1940 penny worth is detailed on the graph in distinct categories. Of an initial importance is Date and Mint mark variety.

Mint marks identify the branch mint to mark the coin. Different values room attached depending on mint.

You are watching: What is a 1940 penny worth

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

Mint Mark and Grading condition are explored detailed following value chart.


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Steps bring about Value:

Step 1: Date and also Mintmark variety – recognize each date and also its mintmark variety. Production totals vary and result in accessibility of each variety. Step 2: Grading problem – Judge problem to identify grade.Step 3: Special attributes – details elements either enhance or detract from value.
1940 Lincoln penny ValueCondition the CoinDateGoodFineExtremelyFineUncirculated
1940 Lincoln Penny value 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 procedure is identifying the correct range of 1940 penny.

Confirm date and also mint combination. Images pinpoint location of mint marks and descriptions to mark differences.

An added step that Grading problem is preformed to small the value of every variety.

Stages the wear space imaged and used to complement your coin come a standard. Subtle details are described. First impressions room important. Irradiate wear on the coin v ample detail remaining quickly spots a premium wheat penny.

Begin through separating date | Mint note variety.

Step 1: | Date and also Mintmark Combination

1940 Lincoln Cent Mintmark Varieties

Three varieties of cent were win in 1940. The decade began with big qualities of pennies created in the year, over 781,000,000 as reported in mint records. Identifying selection finds distinctions in 1940 penny value.

1940 Lincoln Penny

No Mintmark Under Date: Philadelphia Mint struck the Coin


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1940 production of cents at Philadelphia is 6th highest of any kind of wheat cent year. 586,825,872 win (calendar year documents mint report). Rarity scale is Abundant. Circulated examples overcome existing coins remaining. Lightly worn coins are in need by young collectors starting collections.

1940 pennies, in any type of condition without noticeable marks are favored. A absence of dents to the rim and prominent locations - Lincoln"s portrait - are coins solid within a grade.

1940-D Lincoln Penny

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


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Denver to win the fewest the the three ranges of 1940 wheat pennies. Higher value is detailed with coins lightly circulated and much better condition.

these old pennies have tendency to accumulate debris in ~ the lettering and date areas, a satisfaction coin is detailed as having little buildup or problems.

1940-S Lincoln Penny

"S" Mintmark Under Date: san Francisco Mint struck the Coin


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

Large gives are easily accessible to collectors. These are inspected because that quality. Also coloring that a light tan come brown are a favorite. Spots and areas of darkness detract from eye appeal and also are discounted.

Step 2: | Judge problem to recognize Grade

Judge Condition and 1940 penny Value

Grading judges lot of wear showing up on a coin"s surface. A set of conventional Grades specifies the stages of condition. Collectors use grades in the value procedure and are detailed on the charts.

Handel your coins by the edges avoiding touching the surface. Copper choose up and reacts to most substances. Indigenous this point on conservation maintains value.


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

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

Eye very nice one of the 1940 penny instance is high due to the fact that of its initial freshly minted color and luster. Back subjective, a lustrous coin is renowned with collectors and awarded premium value. Keep in mind the areas of the coin are free of spots and also any distracting marks.


Extremely good Grade: through a light amount of wear evenly distributed over the surface, a wheat cent is graded exceptionally Fine condition. Wear must not reason any significant design facets to connect. Hair curls and also facial functions remain well rounded and also raised.

Viewing Lincoln"s cheek, the area just listed below his eye is contempt flattened. Also, a tiny area is simply showing undertake in former of the ear, yet is fine rounded. In between his cheek and also ear remains a slim depression, wear is confined come the high areas.

Light brown toning consists the example wheat cent. No huge marks distract the eye. A couple of tiny spots are listed in the field in prior of Lincoln. Legends and date are sharp and also well defined. A nice instance of the extremely fine grade.


Fine Grade: center wear has reduced high clues of architecture to noticeable flat areas on a wheat cent in fine grade. Lincoln"s hair has merged in locations just above the ear and also his coat shows wide flatness follow me the lapel.

Just in prior of Lincoln"s ear is a planarization area that currently connects come the smooth cheek below the eye. A once rounded profile to his cheek in currently a vast flat area. A hard grade fine example show a separation of cheek and jaw.

Strong details remaining in the hair curls, bow-tie, and also coat include to the overall nice "look" that the instance wheat cent. A young collector would consider the coin as component of a collection.


Good Grade: hefty wear spanning the entire main portion that a wheat cent areas it in the great grade. Lincoln"s hair is now largely flat, cloak is lacking detail along the back and shoulder, and facial attributes are one smooth plane.

Roundness and also height to Lincoln"s cheek is flat and merged with his ear. Any depression separating the 2 is gone. Wear has additionally connected the majority of style to his jaw.

Improving the instance coin"s marketability is the nice also toning. Irradiate brown shade indicates a well-preserved coin when it was removed from circulation. Lincoln"s portrait continues to be bold and fields lack any large marks. Despite heavy wear, a pleasing example of a good grade cent.


Video | Grading Lincoln Wheat Pennies

Grading Lincoln Wheat Pennies covers added points in greater detail when evaluate condition. Both the obverse and reverse of this wheat pennies have many locations to examine to assist establish and also confirm a grade. Once grading is finish you room in a position to establish true market value.

Step 3: | Special features Enhancing Value

Safe Coin warehouse Protects Future Value

One of the factors aiding in the popular of wheat cents is your availability. Billions to be produced and also millions were saved. Beginning collectors space attracted come the collection because of easy budget plan requirements assembling circulated sets. Very nice is expanded to advanced collectors search elusive mint state examples in height condition.


Every wheat cent reflects the level the preservation kept by exactly how they were stored over the years. Initial bright copper stays brilliant after ~ decades and nice vintage toning is attractive. Defended from taking care of results in maintaining coins appealing.


Left exposed, reactions v their surroundings pipeline unappealing surfaces. Uneven colour is distracting and the eco-friendly verdigris is destroying the surface. Both avoidable.


Any wheat cent worth over minimum value of a few cents is defended by separating individually. Quantities of average, minimum worth examples, space well kept by save in coin tubes. Each space special created the hobby come safely keep coins. A 2x2 Saflip (two pockets different coin indigenous label) and HE Harris coin tube are pictured. The article: providing Safe Coin warehouse explores in higher detail.

References

US Mint. 1941 us Mint yearly 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 | betterworld2016.org Articles


Date through 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 through DateIn Depth Lincoln penny 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 chart spans the Wheat architecture years 1909 with 1958 that Lincoln cents. Indigenous uncirculated coins gathered by breakthroughs collectors come worn instances an affordable collection popular with young collectors. Determine date, mint and condition; a wide selection of worths is found and identified.

Identify rare Pennies

Rare pennies are established in series from wheat cents back to the early on years that the united state Mint. This one-cent and half-cents coins very first struck in 1793 have a number of stand-out issues.

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

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All united state coin values. Acknowledge your old coins utilizing the photo links leading to value charts. Day | Mintmark | problem are considered; all described and also imaged within each series. Surprising worth is often discovered in the smallest of detail.