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It's all supply and demand. When wheat cents (and many other coins, for that matter) were struck Philadelphia was the largest mint and in most years made the largest number of coins. The branch mints made fewer coins, so they were scarcer and more highly sought by collectors. For example, in 1909 Philadelphia made about 100 million cents but San Francisco struck about 2.3 million. That seems like a lot but it's only about 2% of the total output, so the S-mint cents from that year are worth many times more than Philadelphia coins. However there are some years when the Philadelphia mint produced fewer coins than one of the branch mints - 1932 cents and 1928 dollars are just two cases where the Philadelphia coins are less expensive than the branch mint issues.

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Q: Why is a wheat penny with a mint mark worth more?
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Related questions

Which wheat penny is worth 12500 dollars?

According to a 2014 coin price chart, there is no wheat penny that is worth $12,500. There is, however, a 1922 (no mint mark) wheat penny worth about $500 in circulated condition and $20,000 in mint condition. The highest price penny like this is a 1944 Steel penny that is worth $100,000 in mint condition and $4,000 in circulated condition.


How much is a d mint mark on a wheat penny?

The mint mark does not determine the value of a coin. If you have a penny and want to know what it is worth, please submit a new question and include the date on your penny as well as the mint mark.


Is a 1931 Lincoln wheat penny worth anything?

Yes. $1.25 if there is no mint mark, $7.75 if it has a D mint mark, and $132.50 if it has a S mint mark.


What is the value of an 1950 wheat penny?

1950 Wheat Penny; With no mint mark, in very fine condition is worth $0.10, uncirculated is worth $1.50, proof is worth $45.00. With D mint mark, in very fine condition is worth $0.10, uncirculated is worth $1.00. With S mint mark, in very fine condition is worth $0.10, uncirculated is worth $1.25.


What is the value of a 1951 wheat penny?

1951 Wheat penny: With no mint mark, in very fine condition is worth $0.10, uncirculated is worth $1.50, proof is worth $35.00. With D mint mark, in very fine condition is worth $0.10, uncirculated is worth $0.60. With S mint mark, in very fine condition is worth $0.10, uncirculated is worth $2.00.


What is the value of a 1930 penny?

1930 Wheat penny: with no mint mark, in good condition is worth $0.10, uncirculated is worth $10.00. With D mint mark, in good condition is worth $0.15, uncirculated is worth 25.00. With S mint mark, in good condition is worth $0.15, uncirculated is worth $13.00.


What is the value of a 1939 US penny?

1939 Lincoln, Wheat Ears Reverse (Wheat Penny): With no mint mark, in very good condition is worth $0.05, uncirculated is worth $3.00, proof is worth $35.00. With D mint mark, in very good condition is worth $0.45, uncirculated is worth $11.00. With S mint mark, in very good condition is worth $0.15, uncirculated is worth $8.00.


What is an 1915 wheat penny worth?

$2 to $60,000 depending upon the mint mark and the condition of the coin.


What is the value of 1929 penny?

1929 Wheat Penny; With no mint mark, in good condition is worth $0.15, uncirculated is worth $13.00. With D mint mark, in good condition is worth $0.15, uncirculated is worth $32.00. With S mint mark, in good condition is worth $0.15, uncirculated is worth $18.00. More specifics are at the Related Link


What is the value of a 1929 penny?

1929 Wheat Penny; With no mint mark, in good condition is worth $0.15, uncirculated is worth $13.00. With D mint mark, in good condition is worth $0.15, uncirculated is worth $32.00. With S mint mark, in good condition is worth $0.15, uncirculated is worth $18.00. More specifics are at the Related Link


What is the value of a 1936 penny?

1936 Wheat Penny: With no mint mark, in very good condition is worth $0.10, uncirculated is worth $5.00, proof is worth $135.00. With D mint mark, in very good condition is worth $0.10, uncirculated is worth $8.00. With S mint mark, in very good condition is worth $0.10, uncirculated is worth $8.00.


How much is a 1944 wheat penny with no mint mark worth?

Depending on condition, it's worth 3-10 cents.