RARE 1945 Wheat Pennies that are actually WORTH MONEY!!
TLDRIn this video, the focus is on the 1945 wheat penny and its various types, including error coins and high-grade specimens. The value of these pennies is determined by their condition and rarity, with a high-grade red wheat penny selling for over $4,000. Mint errors such as broad strikes, clipped planchets, and off-center strikes are highlighted, with some selling for impressive amounts like $675 for a double-struck flip over coin. Notably, a 1945 D mint mark penny in pristine condition sold for an astounding $14,000. The video also touches on other valuable wheat pennies from different years and the importance of coin grading in determining their worth.
Takeaways
- 🌟 The 1945 wheat penny with a high grade (MS67+) and red grade can be worth over $4,000 due to its pristine condition.
- 🔍 Collectors should look for different types of errors on 1945 wheat pennies, such as broad strikes and off-center strikes, which can increase their value.
- 💰 A broad struck 1945 wheat penny can sell for around $40, while one struck out of collar can go for nearly $70.
- 🏦 Mint errors like broad strikes combined with obverse brockage can significantly boost a penny's value, with one example selling for over $160.
- ✂️ Clipped planchets, especially ragged ones, are another type of error that can add value to a 1945 wheat penny, with one example selling for around $65.
- 📈 The 1945 D mint mark wheat penny with a high grade (MS68 red) is extremely rare and can sell for over $14,000.
- 🔄 Double strikes and flipped over color errors on 1945 wheat pennies are unique and can command high prices, with one example selling for nearly $400.
- 🌐 An elliptical clip error on a 1945 wheat penny, which is lighter than the standard weight, can sell for around $90.
- 🎯 Off-center strikes are valuable, with a 1945 wheat penny struck 30 off-center selling for over $140.
- 🤑 A 1945 wheat penny struck on the wrong planchet, such as a Netherlands East Indies half cent planchet, is a significant mint error and can sell for over $900.
Q & A
What makes a 1945 wheat penny valuable?
-A 1945 wheat penny is valuable due to its high grade, such as a Mint State 67 or higher, and its red grade, which indicates exceptional preservation and eye appeal.
What is the significance of a coin grading scale?
-The coin grading scale is used to assess the condition of a coin, ranging up to 70, with 70 representing perfect condition. The higher the grade, the more valuable the coin is likely to be.
What is a broad strike error on a coin?
-A broad strike error occurs when a coin is struck without the retaining collar, resulting in a coin with an irregular or 'broad' edge. This type of error can increase the coin's value.
What is an obverse brockage and how does it affect a coin's value?
-An obverse brockage is a minting error where the obverse (front) design is impressed on the coin a second time, often resulting in a doubled image. This error can make a coin more valuable due to its rarity and unique appearance.
What is a clipped planchet and how does it influence a coin's value?
-A clipped planchet is a coin blank that has been sheared irregularly, resulting in a coin with a ragged edge. This type of error can add to a coin's value, especially if it is combined with other errors or has a high grade.
Why is a 1945 D mint mark Lincoln cent with a high grade particularly valuable?
-A 1945 D mint mark Lincoln cent with a high grade (Mint State 68 red) is valuable because there are very few coins in such a high grade, making them rare and sought after by collectors.
What is a double strike error on a coin?
-A double strike error occurs when a coin is struck twice, resulting in a doubled design. This can happen on either the obverse or reverse, or both, and such errors are often considered valuable and collectible.
How much did a 1945 wheat penny with an elliptical clip sell for?
-A 1945 wheat penny with an elliptical clip, which is an error due to the coin's weight being below standard, sold for around ninety dollars.
What is the value of a 1945 wheat penny struck 15% off center with the D mint mark?
-A 1945 wheat penny struck 15% off center with the D mint mark sold for over 260 dollars due to the off-center strike, which is considered a minting error that adds to its collectible value.
What is the significance of a coin being struck on the wrong planchet?
-A coin being struck on the wrong planchet, such as a 1945 wheat penny struck on a Netherlands East Indies half cent planchet, is a significant minting error. This rarity and the unusual combination of designs can make the coin extremely valuable, with some examples selling for over four hundred dollars or more.
How can a re-punched mint mark affect the value of a coin?
