How much is a 1940 d penny worth

The 1940 wheat pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.

Table of Contents Show

• Is A 1940 Wheat Penny Valuable?
• How Many Of Them Were Minted?
• Philadelphia
• San Francisco
• Where Were They Minted &&lt;p&gt;As previously mentioned, they were produced in only a handful of cities. Those cities are Philadelphia and San Francisco. The other city is Denver.&amp;nbsp;&lt;/p&gt;&lt;span class="ezoic-autoinsert-ad ezoic-under_second_paragraph"&gt;&lt;/span&gt;&lt;p&gt;However, these pennies are not that rare because millions and millions of them were produced.&lt;/p&gt;&lt;p&gt;Although throughout the years there have been many 1940 wheat pennies taken out of circulation due to things like loss, damage, wear or burial to name a few, they are still not considered rare.&lt;/p&gt;&lt;span class="ezoic-autoinsert-ad ezoic-incontent_6"&gt;&lt;/span&gt;&lt;span style="clear:both;display:block" id="ez-clearholder-large-mobile-banner-1"&gt;&lt;/span&gt;&lt;span class="ezoic-ad ezoic-at-0 large-mobile-banner-1 large-mobile-banner-1701 adtester-container adtester-container-701" data-ez-name="losttreasurehq_com-large-mobile-banner-1"&gt;&lt;span id="div-gpt-ad-losttreasurehq_com-large-mobile-banner-1-0" ezaw="336" ezah="280" style="position:relative;z-index:0;display:inline-block;padding:0;width:100%;max-width:1200px;margin-left:auto!important;margin-right:auto!important;min-height:400px;min-width:580px" class="ezoic-ad"&gt;&lt;script data-ezscrex="false" data-cfasync="false" style="display:none"&gt;if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'losttreasurehq_com-large-mobile-banner-1','ezslot_7',701,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-large-mobile-banner-1-0');<p>In fact, there are still millions upon millions still out there in circulation.</p><p>The good news is there are 1940 pennies that are un-circulated, and there are all also proof coins which also went uncirculated. These two types of 1940 cents are actually a rarity.</p><h2>Which 1940 Wheat Penny Is Worth The Most?</h2><p>The most valuable one is the PCGS graded Mint State 68 red. This specific penny sold back in 2006 for nearly $15,000.</p><p>It was in nearly perfect condition and it featured very bright red colored faces.</p><h2>What Type Of Errors Do They Have?</h2><p>As for what type of errors they typically have, there aren't many. At best, you might find that some of the lettering is crooked due to die alignment.</p><p>Other than that, the 1940 wheat coins have done a tremendous job at withstanding the test of time.</p><p>As previously mentioned, many of the ones still in circulation haven't been cleaned nor have they been significantly damaged or damaged at all.</p><h2><span id="ezoic-pub-ad-placeholder-114" class="ezoic-adpicker-ad"></span>Where To Buy &amp; Sell 1940 Wheat Pennies?</h2><p>There are stores that specialize in buying collector items, including coins. These are the most common places people go to when they want to buy and sell old and rare coins.</p><p>However, not all stores are willing to buy and sell coins at the same price.&nbsp;</p><p>Some people sell coins or buy coins directly from collectors. There's a lot of work involved because you have to do extensive research to find legitimate collectors.</p><p>Once you do, you have to contact them to discuss buying and/or selling the 1940 wheat pennies you have or are after.</p><p>Auction sites such as eBay are popular places to find anything for sale or to sell anything.</p><p>This includes coins such as the 1940 wheat penny. Some people will just list a single, certified coin, while others will list multiple or they will try to sell a bunch of them as part of a bundle.</p><p>Asides from eBay, Amazon is another option.</p><p>Then, there are websites that specialize in selling and buying coins. These types of sites are excellent options, but if you want to try to sell your coins for top dollar, then compare a few places before you decide who to sell to or what site to sell on.</p><p>Do you own a 1940 Wheat Penny? Maybe you have several or many of them.</p><p>If so, either keep hold of them or you can try to sell them. Just make sure you get them valued by a professional before you do sell them.</p><p>This is because you want to get what they are worth or even more.</p><h2>More Lincoln Wheat Cents 1909 - 1958</h2><p><a target="_blank" href="https://www.losttreasurehq.com/1909-wheat-penny.html">1909</a>, <a target="_blank" href="https://www.losttreasurehq.com/1910-lincoln-wheat-cent.html">1910</a>, <a target="_blank" href="https://www.losttreasurehq.com/1911-wheat-penny.html">1911</a>, <a target="_blank" href="https://www.losttreasurehq.com/1912-wheat-penny.html">1912</a>,<a target="_blank" href="https://www.losttreasurehq.com/1913-wheat-penny-value.html">1913</a>, 1914, 1915, 1916, 1917, 1918, 1919, 1920, 1921, 1922, 1923, 1924, 1925, 1926, 1927, 1928, 1929, 1930, 1931, 1932, 1933, 1934, 1935, 1936, 1937, 1938, 1939, 1940, <a target="_blank" href="https://www.losttreasurehq.com/1941-lincoln-wheat-cent.html">1941</a>, 1942, <a target="_blank" href="https://www.losttreasurehq.com/1943-wheat-penny.html">1943</a>, 1944, <a target="_blank" href="https://www.losttreasurehq.com/1945-lincoln-wheat-cent.html">1945</a>, <a target="_blank" href="https://www.losttreasurehq.com/1946-wheat-penny.html">1946</a>, 1947, 1948, 1949, 1950, 1951, 1952, 1953, 1954, 1955, <a target="_blank" href="https://www.losttreasurehq.com/1956-wheat-penny.html">1956</a>, 1957, 1958.</p><br><span id="ezoic-pub-ad-placeholder-104"></span><span class="ezoic-ad ezoic-at-0 medrectangle-3 medrectangle-3104 adtester-container adtester-container-104" data-ez-name="losttreasurehq_com-medrectangle-3"><span id="div-gpt-ad-losttreasurehq_com-medrectangle-3-0" ezaw="300" ezah="250" style="position:relative;z-index:0;display:inline-block;padding:0;min-height:250px;min-width:300px" class="ezoic-ad"><script data-ezscrex="false" data-cfasync="false" style="display:none">if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'losttreasurehq_com-medrectangle-3','ezslot_2',104,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-medrectangle-3-0');
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Specifications

