The year 1942 became memorable for the world which put the world into a devastating period of human history, as the Second World War began impacting everyone’s life. This has left a significant impact on American Money and numerous coins in various forms are minted during the year. During the world war when the people faced severe military conflict, many coins were cast with copper making it unique of all time. One of them is 1942 wheat penny that is dedicated to American Former president Abraham Lincoln on his 100th birthday.
What are these pennies worth today, if you have the one, this might be the most intriguing question.
So, let’s explore 1942 Penny Value with Us.
The Historical Context of the 1942 Wheat Penny
During the Second World War the the country had an immense need of Nickel and Copeer and was largely diverted for military use which means the country is seeking a substitute material for minting coins. for minting coins. Numerous dimes, quarters, Half Dollars, and Dollars were composite of 90% Silver and 10% copper until 1965 so the War didn’t affect their metal composition. In December 1941 when the Peral Harbour was attacked compelling US to jump into World War II. During the war the country’s industry produced ammunition, tanks, and airplanes for military use consuming all the metals of the country.
Suddenly copper has become an indispensable source for minting coins giving birth to the Lincoln Wheat Penny.
1942 Wheat Penny Design and Features
Despite having historical value, the coin Lincon Wheat Peny series has been famous and most widely circulated since 1909. The coin doesn’t hold its original look rather it was minted to conserve copper for military use.
The front side of the 1942 Penny, is unique and recognisable. It was minted with the picture of Abraham Lincoln and was created by a famous American Sculptor Victor David Brenner
The reverse side of the 1942 Wheat Penny has an iconic Wheat Ears design, which gives it a different recognition from other coins. The reverse side was inscribed “ONE CENT” “UNITED STATES OF AMERICA,” and the national motto “E PLURIBUS UNUM”.
Specifications of the Wheat Penny
| Composition | 95% copper, 5% tin and zinc |
| Weight | 3.11 grams |
| Diameter | 19.05 mm |
| Edge | Plain (smooth without any markings) |
1942 Wheat Penny Value
The worth value of 1942 Wheat Penny depends upon the condition of the coins and the minting value of the coin. 1942 Wheat Penny is not very expensive due to its high quantity of mintage.
- Base Value of 1942 Coin
| Philadelphia Mint | 3 to 10 cents |
| Denver Mint | 5 to 15 cents |
| San Fransico Mint | 5 to 20 cents |
- Uncirculated or Mint State 1942 Value
1942 pennies’ value may differ in uncirculated condition, i.e., instances come when their original shine and clear details vanis penny remain uncirculated. Here is what
| Mint-State 60 (MS-60) | $1 to $3 |
| Mint-State 65 (MS-65, Gem Uncirculated) | $10 to $20 or more |
These pennies are still invaluable and have a fat worth value.
