What Is A 1922 Wheat Back Penny Worth?

a-coin-question.jpgMary writes:

I have 1992 pennie it has a leave with a 3 inside the leave. I was wondering if it is worth anything?”

Answer below…

 

Very few wheaties (wheat back pennies) have much value, however a variety of the 1922 happens to be one that does.

Here’s how to determine if your 1922 penny is worth 4 cents or 400 dollars.

That year the mint used 3 die pairs for the mint mark that had been totally worn out. As a result the 1st and 3rd dies produced what is called “weak D’s” because the D mint mark on them was very weak and hard to see. A 1922 weak D penny is worth about $35 -$50 depending on the grade of the coin.

Now… die no. 2 was so worn out it produced 1922 pennies with no D at all. Collectors call this a “1922 plain” and it is worth quite a bit more, anywhere from $300 – $1,000 again depending on the grade of the coin. The regular 1922 D is worth about $10 and you should be able to see the D clearly and without a magnifying tool.

So to sum this up… 1922 D $10.00 / 1922 “weak D” $35.00 – $50.00 / 1922 “plain D” $300.00 – $1,000.

The “weak D” varieties you will usually need a magnifier to see. You might see or feel a small bump where the mint mark should be (right under the date).

Hope this post helps some of you.

 

Updated Value: 2/15/2010

The value of the popular 1922 plain cent keeps rising!

According to the Professional Coin Grading Service (PCGS), a 1922 Lincoln penny without the D mintmark is now worth about $725 in the grade of good and over $12,000 if uncirculated.

Talk about a pretty penny…

Jay

I have been collecting and trading coins for years. Coin collecting is a hobby for me, and I've done a lot of research about coins through the years.

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  • Badgertagger

    I recently bought a 3 1/4 lb lot of “unsearched” wheat pennies on EBAY. Much to my surprise it was TRUELY unsearched! In the lot was a 1909 S VDB(VF), 1909 S(F),3 1909 VDB’s, 1931 S(XF), 1924 D(XF), 1911 S(F), 1910 S(F), 1912 S(F), 1913 S(VG), 1922 D(XF), 1922 weak D and what i’m almost cetain is a 1922 no D!!! I paid $21.00 for the lot + shipping! How bout that for a great(lucky) deal!! My question is what is this worth? I just started collecting 6 months ago.

    • Anonymous

      Wow! What an incredible find. The coins you mention, if all authentic, undamaged, and graded accurately, the lot you have is worth at least $2,000 — if the 1922 cent you think might be a no-D is indeed a 1922 plain cent. If you have all the coins EXCEPT the 1922 plain penny, your set is still worth at least $1,300 or so. Congrats!

  • Anonymous

    I have a 1943 steel penny with a very weak S mint mark. It looks like a blob under weak magnification, but viewed with a microscope it is clearly an S. Is this variety of the 1943-S noteworthy?

    • Anonymous

      Steve,

      It might be the S is blob-like because of machine doubling. This doesn’t usually hold much, if any, of a premium over normal values.

  • Rickfuentes36

    I have a 1924 penny that I can pick up with a magnet I did a search and was told there were only a few made what is it worth or how rare is it

  • http://www.facebook.com/dougnjoretta.williams Joretta Williams

    i found a 1922 penny and you cdan bearly feel the d mint

    • JoshuaTheFunTimesGuide

      Hi, Joretta -

      There are a few varieties of the 1922 Lincoln cent; if you can post a pic, it can help us determine with a little more certainty what its value may be. Thanks!

  • http://www.facebook.com/richard.borel.96 Richard Borel

    I have a 1922 wheat penny plain with no D. Condition is poor, see pics below. I had an offer for $450 but cannot believe its worth more than 1 cent. Any Idea what this penny is really worth?

    • JoshuaTheFunTimesGuide

      Richard -

      From every indication I can see in your photos, your coin is indeed worth at least a couple hundred dollars if not more, since your coin appears to be a 1922 plain cent. I can tell this because the second “2″ in the date is stronger than the first, the lettering on the obverse is fairly weak, and the reverse is very strong.

      Here’s some more info on the 1922 plain cent: http://coins.thefuntimesguide.com/2009/12/1922_cent.php

  • Robin g currence

    what is the value of a 1927 wheat penny no mint mark

    • JoshuaTheFunTimesGuide

      Hi, Robin -

      A 1927 Lincoln cent in typical, well-worn condition is worth about 10 cents.

  • Victor

    Hi. Im hoping you can give me information about my 1922 penny. Is this considered a faded or weak D or is it a 1922 plain? Please let me know the value of each.

    • JoshuaTheFunTimesGuide

      Victor,

      I would classify that as a 1922 weak D penny, given the strength of the first “2″ in the date and the degree of fade in the mintmark. Such pieces are worth around $15 to $20.