1945 Wheat Penny Value

1945 penny (no mintmark, made in Philadelphia) — 1,040,515,000 minted; worth 2 to 5+ cents. 1945-D penny (struck in Denver) — 266,268,000 minted; worth 3 to 5+ cents. 1945-S penny (produced in San Francisco) — 181,770,000 minted; worth 5 to 10+ cents.

Lincoln Penny value listed. A step by step approach is use to evaluate and identify variety, judge grade and determine how much wheat pennies are worth. Images visualize each important step. Value chart lists all dates in the wheat penny series. Here’s the current 1943 steel wheat penny value: Most 1943 steel pennies that you’ll find in circulation are pretty well worn (and many that are worn exhibit rust). These are worth 5 cents to 10 cents. A lightly circulated 1943 steel penny is generally worth 20 cents to 50 cents.

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Considering this, how much is a wheat penny from 1945 worth?

1945 Wheat Penny. CoinTrackers.com has estimated the 1945 Wheat Penny value at an average of 15 cents, one in certified mint state (MS+) could be worth $3.

Furthermore, are pennies without a mint mark valuable? Sold at auction:$63,000One or more damaged die at the Denver Mint resulted in coins struck without a mint mark. While most coins without a mark are from the Philadelphia Mint, Denver was the only mint to strike pennies in 1922. It is believed that about 15,000 to 20,000 coins were produced in this way.

Also asked, where is the mint mark on a 1945 wheat penny?

The 1945 Lincoln Penny was minted at all three operating mints: 1,040,515,000 at the Philadelphia Mint; 266,268,000 at the Denver Mint (D); and 181,770,000 at the San Francisco Mint (S).

  1. HOW MUCH IS A 1945 PENNY WORTH? WHEAT PENNIES VALUES!! Searching for error coins worth money continues to be a growing hobby. This is the 1945 wheat penny wo.
  2. Lincoln Penny Value – What Dealers Pay. Both coin dealers and coin collectors are willing to pay a higher premium for Lincoln Wheat Pennies that are in superior condition and of a higher grade. In fact, the values of collectable wheat pennies in good condition can range from several dollars to over $1000.

If, however, the thrill of the hunt isn’t a motivation for searching pocket change and rolls for an example of a 1945 Penny, you could easily buy circulated examples for 5 to 20 cents each from just about any coin dealer specializing in U.S.

What is the rarest wheat penny?

1943-S copper Lincoln Wheat Penny, $185,000 – The 1943-S copper cent is the one of the most valuable small cents, with one example having sold for a cool $1 million at an auction in 2012.

Coin Values Moving with Precious Metals: Up-Dated 2/8/2021: Gold $1813 Silver $26.90


A popular variety to 1945 penny value is the 'S' mint, San Francisco issue. Throughout the Wheat cent years low production was typical of the San Francisco mint. First step is to separate these from the rest. Proceed through the value process of inspecting: Date Mint Mark Condition

Second step is judging Condition. Examples with light wear, indicating higher condition are uncommon and worth a premium.

Comparing to images determines both, identity of mint mark and grading condition.

Steps Leading to Value:

  • Step 1: Date and Mintmark Variety – Identify each date and its mintmark variety.
  • Step 2: Grading Condition – Judge condition to determine grade.
  • Step 3: Special Qualities – Certain elements either enhance or detract from value.
1945 Lincoln Penny Value
Condition of Coin
DateGoodFineExtremely
Fine
Uncirculated
1945 Lincoln Penny Value Up-Dated 2021
1945 $0.02 $0.02 $0.04 $1.30
1945 D $0.02 $0.02 $0.04 $1.00
1945 S $0.03 $0.03 $0.05 $1.02

A value process identifies three main factors: Date Mint Mark Condition

Listings of 1945 pennies begin with Date and Mint Mark combinations. Close-up images help identify and confirm the correct variety.

