1947 Lincoln Penny (2024)

CoinTrackers.com estimates the value of a 1947 Wheat Penny in average condition to be worth 15 cents, while one in mint state could be valued around $35.00. - Last updated: March, 05 2023


1947 Lincoln Penny (1)

1947 Lincoln Penny (2)

1947 Lincoln Penny (3)

  • Year: 1947
  • Mint Mark: No mint mark
  • Type: Wheat Penny
  • Price: 15 cents-$35.00+
  • Face Value: 0.01 USD
  • Produced: 190,555,000
  • Edge: Smooth



Notes:

Copper Penny Color Guide

1947 Lincoln Penny (4)


Extra Information

The 1947 penny, also known as the Lincoln cent, is a United States coin that was produced by the U.S. Mint from 1909 to the present day. The 1947 penny features an image of President Abraham Lincoln on the obverse (front) of the coin, and a depiction of the Lincoln Memorial on the reverse (back) of the coin. The 1947 penny has a diameter of 19mm, a weight of 3.11 grams, and a composition of 95% copper and 5% zinc. It was the first year that the U.S. Mint used a new composition for the penny, changing from a composition of 95% copper, 5% zinc and tin to 95% copper and 5% zinc. The 1947 penny was minted in large numbers, with over 282 million produced that year across all three U.S. Mint locations: Philadelphia, Denver, and San Francisco. While the 1947 penny is not particularly rare or valuable, it remains a popular coin for collectors who appreciate its design and historical significance.

Errors

There are no major errors or varieties known to exist for the 1947 Lincoln cent. There are lamination, clipping, and die crack errors however. Nothing specific to 1947 however.


Mintages

1947 Lincoln Penny (5)

How much is a 1947 Wheat Penny worth?

In Average Circulated (AC) condition it's worth around 15 cents, one in certified mint state (MS+) condition could bring as much as $35 at auction. This price does not reference any standard coin grading scale. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1947, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?].


What are your coins really worth?

Use the handy-dandy calculator below to find the real value of any wheat penny in your collection.


1947 Lincoln Penny (9)


Specs & Design

This coin has a total mass of 3.11 g, a diameter of 19.05 mm, and a thickness of 1.55 mm. It's edge is smooth, and the coins are composed of 95% copper and 5% tin and zinc..


Designer: Victor D. Brenner


Front (Obverse): The front or obverse of this coin contains the bust of Abraham Lincoln, the 16th president of the United States. If a mint mark is present it will be on the bottom right just under the year. If no mint mark is present the coin was minted in Philadelphia. With D standing for Denver, and S standing for San Francisco. The words IN GOD WE TRUST follow the top arch of the coin nicely framing Lincolns head, and the word LIBERTY sits just left of President Lincolns Colar.


Back (Reverse): The reverse of the Wheat Penny, also known as the Wheat Cent contains two wheat stalks, the words One Cent, and the Latin phrase E PLURIBUS UNUM which means Out of many, one. The reverse image would later change in 1959.



Most Valuable

The most valuable Wheat Penny's. Prices listed are for MS-65 certified. Visit the link to learn more about each coin.

ImageYearMint Worth
1947 Lincoln Penny (10)1924S$12k
1947 Lincoln Penny (11)1922D$6k
1947 Lincoln Penny (12)1914D$5.6k
1947 Lincoln Penny (13)1914S$3.2k
1947 Lincoln Penny (14)1913S$2k
1947 Lincoln Penny (15)1918S$2k
1947 Lincoln Penny (16)1924D$2k
1947 Lincoln Penny (17)1925S$1.8k
1947 Lincoln Penny (18)1912S$1.5k
1947 Lincoln Penny (19)1913D$1.5k
1947 Lincoln Penny (20)1920S$1.5k
1947 Lincoln Penny (21)1915S$1.2k
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1947 Lincoln Penny (22)1989P$345.22
1947 Lincoln Penny (23)1989$345,000
1947 Lincoln Penny (24)1989D$345
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Call or visit your local coin dealer for more information.

We use user submitted pictures please read that article if you are interested in adding your own.

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1947 Lincoln Penny (2024)
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