The 1940 wheat pennies come in three varieties “D”, “P” and “S”.
How Much Is A 1940 Wheat Penny Worth?
Anywhere from 0.04 cent, to 1.80 dollars
How Many Wheat Pennies Were Minted in 1940?
1940 P variety: 586,810,000
1940 S variety: 81,390,000
1940 D variety: 112,940,000
1940 P wheat penny
Rarity: is very common in all grades.
Facts about the 1940 P wheat penny: This issue is very common due to a large amount of mintage and hoarding. However many of these cents are spotted and discolored. With effort you may find cents in good condition with collectors or dealers.
1940 D wheat Penny
Rarity: 1940D is common in all grades.
Facts about the 1940 D wheat penny: nearly all uncirculated cents of this date are well struck
1940 S Wheat Penny
Rarity: common in all grades. Original rolls still exist.
Facts about the 1940 S wheat penny: Due to the large coinage of this issue worn dies are not uncommon.