How much is a 1941 penny worth in 2020

How much is a 1941 penny worth in 2020?

A 1941 penny is worth about $0.01 in 2020. This penny was struck in 1941 and was struck from copper-nickel alloy. It’s worth about $0.01 in raw metal. If it’s in nice condition, you can sell it for scrap for around $0.005. If it’s not in nice condition, you can sell it for about $0.0025 for its copper value alone.

How much is a penny worth in ?

1941 was the first year of the wartime penny, which means that it was the first year that the United States discontinued making pennies from copper and switched to zinc. In terms of the value of a 1941 penny, 1941 is a great year to look at. Because it was the first year that the penny was made out of zinc, the year 1941 is when the penny really started to lose its value as inflation began to take hold. The value of a 1941 penny has fluctuated

How much is a penny worth in silver?

A 1941 penny in silver is worth about $5.40. If you have a penny hoarding problem, consider melting down your penny hoard and investing the money in silver. If you want to sell your 1941 penny, you can sell it through an online auction company.

How much is a penny worth in Canadian dollars?

A 1941 penny may be worth around $0.01 in today’s money. However, these low value coins have to be evaluated in the context of their time. The value of 1940s money is dependent on the supply of other economic factors at that time, such as the value of the dollar. In the 1940s, a penny was equal to about seven cents, making a 1941 penny worth about one-seventh of a dollar.

How much is a penny worth today?

A penny is worth about 3.3 cents today. This equates to around $0.004. This is because the United States Mint stopped making pennies in 1971.