The 1923 wheat pennies come in two varieties “P” and “S”.
How Much Is A 1923 Wheat Penny Worth?
Anywhere from 75 cents, to 750 dollars
How Many Wheat Pennies Were Minted in 1923?
1923 P variety: 74,723,000
1923 S variety: 8,700,000
1923 P Wheat penny
Rarity: 1923 P is very common in all grades Cents of good quality are plentiful. Original rolls may still exist but
Facts about the 1923 P Cent: This issue may be found in all grades through fully red gem. Some cents are of lesser quality are abundant but there are enough good quality cents that the lesser coins may be passed over.
1923 S wheat penny
Rarity: 1923 S cents are common in lower grades but cents of higher quality and grading are hard to find. Fully red gems are rare. When found such coins are a deep red in color and are softly struck. However the brassy color cents are more common.
Facts about the 1923 S Cent: Many 1923 S cents have been cleaned. A few may be found w few may be found with their original light color. However most have poor alloying. Quality 1923 S cents are hard to find and are highly valued.
Most 1923 S cents have sides that show erosion of dies and have a expanded appearance around the letters wheat ears and borders. Some have shallow.