The value of a 1945 penny, also known as the 1945 Lincoln Wheat Cent, can vary significantly depending on several factors, primarily its condition, mint mark , and the presence of any errors.
- Most circulated 1945 pennies (those with wear) are generally worth a few cents.
- Higher-grade, uncirculated examples, especially those with original red coloration, can be worth hundreds or even thousands of dollars.
- Coins with mint marks from Denver (“D”) or San Francisco (“S”) can be more valuable than those minted in Philadelphia (no mint mark), especially in higher grades, as the Philadelphia mint produced over 1 billion in 1945.
- Errors such as doubled dies, off-center strikes, clipped planchets, or lamination flaws can dramatically increase the value of a 1945 penny.
- A 1945 penny struck on a Netherlands East Indies ½ cent planchet is a rare and highly sought-after variety.
| Condition | Philadelphia (No Mint Mark) | Denver (“D” Mint Mark) | San Francisco (“S” Mint Mark) |
|—|—|—|—|
| Circulated Grades | $0.06–$0.23 | $0.06–$0.23 | $0.12–$0.23 |
| Uncirculated (MS 60–63) | $1.00–$2.50 | | |
| Red (MS 65+) | $260–$6,000 | $115–$15,000 | $2,174 (auction record in 2015) |
| Errors | $100–$500 | $200+ | $90–$200 |
Note: The above figures are estimates and can fluctuate based on market demand and specific characteristics of the coin.
- Condition: The better the condition, the higher the value. Coins are graded on a scale of 1 to 70.
- Mint Mark: “S” mint marks generally command the highest values due to lower mintage, followed by “D” mint marks. Pennies with no mint mark (Philadelphia) are the most common.
- Color: Coins with original red luster are generally more valuable than brown or red-brown examples.
- Errors: Minting errors like doubled dies, clipped planchets, broad strikes, or the rare case of a penny struck on a Netherlands East Indies ½ cent planchet can significantly increase the value.
To get a precise valuation, it’s recommended to have your coin professionally graded by reputable services like Numismatic Guaranty Corporation (NGC) or the Professional Coin Grading Service (PCGS).
How much is a penny from 1945 worth now?
In general, a circulated 1945 penny without a mint mark (Philadelphia) is worth around 3 to 10 cents. In uncirculated condition, it can range from $1 to $5.
Why is a 1945 penny rare?
The 1945 Wheat Penny is a notable coin for collectors due to its historical significance and unique characteristics. Struck during the final year of World War II, this penny is part of the Lincoln Wheat Cent series, which was produced from 1909 to 1958.
What year is penny worth $1,000,000?
Or more especially when the coin has been kept in excellent. Condition. This particular coin’s demand has been rising particularly because of the historical significance of the Lincoln wheatsent.
What is the error on the 1945 Wheat penny?
Thanks for asking. This 1945 Lincoln Wheat penny has a unique error – it contains no mint mark and features the “L” on the rim. The coin has been circulated and is a small cent denomination. It was minted in the United States and is not certified. A valuable addition to any collection, this penny is a rare find for coin enthusiasts.