Last Updated on August 23, 2022
The 1952 penny or the Wheat penny is one of the most popular pennies. The penny holds a special place in US history and mintage. The value of this coin may not be a lot due to high availability as the coins were minted in millions.
If you are a coin collector or you are someone who possesses 1952 quarter and you want to know more about the coin then you have come to right place.
How Much Is 1952 Wheat Penny Worth?
In good condition this penny has a valuation of around $ 0.05. However if you have this coin in excellent or extremely fine condition then you can get around $0.17 or more if you sell it to the right buyer.
The 1952 wheat penny that has been graded the category of MS60 can get somewhere from $2 to $4. The value is greater for coins that are grade MS65.
The mintmark also effects the price of the coin. One with the S mint mark means that the coin was minted at the San Francisco mint and is worth around $0.08 to $0.10. This same coin can also get you $5 if you have one in uncirculated condition.
The D mintmark on the 1952 penny represents that it was minted at the Denver mint. It is slightly less valuable than the 1952 wheat penny with S mint mark on it.
If you have one of these coins make sure to take good care of them. If you don’t get a good offer today, you will get many good offers tomorrow.
|Coin||Good||Very Good/Fine||Extremely fine||MS60||MS63||Proof Coins|
|1952 S Penny||$0.08||$0.10||$1||$2.5||$4||–|
|1952 D Penny||–||$$0.7||$0.7||$2||$4||–|
Why Is The Proof Coin So Valuable?
The short answer to this question is that they are usually available in the best condition possible. Proof coins are minted as a trial for the actual currency and the mint machinery isn’t small and you can’t just operate it to make one coin.
That is why thousands of coins are produced and send to different people for approval. Once the design on the proof coin is approved and they see that there are no mistakes on the coin, they move ahead with printing the real coins.
The reason that proof coins are so valuable is that they are available in short amount and they are not circulated in the market which means that majority of them can still be found in good condition. Not to mention the low number of coins available make it a rare item.
What Are The Features of 1952 Penny?
Wheat pennies are a little different than other forms of pennies. Like most other pennies, this penny also has President Abraham Lincoln’s portrait on the front side of the coin.
It also has the engraving on top of the coin that says “In God We Trust”. Like almost all other pennies you get to see the year 1952 on the right side and the word liberty written on the left side of the portrait.
America’s motto along with the denomination is mentioned on the back of the coin. One thing different from other pennies is that it also has wheat stalks engraved on the back.
Is 1952 Penny Made Out of Silver?
No, the 1952 penny is not made out of silver. Instead, the penny is made from a composition of copper, zinc, and tin. That is why the pennies are very dark in color.
1952 contains a mixture of zinc and tin however that is just 5% of the total composition. Copper cover the major part of this coin’s composition at 95%.
Check the penny thoroughly when you are out there to buy it. In addition, get it from a trusted vendor.
There are many counterfeits in the market, so there are chances you can get your hands on one too.
Is It Worth Investing in 1952 Penny?
Yes, the 1952 penny may not have any value today, but with time, the value will surely increase. The more the coins will become rare, the value will see a boost. So make sure to get your hands when it is not worth much to enjoy a higher profit.
It is always worth investing in old coins if they are in the best condition. That way, many collectors will contact you to get the coin. However, hold the coin for a good time so the value can appreciate.