Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
15 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
I just found a 1945 wheathead penny. (Original Post) Brigid Aug 2014 OP
1 cent Tobin S. Aug 2014 #1
Possibly 15 cents (for poor) antiquie Aug 2014 #2
at least 15 cents Ino Aug 2014 #3
I wonder how many of the 266+ million are still floating around in circulation davidpdx Aug 2014 #5
It's been a very long time since I've found any Ino Aug 2014 #9
Everyone's been hoarding them since 1959 Art_from_Ark Aug 2014 #13
15 cents is way too optimistic Art_from_Ark Aug 2014 #12
I had a fishbowl full of wheat pennies a long time ago. femmocrat Aug 2014 #4
:D Great story! Sounds like a stand up comedy piece! C Moon Aug 2014 #14
Me too! trackfan Aug 2014 #6
I got about a dozen. edbermac Aug 2014 #7
I Have A '34 As Well, Sir The Magistrate Aug 2014 #8
Not much...I have quite a few... joeybee12 Aug 2014 #10
Proportionately less than when it was issued. malthaussen Aug 2014 #11
Two years too late DFW Aug 2014 #15

Tobin S.

(10,418 posts)
1. 1 cent
Sun Aug 17, 2014, 05:56 PM
Aug 2014

If you find a penny that old in circulation, chances are it is poor condition. Generally, wheat pennies are only worth more if they are in mint state condition. There are a few exceptions, of course, but I don't think that's the case with the coin you have.

Ino

(3,366 posts)
3. at least 15 cents
Sun Aug 17, 2014, 06:05 PM
Aug 2014

1945 D Wheat Penny

CoinTrackers.com has estimated the 1945 D Wheat Penny Value | CoinTrackers at a minimum of 15 cents, one in perfect condition can be worth $4 or more.


Type: Wheat Penny
Year: 1945
Mint Mark: D
Face Value: 0.01 USD
Total Produced: 266,268,000 [?]
Silver Content: 0%
Numismatic Value: 15 cents to $4
Value: As a rough estimate of this coins value you can assume this coin in poor condition will be valued at somewhere around 15 cents, while one in "perfect" condition can bring $4. This price does not reference any standard coin grading scale. So when we say poor, we mean worn more than would be expected from a coin in this age, and perfect meaning it looks "perfect" without flaw and possibly even certified.

http://cointrackers.com/coins/13599/1945-d-wheat-penny/

davidpdx

(22,000 posts)
5. I wonder how many of the 266+ million are still floating around in circulation
Sun Aug 17, 2014, 09:32 PM
Aug 2014

Probably not many.

Ino

(3,366 posts)
9. It's been a very long time since I've found any
Mon Aug 18, 2014, 12:14 PM
Aug 2014

Everyone is hoarding them, methinks! (I know I am)

Art_from_Ark

(27,247 posts)
13. Everyone's been hoarding them since 1959
Mon Aug 18, 2014, 10:47 PM
Aug 2014

when they were replaced with the Lincoln Memorial design. Wheat cents were hard to find in circulation even back in 1967, when I first started looking for them.

Art_from_Ark

(27,247 posts)
12. 15 cents is way too optimistic
Mon Aug 18, 2014, 10:44 PM
Aug 2014

Lots of coin dealers have bins of wheat pennies from the '40s and '50s that they sell for 7 cents each, sometimes less than that. A 1945-D in poor condition is going to be worth around 3 cents.

femmocrat

(28,394 posts)
4. I had a fishbowl full of wheat pennies a long time ago.
Sun Aug 17, 2014, 06:28 PM
Aug 2014

When I left home, my dad thought he was being helpful and rolled them up and took them to the bank. LOL

Wish I had them now!

The Magistrate

(95,255 posts)
8. I Have A '34 As Well, Sir
Mon Aug 18, 2014, 01:25 AM
Aug 2014

Found it a while back in amongst the change; use it for a scale indicator in photographs of very small modelling projects.

malthaussen

(17,216 posts)
11. Proportionately less than when it was issued.
Mon Aug 18, 2014, 01:01 PM
Aug 2014

I may exaggerate slightly, but figure five of them would buy you a bottle of coke in 1945, and I doubt you'd get that much for them now.

Or even better, a bottle of Pepsi. "Twice as much for a nickel too!"

-- Mal

DFW

(54,437 posts)
15. Two years too late
Wed Aug 20, 2014, 12:22 PM
Aug 2014

Because copper was needed for war materiel, the USA made cents out of steel in 1943. A very few planchets of the usual bronze alloy did get struck by mistake at all the mints in 1943, but most of them were caught and remelted. They are worth in the tens of thousands even in worn condition. Many people try to fake 1943 bronze cents by copper-plating the steel ones, but they don't get far. A simple magnet will tell you if the coin is steel or not.

As for common dates of wheat cents, dealers offer them by the bag of 5000 for under $300 including shipping, or less than 6¢ apiece.

Latest Discussions»The DU Lounge»I just found a 1945 wheat...