A good rule of thumb is that they are worth at least 3 or 4 cents even in poor condition, but those in good condition (not including special years) are worth at least double digit dollars ($10 or more) when purchased or sold in MS-63 condition.
When did the wheat penny go out of circulation?
The wheat penny is a classic iconic early 21st century American coin with a face value of 1 cent that was minted from 1909 to 1956. On a personal note we just love searching penny rolls for wheat and indian head pennies. Wheat pennies are still readily found in circulation and because of the relative price of just $25
Which is the most valuable 1940 wheat penny?
Which 1940 Wheat Penny Is Worth The Most? The most valuable one is the PCGS graded Mint State 68 red. This specific penny sold back in 2006 for nearly $15,000. It was in nearly perfect condition and it featured very bright red colored faces.
