The 1947 wheat pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.




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Specifications

Type: Wheat Penny Year: 1947 Face Value: $0.01 Composition: 95% copper, 5% tin and zinc Total Weight: 3.11 grams


The US minted the 1947 wheat penny with no mint mark and also the 1947 D wheat penny and 1947 S wheat penny. The mint mark, when present, can be found on the obverse side of the coin below the date.


SeriesLocationQuantity Minted
1947Philadelphia190,555,000
1947 DDenver194,750,000
1947 SSan Francisco99,000,000

Value

The 1947 wheat penny with no mint mark is worth around $0.10 in very fine condition. In extremely fine condition the value is around $0.20. In uncirculated condition the price is around $1 for coins with an MS-63RB grade. Uncirculated coins with a grade of MS-65RB can sell for around $3.


The 1947 D wheat penny is worth around $0.10 in very fine condition. In extremely fine condition the value is around $0.20. In uncirculated condition the price is around $0.60 for coins with an MS-63RB grade. Uncirculated coins with a grade of MS-65RB can sell for around $2.


The 1947 S wheat penny is worth around $0.20 in very fine condition. In extremely fine condition the value is around $0.25. In uncirculated condition the price is around $0.85 for coins with an MS-63RB grade. Uncirculated coins with a grade of MS-65RB can sell for around $2.


Grading System

Very fine- Lincoln"s jawbone and cheekbone are worn but still separated. The wheat heads are not worn.

Extremely fine- There is only slight wear on the coin. All of the details are sharp.




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MS-63RB choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin"s luster might not be as prominent. The color is red-brown.

MS-65RB gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable. The color is red-brown.


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