The 1934 wheat pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.
Type: Wheat Penny
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams
The US minted the 1934 wheat penny with no mint mark and also the 1934 D wheat penny. The mint mark, when present, can be found on the obverse side of the coin below the date.
The 1934 wheat penny with no mint mark is worth around $0.15 in good condition. In very fine condition the value is around $0.30. In extremely fine condition the value is around $1. In uncirculated condition the price is around $7 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $8.
The 1934 D wheat penny 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 $2.25. In uncirculated condition the price is around $20 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $22.
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.
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