1950 Wheat Penny Value Guides (Rare Errors, “D”, “S” & No Mint Marks)

The value of the 1950 wheat penny in average condition is about 15 cents and in mint state is twenty dollars. 1950 was the first year after World War II that the US Mint made proof pennies. They made about fifty thousand of these coins due to their importance and have a value of about 250 dollars in PR65 condition.  Let’s get started with the 1950 Wheat Penny Value Guides (Rare Errors, “D”, “S” & No Mint Marks).

1950 Wheat Penny Features

  • Its mass is 3.11 grams and its diameter is 19.05mm
  • Its thickness sis 1.55 mm and its edge is smooth
  • it is made with 95 percent copper and five percent tin and zinc.

1950 Wheat Penny Front (Obverse)

1950 Wheat Penny Value Guides

The front side of this coin comes with a photo of the 16th USA president Abraham Lincoln. if there is a mint mark on coins like S, or D it will be added below the date 1950. If not have a mint mark means the coin is made at P mint. With that there the motto IN GOD WE TRUST is on the front side and the word LIBERTY is also added to the coin.

1950 Wheat Penny Back (Reverse):

The back side of these coins comes with two wheat stalks with the denomination ONE CENT on the reverse design and the Latin phrase E PLURIBUS UNUM which means Out of many, one. The back side design was changed in 1959 at the 150th Birthday of Lincoln. Two wheat stalks were replaced with Lincoln Memorial

1950 Wheat Penny Value Chart

1950 Mint Mark Value Good Fine XF Uncirculated
No Mark $0.01 $0.05 $0.35 $0.96 to $2.28
 D $0.01 $0.05 $0.22 $0.67 to $2.28
S $0.01 $0.05 $0.08 $0.96 to $2.28
1950 Wheat Penny Proof
$79

1950 Wheat Penny Value Chart

1950 No Mint Mark Wheat Penny Value

The 1950 wheat penny without a mint mark was made by P mint and there were 272,635,000 1950 wheat pennies minted. The 1950 wheat penny value is based on the condition for good condition, which has a value of about-face value or one cent. For fine conditions, the value is five times that of 5 cents. The value of a 1950 no-mint mark wheat penny for different grades is.

  • XF= 35 cent
  • Uncirculated = 0.96 to 2.28 dollars
  • Perfect condition= 4000 dollars
  • Circulated brown=$0.03 – $0.07
  • MS64 brown= 1 dollars
  • MS65 brown= $2.50 – $2.80
  • MS66 Brown= $8.00 to  $9.60
  • Red-Brown MS 63=  $0.35 – $15.00
  • Red-Brown MS 67 = $45.00 – $55.
  • Red MS 63 = $2.00 – $84
  • Red MS 67 = $800.00 to  $960
  • Red MS 67+ = $10,575 in auction 2020

1950 Wheat Penny (Proof) Value

The P mint made 51,386 1950 proofs coins. The value of these coins is different from regular coins.

Grade Price Range
Brown
PR 60 – PR 66 $23 – $60
PR 67 $200 – $230
Red-Brown
PR 60 – PR 66 $28 – $66
PR 67 $225 – $260
Red
PR 60 – PR 66 $32 – $75
PR 67 $260
PR 68 $1,100 – $1,265
Red CAM
PR 64 $65 – $78
PR 65 $110 – $132
PR 66 $275 – $325
PR 67 $800 – $920
PR 68 $3,500 – $4,025
Red DCAM
PR 64 $160 – $190
PR 65 $500 – $600
PR 66 $960 – $1,100
PR 67 $4,200 – $4,830
PR 68
$17,500 – $20,125

1950 D Wheat Penny Value

In 1950 the D mint made 334,950,000 Lincoln pennies. D mint made larger coin production. Mostly P mint made larger coins but 1950 pennies were larger number made by D mint. So 1950 D wheat pennies are common and larger numbers. The D mint mark on these coins is on the back side of the coins below the date 1950.

  • Circulated =0.22 dollars
  • Uncircualted= 0.44 to 0.96 dollars
  • MS65= 2.22 dollars
  •  D close to mint state= 15000 dollars
  • Circulated brown color= $0.02 to $0.07
  • Uncirculated Brown= 0.10 to $9.60
  • MS 67 brown =  $35 to $45
  • Red-Brown (Circulated)= $0.35 to $15
  • Red-Brown MS 67 = $45 to $55
  • Red MS 67 = $700.

