The 1934 wheat pennies come in two varieties “P” and “S”.
How much is a 1934 wheat penny worth?
A 1934 wheat penny is worth anywhere from 35 cents to $16.00.
How many 1934 wheat cents were minted?
1934 D: 28,446,000
1934 P: 219,080,000
1934 P wheat penny
Rarity: 1934-P is common in all grades. Original rolls still exist.
Facts about 1934 P wheat penny: This issue is typically well struck, although the dies are worn. The numeral 3 has a long, tail.
Cents of this date were made in very large numbers relative to those of previous years. The popularity of coin collecting increased as a result cents were widely hoarded.
As a result there are no rare US coins from 1934 onward.
1934 D wheat penny
Rarity: This issue is scarce. The quality is generally poor and worn. Original rolls may still exist.
Facts about the 1934 D Wheat Penny: Good quality, fully red, and quality cents are hard to find. The dies in this issue are mostly worn.
