slight change to the pre-war composition. WebThe 1947 Wheat Penny is worth between .15 cents and $5.00 on average. 1905 Indian Head Penny Value (Rare Errors & No Mint Marks), 1916 Penny Value Guides (Rare Errors, D, S & No Mint Marks). Collections are formed including dates and mints that struck pennies. 1973 D Penny Die Clash Of Sorts And Something Else Anyone Have Thoughts? But coins with an attractive red color and in excellent condition can be worth much more. The details of the penny in your possession will determine its value. The mints in Philadelphia, San Francisco, and Denver produced hundreds of millions of cents in 1947. In 1909, there were only 284,000 1909 S VDB wheat pennies produced. But all colors are rare at MS65 and above. These are an intriguing coin to collectors, part of the earlier years of the second era of wheat cent history. Typically, the coin should have a mint mark on the obverse side, right under the minting date. We look at error penny coins from 1947. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. This YouTube video from Couch Collectibles shows you all these error coins, as well as fine examples of other valuable 1946 wheat pennies. You will also learn more about this penny from its long history. And if the coin was minted in Denver or San Francisco, a D or an S will appear beneath it. The Philadelphia mint, which is the main mint, produced 190,555,000 coins that year, and you can tell you have one of these coins if there is no mint mark on it. But now, it looks like an error. True, those are the official years of production. Grade dictates how much each 1944 steel cent sells for, though minimum values range right around $30,000. It may be worth a little bit more if its a nicer 1947 wheat penny that hasnt been beat up in circulation. We look at error penny coins from 1947. Other factors, such as the presence of a mintmark, can also affect the coins value. The PCGS population has since risen to 22, keeping a lid on values. About 40 of the 1943 bronze pennies were struck by accident; presumably, some copper planchets were left behind in reserves and were fed into the presses. Explore. It can sell for as high as $4000 or as low as $280. Lincolns image was the work of a man called Victor David Brenner. Many old coins, whether they are pennies or cents, have different values, and their true worth is not always the same as their face value. Composition: 95% copper, 5% tin and zinc. Here are answers to a few common questions you may have about the value of a 1947 wheat penny. Web1947 P 1c Lincoln Wheat Cent Penny Coin MAJOR REV Planchet Lamination Error $39.89 Was: $41.99 Free shipping 1947 S Lincoln Wheat Penny Off Center One Cent Error Coin $75.00 Free shipping 1947-S Lincoln Wheat Penny Error Ghost 7 struck through grease Missing 7 Date $22.00 Free shipping 1947-S Lincoln Wheat Cent *Great album filler* 1939 New York World's Fair. The resulting coin was graded at AU50 and was damaged into the bargain. Many experts believe the coin to be counterfeit, without any specific reasons why. Beneath them is the motto E pluribus unum. Just as some 1943 cents were accidentally struck in copper, some 1944 pennies were made with zinc-coated steel, just like most 1943 pennies. Over 1.5 billion wheat pennies were struck in 1946. As for your coin, there is no doubt it is PMD (post-mint damage). Most 1946 pennies are only worth their face value. Hubbing is the process of transferring the design of the coin to the die. The third may have a brown tone, looking worn and dull. This is the cream of the crop in the series and has a base value of around $550. The US minted the 1947 wheat penny with no mint mark and also the 1947 D wheat penny and 1947 S wheat penny. 1947 D Wheat Penny Error? GH#75 Trying to get 8 hours of sleep in 4. . The San Francisco mint produced just 99,000,000 cents in 1947. Due to the lack of money in the economy, the wheat penny coins with an S mint mark have the lowest quality. Enough were produced (99,000,000) to create an ample supply available today. For example, check the line separating Lincolns neck, bow tie, and shirt of the burst. Web1947-S Lincoln Wheat Cent -Very Nice Clipped Planchet Mint Error!