1940 penny worth is detailed on the graph in distinctive categories. Of first importance is Date and Mint mark variety.

Mint marks identify the branch mint highlight the coin. Different values space attached depending upon mint.

You are watching: How much is a 1940 penny worth

Condition is following evaluated. A process of separating the lower problem coins find 1940 wheat pennies precious a premium over typical quality coins.

Mint Mark and Grading condition are explored in-depth following value chart.


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Steps bring about Value:

Step 1: Date and Mintmark variety – identify each date and also its mintmark variety. Manufacturing totals vary and result in availability of each variety. Step 2: Grading condition – Judge condition to determine grade.Step 3: Special qualities – particular elements either improve or detract from value.
1940 Lincoln coin ValueCondition the CoinDateGoodFineExtremelyFineUncirculated
1940 Lincoln Penny worth Up-Dated2021
1940$0.02 $0.04 $0.05 $1.48
1940 D$0.02 $0.04 $0.05 $2.84
1940 S$0.03 $0.04 $0.13 $2.44

First action in the value process is identify the correct range of 1940 penny.

Confirm date and mint combination. Photos pinpoint place of mint marks and also descriptions to mark differences.

An extr step the Grading problem is preformed to small the worth of every variety.

Stages the wear are imaged and also used to complement your coin to a standard. Subtle details space described. Very first impressions space important. Irradiate wear top top the coin with ample detail remaining conveniently spots a premium wheat penny.

Begin by separating day | Mint mark variety.

Step 1: | Date and also Mintmark Combination

1940 Lincoln Cent Mintmark Varieties

Three arrays of cent were struck in 1940. The decade began with large qualities the pennies created in the year, end 781,000,000 together reported in mint records. Identifying selection finds differences in 1940 coin value.

1940 Lincoln Penny

No Mintmark Under Date: Philadelphia Mint win the Coin


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1940 manufacturing of cent at Philadelphia is sixth highest of any wheat cent year. 586,825,872 to win (calendar year documents mint report). Rarity scale is Abundant. Circulated examples dominate existing coins remaining. Lightly worn coins space in demand by young collectors beginning collections.

1940 pennies, in any condition without noticeable marks room favored. A absence of dents come the rim and also prominent areas - Lincoln"s portrait - room coins solid in ~ a grade.

1940-D Lincoln Penny

"D" Mintmark Under Date: Denver Mint to win the Coin


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Denver win the fewest of the three ranges of 1940 wheat pennies. Higher value is listed with coins easy circulated and far better condition.

these old pennies tend to accumulate debris in ~ the lettering and also date areas, a satisfaction coin is noted as having tiny buildup or problems.

1940-S Lincoln Penny

"S" Mintmark Under Date: mountain Francisco Mint win the Coin


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Rarity scale: Abundant. Mountain Francisco mint to win 112,940,000 cents in 1940. 10th highest possible "S" mint full of the whole wheat coin series. Popular of pennies and also "S" mint instances supports value.

Large offers are accessible to collectors. These are inspected for quality. Also coloring that a irradiate tan come brown room a favorite. Spots and areas the darkness detract native eye appeal and are discounted.

Step 2: | Judge condition to identify Grade

Judge Condition and also 1940 coin Value

Grading judges quantity of wear appearing on a coin"s surface. A set of traditional Grades defines the step of condition. Collectors use qualities in the value procedure and are detailed on the charts.

Handel your coins by the edges avoiding touching the surface. Copper picks up and reacts to most substances. From this allude on conservation maintains value.


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Uncirculated Grade: Collectors place a steady demand on Mint State - uncirculated 1940 wheat pennies. Every is inspected carefully confirming no wear to the surface. A coin without wear is given a great of uncirculated condition.

High relief locations are judged first. Luster, a well texture, the an outcome of the striking process covers the surface and also imparts the shine of a new coin. Lincoln"s cheek just below the eye is located centrally and also prone to very first signs the wear. Judge the cheek as it extends towards the ear, no dulling and smoothness is necessary to accomplish mint state status.

Eye appeal of the 1940 penny instance is high since of its original freshly produced color and luster. Although subjective, a lustrous coin is well-known with collectors and also awarded premium value. Keep in mind the fields of the coin are totally free of spots and any distracting marks.


Extremely good Grade: v a light amount that wear evenly spread over the surface, a wheat cent is graded very Fine condition. Wear should not reason any major design facets to connect. Hair curls and facial functions remain fine rounded and also raised.

