The 1917 wheat pennies have value as numismatic coins. Keep reading to learn more about these one cent coins.
Specifications
Type: Wheat Penny
Year: 1917
Face Value: $0.01
Composition: 95% copper, 5% tin and zinc
Total Weight: 3.11 grams
The US minted the 1917 wheat penny with no mint mark and also the 1917 D wheat penny and 1917 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 |
|---|---|---|
| 1917 | Philadelphia | 196,429,785 |
| 1917 D | Denver | 55,120,000 |
| 1917 S | San Francisco | 32,620,000 |
Value
The 1917 wheat penny with no mint mark is worth around $0.50 in good condition. In very fine condition the value is around $2. In extremely fine condition the value is around $5. In uncirculated condition the price is around $20 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $35.
The 1917 D wheat penny is worth around $1.15 in good condition. In very fine condition the value is around $5. In extremely fine condition the value is around $50. In uncirculated condition the price is around $80 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $145.
The 1917 S wheat penny is worth around $1.15 in good condition. In very fine condition the value is around $2.50. In extremely fine condition the value is around $15. In uncirculated condition the price is around $85 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $165.
Doubled Die Error Coins
There is a notable error variety for the 1917 wheat penny with no mint mark. On the obverse side of the coin the design elements are minted twice onto the coin.
The 1917 wheat penny doubled die error coin is worth around $155 in good condition. In very fine condition the value is around $400. In extremely fine condition the value is around $1,250. In uncirculated condition the price is around $3,500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $7,500.
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.
Sources:
The Red Book
See also: