Are 1940 wheat pennies worth anything?

Denver struck the fewest of the three varieties of 1940 wheat pennies. Higher value is noted with coins lightly circulated and better condition. These old pennies tend to accumulate debris within the lettering and date areas, a pleasing coin is noted as having little buildup or problems. "S" Mintmark Under Date: San Francisco Mint Struck the Coin

What is a 1940 Penny made of?

The 1940 penny is made of bronze – 95 per cent copper, with the remainder a mixture of tin and zinc. It weighs 3.11 grams and is 19 millimeters in diameter. Because of the high copper content, there’s considerable variation in the color of individual 1940 pennies. These may be graded either red, red and brown, or brown.

How much is a 1940 Philadelphia penny worth?

At MS67, the PCGS values a red 1940 Philadelphia penny at $200. The highest quality coins found to date are graded a point higher. The PCGS has certified nine of those, and values them at $9,000 apiece. A “D” below the date on the obverse of your 1940 Wheat penny means it was struck at the Mint facility in Denver.