1940 penny worth anything?

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Doug2123
Doug2123 Posts: 32 ✭✭
in U.S. Coin Forum

I know some wheat pennies are worth money. Was just wondering if anybody knows if this one is?



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  • hummingbird_coins
    hummingbird_coins Posts: 1,671 ✭✭✭✭✭
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    Common date in common grade. What makes you think it's worth more than a few cents? I recommend using an online price guide, or maybe buying a red book if you think you will need to look up coins a lot.

    Young Numismatist • My Toned Coins
    Life is roadblocks. Don't let nothing stop you, 'cause we ain't stopping. - DJ Khaled

  • jmlanzaf
    jmlanzaf Posts: 43,046 ✭✭✭✭✭
    edited September 17, 2024 1:26PM
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    As stated, common year in common condition. They sell for about 5 cents each. Dealers buy them at 2.5 or 3 cents each depending on how many you have.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • ajaan
    ajaan Posts: 18,004 ✭✭✭✭✭
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    Worth about 4 cents.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • Doug2123
    Doug2123 Posts: 32 ✭✭
    edited September 17, 2024 1:30PM
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    Just wasn't sure, cause I found one on ebay that looks like mine for sale for $2,499.00. https://www.ebay.com/itm/184994958278 Never heard of that book before. I might have to get one.

  • ajaan
    ajaan Posts: 18,004 ✭✭✭✭✭
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    @Doug2123 said:
    Just wasn't sure, cause I found one on ebay that looks like mine for sale for $2,499.00. https://www.ebay.com/itm/184994958278 Never heard of that book before. I might have to get one.

    The one on eBay is also worth about 4 cents.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • Doug2123
    Doug2123 Posts: 32 ✭✭
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    @ajaan said:

    @Doug2123 said:
    Just wasn't sure, cause I found one on ebay that looks like mine for sale for $2,499.00. https://www.ebay.com/itm/184994958278 Never heard of that book before. I might have to get one.

    The one on eBay is also worth about 4 cents.

    Ok, thanks.

  • bigmountainlion
    bigmountainlion Posts: 290 ✭✭✭
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    There are 568 million made, nobody is going to buy eBay item for $2499

  • World67
    World67 Posts: 13,098 ✭✭✭✭✭
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    @Doug2123 said:
    Just wasn't sure, cause I found one on ebay that looks like mine for sale for $2,499.00. https://www.ebay.com/itm/184994958278 Never heard of that book before. I might have to get one.

  • WAYNEAS
    WAYNEAS Posts: 7,271 ✭✭✭✭✭
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    If you like to get more wheaties, go to the bank and pick up a box of rolled Lincolns($25.00). Search thru them and you will probably find 5-10 of them.
    Best of luck.
    Wayne

    Kennedys are my quest...

  • giantsfan20
    giantsfan20 Posts: 1,750 ✭✭✭✭
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    You could have saved tine lol and effort if you used something called google as to worth etc.. Also the only to dtermine value is SOLD transactions and sometimes those are questionable.

  • JBK
    JBK Posts: 17,860 ✭✭✭✭✭
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    That's the problem with ebay sometimes. Even when a well-intentioned person seeks information from ebay listings, these nonsensical listings mislead people about value.

  • robec
    robec Posts: 7,051 ✭✭✭✭✭
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    You can ask whatever price you want. Look for complete sales for 1940 Lincoln’s on eBay. Coins in the condition of yours and the coin you linked won’t come anywhere near that price. If you’re offered $1 snap it up fast.

    - Bob -

    MPL's - Lincolns of Colorimage
    Central Valley Roosevelts

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