CoinTrackers.com has estimated the 1920 Wheat Penny value at an average of 35 cents, one in certified mint state (MS+) could be worth $75. (see details)...
Here's the rare doubled dies and repunched RPM mint marks to look for from 1920 through 1929. These coins can be very rare and these are the dates your need. Pricing the 1920 Lincoln Penny. When it comes to the value of a 1920 Lincoln penny, this is decided by both the type and grade of the coin. Being that most years saw 3 types of pennies minted, there will be plenty of different values given to pennies of the same grade.
Type:Wheat Penny
Year:1920
Mint Mark: No mint mark
Face Value: 0.01 USD
Total Produced: 310,165,000 [?]
Silver Content: 0%
Numismatic Value: 35 cents to $75.00
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 35 cents, while one in certified mint state (MS+) condition could bring as much as $75 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1920, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: The 1920 Wheat Penny may have the following errors; Lamination errors - the outer layer of the coin may be flaked off or have cracks. Off-center strikes - die strike is off center. Argentina Planchets (just 15 known) - its a 1920 wheat cent struck on a foreign Argentina 10 centavos planchet. Will look super worn. Check google for images. Coin is a copper nickel alloy.
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**When we say that 310,165,000, of these coins were produced or minted in 1920 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
We use user submitted pictures please read that article if you are interested in adding your own.
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