GITNUX MARKETDATA REPORT 2024

Statistics About The Most Valuable 1920 Wheat Penny Value

The most valuable 1920 wheat penny is worth around $5,000 in mint condition.

With sources from: thesprucecrafts.com, coinvalues.com, usacoinbook.com, coinstudy.com and many more

Statistic 1

The record for the most expensive wheat penny was set by a 1909-S VDB cent that was sold for $1,705,000 in 2012.

Statistic 2

In typical circulated condition, a 1920 wheat penny is worth between $0.35 - $1.

Statistic 3

Uncirculated 1920 wheat cents can be valued up to $42.

Statistic 4

An estimated 310,165,000 1920 wheat pennies were minted.

Statistic 5

1920 wheat pennies are made of 95% copper, 5% tin and zinc.

Statistic 6

A 1920 "S" wheat penny can value up to $75.

Statistic 7

A 1920 "D" wheat penny in uncirculated condition can sell for $100.

Statistic 8

There exists a 1920 Doubled Die Obverse, error penny with significant value. One of these in Extremely Fine-40 grade may sell for $500.

Statistic 9

Even though 1920 wheat pennies are not considered rare, their relative availability decreases in higher grades (better condition).

Statistic 10

A choice Brilliant Uncirculated MS-63RB from 1920 would cost around $75 to buy.

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In this post, we will explore the fascinating world of 1920 wheat pennies and their values in today’s market. From the most expensive wheat penny ever sold to the varying prices based on condition, mint marks, and potential errors, we will dive into the intricate details of collecting these historic coins. Whether you’re a seasoned numismatist or simply curious about coin collecting, join us as we uncover the intriguing statistics behind the 1920 wheat penny.

Statistic 1

"The record for the most expensive wheat penny was set by a 1909-S VDB cent that was sold for $1,705,000 in 2012."

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Statistic 2

"In typical circulated condition, a 1920 wheat penny is worth between $0.35 - $1."

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Statistic 3

"Uncirculated 1920 wheat cents can be valued up to $42."

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Statistic 4

"An estimated 310,165,000 1920 wheat pennies were minted."

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Statistic 5

"1920 wheat pennies are made of 95% copper, 5% tin and zinc."

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Statistic 6

"A 1920 "S" wheat penny can value up to $75."

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Statistic 7

"A 1920 "D" wheat penny in uncirculated condition can sell for $100."

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Statistic 8

"There exists a 1920 Doubled Die Obverse, error penny with significant value. One of these in Extremely Fine-40 grade may sell for $500."

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Statistic 9

"Even though 1920 wheat pennies are not considered rare, their relative availability decreases in higher grades (better condition)."

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Statistic 10

"A choice Brilliant Uncirculated MS-63RB from 1920 would cost around $75 to buy."

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Interpretation

In conclusion, the value of 1920 wheat pennies can vary greatly depending on their condition and mint mark. While most circulated 1920 pennies are worth between $0.35 - $1, uncirculated ones can fetch up to $42, with the "S" and "D" mint marks commanding even higher prices. Additionally, rare error varieties like the 1920 Doubled Die Obverse can be extremely valuable, highlighting the importance of thorough coin appraisal and knowledge in the numismatic world. Despite the relatively large mintage of 310,165,000 in 1920, finding these coins in high grades can still present a challenge, adding intrigue and excitement for collectors on the hunt for these historic pieces.

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