Grading condition follows. Additional categories on the chart separate values by condition. A set of images showing a progression of wear helps visualize the differences. Descriptions of important areas to judge helps match your coin to a grade. Each different combination of these factors is listed on the value chart.

Step 1: Date and Mintmark Combination

Three Varieties of 1945 Penny

1945 places 4th in highest total mintage of wheat series Lincoln cents. San Francisco variety pennies continue the trend of producing the fewest for the year. Popular with collectors and one to inspect for condition.

1945 Lincoln Penny

No Mintmark Under Date: Philadelphia Mint Struck the Coin

Second largest total from the Philadelphia mint during the wheat series. Again over 1 billion struck, following the record previous year. 1,040,515,000 total.

Ample quantities available, placing: Abundant on a rarity scale. To set a coin apart from the large numbers known requires an added appeal. Many exist in Mint State condition - like new - collectors favor those still bright with no fading of original red color. Circulated coins with very light wear are favored by beginning and young collectors.

1945-D Lincoln Penny

'D' Mintmark Under Date: Denver Mint Struck the Coin

Abundant on a rarity scale. Denver 1945 cents are needed as part of the varieties struck that year. Collectors are the strong base to value, noting the value chart, their preferences are in the Extremely Fine grade.

1945

Desirable as part of collections are 1945-D pennies lightly worn or better condition. Adding to appeal are coins without a combination of dark and light areas. Depending on conditions of storage, deep irregular toing is imparted. Evenness of coloration defines higher appeal.

1945-S Lincoln Penny

'S' Mintmark Under Date: San Francisco Mint Struck the Coin

San Francisco struck the fewest of the three varieties of 1945 cents. Continuing a trend of lowest production throughout the series.

All varieties of each date are sought as part of collections. 1945-S pennies hold a small premium in circulated grades. Separate and give a closer inspection to each, looking for bold lines within Lincoln's shirt and coat. Grading, the next step finds higher end examples.

Step 2: Judge Condition to Identify Grade

Grade Separates Average from Above Average 1945 Penny Value

Collectors inspect each coin, judging condition and looking for above average examples. Grade, a notation of condition, is determined and used as part of the description of the coin. Collectors and dealers now combine date, mintmark, and grade as they value an individual coin.

Grading pennies involves close inspection of small areas; a magnifying glass is useful. If a magnifying glass is not available, an image is often taken and used to enlarge key points.

Value

Uncirculated Grade: Within Lincoln wheat penny series, coins in mint state - uncirculated grade are a favorite with collectors. Defining an uncirculated grade is complete absence of wear to the surfaces of the coin. Bright luster is often present but not necessary to qualify as a mint state example.

Penny

On well preserved wheat cents bright - untoned luster is a plus adding to value. Copper does tone shades of brown over time with this toning laying on top of original surfaces. Lack of wear is a true indicator of the mint state grade. Look closely at Lincoln's cheek just below the eye. Any smoothing of texture indicates circulation wear.

Image is a very nice 1945 Lincoln penny, bright with original shine. A small degree of toning is developing along the rims framing the center and adding eye appeal.

Judge Color and Wear of 1945-Penny Toning and wear are natural to coins entering circulation. Wear disrupts luster and causes removal of metal. Presence of toning is not an indication of wear. Toning occurs independent of wear; it covers the surface in any condition.

Inspecting the cheek of Lincoln shows no wear. Laying on top of the surface the moderate toned 1945 penny still retains the fine grain of original surfaces. Looking 'through' the soft brown of the toned coin finds no wear and smoothing to the surface.

Tilt coins at a sharp angle, magnify into a high point, in this case the cheek below the eye, and judge for any smooth surface different from the surrounding area.

Extremely Fine Grade: Light wear is confined to the highest points of the design on Lincoln cents in extremely fine grade. Key to the grade is light wear and the slightest merging of design elements.

