Only 50,000 proofs were minted and, because of this, they are worth approximately $80, if found to be in perfect condition. Roughly, this coins value, in average condition, can be estimated to be valued at about $0.15, while a 1950 Wheat Penny in certified mint state (MS+) condition might auction for as much as $13*. It is, therefore, considered circulated. Copyright © 2004-2020 The Fun Times Guide | Privacy Policy | About | Contact | Sitemap, 1950-D Lincoln cent graded Mint State 67+, Old Lincoln Cents You Can Still Find In Pocket Change, Old Copper Pennies: Which Ones To Save & What They’re Worth, 43 Most Valuable Pennies Worth Holding Onto, Images of America: The United States Mint in Philadelphia. Most uncirculated 1950 pennies are worth $100 or less. This was almost double the amount struck by San Francisco, which struck 118,505,000 quarters. Here’s a look at how many 1950 pennies were made at each of the United States Mint facilities and how much circulated 1950 wheat pennies are worth today: So what about those more valuable 1950 pennies? Home | User Agreement | Privacy Policy | Advertising | Contact. 1950 Lincoln Cents are highly common since more than half billion were made that year. 1949 Wheat Penny I primarily collect and study U.S. coins produced during the 20th century. Proof coins are struck on polished coin blanks (called planchets) by specially prepared dies. We have a great online selection at the lowest prices with Fast & Free shipping on many items! “E PLURIBUS UNUM” is centered above this main design element. Number of bids and bid amounts may be slightly out of date. Face Value: $0.01 Denver struck by far the most: 334,950,000. {"modules":["unloadOptimization","bandwidthDetection"],"unloadOptimization":{"browsers":{"Firefox":true,"Chrome":true}},"bandwidthDetection":{"url":"https://ir.ebaystatic.com/cr/v/c1/thirtysevens.jpg","maxViews":4,"imgSize":37,"expiry":300000,"timeout":250}}. while one in certified mint state (MS+) condition could bring as much as $13 at auction. Initially minted to replace the Indian Head Penny, the Wheat Penny was well-received by consumers. (see details)... (adsbygoogle = window.adsbygoogle || []).push({}); Type: Wheat Penny Uncirculated coins with a grade of MS-65RB can sell for around $2. Year: 1950 View our, Wheat Penny Roll Old Coins Collection Rare Collectable Indian Head Copper Lincoln Cent Steel Mint Collector Vintage 1909-1958, 26 1909-1956 Lincoln Wheat Pennies cents Come in a Velvet Bag Good-Fine Details, 1944 Jefferson Nickel – Silver Wartime Nickel, 1950 Wheat Penny Value in Uncirculated Penny, 1907 Barber Quarter – Value in the Proof and Silver, 1952 Half Dollar – Higher Value with Full Bell Lines. Before 1950, most pennies were minted at Philadelphia with a smaller amount minted at Denver. These special 1950 pennies were sold in proof sets to coin collectors. Worn 1950 pennies may be challenging to find in pocket change but they’re not rare. See Pictures. Uncirculated coins with a grade of MS-65RB can sell for around $2. Three mint locations–San Francisco, Philadelphia and Denver–struck pennies in 1950. Face Value: 0.01 USD Specifically, 272,635,000 were struck at the Philadelphia Mint (no mintmark), 334,950,000 were made at the Denver Mint (D), and 118,505,000 were made at the San Francisco Mint (S). MS-63RB choice uncirculated- In the major focal areas there are some blemishes or contact marks. Proof coins with no mint mark are available and they are each valued at around $70 in PR 65 condition. The US minted the 1950 wheat penny with no mint mark and also the 1950 D wheat penny and 1950 S wheat penny. As an Amazon Associate, I earn from qualifying purchases. Leave feedback about your eBay search experience - opens in new window or tab. SilverRecyclers.com is not a dealer or refiner. In extremely fine condition the value is around $0.25. Composition: 95% copper, 5% tin and zinc ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. 334,950,000 struck, placing 9th highest of all wheat years. The 1950 Lincoln penny is especially sought after by collectors. By the 1950's the Wheat series Lincoln penny was an established collectible. Silver Content: 0% New Listing 1950 S Lincoln Wheat Cent / Penny Coin *FINE OR BETTER* **FREE SHIPPING** $1.07. Denver 1950 wheat pennies are Abundant on the rarity scale. They issued just 50 thousand of these coins and due to their significance they are worth around $80 in perfect condition. A few light contact marks may be present but they are barely noticeable. © 2010 - 2020 USA Coin Book. In uncirculated condition the price is around $0.60 for coins with an MS-63RB grade. So when we say average, we mean in a similar condition to other coins issued in 1950, and mint state meaning it is certified MS+ by one of the top coin grading companies. 