Viewing Lincoln"s cheek, the area just listed below his eye is slightly flattened. Also, a little area is just showing wear in former of the ear, but is fine rounded. Between his cheek and also ear remains a slight depression, undertake is confined to the high areas.

Light brown toning consist of the example wheat cent. No huge marks distract the eye. A couple of tiny spots are noted in the field in former of Lincoln. Legends and date room sharp and also well defined. A nice instance of the incredibly fine grade.


Fine Grade: moderate wear has diminished high points of architecture to remarkable flat areas on a wheat cent in well grade. Lincoln"s hair has combined in areas just above the ear and also his coat shows vast flatness follow me the lapel.

Just in former of Lincoln"s ear is a planarization area that currently connects come the smooth cheek below the eye. A once rounded file to his cheek in currently a wide flat area. A heavy grade well example present a separation that cheek and also jaw.

Strong details staying in the hair curls, bow-tie, and also coat include to the all at once nice "look" of the example wheat cent. A young collector would think about the coin as part of a collection.


Good Grade: hefty wear extending the entire central portion that a wheat cent locations it in the great grade. Lincoln"s hair is now greatly flat, coat is lacking information along the ago and shoulder, and also facial features are one smooth plane.

Roundness and height come Lincoln"s cheek is flat and an unified with his ear. Any type of depression separating the 2 is gone. Undertake has likewise connected the majority of architecture to his jaw.

Improving the example coin"s marketability is the nice also toning. Light brown color indicates a well-preserved coin as soon as it was eliminated from circulation. Lincoln"s portrait continues to be bold and fields lack any big marks. Regardless of heavy wear, a pleasing instance of a an excellent grade cent.


Video | Grading Lincoln Wheat Pennies

Grading Lincoln Wheat Pennies covers extr points in greater information when evaluate condition. Both the obverse and reverse of these wheat pennies have actually many locations to research to assist establish and confirm a grade. Once grading is finish you space in a place to realize true market value.

Step 3: | Special features Enhancing Value

Safe Coin storage Protects Future Value

One that the factors aiding in the popular of wheat cents is your availability. Billions to be produced and also millions to be saved. Beginning collectors space attracted come the series because that easy spending plan requirements assembling circulated sets. Very nice is prolonged to advanced collectors seeking elusive mint state instances in height condition.


Every wheat cent shows the level the preservation kept by exactly how they were stored over the years. Original bright copper remains brilliant ~ decades and also nice vintage toning is attractive. Protected from taking care of results in maintaining coins appealing.


Left exposed, reactions with their surroundings leaves unappealing surfaces. Uneven coloring is distracting and the environment-friendly verdigris is ruining the surface. Both avoidable.


Any wheat cent worth over minimum worth of a couple of cents is defended by separating individually. Amounts of average, minimum value examples, are well maintained by save in coin tubes. Each are special made for the hobby to safely store coins. A 2x2 Saflip (two pockets different coin from label) and HE Harris coin tube space pictured. The article: giving Safe Coin warehouse explores in better detail.

References

US Mint. 1941 us Mint annual Report https://nnp.wustl.edu/library/publisherdetail/51Federal trade Commission. Investing in Collectible Coins. https://www.consumer.ftc.gov/articles/0136-investing-collectible-coins

Coin values | hunterriverpei.com Articles


Date by DateIn Depth Lincoln coin ValueEarly Era 1909 to 1933


1909

1915

1921

1927

1910

1916

1922

1928

1911

1917

1923

1929

1912

1918

1924

1930

1913

1919

1925

1931

1914

1920

1926

1932

1933


Date by DateIn Depth Lincoln coin ValueSecond Era 1934 come 1958


1934

1940

1946

1952

1935

1941

1947

1953

1936

1942

1948

1954

1937

1943

1949

1955

1938

1944

1950

1956

1939

1945

1951

1957

1958


Lincoln Penny worth Chart

Value graph spans the Wheat style years 1909 through 1958 the Lincoln cents. Native uncirculated coins collected by breakthroughs collectors to worn instances an affordable collection popular with young collectors. Determine date, mint and condition; a wide variety of worths is found and also identified.

Identify rare Pennies

Rare pennies are established in collection from wheat cents back to the at an early stage years of the us Mint. These one-cent and also half-cents coins first struck in 1793 have a variety of stand-out issues.

★Coin Values discovery finds 1940 Penny worth and...

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All us coin values. Identify your old coins using the image links leading to value charts. Date | Mintmark | problem are considered; every described and imaged within every series. Surprising value is often uncovered in the the smallest of detail.