1945 Penny Value: See What 1945 Wheat Pennies Are Worth & What Makes These Wheat Cents Unique WWII Collectibles

This post may contain affiliate links. If you buy thru these links, we may earn a commission at no additional cost to you.


Did a 1945 penny turn up in your pocket change and now you want to know what this old Lincoln wheat cent is worth?

1945 penny value guide - 1945 wheat penny values

There are many 1945 pennies floating around in circulation, and from time to time they wind up in the hands of a coin collector. But what’s the value of a 1945 wheat penny today?

You’ll be glad to know that if you have a 1945 penny, it’s certainly worth more than 1 cent!

Today’s 1945 Penny Value

While 1945 pennies are not rare coins, they’re nevertheless worth more than face value (or 1 cent) — because they’re made from valuable copper.

Also, since these old pennies are now considered obsolete coins, they have some extra numismatic value as well

Here’s a rundown on 1945 penny values and mintage figures for the different 1945 pennies — so you can see how many were made:

  • 1945 penny (no mintmark, made in Philadelphia) — 1,040,515,000 minted; worth 2 to 5+ cents
  • 1945-D penny (struck in Denver) — 266,268,000 minted; worth 3 to 5+ cents
  • 1945-S penny (produced in San Francisco) — 181,770,000 minted; worth 5 to 10+ cents

*1945 penny values are for examples with average circulation wear and with no damage — such as holes, bends, or signs of cleaning. Uncirculated 1945 pennies are worth more. 

What Makes 1945 Pennies So Unique?

There’s some special history behind every 1945 penny you hold.

Not only were 1945 pennies made during World War II, but also every single 1945 Lincoln cent contains bits of recovered ammunition shells that were used in training United States military soldiers.

These so-called shell case cents (or shell case pennies) were struck from 1944 through 1946. They were the answer to replacing 1943 steel pennies, which weren’t very popular with the public — because they rusted quickly and were often confused with dimes.

The shell case penny is made from an alloy that is 95% copper and 5% zinc.

A worn shell case penny looks virtually the same as a circulated penny made from the then-regular bronze alloy (95% copper and 5% tin and zinc). However, a skilled Lincoln cent collector may see a slight difference in the color of uncirculated shell case pennies and “regular” bronze pennies.

An uncirculated shell case penny appears a little darker than an ordinary bronze Lincoln cent.

Shell case pennies are definitely historic relics of World War II, but they are quite common in all grades up to at least Mint State-65.

IMPORTANT: Do You Know The Grade Of Your Penny?

To determine the true value of your 1945 penny, you first need to know what condition (or grade) your coin is in.

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:


More About The 1945 Wheat Penny

In addition to the links I’ve included above, here are some other resources to help you understand 1945 wheat penny values:

Don’t miss our latest tips!

Stay up to date with everything about U.S Coins

We don’t spam! Read more in our privacy policy

27 thoughts on “1945 Penny Value: See What 1945 Wheat Pennies Are Worth & What Makes These Wheat Cents Unique WWII Collectibles”

    • Hi, Maggie —

      This guide above tells you the market value of a 1945 wheat penny, so please refer to that for values on your coin! As for if it’s mint or not, that depends on if your coin has any wear. If you’d kindly submit clear photos of your coin I could help you further.

      Thanks!
      Josh

      Reply
  1. Hi Josh,

    If i send you a picture of my 1945 Wheat penny can you help me with value and give me any information about it possible.

    Thank You,

    Sonja

    Reply
    • Hi, Sonja —

      Yes, I’d be happy to help you; please upload clear images of your 1945 penny here and I’ll give you my opinion on it!

      Thank you,
      Josh

      Reply
      • Hi Josh please let me know if you got the pictures of the queen so I can get any information you can give me also if you want you can text me at 518-268-9648 I could probably send the pictures better that way but let me know thank you so much

        Reply
        • Hi, Sonja —

          I’m afraid I don’t see any of the new photos here anywhere and they will need to be submitted here in the comments forum for me to help… How are the images formatted? If they are in JPG format and less than 2MB in data size they should be able to upload when you choose the image upload feature, which should appear as a tiny rectangular box by the comment field.

          Hope this helps!
          Josh

          Reply
          • Josh here’s my phone number that you can text me if you can’t see the pictures well enough.

            I don’t know if you think that’s unprofessional but I mean is businesses.
            by no means me getting you my phone number would be other than business I’m not that type of person.

            518-268-9648 .

            so just let me know thanks Sonja

          • Hi, Sonja,

            While I want to help I can assist only through this forum; if you can kindly try again loading the images through here using JPG photos that are of 2 MB size or smaller those should work! 🙂

            Thank you!
            Josh

    • Hi, Kim —

      What you have here is a genuine 1945 Lincoln penny that was counterstamped with the “75” after the coin left the Mint. While there appear to be no clues here telling us exactly who punched the “75” onto the coin or why, such stampings were commonly done by private individuals, organizations, and merchants in conjunction with balloting, promotions, and giveaways.

      These types of coins are called novelty coins, and vintage coins with markings like these are collected by many. The value for a piece like this is around $1 or $2. But if we knew the reason this coin was stamped or who did it, the value could be much higher.

      Interesting find! Thank you for reaching out…

      Best wishes,
      Josh

      Reply
      • Thank you for the information. I wish he was here to tell me about it. We will keep it in the family knowing that it is a piece of history.

        Reply
  2. I have a 1945 Lincoln D wheat Penny the 1945 is printed on there twice and where it says in God we trust between the We and the trust It looks like trust was been printed on there twice I was just wondering if you could tell me if this penny was worth anything

    Reply
    • Hi, DJ —

      I’d be glad to offer my insight but would need to first see clear images of your coin to see what’s going on. Images can be posted with your reply comment below.

      Thank you,
      Josh

      Reply

Leave a Comment