1947 Wheat Penny
The 1947 Wheat Penny is a U.S. cent featuring Abraham Lincoln on the obverse and wheat stalks on the reverse. Minted shortly after World War II, it is made from 95% copper. Collectors appreciate the 1947 Wheat Penny for its post-war historical significance, with its collectibility influenced by factors such as condition, mint mark, and overall rarity. Continue reading to learn more about 1947 wheat penny value.
AUCTION RECORD: $9,200 • MS67 • 03-22-2012
Image source: PCGS
1947 Wheat Penny Value
As of 2024, the value of a 1947 Wheat Penny typically ranges from $0.10 to $2 in circulated condition. Uncirculated examples can be worth between $2 and $10 or more, depending on their quality and mint mark. The coin's value is determined by its condition, rarity, and collector demand.
History of the 1947 Wheat Penny
The 1947 Wheat Penny is an attractive coin that would make a great addition to any Lincoln Cent series collection. When looking for that ideal coin, search for one that is well-struck and has beautiful, spot-free surfaces, especially in the red varieties. 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.
1947 Wheat Penny Worth
The 1947 Wheat Penny value ranges from two thousand dollars to nine thousand dollars for some of the highest grades available on the market today. The Wheat Penny comes in colors ranging from brown to brown-red to red, with the red versions commanding a higher price than the other colors under most circumstances. The Wheat penny series can be an affordable one for those looking to build a circulated grade collection for only a few hundred dollars.
Type of coin: Penny
Year: 1947 Wheat Penny
Wheat Penny Mint Mark: Philadelphia
Total mintage: 190,555,000
Metal content: 95% Copper, 5% Zinc
Face value: 1 cent
Weight: 3.11 grams
Edge: Plain
Designer: Victor David Brenner
Diameter: 19.00 millimeters
FAQ
What is the value of a 1947 Wheat Penny?
The value of a 1947 Wheat Penny generally ranges from $0.10 to $2 in circulated condition. Uncirculated examples can be worth between $2 and $10 or more, depending on their quality and mint mark.
Are there any rare 1947 Wheat Penny varieties?
While the 1947 Wheat Penny is generally common, rare varieties can exist due to errors, such as doubled dies or off-center strikes. These error coins can be more valuable to collectors.
What mint marks are found on the 1947 Wheat Penny?
The 1947 Wheat Penny was minted in Philadelphia (no mint mark), Denver (D mint mark), and San Francisco (S mint mark). The mint mark can be found below the date on the obverse side of the coin.
Is the 1947 Wheat Penny made of copper?
Yes, the 1947 Wheat Penny is made of 95% copper, with the remaining 5% composed of tin and zinc. This composition was common for U.S. cents during that period.
How can I tell if my 1947 Wheat Penny is valuable?
The value of a 1947 Wheat Penny depends on its condition, mint mark, and any unique features such as errors. Coins in uncirculated condition, with a clear mint mark, or with rare errors, are generally more valuable. It is recommended to have the coin professionally graded to determine its exact value.
Learn more about:
1909 VDB Wheat Penny, Morgan silver dollar value, Indian head penny mintage, what are quarters made of, penny error list by year, 1944 steel penny value, how many pennies in a roll, 1941 Wheat Penny, 1942 Wheat Penny, 1944 Wheat Penny, 1945 Wheat Penny, 1946 Wheat Penny, 1952 Wheat Penny, 1953 Wheat Penny, 1953-D Wheat Penny, 1955 Wheat Penny, 1956 Wheat Penny, 1956 D Wheat Penny, 1957 Wheat Penny, 1957 D Wheat Penny, 1958 Wheat Penny, 1958 D Wheat Penny, 1913 wheat penny value, quarters worth money, state quarters worth money, what makes a 1964 kennedy half dollar rare, pennies worth money list, 1945 penny value, 1935 wheat penny value, silver quarter years, how many dimes in a roll, 1941 wheat penny value.