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1933 Wheat Penny Value

1933 Wheat Penny Value

The 1933 Wheat Penny had a total mintage of over 14 million coins struck at the Philadelphia Mint. The 1933 Wheat Penny is a common coin that is relatively easy to find in full red versions in higher Mint State grades. Philadelphia is known for its excellent craftsmanship and the 1933 Wheat Penny benefits from that with most of the coins featuring a sharp strike. Continue reading to learn more about 1933 wheat penny value.

1933 Wheat penny value

AUCTION RECORD: $336 • MS66BN

Image source: PCGS

History of the 1933 Wheat Penny

The 1933 Wheat Penny is an affordable yet attractive coin. This adds value to the coin while adding beauty to a collection. You can find a well-struck, high-grade, uncirculated 1933 Wheat Penny for less than a couple hundred dollars which makes the Wheat Penny series very accessible financially. The Wheat Penny was designed by Victor David Brenner. At the time, President Theodore Roosevelt wanted to prepare new coin designs that had more artistic merit. He chose Brenner based on a plaque he created with Lincoln’s profile. The Wheat Penny depicts a bust and profile of Abraham Lincoln on the obverse. The reverse features two stalks of durum wheat. 

1933 Wheat Penny Worth

The 1933 Wheat Penny value ranges from around $200 to around $6,000 for the highest grade coins found on the market. The colors for the Wheat Penny range from brown to brown-red to red varieties, with the latter commanding higher price tags at times. The 1933 Wheat Penny would make a great addition to any Wheat Penny series collection. 

 

Type of coin: Penny

Year: 1933 Wheat Penny

Wheat Penny Mint Mark: Philadelphia

Total mintage: 14,360,000

Metal content: 95% Copper, 5% Tin and Zinc

Face value: 1 cent

Weight: 3.11 grams

Edge: Plain

Designer: Victor David Brenner

Diameter: 19.00 millimeters

 

The 1933 Wheat Penny is a common coin from the Lincoln Wheat Penny series, which was produced by the United States Mint from 1909 to 1958. Despite its age, the 1933 Wheat Penny was minted in large quantities, making it relatively easy to find for collectors. The value of a 1933 Wheat Penny largely depends on its condition.

  • Circulated Condition: Most 1933 Wheat Pennies in circulated condition are worth about 15 cents to $3. The exact value within this range depends on the degree of wear and overall appearance of the coin.

  • Uncirculated Condition: Uncirculated examples, especially those with little to no signs of wear and possessing original mint luster, can be worth significantly more. Prices for uncirculated 1933 Wheat Pennies can range from $10 to over $60 for coins in MS-63 (Mint State) condition. Coins graded higher, such as MS-65 and above, can fetch higher prices, potentially exceeding $100 in some cases.

  • Errors and Varieties: While specific, widely recognized errors for the 1933 Wheat Penny are not commonly noted, any deviations from the standard minting process (such as double dies or off-center strikes) can increase the coin's value. However, significant premiums for errors on this year's coin are less common compared to other, more notable error coins in the Wheat Penny series.

It's important to note that coin values can fluctuate based on the numismatic market and collector demand.

 

FAQ

  1. What is a 1933 Wheat Penny? A 1933 Wheat Penny is a one-cent coin produced by the United States Mint as part of the Lincoln Wheat Penny series. It features President Abraham Lincoln on the obverse and two wheat ears on the reverse, symbolizing national prosperity.

  2. How much is a 1933 Wheat Penny worth? The value of a 1933 Wheat Penny varies based on its condition. Circulated examples are generally worth about 15 cents to $3, while uncirculated coins can range from $10 to over $60, with higher grades potentially exceeding $100.

  3. Are there any rare 1933 Wheat Pennies? While the 1933 Wheat Penny itself is not considered rare due to its high mintage, uncirculated examples in high grades or coins with specific errors can be more valuable and sought after by collectors.

  4. What errors can be found on a 1933 Wheat Penny? Errors on a 1933 Wheat Penny can include double dies, off-center strikes, and lamination errors. However, significant errors that dramatically increase the coin's value are not widely recognized for this specific year.

  5. Does the 1933 Wheat Penny have a mint mark? The 1933 Wheat Penny minted in Philadelphia does not have a mint mark. All Wheat Pennies produced in 1933 were minted in Philadelphia, so they will not have a "D" (Denver) or "S" (San Francisco) mint mark.

  6. How can I tell if my 1933 Wheat Penny is valuable? To determine if your 1933 Wheat Penny is valuable, examine its condition, look for any errors, and consult a current price guide or a professional coin appraiser. Coins in higher grades or those with errors tend to be more valuable.

  7. What is the highest grade a 1933 Wheat Penny can have? The highest grade a 1933 Wheat Penny can have is MS 70 (Mint State Perfect), but such a grade is extremely rare for coins of this age. Most high-value 1933 pennies are found in lower uncirculated grades, such as MS 63 to MS 65.

  8. How do I care for my 1933 Wheat Penny? To care for your 1933 Wheat Penny, handle it by the edges to avoid transferring oils from your skin, store it in a cool, dry place, and use acid-free holders or albums designed for coin storage to protect its condition.

  9. Is it worth getting a 1933 Wheat Penny graded? If you believe your 1933 Wheat Penny is in exceptional condition or has a potential error, it may be worth getting it graded by a reputable grading service like PCGS or NGC. Grading can authenticate and assess the coin's condition, potentially increasing its value.

  10. Where can I sell my 1933 Wheat Penny? You can sell your 1933 Wheat Penny through coin dealers, auctions, online marketplaces, or numismatic shows. For valuable or rare examples, consider consulting with a professional numismatist to ensure you receive a fair price.

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