1957 Silver Quarter – The Value Is In Silver and Proofs! The 1950 Wheat Penny, featuring the Lincoln bust and Wheat Reverse, is a coin loved widely by collectors and investors, alike, with an interesting history and origin story. Watch; Wheat Penny Collection Circulated Lot of Pennies 1940's & 1950's (853 Total) $30.00. Get the best deals for 1950 wheat penny at eBay.com. My love for coins began when I was 11 years old. The coin's luster might not be as prominent. Total Weight: 3.11 grams. Collectors frequently select the Wheat Penny as the very first series to collect because of its high visibility and price, and because of its long run, this allows collectors to enjoy finding these coins widely. This page was last updated: 03-Nov 17:28. Beginning with 1950, Lincoln Wheat Pennies entered their sixth – and final – decade of production. All of the details are sharp. Both in mint state and circulated grades, all are inspected looking for standout examples. This category of penny had a long run of 50 years of production from the US mint. In uncirculated condition the price is around $0.85 for coins with an MS-63RB grade. Here’s a sampling of news headlines, events, and other happenings from 1950. The mintage of Wheat Pennies in 1950 was the first time since the second World War ended that proof pennies were issued. I’m also the editor at CDN Publishing (a trusted source for the price of U.S. rare coins), 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). History of the Lincoln Wheat Penny . The Wheat Penny is the only coin that has seen the United States go through the Great Depression and two world wars. Time left 2h 2m left. My love for coins began when I was 11 years old. Very fine- Lincoln's jawbone and cheekbone are worn but still separated. Mint Mark: No mint mark. Filed Under: Coin Values, Hobbies & Crafts Tagged With: Lincoln Cents, Pennies, Pocket Change, Wheat Pennies. The color is red-brown. So, how do you know whether your 1950 penny is worth a few hundred dollars or just a few cents? Type: Wheat Penny. (These are the ones in “typical” Mint State grades of MS-64 or lower.). The record price for any penny dated 1950 is $15,275 — paid in 2013 for a 1950-D Lincoln cent graded Mint State 67+ (very high-end uncirculated) by the Professional Coin Grading Service (PCGS). Beginning a trend of out pacing the main Philadelphia mint. Some 1950 wheat pennies are worth $100, even $1,000 — or more! Designed by Victor D. Brenner, the Wheat Penny, officially known as the Lincoln cent, featured a former president for the first time, despite protests from conservatives which desired to hold to the old standard of not putting presidents on coins, based on the direction from George Washington. Following minting, consumers loved the coin, but there were open criticisms about Brenner’s initials being too large, resulting in a slight design change. Something went wrong. Free shipping. There was a lot going on when your 1950 penny was made. So, when we state ‘average’, this is meant to mean ‘in a similar condition to other coins issued in 1950’, and ‘mint state’ meaning the coin has been certified MS+ by one of the top coin grading companies. Year: 1950. Additional Info: 1950 was the first time since the war ended that the US Mint had issued proof pennies. They generally exhibit mirror-like surfaces. 3 bids . You can read the full disclosure, TreasurePursuits.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. All Rights Reserved. 1950-D penny (Denver): 334,950,000 minted; Value: 3 to … See each listing for international shipping options and costs. Read on to see how much your 1950 wheat penny is worth…. I've contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. I've also authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! CoinTrackers.com has estimated the 1950 Wheat Penny value at an average of 15 cents, one in certified mint state (MS+) could be worth $13. I'm the Coin Editor here at TheFunTimesGuide. Generally speaking, 1950 proof pennies are worth $25 and up. It was first minted in 1909 and was minted until 1958. View cart for details. 1950 Wheat Penny Overview. So, it’s important to know whether your 1950 penny is circulated or uncirculated. For one, the coins are valuable due to the scarcity that comes inherent with a coin that is so old. It was first minted in 1909 and was minted until 1958. Numismatic Value: 15 cents to $13.00 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 15 cents, * This estimated value does not reference any standard coin grading scale. If you want to learn more about the Wheat Penny or other rare and collectible cents, be sure to read our Ultimate Guide to Pennies. And that shift can be seen in the amount of pennies minted at each location in 1950.

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