Expert: PAPAJACK - 8/1/2007

Question
i have a 1949 penny how much do you think it's worth and were can i sell it


Answer
Hello Allison,                      

Lincoln Wheat back Cents 1909 to 1958:  
For grading the Cent Lincolns bow tie and ear wear first. Also is there any mint mark on the coin?
Wheat cents were minted from 1909 to 1958, at the Philadelphia, Denver, and San Francisco Mints. If you see a "D" below the date, the coin was minted in Denver. If you see an "S" below the date, the coin was minted in San Francisco. If there is no letter below the date the coin was minted in Philadelphia.
A cent from these years in a lower grade (4 to 30) will sell for less than .50 cents each. Their value is all in their state of preservation. (Yours may be worth as little as .15 cents). If they show full details on the Jaw, Bow Tie and Wheat Heads they are much more collectable.

To sell it you can go to any shop but it may only get you a nickel. I give things like this out in a coin holder on Halloween with a bit of history written on it for the kids.

Good Luck

PapaJack