Friday, October 10, 2014

1934 Wheat Cent

In the early 1930s they drastically cut back on coin making, by 1934 the economy was recovering so they increased it by hundreds of millions. This 1934 coin is common but still it is 80 years old.

When the economy is weak coin production is cut back. Simply put if poor or middle class people are not buying stuff then this happens. Once more people have money and use it then they start making more coins.

Here's the stats...
Type/Country: 1 Cent / United States
Year: 1934
Mintage: 219,080,000
Metal: 95% Copper, 5% Tin and Zinc
Value: $0.15 in G-4

Do you have an older cent and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

0 dollars worth, for Comments/Questions click here.: