The 1912 wheat pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.
Specifications
Type: Wheat Penny
Year: 1912
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams
The US minted the 1912 wheat penny with no mint mark and also the 1912 D wheat penny and 1912 S wheat penny. The mint mark, when present, can be found on the obverse side of the coin below the date.
| Series |
Location |
Quantity Minted |
| 1912 |
Philadelphia |
68,153,060 |
| 1912 D |
Denver |
10,411,000 |
| 1912 S |
San Francisco |
4,431,000 |
Value
The 1912 wheat penny with no mint mark is worth around $2.20 in very good condition. In very fine condition the value is around $6. In extremely fine condition the value is around $15. In uncirculated condition the price is around $34 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $47.
The 1912 D wheat penny is worth around $11 in very good condition. In very fine condition the value is around $32. In extremely fine condition the value is around $80. In uncirculated condition the price is around $175 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $290.
The 1912 S wheat penny is worth around $19 in very good condition. In very fine condition the value is around $40. In extremely fine condition the value is around $70. In uncirculated condition the price is around $180 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $260.
Proof coins with no mint mark are available and they are each valued at around $675 in PR 63 condition. There were 2,172 proof coins minted.
Grading System
Very good- Half of the lines in the upper wheat heads are visible.
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.
PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
Sources:
The Red Book
See also:
1913 Wheat Penny
1911 Wheat Penny
1910 Wheat Penny