![]() The finest examples to have been graded by the PCGS are again MS67+. An example graded MS60 is valued at $2, increasing to $25 at MS65. You can get your hands on an attractive red, mint state coin for only a few dollars too. Unless there’s an interesting error, a circulated 1955 Denver penny won’t be worth more than a few cents. ![]() In circulated condition, then, values are about the same as for Philadelphia coins. A vast number of coins have the same pedigree: well over half a billion were struck there that year. If your 1955 Wheat penny has a small “D” below the date, it was minted in Denver. 1955 D Wheat Penny Value Image: usacoinbook To date, nine coins of this quality have been graded, and they’re each valued at $1,750. The finest examples to have been graded by independent coin assessors the PCGS are rated MS67+. That increases to $9 at MS63 and $25 at MS65. A 1955 Philadelphia Wheat penny designated red and graded MS60 is valued at around $3. Uncirculated coins are known as “mint state” and graded from 60 to 70, with 70 being a flawless example. Exactly how much more depends on their condition and quality. Pennies in circulated condition are usually worth little more than their face value.īut those graded red and in uncirculated condition can be worth considerably more. So even more than 60 years later, they’re not particularly rare. Over 33 million Wheat pennies were struck in Philly in 1955. But if your penny was minted in Philadelphia, it won’t have a mint mark. That’s a small letter indicating the location of the mint facility where they were struck. Some 1955 Wheat pennies have what’s known as a mint mark. *Values shown are for coins graded red (RD).ġ955 Wheat Penny Values and Varieties Guides 1955 (P) No Mint Mark Wheat Penny Value ![]() Composition: 95% copper, 5% tin and zinc.Mints: Philadelphia, Denver, San Francisco.So if you’re ready to find out more, step this way! 1955 Wheat Penny Details And we’ll find out what separates a run-of-the-mill coin from something truly special. We’re going to investigate the 1955 Wheat penny value across its different varieties. 1955 Wheat Penny Values and Varieties Guides.ET to learn from money masters how you can increase your earning power. Want to earn more and work less? Register for the free CNBC Make It: Your Money virtual event on Dec. Auctioneers, like Stack's Bowers, will let collectors all over the world know that your coin is up for sale - you just wait to see what kind of bids it receives.Įven if you don't have this particular 1983 penny, you may have one of several other pennies worth up to $200,000.Ĭorrection: This story has been updated to reflect the correct spelling of James McCartney's name. ![]() Once your coin has been authenticated and graded, it's ready to be put up for auction. "Collectors want their coins 'original,' which means they don't have any surface impairments and show no signs of cleaning or damage," he explains. While many beginners tend to believe that a coin is worth more if it's brighter and shinier, the opposite is true for most coins, McCartney says. "A coin is generally going to be more valuable if it's higher grade," McCartney says.Īnd take note: Experts advise against cleaning any coins you believe may be rare and want to sell. A grading of one means the coin is worn to the point of barely being recognizable, while a 70 means the coin is nearly perfect and looks like it was just created. Serious collectors want all of their coins to be authenticated and graded by a third party that has certified their value, McCartney says.Ĭoins are typically graded on a scale of one to 70. You should also send your coin to a rare coin authentication and grading company, such as Numismatic Guaranty Company or Professional Coin Grading Service, to be independently evaluated. "In general, the internet has a lot of misinformation about coin prices," he says. If you're lucky enough to find this rare penny or have another coin you think may be valuable, start by contacting a reputable coin dealer or auction firm rather than relying solely on information found on Google, McCartney says. ![]()
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