The value of a 1914 Lincoln Wheat Penny varies greatly based on its condition and whether it has a mint mark.
- Circulated condition: Values range from $1 to $20.
- Uncirculated condition: Values can reach $150 or more.
- This is the rarest and most valuable variety.
- Lower grades: Values start at $150 and can exceed $5,000 in mint condition.
- Top-graded (MS66+ Red): One such coin sold for $158,625 at auction in 2018.
- Why it’s so valuable: Due to a low mintage of 1,193,000 coins and high attrition in circulation, [according to Bullion Exchanges] . Many were lost, damaged, or cleaned, reducing the number of collectible pieces.
- Also collectible, but less rare than the Denver mint variety.
- Values: Range from $10 to over $500, depending on grade.
- Condition: The better the condition, the higher the value.
- Mint Mark: As shown above, coins from different mints have different values.
- Color: Pennies are graded as Red (RD), Red-Brown (RB), or Brown (BN). Red coins typically command the highest premiums.
- Errors: Coins with errors like die cracks, off-center strikes, or rotated reverses can also be more valuable.
Note: It’s recommended to have your 1914 penny professionally graded by a reputable service like PCGS or NGC, especially if it has a “D” mint mark or is in good condition, as this can confirm its authenticity and increase its market value. Due to the high value of some 1914 pennies, especially the 1914-D variety, counterfeits are prevalent, [notes Bullion Exchanges] . Always verify the authenticity of any potential purchase.
Is a 1914 penny worth something?
The 1914 Wheat Penny value ranges from just over a thousand for a higher grade brown coin to upwards of $50,000 for a Full Red. The 1914 Wheat Penny is a beautiful coin, even in its brown versions.
Why is the 1914-D penny worth so much today?
Good point! Struck at the Denver Mint, the 1914-D Wheat Penny saw a mintage of only 1,193,000 coins – considerably low for a regular issue in the Lincoln Cent series. What makes this coin especially rare is not only the low production but also how few high-grade examples survive today.
What year is penny worth $200,000?
In 1943, during World War II, the U.S. Mint switched penny production to steel to save copper for war supplies. But a few copper blanks accidentally got used that year—and that mistake made history. Collectors have placed the value of this coin as high as $200,000 or more, depending on its condition.