CoinValueDB
Obverse of 1924 San Francisco Wheat Penny

Obverse

Reverse of 1924 San Francisco Wheat Penny

Reverse

1924 San Francisco Wheat Penny

$0.5 – $400

The 1924 San Francisco Wheat Penny was minted at the San Francisco Mint with a mintage of 11,696,000. Values range from $0.5 in lower grades to $400 in top condition.

1924 | San Francisco | Mintage: 11,696,000
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Market Activity

SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $222 High: $2,350 Low: $0.50 16 total data points

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Good (G-4)
$33
Very Good (VG-8)
$0.75
Fine (F-12)
$76
Very Fine (VF-20)
$2
Extremely Fine (EF-40)
$95
About Uncirculated (AU-50)
$7
Mint State (MS-60)
$144
Choice (MS-63)
$1,188
Gem (MS-65) Best Value
$67
Superb Gem+ (MS-67)
$400
Under $100 $100 - $1,000 Over $1,000

Coin Specifications

Year
1924
Mint
San Francisco
Mintage
11,696,000
Composition
95% Copper, 5% Tin and Zinc
Weight
3.11g
Diameter
19mm
Edge
Plain
Designer
Victor D. Brenner
Series
Lincoln Wheat Cent (1909-1958)
PCGS #
2469

About the Lincoln Wheat Penny

The Lincoln Wheat Penny began production in 1909 to mark the centennial of Abraham Lincoln's birth. President Theodore Roosevelt selected sculptor Victor D. Brenner to design the coin. Brenner chose a profile of Lincoln for the obverse and two stalks of durum wheat for the reverse. This design replaced the Indian Head Penny, which had circulated since 1859. Production continued until 1958 with few major changes to the primary design. The mint restored the designer's initials, V.D.B., to the obverse (on Lincoln's shoulder) in 1918. The composition changed from 95% copper to a zinc-coated steel in 1943 due to World War II copper shortages. The series ended in 1958 when the Mint replaced the wheat ears with the Lincoln Memorial design.

Collecting Lincoln Wheat Penny Coins

Start your collection by purchasing a Whitman folder to organize coins by date and mint mark. Focus on the 1940s and 1950s first, as these dates remain inexpensive and easy to find in circulation. Watch for environmental damage like green corrosion or heavy scratching, as these flaws ruin a coin's value. Avoid buying high-value key dates like the 1909-S VDB or 1914-D without third-party certification, because counterfeiters frequently add fake mint marks to common coins.

This series includes key dates — check individual coin pages for rarity details.

Frequently Asked Questions

What is a 1924 San Francisco Wheat Penny worth? +
A 1924 San Francisco Wheat Penny is worth between $0.5 and $400 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1924 Lincoln Wheat Cent coins were made? +
The San Francisco Mint produced 11,696,000 1924 Lincoln Wheat Cent coins. Lower mintage numbers generally correlate with higher collector value.
Is the 1924 San Francisco Wheat Penny a key date? +
The 1924 San Francisco Wheat Penny is not considered a key date or semi-key date. However, condition is always important. A common-date coin in exceptional condition can still be quite valuable.
How much is a 1924-S Lincoln Wheat Penny worth? +
A 1924-S penny in good condition is worth about $15. Specimens in uncirculated condition command prices ranging from $300 to over $400 depending on the specific grade.
Is the 1924-S Lincoln Wheat Penny considered rare? +
The 1924-S is a semi-key date in the Lincoln Wheat Penny series. While 11,696,000 were minted, the number of surviving examples in high grade is low, which drives its value above common dates.

Related Guides

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