- Year: 1923
- Mint Mark: S
- Type: Wheat Penny
- Price: $6.00-$1200.00+
- Face Value: 0.01 USD
- Produced: 8,700,000
- Edge: Smooth
Notes: RD (Red) worth at least a hundred dollars more in MS conditions than the RB (Red Brown) version. The San Francisco minted 1923 1C is worth many times more than its P minted relative.
Copper Penny Color Guide
Mintages
Questions & Comments
David1017 : I have a 1923 s in good condition i would like someone to look at it for me Posted: May 25, 2024 8:44 am
Admin : @David1017 I would first make a stop by a local coin shop and tell the owner you have a coin you would like for them to look at, and see if they think its worth having graded. Not all coins warrant the fee professional grading has attached to it. If its worth grading by all means send it to a company like PCGS, NGC, or even ANACS. Also be sure to read our article on coin grading explained that details the concept. Thanks for posting David! Reply posted: May 25, 2024 10:27 am
How much is a 1923 S Wheat Penny worth?
In Average Circulated (AC) condition it's worth around $6.00, one in certified mint state (MS+) condition could bring as much as $1,200 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 1923, 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.
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.
| Image | Year | Mint | Worth |
|---|---|---|---|
 |
1924 | S | $12k |
 |
1922 | D | $6k |
 |
1914 | D | $5.6k |
 |
1914 | S | $3.2k |
 |
1913 | S | $2k |
 |
1918 | S | $2k |
 |
1924 | D | $2k |
 |
1925 | S | $1.8k |
 |
1912 | S | $1.5k |
 |
1913 | D | $1.5k |
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| Image | Name | Mint | Worth |
Want more? Click here to see the most valuable coins ever minted.
***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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