The 1922 wheat pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.
Specifications
Type: Wheat Penny
Year: 1922
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams
In 1922 the US only minted the 1922 D wheat penny. There are no other penny series for this year. The mint mark, when present, can be found on the obverse side of the coin below the date.
| Series | Location | Quantity Minted |
|---|---|---|
| 1922 D | Denver | 7,160,000 |
Value
The 1922 D wheat penny is worth around $21 in good condition. In very fine condition the value is around $35. In extremely fine condition the value is around $45. In uncirculated condition the price is around $115 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $250.
Weak D Variety
On this variety, the D mint mark is weak and much harder to see. The dies at the Denver mint were being overused so that is why the error occurred.
The 1922 wheat penny with the weak D is worth around $26 in good condition. In very fine condition the value is around $70. In extremely fine condition the value is around $160. In uncirculated condition the price is around $350 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,000.
No D Variety
On this rare variety, the D mint mark is completely missing. Although there is no mint mark, these coins were still minted at the Denver Mint.
The 1922 wheat penny with no D is worth around $475 in good condition. In very fine condition the value is around $750. In extremely fine condition the value is around $1,500. In uncirculated condition the price is around $9,500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $18,500.
Grading System
Good- The date is worn but visible. The lines in the wheat heads are not visible. The rims on the coin are full.
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.
Sources:
The Red Book
See also: