1924 S Wheat Penny

CoinTrackers.com estimates the value of a 1924 S Wheat Penny in average condition to be worth $4.00, while one in mint state could be valued around $12,000.00. - Last updated: March, 03 2023

1924 S Wheat Penny
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  • Year: 1924
  • Mint Mark: S
  • Type: Wheat Penny
  • Price: $4.00-$12000.00+
  • Face Value: 0.01 USD
  • Produced: 11,696,000
  • Edge: Smooth

Notes: The 1924 D and the 1924 S are both worth significantly more than the same coins from the P mint. As always the Red (RD) flavors of this coin are worth the most. Great values listed are for MS65 Red specimens graded by a company like PCGS or NGC.

Copper Penny Color Guide

Copper Penny Color Guide

1941 Penny Errors
  1. 1941-S Doubled Die Penny: Most well known error associated with the 1924 wheat cent. It features a doubled image on the front of the coin caused by a mistake during the minting process. $900+ USD
  2. 1941 Double Die Obverse Penny (non S): This is another double die error that affects the obverse (front) of the coin. It is less rare than the 1941-S doubled die. $20-$300
  3. Repunched Mint Mark (RPM): Mint Mark has been repunched. Very hard to price.
  4. Die cracks and breaks: Die Crack Errors. When the die breaks and is still in use. Look for raised lines on the coin.

Mintage Numbers

Production Chart

How much is a 1924 S Wheat Penny worth?

This section is more of a layman's guide, for those new to collecting.

In Average Circulated (AC) condition it's worth around $4.00, one in certified mint state (MS+) condition could bring as much as $12,000 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 1924, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?].

If you are a fan of coin roll hunting or just want to learn more about wheat pennys then search or scroll below to find the most valuable and rarest in this series.

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
Wheat Penny 1924 S $12k
Wheat Penny 1922 D $6k
Wheat Penny 1914 D $5.6k
Wheat Penny 1914 S $3.2k
Wheat Penny 1913 S $2k
Wheat Penny 1918 S $2k
Wheat Penny 1924 D $2k
Wheat Penny 1925 S $1.8k
Wheat Penny 1912 S $1.5k
Wheat Penny 1913 D $1.5k
Wheat Penny 1920 S $1.5k
Wheat Penny 1915 S $1.2k
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1989 P $345.22
1989 $345,000
1989 D $345
Image Name Mint Worth

Want more? Click here to see the most valuable coins ever minted.

Hardest to Find

The rarest and hardest to find Wheat Penny's Check out each link to learn more about each coin.

What is the rarest Wheat Penny?

Name Produced
1931 S 866,000
1914 D 1,193,000
1909 S 1,825,000
1924 D 2,520,000
1911 S 4,026,000
1914 S 4,137,000
1912 S 4,431,000
1931 D 4,480,000
1926 S 4,550,000
1935 D 4,700,000
1915 S 4,833,000
1910 S 6,045,000
1913 S 6,101,000
1933 D 6,200,000
1922 D 7,160,000
1923 S 8,700,000
1932 9,062,000
1912 D 10,411,000
1932 D 10,500,000
1924 S 11,696,000
Name Produced

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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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