1931 S Wheat Penny has estimated the 1931 S Wheat Penny Value | CoinTrackers at a minimum of $100, one in perfect condition can be worth $185 or more. (see details)...

1931 S Wheat Penny

Type: Wheat Penny
Year: 1931
Mint Mark: S
Face Value: 0.01 USD
Total Produced: 866,000 [?]
Silver Content: 0%
Numismatic Value: $100 to $185
Value: As a rough estimate of this coins value you can assume this coin in poor condition will be valued at somewhere around $100, while one in "perfect" condition can bring $185. This price does not reference any standard coin grading scale. So when we say poor, we mean worn more than would be expected from a coin in this age, and perfect meaning it looks "perfect" without flaw and possibly even certified. [?].

Additional Info: The 1931 San Fran minted Wheat Penny is one of a handful of pennies that could be considered to be key dates. Just 866 thousand of these were ever minted. While 866 thousand sounds like a large number it is small compared to the 34 million minted in 1930. That is supply and demand at work. Another S minted Wheat Penny would not be issued for another 4 years.

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**When we say that 866,000, of these coins were produced or minted in 1931 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

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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.

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