Type: Wheat Penny
Year: 1940
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams

The US minted the 1940 wheat penny with no mint mark and also the 1940 D wheat penny and 1940 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
1940	Philadelphia	586,810,000
1940 D	Denver	81,390,000
1940 S	San Francisco	112,940,000

Value

The 1940 wheat penny with no mint mark is worth around $0.15 in good condition. In very fine condition the value is around $0.40. In extremely fine condition the value is around $0.60. In uncirculated condition the price is around $2 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $3.

The 1940 D wheat penny is worth around $0.15 in good condition. In very fine condition the value is around $0.60. In extremely fine condition the value is around $0.75. In uncirculated condition the price is around $3 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $4.

The 1940 S wheat penny is worth around $0.15 in good condition. In very fine condition the value is around $0.50. In extremely fine condition the value is around $1. In uncirculated condition the price is around $3 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $4.

Proof coins with no mint mark are available and they are each valued at around $45 in PR 63 condition. There were 15,872 proof coins minted.

Click here to search for wheat pennies on Amazon.

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.

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:

1941 Wheat Penny
1939 Wheat Penny
1938 Wheat Penny

Do you have a 1940 wheat penny? It may be more valuable than you think!

There are a lot of people who collect coins, especially pennies. One of the most popular pennies around is the 1940 Lincoln wheat penny.

