1949 Penny

by Chad Eicher

1949 Penny

1949 Wheat Penny Value

The 1949 wheat penny is can be worth as little as 15 cents or as much as five dollars. As you can see, the 1949 coin is not worth much, however, it can be a perfect investment for those whom are just starting to invest in coins and want to invest on a small scale. You can easily purchase a 1949 wheat coin for a couple of cents and then sell it for a couple of dollars.

Or the 1949 coin is also good for the ordinary coin collector whom may not care about investment but enjoy collecting various wheat pennies.

History of the 1949 wheat penny

In 1949 there were 217,775,000 minted at the Philadelphia Pennsylvania mint. This figure is a rough estimate and does not include all of the wheat pennies that could have been minted in Philadelphia that year.

How to determine the value of a 1949 wheat penny?

The value of this coin is based on it’s grade, that amount produced , condition, and the current price of cooper which is dependent up the global stock market and your country’s economy. Generally speaking, the value of wheat pennies have increased in recent years, albeit by a small margin.

As I mentioned, a coins value is based upon it’s condition. The shine, luster, mint, year visibility and mint mark make a tremendous determining factor of that coins value. Coins with a low mintage tend to be worth more than others with a higher mintage.

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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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