1937 D Wheat Penny

Last updated: June, 13 2024

The 1937 D Penny minted in Denver has a D mint mark, and is valued at $20.00 in MS-65 RD condition. The majority of coins sales for the 1937 D 1c coin are made around the $3.50 price point, and loose specimens in cellophane sleeves or other holding types are generally only worth 50 cents. Post your questions and comments below.

1937 D Wheat Penny
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  • Key: Better Date
  • Year: 1937
  • Mint Mark: D
  • Type: Wheat Penny
  • Price: 50 cents-$20.00+
  • Face Value: 0.01 USD
  • Produced: 50,430,000
  • Edge: Smooth

Notes: When it comes to Wheat Cents, and or Lincoln Cents in general the Redder the better. There are 3 color distinctions used in regards to copper cents, and they are; Red (RD), Red Brown (RB), and Brown (BN). The most valuable of the 3 is the Red. So a certified Red (RD) copper cent is worth more than a certified Red Brown, and a Red Brown is worth more than a certified Brown.

The whole thing can be a bit confusing so to help you out we have created a Copper Cent Color guide to assist you in deciding what color your coin should be described as.

Copper Penny Color Guide

Copper Penny Color Guide


Production Chart

Questions & Comments

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Admin : Prices, including price scale, charting, and more details updated for the 1937 Lincoln Wheat Back cent. If you have any questions about this coin please let us know. Comments are welcome as well. Posted: June 13, 2024 6:21 pm

Price Chart

Rates listed here refer to professionally graded and slabbed coins. If new to collecting the prices below might not make sense.

Values listed here are the 1937 D RD (red) in color Wheat back cent.

  • Grade MS60 = $5-$4
  • Grade MS61 = $5-$9
  • Grade MS62 = $8-$13
  • Grade MS63 = $11-$18
  • Grade MS64 = $13-$21
  • Grade MS65 = $15-$25
  • Grade MS66 = $23-$38
  • Grade MS67 = $75-$125

Values listed here are the 1937 D RB (red brown) in color Wheat back cent.

  • Grade MS62 = $2-$4
  • Grade MS63 = $5-$9
  • Grade MS64 = $8-$13
  • Grade MS65 = $11-$19
  • Grade MS66 = $15-$25
  • Grade MS67 = $30-$50

Is the list above a little overwhelming? If so, take 5 minutes to learn all about Coin Grading.

It's also important to note...Prices are subject to the same supply and demand laws as everything else. Coins sold at the same auction house 10x, would fetch drastically different bids each session. To raise your chances of receiving top dollar read How to Get the Most for your Coins.

We've personally researched these values. If you enjoy our content please return the favor and share this page with your friends.

How much is a 1937 D Wheat Penny worth?

In Average Circulated (AC) condition it's worth around 50 cents, one in certified mint state (MS+) condition could bring as much as $20 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 1937, 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.

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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
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
Wheat Penny 1916 S $1.2k
Wheat Penny 1923 S $1.2k
Wheat Penny 1926 S $1.2k
Wheat Penny 1910 S $1,050
Wheat Penny 1912 D $1k
Wheat Penny 1918 D $1k
Wheat Penny 1927 S $1k
Wheat Penny 1921 S $950
Wheat Penny 1916 D $800
Wheat Penny 1926 D $800
Wheat Penny 1927 D $800
Wheat Penny 1928 S $800
Wheat Penny 1931 S $750
Wheat Penny 1931 D $725
Wheat Penny 1917 S $700
Wheat Penny 1920 D $700
Wheat Penny 1929 D $700
Wheat Penny 1924 $650
Wheat Penny 1912 $590
Wheat Penny 1909 S $550
Wheat Penny 1918 $550
Wheat Penny 1913 $500
Wheat Penny 1925 D $500
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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.

***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.