1920 Wheat Penny value

1. 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.
2. Pricing the 1920 Lincoln Penny. When it comes to the value of a 1920 Lincoln penny, this is decided by both the type and grade of the coin. Being that most years saw 3 types of pennies minted, there will be plenty of different values given to pennies of the same grade.

About The 1920 Wheat Penny

1920 Wheat Penny Facts

The 1920 Philadelphia cent - of which 310,165,000 were struck - can be bought for as little as 10 to 20 cents in well-worn grades, and even in Brilliant Uncirculated can.

The 1920 Wheat Penny was minted in 1920 at the Philadelphia Pennsylvania mint. In 1920 there were 310,165,000 1920 pennies minted in all. Of course this figure doesn’t reflect the mint proofs that could have been minted that year at the Philadelphia mint and only includes the amount of 1920 Wheat Pennies that were poured into circulation.

How Many 1920 Wheat Pennies Were Minted?

1920 Amount Minted 310,165,000

How Much Is A 1920 Wheat Penny Worth?

The 1920 Wheat Penny is worth between .35 cents and $35.00 on average.

This value is strictly based on the coins grade and desirability (amount minted) and doesn’t take current copper spot prices into account as these coins are made of 95% copper (except for the 1943 PS&D steel Wheat Penny) and copper prices are based upon the economy and the global stock market. This value is not iron clad, though the value of Wheat Pennies as a whole have slightly increased every single year by a small margin.

These days copper is all but considered a precious metal. And although the Wheat Penny is made of 95% copper, coin collectors don’t specifically value a coin based upon its make up, but rather its condition and overall desirability. The desirability can vary from coin to coin and is usually based upon the luster, overall condition, amount originally minted of that particular coin, year and mint mark. For instance, coins with a low mintage most often tend to be worth significantly more than others with a higher mintage.

1920 Penny Value No Mint Mark

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