Hello, I'm an expert in numismatics, which is the study or collection of currency, including coins like the 1936 penny you're inquiring about.

The value of a 1936 penny can vary greatly depending on several factors, including its condition, mint mark, and whether it's a business strike or a proof coin.


1. Condition: A coin in mint or near-mint condition will be worth more than one that's heavily worn or damaged.


2. Mint Mark: The location where the coin was minted can also affect its value. For U.S. pennies, the mint mark is found on the reverse side (the tail side) of the coin, just below the rim. A "D" signifies it was minted in Denver, an "S" for San Francisco, and no mark means it was minted in Philadelphia.


3. Business Strike vs. Proof: A business strike is a coin made for general circulation, while a proof is a specially made coin with a mirror-like finish and sharper details, typically produced for collectors. Proof coins are generally more valuable.

For a common 1936 business strike penny in average circulated condition, it's typically worth just a few cents to a couple of dollars, depending on the mint mark. However, if it's in uncirculated condition, especially with a full luster, it could be worth more, potentially tens of dollars.

If it's a 1936 proof penny, it could be worth significantly more, especially if it's in high grade. Proof coins are collected for their quality and eye appeal, so their condition is crucial.

To get an accurate valuation, it's best to have the coin appraised by a professional coin dealer or numismatist. They can assess the coin's condition, rarity, and desirability in the collector's market.

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CoinTrackers.com has estimated the 1936 Wheat Penny value at an average of 35 cents, one in certified mint state (MS+) could be worth $15. (see details)...read more >>