Comments on: Australia’s First Million Dollar Penny and First Coin http://www.coinnews.net/2007/11/27/australias-first-million-dollar-penny-and-first-coin-3846/ CoinNews delivers breaking coin news, unique coin articles, coin news videos and free numismatic services for new and experienced coin collectors. Mon, 13 Feb 2012 22:25:46 +0000 hourly 1 By: MS.JERRY ANN MOORE http://www.coinnews.net/2007/11/27/australias-first-million-dollar-penny-and-first-coin-3846/comment-page-1/#comment-28714 MS.JERRY ANN MOORE Tue, 07 Dec 2010 14:52:37 +0000 http://www.coinnews.net/2007/11/27/australias-first-million-dollar-penny-and-first-coin-3846/#comment-28714 OK I HAVE DOLLAR PENNIE IT HAS AN EAGLE ON THE BACK OF IT PLEASE SEND FURTHER COMMENTS IF CAN OK I HAVE DOLLAR PENNIE IT HAS AN EAGLE ON THE BACK OF IT PLEASE SEND FURTHER COMMENTS IF CAN

]]> By: JeffK http://www.coinnews.net/2007/11/27/australias-first-million-dollar-penny-and-first-coin-3846/comment-page-1/#comment-24192 JeffK Thu, 27 May 2010 00:03:31 +0000 http://www.coinnews.net/2007/11/27/australias-first-million-dollar-penny-and-first-coin-3846/#comment-24192 Maria - this may not have been the best place to put your question, it being an article about Australian coins, but fortunately I stumbled onto it. Anyway, to answer your question about a 1946 US cent: All Lincoln cents minted from 1909 to 1958 had that famous "wheat ear" design on the back so your coin isn't unusual. Many people collect "wheaties" because they're a classic design and don't often turn up in circulation anymore. Most Lincoln cents from the 1940s and 1950s were made in enormous quantities and a lot of them were saved when the Memorial design came out in 1959. As a result the great majority of cents from that time period don't have much extra value, I'm afraid. In average circulated condition (some wear but all details visible) a 1946 cent might retail for anywhere from a dime to a quarter. Even nice uncirculated ones go for a dollar or so. It would cost more to sell it than it's worth, so my suggestion would be to hang onto it as a conversation piece/curiosity and a reminder of a very different time in American history. If you have additional coins questions there are many other sites with specific categories and experts who can answer them - ask.com, about.com, and a board I work for, wiki.answers.com are just a few. Maria – this may not have been the best place to put your question, it being an article about Australian coins, but fortunately I stumbled onto it. Anyway, to answer your question about a 1946 US cent: All Lincoln cents minted from 1909 to 1958 had that famous “wheat ear” design on the back so your coin isn’t unusual. Many people collect “wheaties” because they’re a classic design and don’t often turn up in circulation anymore.

Most Lincoln cents from the 1940s and 1950s were made in enormous quantities and a lot of them were saved when the Memorial design came out in 1959. As a result the great majority of cents from that time period don’t have much extra value, I’m afraid. In average circulated condition (some wear but all details visible) a 1946 cent might retail for anywhere from a dime to a quarter. Even nice uncirculated ones go for a dollar or so. It would cost more to sell it than it’s worth, so my suggestion would be to hang onto it as a conversation piece/curiosity and a reminder of a very different time in American history.

If you have additional coins questions there are many other sites with specific categories and experts who can answer them – ask.com, about.com, and a board I work for, wiki.answers.com are just a few.

]]> By: maria http://www.coinnews.net/2007/11/27/australias-first-million-dollar-penny-and-first-coin-3846/comment-page-1/#comment-24051 maria Tue, 25 May 2010 02:17:32 +0000 http://www.coinnews.net/2007/11/27/australias-first-million-dollar-penny-and-first-coin-3846/#comment-24051 I have a 1946 wheat penny that includes the "one cent" description on the back, do you think it has any value? I have a 1946 wheat penny that includes the “one cent” description on the back, do you think it has any value?

]]> By: abdullah http://www.coinnews.net/2007/11/27/australias-first-million-dollar-penny-and-first-coin-3846/comment-page-1/#comment-10774 abdullah Thu, 03 Sep 2009 05:50:16 +0000 http://www.coinnews.net/2007/11/27/australias-first-million-dollar-penny-and-first-coin-3846/#comment-10774 i got 2 brand new lincoln pennies ..i have been wondering if i save it will it be valuable later on in life? i got 2 brand new lincoln pennies ..i have been wondering if i save it will it be valuable later on in life?

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