History Of 1950 Wheat Penny

The 1950 wheat penny comes with a design made in 1909 when the Lincoln cent started to use circulation at the 100th birthday of Lincoln. Lincoln was the 16th president of the US and he took part in the US to Kepp US state together in the American Civil War in the 1860s. This coin was designed by Victor David Brenner and his initials were added on the lower part of the back side of the coin. The 1950 wheat penny was made five years after World War II ended. On the front side, there is a photo of Lincoln, and back side there are two wheat stalks on the back side for symbols of strength and prosperity. The new design of Lincoln pennies was made in 1959. The 1950 wheat pennies were made with the use of copper alloy. However, the composition changed during World War II to a thin layer of copper layer over still since the US required copper for war purposes.

1950 Wheat Penny Error List

1950 Denver Wheat Penny with Broad struck Error

This error occurs during the coin minting. The dies can be words or coins and can face many strikes. Details of coins lost in the minting process. The coin with this error sold for 28 dollars and 95 dollars.

1950 “D” Wheat Penny Struck On  Ten-Cent Planchet Error

The 1950 D wheat penny was created with an error where the penny stuck on a dime planchet. it occurs when different coins are mixed in the minting process. The 1950 D wheat penny with its error sold for 430 dollars.

1950 “S” Wheat Penny With Repunched Mint Mark Error

The 1950 S wheat penny with repunched mint mark error has a high value. In this error, the mint mark was repunched two times on the coin and made a doubling effect. The 1950 S wheat penny near perfect condition sold for 115 dollars.

1950 Denver Wheat Penny with Off-Center Strike Error

The 1950 D wheat penny was made with a twenty percent off-center strike which means coins were not accurately struck at the center in the minting process. This error caused the photo on the coins to have part of the planchet. The coins with error sold for 180 dollars. 60 percent off-center error coins 1950 sold at auction for 225 dollars.

Value of coins on basis of error

  • Broad Struck Error = $28 – $95
  • Struck On Ten-Cent Planchet Error = $430.00
  • Repunched Mint Mark Error = $115.00
  • Off-Center Strike Error (20% off-center) = $180.00
  • Off-Center  (60% off-center) = $225

Is a 1950s penny rare?

More than 700,000,000 1950 wheat pennies were made. So they are common coins but different errors on these coins make them rare and high value.

Which 1950 Pennies Are high value?

The most valuable 1950 pennies are.

  • DCAM PR 68 = $19,975
  • D RD MS 67+ = $15,275
  • S RD MS 68 = $10,800
  • RD MS 67+ = $10,575
  • CAM RD PR 68 = $6,600
  • RD PR 60 = $4,888
  • S BN MS NGC Genuine = $3,280
  • BN MS 60 = $1,380
  • RB PR 65 = $978
  • RB MS 63 = $489
  • D BN XF 45 = $432
  • S RD RPM MS 65 = $165
  • S S/S RD MS 66 = $145
  • DRBMS 67= $117
  • S RB MS 66 = $100
  • S Cleaned BN =  $29

How Much Is a 1950 Penny Worth with No Mintmark Worth?

Circulated 1950 minted coins in P mint do not have high value and can be bought for 0.03 dollars. For uncirculated condition, they have a value of about sixty dollars, and red coins have a value of about 1000 dollars

  • Circulated= $0.03
  • Uncirculated=  $60
  • Red coin= $1,000

Which Wheat Cents Are Most Valuable?

  • 1943 D Brown MS 64 = $840,750
  • 1943 S  Brown MS 63 =$504,000
  • 1943 P Brown MS 62 = $372,000
  • 1958  Red MS 64 = $336,000

What Makes 1950 Wheat Pennies Valuable?

The 1950 Lincoln penny is specifically preferred by collectors. These coins are of high value due to their rarity and the number of well-preserved coins makes them high-value.

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Faqs

How much is a 1950 wheat penny worth today?

For good condition, these coins have a value of about one cent and the find the condition is 5 cent. extremely find condition has a value of about 8 cents. The uncirculated condition 1950 S wheat penny has a value from 96 cents to $2.28.

How rare is a 1950’s penny?

it is easy to find circulated and uncirculated coins of 1950 S wheat penney and coins are in high rare condition for the highest mint state

What is a 1950-proof penny?

The 1950-proof set comes with low mintage-proof coins made from 1950 to 1958. This year was the first year when strong Camemo coins were made.

 

 

 

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