1948 Penny

by Chad Eicher

1948 Penny

The 1948 wheat pennies come in three varieties “D”, “P” and “S”.

How much is a 1948 wheat penny worth?

A 1948 wheat penny is worth 15 cents to $4

How many 1948 wheat penny were minted?

1948 S: 81,735,000

1948 P: 317,570,000

1948 D: 172,637,500

1948 P wheat penny

Rarity: common in all grades: These cents were well made and mintage was high. You can readily find fully struck red cents.

Facts about 1948 P wheat penny: most cents of this issue were well made. You can readily find fully struck red cents.

1948 D wheat penny

Rarity: Common in all grades.

Facts about 1948 D wheat penny: This issue was not well made. However you can find this issue easily.

1948 S wheat penny

Rarity: Common in all grades

Facts about the 1948 S wheat penny: The cents of this issue were coined from worn and overly polished dies. Many shallow features of the design are faded or missing.

A recession which began during 1947 and lasted into 1950 hit the west coast hard. This slowing of business activity reflected in the reduced demand for new coinage.

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Article by

Chad Eicher

Detectorist Chad is passionate about metal detecting since he got his first metal detector as a gift when he was 12 years old. He created Metal Pursuits to share his knowledge and create the ultimate metal detecting resource on the web.

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