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About The 1942 S Wheat Penny
The wheat penny is a classic iconic early 21st century American coin with a face value of 1 cent that was minted from 1909 to 1956. On a personal note we just love searching penny rolls for wheat and indian head pennies. Wheat pennies are still readily found in circulation and because of the relative price of just $25. Get the best deals on Lincoln Wheat Penny 1942 Year US Coin Errors when you shop the largest online selection at eBay.com. Free shipping on many items Browse your favorite brands affordable prices.
Hi, Tammy -There was no silver, or steel, penny made in 1942. You either have a Mercury silver dime planchet that was accidentally struck by a Lincoln cent die or a regular copper 1942 cent that was plated in zinc, steel, silver, or another silvery metal by someone outside the Mint.
1942 S Wheat Penny Facts
The 1942 S Wheat Penny was minted in 1942 at the San Francisco California mint. In 1942 there were 85,590,000 1942 S pennies minted in all. Of course this figure doesn’t reflect the mint proofs that could have been minted that year at the San Francisco mint and only includes the amount of 1942 S Wheat Pennies that were poured into circulation.
How Many 1942 S Wheat Pennies Were Minted?
1942 S Amount Minted 85,590,000
How Much Is A 1942 S Wheat Penny Worth?
The 1942 S Wheat Penny is worth between .40 cents and $14.00 on average.
1942 Penny Value Ebay
This value is strictly based on the coins grade and desirability (amount minted) and doesn’t take current copper spot prices into account as these coins are made of 95% copper (except for the 1943 PS&D steel Wheat Penny) and copper prices are based upon the economy and the global stock market. This value is not iron clad, though the value of Wheat Pennies as a whole have slightly increased every single year by a small margin.
These days copper is all but considered a precious metal. And although the Wheat Penny is made of 95% copper, coin collectors don’t specifically value a coin based upon its make up, but rather its condition and overall desirability. The desirability can vary from coin to coin and is usually based upon the luster, overall condition, amount originally minted of that particular coin, year and mint mark. For instance, coins with a low mintage most often tend to be worth significantly more than others with a higher mintage.
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