1934 Wheat Penny Value: What Is It Worth in 2026?
Mintage: ~219 million struck
Estimated value · Source: USACoinBook price guide (updated Feb 2026)
1934 Wheat Penny
Mint: Philadelphia (no mint mark)
Keep it
Common date: not worth selling one by one. Keep it for your collection, or bundle it with other wheat pennies by the roll or bag.
Value by condition
| Good (G-4, heavily worn) | $0.18 |
| Very Good (VG-8) | $0.22 |
| Fine (F-12) | $0.24 |
| Very Fine (VF-20) | $0.36 |
| Extremely Fine (XF-40) | $1.24 |
| About Uncirculated (AU-50) | $4.96 |
| Mint State (MS-63, uncirculated) | $10 |
A 1934 Lincoln Wheat Cent struck at the Philadelphia (no mint mark) mint — a later common date, affordable in circulated grades.
See the full page for this coin (mintage, how to identify it, where to sell)1934 wheat penny no mint mark value
If your 1934 penny has no letter below the date, nothing is missing and nothing is wrong — it was struck at the Philadelphia Mint, which did not mark its cents. "No mint mark" and "P" are the same coin, so the price table above is exactly the one to use.
In worn condition that puts your coin around $0.18, rising to $10 in uncirculated mint state. The 1934-D version (with a letter under the date) is a different coin — check the related links below if yours has one.
How to confirm it's genuine
- The mint mark sits directly below the date — no letter means Philadelphia (P). A magnifier with light at a 45° angle works best.
- Never clean the coin: cleaning destroys the original surface and can cut the value in half.
- For any coin worth more than $200, PCGS/NGC grading fees (~$20–50) are money well spent.
Where to sell this coin
- eBay works best in the $1.00–$200 range. Take clear photos of both sides in natural light, and put the year, mint mark, and approximate grade in the title.
- A local coin dealer is the fastest way to cash out, but expect 60–70% of guide prices. Best for selling common dates in bulk.
- Graded high-value coins do best at auction houses like Heritage Auctions or Stack's Bowers, where realized prices are public.