-d8677qdt $14.71 Was: $21.95 Free shipping or Best Offer Nice 1947 D Jefferson Nickel low mintage only 37,822,000 minted. Still, many coin collectors want an example of this error in their collection and wont mind paying the $1,500+ for a specimen in Very Fine or better. Of the millions of pennies struck in 1947 a few errors were missed by quality controls and entered circulation. The coins in the very best condition are, by definition, rare. It is these coins sought by collectors. WebBronze Composite Penny. Off-center error pennies from 1947 are common. The Secret Service on the other hand has twice authenticated the 1959 D Wheat Penny. Im 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. On coins minted in Denver or San Francisco, the mint mark D or S appears underneath the year. WebNov 5, 2019 - Looking for the 1947 wheat penny value? Bright original luster is on the 1947 penny, without any darkening of color, a desirable coin to collectors. Shiny 1947 coins are readily available and generally attain higher grading despite their sub-standard strike. 6 Investment Outlook. But as ever, finer quality examples can be worth much more. At the line of Lincoln's coat separating the shirt, bow-tie, and neck is very high in relief. It took 0.19 seconds to rattle this change. The coin measures 19mm and weighs 3.11 grams. Total Weight: 3.11 grams. Working with a tight budget, the mint used the dies until they were completely worn, and still, they wouldnt install new dies. Even low grades are worth $100 or more. Coins showing the date and at least 50% of the image are worth more than those not showing the date. While prices have declined as more fine quality coins have come to light, the best examples can still command many hundreds of dollars. $0.10 0 bids $0.95 shipping 2d 18h 1947 P Nickel Mint Error Retained Lamination Reverse. The details were in sharp relief and the color was brighter than the others throughout the 50s. It is the wheat penny without any mint mark. Year: 1947. Watch. The auction record for a 1946 red-brown Denver wheat penny was set in 2021 on eBay. All Forums Category: US Coins and Currency Forums Forum: US Modern Variety and Error Coins 1947 S Penny Errors? The first example is not exactly a mistake, on the contrary, it is the highest grade of a Denver Wheat Penny of that year, which increases its rarity enormously. 1964 Penny Value Guides (Rare Errors, D, SMS and No Mint Mark), How Much is a 1963 $2 Bill Worth? Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. the front is in great condition then the back is like this.. Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Even back in 1981, a 1943 bronze cent sold for $10,000! There are a few errors in the 1947 wheat pennies, and this section briefly explains them. Everything you want to know about your 1947 penny value. Denver mint (a branch mint) strikes more cents than Philadelphia, the main mint. Composition: 95% copper, 5% tin and zinc. The 1959 D Wheat Penny has proven to be one of the most controversial coins to mysteriously show up on the coin marketplace in years. The value can vary hugely, depending on color and condition. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. A mint-state D wheat penny was bought at $1920 in 2020, which is the most expensive Denver wheat penny sold to date. WebBronze Composite Penny. If anything holds value lower, it's because the lamination is on the reverse. The mint mark, when present, can be found on the obverse side of the coin below the date. ! I've had this for years, but never thought anything of it. We look at error penny coins from 1947. Ever since, the demand for this coin has been through the roof. "D" Mintmark Under Date: Denver Mint Struck the Coin. Quantities of circulated examples exist, holding values from climbing. A hub is used to transfer the coins design to the die. A lightly worn piece should be viewed closer, these are appealing to beginning hobbyist, an affordable way to collect a long obsolete design. When brand new, copper has a rich red tone. An error penny is any one-cent coin that was misstruck during production at the U.S. Mint. Minting of the penny ran until 1958, about 50 years after the first minting. You can tell if your 1946 wheat penny is from Philadelphia by looking for a mint mark. Web1947 D Lincoln Wheat Cent with rim mint error FamousPenny (99) $7.99 THIRTEEN Wheat Cent Set: Early 1940s Pennies USA Coins; 13 United States of America 1 Cent Coins 1947 Wheat Penny Lamination Error Contaminants in the alloy material affect the surface of the coin, causing it to crack. Continue with Recommended Cookies. Little, if any deepening of color is evident and combined with few marks to the surfaces grade is a solid mint state coin. At the time, only one coin had been graded higher, at MS67+. How To Tell If You Have A Rare 1965 Silver Quarter Worth $7,000 + A List Of Other Rare Transitional Error Coins To Look For. The ears of wheat were replaced with an image of the Lincoln Memorial in Washington DC. Web1959 D Wheat Penny. ONE TIME SHIPPING COST FOR ALL ORDERS PURCHASED AT THE SAME TIME. WebNov 5, 2019 - Looking for the 1947 wheat penny value? All Forums Category: US Coins and Currency Forums Forum: US Modern Variety and Error Coins To participate in the forum you must log in or register. 