1941 Penny Value: How Much Are 1941 Pennies Worth? And What Makes 1941 Wheat Pennies So Special?

Photo of author

By Joshua

Did you find a 1941 penny in your pocket change?

You’re probably curious what the current 1941 penny value is.

If you want to find out how much 1941 wheat pennies are worth, you’ve come to the right place!

In this article, you will find out:

  • How many 1941 pennies were made
  • Differences between Large Mintmark vs. Small Mintmark 1941 pennies
  • How much a 1941 Lincoln cent is worth today

, and whether you should keep them or spend them…

Interesting 1941 Penny Facts

It’s fairly easy to find 1941 wheat pennies in circulation these days.

More than 1 billion 1941 cents were made. So even today — many decades after they were minted — the 1941 penny still turns up in pocket change.

However, it’s getting scarcer to find old coins like these in circulation as the years go on.

Most 1941 Lincoln cents are pretty well worn and, because so many were made, these heavily circulated pennies aren’t considered very scarce.

In other words, if you have a well-circulated 1941 penny, it’s not really worth very much money. However, that doesn’t mean it’s not valuable or worth keeping.

But, unless you find a 1941 penny with a significant error or other unusual characteristic, it’s not going to pay the mortgage off or take care of your child’s college tuition!

So, is there anything that makes the 1941 wheat penny special? Yes!

These things make 1941 wheat pennies unique:

  • American history buffs will recall that 1941 pennies were made when the United States entered into World War II.
  • Those who were born in 1941 might consider pennies from that year particularly special as a birth-year coin.
  • Many Lincoln cent coin holders often begin with the 1941 penny due largely to the space constraints that come with most 3-panel cardboard coin folders and coin albums.

There is one more thing that makes 1941 penniesunique”…

How Much Is A 1941 Penny Worth?

The 1941 penny is considered a common coin in all but the higher uncirculated grades.

Therefore, most worn 1941 Lincoln wheat pennies are worth only a few cents above face value.

Hobbyists have discovered that the 1941-S Lincoln cent was struck with an “S” mintmark in 2 different sizes with the following diagnostics:

  • 1941-S Large Mintmark pennies –The serifed ends of the large mintmark point toward the inside of the “S” mintmark.
  • 1941-S Small Mintmark pennies — The small mintmark exhibits thicker serifs that point away from the “S”

Neither the 1941-S Large Mintmark nor 1941-S Small Mintmark Lincoln wheat cent is considered particularly scarce, and they are worth approximately the same as each other. That’s why the 1941-S Lincoln cent is listed below among the coin values as a single entry.

Here are values and mintages for the different types of 1941 pennies:

TypeMintageValue
1941 Lincoln penny (no mintmark)887,018,0005 to 10+ cents
1941 Proof Lincoln penny (no mintmark)21,100$40+
1941-D Lincoln penny128,700,0005 to 10+ cents
1941-S Lincoln penny92,360,0005 to 10+ cents
*Values above are for 1941 pennies in average circulated condition unless otherwise noted. 

IMPORTANT: What Is The Grade Of Your 1941 Penny?

In order to determine the true value of your 1941 Lincoln cent, you first need to know what condition (or grade) your coin is in.

So, first grab a coin magnifier and a copy of the U.S. Coin Grading Standards book. Then, watch this video to see how to grade coins yourself at home:

These are the best coin grading apps that make grading coins yourself even easier!

More About Today’s 1941 Penny Value

In addition to the links I’ve included above, here are some other resources to help you learn more about your 1941 pennies: