1948-S Wheat Penny/Type I and II/Etc...

dakra

Hello everyone, it's been two weeks since I posted but have read through the postings and have really enjoyed the topics on the wheat pennies and the postings on the Type I and Type II pennies. I revisted some of the penny rolls that I recently received from the bank and found a beautiful 1948-S Wheat penny. My initial reaction was "This Penny Is Valueable!!!" but after going through the price guides, found that this is *not* from a proof set but a regular issued coin? Is that right? Although my grading is a bit rough around the edges, I would give it anywhere from an AU58 to a MS64? In *your* opinion, would this be a coin worthy of grading?

I also went through some of the pennies to seperate the Type I and Type II, it appears to me that anything made prior to 1990 was type II and anything 1990 or forward was Type II. Is there anything I should be on the lookout for when it comes to pennies?

-Dave

KlectorKid

i wouldnt try to get it graded it only costs $2.25 in MS-65 according to the Red Book.

richbeat

Check the other thread "Type 2 reverse Lincoln cents." Conder does a good job of explaining the difference and the years involved. It's prior to 1994, instead of 1990. All 1990 cents are supposed to be type 2, with the space between the A and M. From 1994 onwards, they're supposed to be type 1, with the A and M almost touching, except for the ones mentioned in the above mentioned thread.