Lincoln's cheek is well defined and almost completely rounded in profile. A small flat area is visible just below the eye but the cheek is well separated from his nose. Original texture to the surface remains in the protected areas of the eye and just below. With only evidence of wear extending towards the ear all elements remain bold.

Soft brown toing of the center is surrounded by deeper shades towards the rim. A pleasing contrast of colors lends well to eye appeal. No large nicks distract and main features remain bold and well detailed. Lincoln cents minted in the 1940's are collectible quality in extremely fine grade.

Average Circulated Condition: Moderate wear has lowered the profile and merged many design details on lower condition wheat cents. These coins have worn to a point grading below the extremely fine grade.

Overall view of the examples identify smoothing over Lincoln's cheek and jaw, and many finer details of hair. In the era of 1944 through 1958, coins in this grade are valued by beginning and young collectors as an affordable entry into the wheat cent series.

Despite moderated wear, lack of discoloration and large marks lends to a pleasing appearance. Clear readable dates and lettering remain. A worn but problem free wheat cent is acceptable to many collectors.

Video Grading Lincoln Wheat Pennies

Detecting wear and condition by examining all parts of the coin's surface confirms a grade. As values climb higher many additional factors are used deciding the grade and worth.

Grading Lincoln Wheat Pennies covers the grading process in greater detail. Video examines grading examples. Descriptions point to elements to establish a grade.

Step 3: Special Qualities Enhancing Value

Error Collecting Supports Value of Special Lincoln Penny

1945 Wheat Penny Value Worth

Collectors make the ultimate decision as to what coins are worth collecting. Many themes are pursued within the Lincoln wheat penny series. Date and mintmark runs are the premier example, very popular. Specialized sub groups are also collected to a lesser extent, error varieties is one.

Error wheat pennies come in many forms. Different mintmark errors such as double punching of the mark is intensely studied and sought. Doubling of design elements during the preparation of working dies are also popular with collectors. Unintentional mistakes made during the striking process are legitimate errors and are of interest.

One striking error with high visual impact are known as off-center strikes. These coins were misaligned at the time of striking and the coin shows blank areas to the sides of the design. Visual appeal is key to placing a value on error coins.

A 1945-S penny struck approximately 15% to 20% off-center entered circulation and was quickly spotted and saved. Of the number of 1945-S cents available today this example does stand-out, displaying a special quality. Value is higher because of the error and there is a following of collectors.

References1945 Wheat Penny Value

US Mint. 1946 US Mint Annual Report https://nnp.wustl.edu/library/publisherdetail/51
US Mint. Coin Term glossary. https://www.usmint.gov/learn/collecting-basics/glossary

Coin Values CoinStudy Articles

Date by Date
In Depth Lincoln Penny Value
Early Era 1909 to 1933

1909

1915

1921

1910

1916

1922

1928

1911

1917

1923

1929

1912

1918

1924

1930

1913

1919

1925

1931

1914

1920

1926

1932

1933

Date by Date
In Depth Lincoln Penny Value
Second Era 1934 to 1958

1934

1940

1946

1935

1941

1947

1953

1936

1942

1948

1954

1937

1943

1949

1955

1938

1944

1950

1956

1939

1945

1951

1957

1958

1945 Wheat Penny Value Errors

Lincoln Wheat cents span the years 1909 through 1958. From the top condition coins collected by advanced collectors to worn examples; to an affordable collection for young collectors, the range of value is extensive. Identify your date, mint and condition and refer to the value chart.

1945 Wheat Penny Value No Mint Mark

Coin series enjoy different levels of popularity within the hobby. Lincoln cents are avidly collected and pursued. Values are directly related to their interest by collectors. Knowing a coin is in demand by many is an understanding into your coins.

Coin Values Discovery finds 1945 Penny Value and...

All US coin values. Recognize your old coins using the image links leading to value charts. Date Mintmark Condition are considered; all described and imaged within each series. Surprising value is often found in the smallest of detail.