A large number of wheat pennies were minted that year and some are more valuable than others.

With that said, let's discuss which is the most valuable, and if your 1940 penny actually is valuable, as well as how many were minted, where they were minted and the types of errors they have.

Is A 1940 Wheat Penny Valuable?

Generally speaking, it really depends on the condition of the penny and what the coin's mint-mark is.

The short answer is yes, some of the 1940 wheat pennies are valuable, but the value of them does vary. Some are worth more than others.

A good portion of the 1940 wheat cents in circulation have heavy or moderate wear making them less valuable than uncirculated ones.

However, the majority of these pennies have not been cleaned, nor do they usually have much damage.

In fact, it's rare to see a 1940 wheat penny that is bent or have heavy nicks. This is good news because it means they retain their value.

How Many Of Them Were Minted?

At one time, the 1940 wheat penny was the most minted of all pennies. In fact, each US Mint location created well over 50 million pennies that year.

Here is how many were mined at each US Mint:

Philadelphia

The Philadelphia Minted ended up producing around 586 million 1940 wheat pennies, but they weren't mint-marked.

Denver

The Denver Mint produced just over 81.3 million pennies. The pennies were mint-marked with the letter D.

San Francisco

The San Francisco Mint produced nearly 113 million pennies. They were mint-marked with the letter S.

Besides from those, the Philadelphia Mint produced around 15,800 proof specimens of the penny.

During the time they were minted, Philly produced nearly all of them. So, as you can see there were quite a few 1940 Lincoln Wheat cents produced. 

