Penny ValuePennies › Penny value chart › 1923
Lincoln Wheat cent1923 Wheat Penny Value
When worn, a 1923 Wheat Penny is typically worth about 7.5¢. The 1923-S Wheat Penny (about $98.00 when worn, a rough estimate from few sales) is a key date.
Photo credits
National Numismatic Collection, National Museum of American History (photo: Jaclyn Nash) (PD; source).jpg){kind=link}
Check your own 1923 penny
Take a photo of each side. Penny Value helps you narrow down which 1923 penny you have and what to check.
Check your own pennyPenny Value is an Android app for now, so it isn't on the App Store. The values and checks on this page are free to use.Penny Value is an Android app. Open this page on your Android phone to check your own penny with a photo.
Every 1923 penny
Worn = typical value when worn (Good to Very Fine); MS-60 = uncirculated. Values as of Q4 2026 · Penny Value estimates · not an offer to buy.
- 1923Philadelphia · 74.7 million made7.5¢worn$60.00MS-60
- 1923-SSan Francisco · 8,700,000 made$98.00worn$420MS-60
How to tell them apart
- S below the date: 1923-S
Mint marks
1923 pennies for circulation were struck in Philadelphia (no mint mark) and San Francisco (mint mark S). The mint mark is below the date, on the front.
Questions
How much is a 1923 wheat penny worth?
When worn, a 1923 Wheat Penny is typically worth about 7.5¢. The 1923-S Wheat Penny (about $98.00 when worn, a rough estimate from few sales) is a key date. These are Penny Value estimates as of Q4 2026, for information only.
Which 1923 pennies are worth the most?
Among 1923 pennies made for circulation: the 1923-S Wheat Penny (about $98.00 when worn, a rough estimate from few sales). Valuable pennies are often faked or altered, so check the signs first. Grading costs about $30–$70, so it usually pays only for coins worth more than about $150.
Where is the mint mark on a 1923 penny?
1923 pennies for circulation were struck in Philadelphia (no mint mark) and San Francisco (mint mark S). The mint mark is below the date, on the front.
Is a 1923 penny silver or copper?
Regular 1923 pennies are bronze (95% copper, 5% tin and zinc; about 3.11 g). A silver-colored 1923 penny has usually been plated or altered after it left the Mint.