null
Categories
  • Home
  • 1948 Wheat Penny Value

1948 Wheat Penny Value

1948 Wheat Penny

The 1948 Wheat Penny is a U.S. cent featuring Abraham Lincoln on the obverse and wheat stalks on the reverse. Made from 95% copper, it is part of the Wheat Penny series that is popular among collectors. Its collectibility is influenced by factors such as condition, mint mark, and rarity, with well-preserved examples being particularly desirable. The 1948 Wheat Penny is relatively easy to find in most circulated and uncirculated grades. But once you get to the higher Mint State grades of the coin, it is one of the more difficult to find in the series. Continue reading to learn more about 1948 penny value.

1948 Wheat Penny value 

AUCTION RECORD: $1,399 • MS67RB • 06-09-2021

 

Image source: PCGS

 

1948 Wheat Penny Value

As of 2024, the value of a 1948 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. The coin's value is influenced by its condition, rarity, and collector demand.

History of the 1948 Wheat Penny

The 1948 Wheat Penny would make a great addition to any Lincoln Cent series collection. Cherrypicking is advised to ensure a sharp strike and attractive surfaces. 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. The Wheat Penny series is an affordable series for those looking to build a circulated grade coin collection for only a few hundred dollars. 

 

1948 Wheat Penny Worth

The 1948 Wheat Penny value ranges from two thousand dollars to ten thousand dollars for some of the highest grade coins available on the market today. The Wheat Penny comes in colors ranging from brown to brown-red to red varieties, with the full red versions typically commanding a higher price than the other colors. The 1948 Wheat Penny is worthwhile to find, and would add value to any collection. 

 

Type of coin: Penny

Year: 1948 Wheat Penny

Wheat Penny Mint Mark: Philadelphia

Total mintage: 317,570,000

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 1948 Wheat Penny?

The value of a 1948 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.

Are there any rare 1948 Wheat Penny varieties?

While the 1948 Wheat Penny is generally common, certain varieties, such as coins with minting errors like doubled dies or repunched mint marks, can be more valuable to collectors.

What mint marks are found on the 1948 Wheat Penny?

The 1948 Wheat Penny was minted in Philadelphia (no mint mark), Denver (D mint mark), and San Francisco (S mint mark). The mint mark is located below the date on the obverse side of the coin.

Is the 1948 Wheat Penny made of copper?

Yes, the 1948 Wheat Penny is composed of 95% copper and 5% tin and zinc, a composition that was standard for U.S. cents at that time.

How can I determine if my 1948 Wheat Penny is valuable?

The value of a 1948 Wheat Penny depends on its condition, mint mark, and any unique characteristics, such as errors. Coins that are in uncirculated condition, have clear mint marks, or possess rare errors are more valuable. Having the coin professionally graded can provide an accurate assessment of its worth.

 

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, 1947 wheat penny value.