How much is a 1941 penny worth now?

A 1941 penny is worth about $0.40 today. In terms of precious metals, it’s about $0.03, and in terms of what it could buy you, it’s about $0.06. The value of the penny has since declined quite a bit.

penny worth?

The 1941 penny was struck during the Franklin D. Roosevelt administration, issued in anticipation of entry into World War II and in commemoration of the 75th anniversary of the signing of the Declaration of Independence. While there are some hoards of these circulating today, many are in the process of being melted down. Others are in storage and worth very little.

What is a penny worth now?

The 1941 penny is worth about 1.76 cents in today’s money. If you have a bunch of old pennies laying around, you might want to take a moment to check the value of a penny. If you need to quickly convert your pennies to dollars, you can use the handy calculator below.

How much is a penny worth now?

The United States Mint officially stopped making pennies in 1971. The last penny rolled off the production line on February 15, 1971. From that date on, the penny was a one-dollar bill (or a nickel) in exchange for a dollar bill (or a nickel). And while that change made the penny obsolete, it didn’t hurt the value of the penny very much. As of June 30, 2018, the average value of a penny in circulation was just under $0.02

How much is a penny worth in gold?

The value of a 1941 penny in gold is now just $0.08. To put this in perspective, you’d need to have approximately $36,000 in pennies to equal the value of one ounce of gold. In other words, if you had $36,000 in pennies, you could trade them in for $36,000 in gold. If you had a lot of pennies, you could technically purchase about one ounce of gold per penny.