1947 S Penny Errors? A number of 1946 pennies have an S punched over the D. Even circulated examples of this coin can be quite valuable. The obverse has the face of the beloved president Abraham Lincoln, while the reverse has two wheat stalks, hence the name. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For. Cud Error Not graded, Not certified, 1947 - D Lincoln Cent -- EXTRA FINE, 1947-D Gem BU RED Lincoln Wheat Cent (362-80). This is the cream of the crop in the series and has a base value of around $550. Apart from these mint marks, the coins look, feel, and weigh the same. Lincoln pennies from 1947 are quite rare, not because they are valuable but because collectors have hoarded these coins, taking them out of circulation. Though their authenticity has been questioned by more than a few individuals, the Secret Service has confirmed some of these as being real coins. My love for coins began when I was 11 years old. Improper punching of blank coin planchets can cause chipping. The Secret Service on the other hand has twice authenticated the 1959 D Wheat Penny. The same applies to the coat lapel line on the front of the coin. WebUSA Coin Book Estimated Value of 1947-D Lincoln Wheat Penny is Worth $0.05 in Average Condition and can be Worth $0.67 to $2.28 or more in Uncirculated (MS+) Mint Condition. In 2008, a 1944-S steel cent in gem uncirculated sold for $374,000, making it the most valuable Lincoln cent ever sold at the time. So circulated coins will usually be worth only their face value. Identify your date, mint and condition and refer to the value chart. These seem to add value and these collectors are willing to pay more for them than for others. But the steel pennies were short-lived, and in 1944 the coins returned to their previous copper appearance. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. However, it was resold in 2021 for about $840,000. Coins with this error can attract a good sum if the collector likes their rarity or oddity. USA Coin Book Estimated Value of 1946-D Lincoln Wheat Penny is Worth $0.05 in Average Condition and can be Worth $0.67 to $2.28 or more in Uncirculated (MS+) Mint Condition. A coin with the same error, graded by the PCGS at MS66+ RD, sold for over $3,000. Here, we explain each coin type in detail. US coin value charts covering cents to gold. A good indication of moderate wear is the large flat area following Lincoln's coat line. The 1959 D Wheat Penny has proven to be one of the most controversial coins to mysteriously show up on the coin marketplace in years. Since then, however, more examples of highly graded coins have come to light, and values have declined. Uncirculated coins are worth more than their face value. They have more market value than the no-mint mark pennies. 1. Strike errors include such things as broadstrikes and off-center coins. Branch mints struck small letters as part of the design to identify their production. Check your inbox or spam folder to confirm your subscription. The auction record for a 1946 D wheat penny was set in 2014 for a coin graded MS67 RD. 5 Similar Coins. The record price of a 1947 penny is $9,200 paid in 2002 for a Mint State-67 with original Red copper color and certified by Professional Coin Grading Service (PCGS). The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare But the Mint Director, Frank A. Leach, told him it was unsuitable. This is usually determined by how they are preserved. WebFind many great new & used options and get the best deals for 1947 D Mint US Lincoln Wheat Cent Wheat Penny Rim Error C1S7-J at the best online prices at eBay! These are pictures of a Lincoln wheat penny 1956 D. It is among many rolls I found buried under our kitchen floor (while recently remodeling) of the old home we bought 13 years ago .I was looking for a faint lines of a secondary D below the mint mark and I noticed that the 6 was really weird lookingit kind of overlaps onto its stem Also, the Occasionally, coins are struck off-center at the Mint. WebA typical, worn 1947 penny that you might find in circulation is worth 3 to 10 cents.