1920 Penny Value

Value

CoinTrackers.com has estimated the 1920 Wheat Penny value at an average of 35 cents, one in certified mint state (MS+) could be worth $75. (see details)...

Type:Wheat Penny
Year:1920
Mint Mark: No mint mark
Face Value: 0.01 USD
Total Produced: 310,165,000 [?]
Silver Content: 0%
Numismatic Value: 35 cents to $75.00
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 35 cents, while one in certified mint state (MS+) condition could bring as much as $75 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1920, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

Rare No Mint Mark 1920 Lincoln Wheat Cent Penny Cud Error $99.99 $4.15 shipping 1920 Wheat Lincoln Penny,ERROR,or NOT?

  • The Roaring ‘20s started off with a healthy output of Lincoln Wheat Penny coins across all three Mints in 1920.And, while the 1920s would mark a decade of particularly high mintage figures for the Penny, it was a decade that still saw a few semi-keys and one major rarity.
  • Finding the Value of Your Penny. To find out how much your U.S. Penny is worth, we first need to determine its type. Has made two major types of pennies, the Large Cent, and the Small Cent. The Large Cents are dated 1857 and earlier and are much bigger and heavier than our current penny type, the Small Cent.

Additional Info: The 1920 Wheat Penny may have the following errors; Lamination errors - the outer layer of the coin may be flaked off or have cracks. Off-center strikes - die strike is off center. Argentina Planchets (just 15 known) - its a 1920 wheat cent struck on a foreign Argentina 10 centavos planchet. Will look super worn. Check google for images. Coin is a copper nickel alloy.


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**When we say that 310,165,000, of these coins were produced or minted in 1920 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.

Penny

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The 1920 wheat pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.

1920 Penny Value Lincoln Wheat

Specifications

Type: Wheat Penny
Year: 1920
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams

The US minted the 1920 wheat penny with no mint mark and also the 1920 D wheat penny and 1920 S wheat penny. The mint mark, when present, can be found on the obverse side of the coin below the date.

SeriesLocationQuantity Minted
1920Philadelphia310,165,000
1920 DDenver49,280,000
1920 SSan Francisco46,220,000

Value

The 1920 wheat penny with no mint mark is worth around $0.20 in good condition. In very fine condition the value is around $0.75. In extremely fine condition the value is around $2.50. In uncirculated condition the price is around $15 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $28.

The 1920 D wheat penny is worth around $1 in good condition. In very fine condition the value is around $6.50. In extremely fine condition the value is around $19. In uncirculated condition the price is around $80 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $110.

The 1920 S wheat penny is worth around $0.50 in good condition. In very fine condition the value is around $2.25. In extremely fine condition the value is around $10. In uncirculated condition the price is around $110 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $185.

Grading System

1920 Penny Value 1943

Good- The date is worn but visible. The lines in the wheat heads are not visible. The rims are full.

Very fine- Lincoln's jawbone and cheekbone are worn but still separated. The wheat heads are not worn.

Extremely fine- There is only slight wear on the coin. All of the details are sharp.

MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.

Sources:

The Red Book


1920 Penny Value Coin Values

See also:

1920 Penny Value Today

1921 Wheat Penny
1919 Wheat Penny
1918 Wheat Penny