Where Were They Minted &&lt;p&gt;As previously mentioned, they were produced in only a handful of cities. Those cities are Philadelphia and San Francisco. The other city is Denver.&amp;nbsp;&lt;/p&gt;&lt;span class="ezoic-autoinsert-ad ezoic-under_second_paragraph"&gt;&lt;/span&gt;&lt;p&gt;However, these pennies are not that rare because millions and millions of them were produced.&lt;/p&gt;&lt;p&gt;Although throughout the years there have been many 1940 wheat pennies taken out of circulation due to things like loss, damage, wear or burial to name a few, they are still not considered rare.&lt;/p&gt;&lt;span class="ezoic-autoinsert-ad ezoic-incontent_6"&gt;&lt;/span&gt;&lt;span style="clear:both;display:block" id="ez-clearholder-large-mobile-banner-1"&gt;&lt;/span&gt;&lt;span class="ezoic-ad ezoic-at-0 large-mobile-banner-1 large-mobile-banner-1701 adtester-container adtester-container-701" data-ez-name="losttreasurehq_com-large-mobile-banner-1"&gt;&lt;span id="div-gpt-ad-losttreasurehq_com-large-mobile-banner-1-0" ezaw="336" ezah="280" style="position:relative;z-index:0;display:inline-block;padding:0;width:100%;max-width:1200px;margin-left:auto!important;margin-right:auto!important;min-height:400px;min-width:580px" class="ezoic-ad"&gt;&lt;script data-ezscrex="false" data-cfasync="false" style="display:none"&gt;if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'losttreasurehq_com-large-mobile-banner-1','ezslot_7',701,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-large-mobile-banner-1-0');<p>In fact, there are still millions upon millions still out there in circulation.</p><p>The good news is there are 1940 pennies that are un-circulated, and there are all also proof coins which also went uncirculated. These two types of 1940 cents are actually a rarity.</p><h2>Which 1940 Wheat Penny Is Worth The Most?</h2><p>The most valuable one is the PCGS graded Mint State 68 red. This specific penny sold back in 2006 for nearly $15,000.</p><p>It was in nearly perfect condition and it featured very bright red colored faces.</p><h2>What Type Of Errors Do They Have?</h2><p>As for what type of errors they typically have, there aren't many. At best, you might find that some of the lettering is crooked due to die alignment.</p><p>Other than that, the 1940 wheat coins have done a tremendous job at withstanding the test of time.</p><p>As previously mentioned, many of the ones still in circulation haven't been cleaned nor have they been significantly damaged or damaged at all.</p><h2><span id="ezoic-pub-ad-placeholder-114" class="ezoic-adpicker-ad"></span>Where To Buy &amp; Sell 1940 Wheat Pennies?</h2><p>There are stores that specialize in buying collector items, including coins. These are the most common places people go to when they want to buy and sell old and rare coins.</p><p>However, not all stores are willing to buy and sell coins at the same price.&nbsp;</p><p>Some people sell coins or buy coins directly from collectors. There's a lot of work involved because you have to do extensive research to find legitimate collectors.</p><p>Once you do, you have to contact them to discuss buying and/or selling the 1940 wheat pennies you have or are after.</p><p>Auction sites such as eBay are popular places to find anything for sale or to sell anything.</p><p>This includes coins such as the 1940 wheat penny. Some people will just list a single, certified coin, while others will list multiple or they will try to sell a bunch of them as part of a bundle.</p><p>Asides from eBay, Amazon is another option.</p><p>Then, there are websites that specialize in selling and buying coins. These types of sites are excellent options, but if you want to try to sell your coins for top dollar, then compare a few places before you decide who to sell to or what site to sell on.</p><p>Do you own a 1940 Wheat Penny? Maybe you have several or many of them.</p><p>If so, either keep hold of them or you can try to sell them. Just make sure you get them valued by a professional before you do sell them.</p><p>This is because you want to get what they are worth or even more.</p><h2>More Lincoln Wheat Cents 1909 - 1958</h2><p><a target="_blank" href="https://www.losttreasurehq.com/1909-wheat-penny.html">1909</a>, <a target="_blank" href="https://www.losttreasurehq.com/1910-lincoln-wheat-cent.html">1910</a>, <a target="_blank" href="https://www.losttreasurehq.com/1911-wheat-penny.html">1911</a>, <a target="_blank" href="https://www.losttreasurehq.com/1912-wheat-penny.html">1912</a>,<a target="_blank" href="https://www.losttreasurehq.com/1913-wheat-penny-value.html">1913</a>, 1914, 1915, 1916, 1917, 1918, 1919, 1920, 1921, 1922, 1923, 1924, 1925, 1926, 1927, 1928, 1929, 1930, 1931, 1932, 1933, 1934, 1935, 1936, 1937, 1938, 1939, 1940, <a target="_blank" href="https://www.losttreasurehq.com/1941-lincoln-wheat-cent.html">1941</a>, 1942, <a target="_blank" href="https://www.losttreasurehq.com/1943-wheat-penny.html">1943</a>, 1944, <a target="_blank" href="https://www.losttreasurehq.com/1945-lincoln-wheat-cent.html">1945</a>, <a target="_blank" href="https://www.losttreasurehq.com/1946-wheat-penny.html">1946</a>, 1947, 1948, 1949, 1950, 1951, 1952, 1953, 1954, 1955, <a target="_blank" href="https://www.losttreasurehq.com/1956-wheat-penny.html">1956</a>, 1957, 1958.</p><br><span id="ezoic-pub-ad-placeholder-104"></span><span class="ezoic-ad ezoic-at-0 medrectangle-3 medrectangle-3104 adtester-container adtester-container-104" data-ez-name="losttreasurehq_com-medrectangle-3"><span id="div-gpt-ad-losttreasurehq_com-medrectangle-3-0" ezaw="300" ezah="250" style="position:relative;z-index:0;display:inline-block;padding:0;min-height:250px;min-width:300px" class="ezoic-ad"><script data-ezscrex="false" data-cfasync="false" style="display:none">if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'losttreasurehq_com-medrectangle-3','ezslot_2',104,'0','0'])};__ez_fad_position('div-gpt-ad-losttreasurehq_com-medrectangle-3-0');

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