-A re-punched mint mark, where there are two different impressions of the mint mark, is another type of minting error. This can make a coin more desirable to collectors and can increase its value, as collectors seek out unique and rare errors.
What is the price difference between a 1913 wheat penny in circulated condition and a high-grade version?
-A 1913 wheat penny in circulated condition, such as an Extra Fine 45, might sell for around 50 dollars, while a high-grade version, like a Mint State 66 red, can sell for over ten thousand dollars. This highlights the significant impact of a coin's condition on its value.
Outlines
🪙 High-Grade 1945 Wheat Penny Value and Errors
This paragraph discusses the value of a 1945 wheat penny based on its condition and the presence of minting errors. A high-grade med state 67+ red grade coin sold for over $4,000, while a broad struck coin fetched around $40. The video also covers a broad struck out of collar coin valued at $70, a mint error coin with an obverse brockage selling for over $160, and a ragged clipped planchet penny that sold for $65. The importance of coin grading and the distinction between red and brown pennies are emphasized, with a high-grade 1945 D mint mark penny selling for over $14,000.
🪙 Varied 1945 Wheat Penny Errors and Their Value
The paragraph delves into various minting errors found in 1945 wheat pennies and their respective values. A double-struck and flipped coin sold for nearly $400, while an elliptical clip penny weighed only 2.24 grams and sold for around $90. Off-center struck pennies, including a 30-off center graded at med state 62 red brown, sold for over $140. A particularly interesting coin struck on a Netherlands East Indies half cent planchet sold for over $430, and another example of this type, graded by NGC, sold for over $900. The paragraph also mentions a 1945 S mint mark coin struck 5% off center, selling for $50, and the value impact of re-punched mint marks.
🪙 Older Wheat Pennies: Rarity and High Grade Values
This paragraph shifts focus to older wheat pennies, specifically a 1913 D graded at extra fine 45, which sold for around $50, and a higher graded version at mint state 66 red, which sold for over $10,000. The contrast between a typical coin found in pocket change and a high-grade, valuable coin is highlighted. The paragraph also mentions a 1913 no mint mark coin graded AU 53, which sold for $35, and its higher graded counterpart selling for over $34,000, emphasizing the significant effect of coin grading on value.
Mindmap
Keywords
💡1945 Wheat Penny
💡Coin Grading
💡Mint Errors
💡Red and Brown Pennies
💡Broad Struck
💡Clipped Planchet
💡Off-Center Strike
💡Double Strike
💡Mint Mark
💡Re-Punched Mint Mark
💡Coin Collecting
Highlights
The 1945 wheat penny with a high grade med state 67 plus and red grade sold for over $4,000.
Broad strikes are an error type to look for on 1945 wheat pennies, with one example selling for $40.
A 1945 wheat penny broad struck out of collar sold for around $70.
A 1945 wheat penny with a broad strike and obverse brockage mint error sold for over $160.
Clipped planchets are another type of mint error to look for; a ragged clipped planchet 1945 wheat penny sold for $65.
A 1945 D mint mark wheat penny with a clipped planchet and med state 66 red grade sold for around $90.
The high grade of a 1945 D mint mark wheat penny, med state 68 red, resulted in a sale price of over $14,000.
Double strikes are an interesting error; a 1945 wheat penny with this error sold for nearly $400.
An elliptical clip 1945 wheat penny, underweight at 2.24 grams, sold for around $90.
Off-center strikes are valuable; a 1945 wheat penny struck 30 off-center sold for over $140.
A 1945 D mint mark wheat penny struck 15 off-center sold for over $260.
A 1945 wheat penny struck on a Netherlands East Indies half cent planchet sold for over $430 despite its circulated condition.
A 1945 wheat penny struck on a Netherlands East Indies half cent planchet and graded NGC MS 64 brown sold for over $900.
An over-struck 1945 wheat penny with both Netherlands East Indies and Lincoln cent designs sold for over $7,000.
A 1945 S mint mark wheat penny struck 5 percent off center sold for around $50.
A re-punched mint mark is a valuable error to look for on estimate mark coins; one example had two different S mint marks.
A 1913 D wheat penny graded extra fine 45 sold for around $50, while a higher graded version sold for over $10,000.
A 1913 no mint mark wheat penny graded AU 53 sold for around $35, but a higher graded version sold for over $34,000.
Transcripts
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