The 1929 wheat pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.

1929 Wheat Penny

Specifications

Type: Wheat Penny
Year: 1929
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams

The US minted the 1929 wheat penny with no mint mark and also the 1929 D wheat penny and 1929 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
1929 Philadelphia 185,262,000
1929 D Denver 41,730,000
1929 S San Francisco 50,148,000

Value

The 1929 wheat penny with no mint mark is worth around $0.20 in good condition. In very fine condition the value is around $0.75. In extremely fine condition the value is around $2. In uncirculated condition the price is around $8 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $14.

The 1929 D wheat penny is worth around $0.40 in good condition. In very fine condition the value is around $2.25. In extremely fine condition the value is around $5.50. In uncirculated condition the price is around $25 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $37.

The 1929 S wheat penny is worth around $0.50 in good condition. In very fine condition the value is around $2.35. In extremely fine condition the value is around $5.80. In uncirculated condition the price is around $21 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $29.

Grading System

Good- The date is worn but visible. The lines in the wheat heads are not visible. The rims 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:

1930 Wheat Penny
1928 Wheat Penny
1927 Wheat Penny