Summary of Inflation Calculator
- What’s the error on a 1941 penny?
- Why is the 1941 penny so valuable?
- What year is penny worth $20,000 today?
- What penny is worth $85000?
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AI Overview
AI Overview
A 1941 penny’s value ranges from about 5 cents to a few dollars for circulated ones, but can reach hundreds or thousands of dollars for uncirculated examples or those with rare minting errors like doubled dies, with the 1941-S (San Francisco) often being more valuable in high grades. Most common 1941 pennies have little collector value beyond their age, but check for doubling on the date or lettering and any mint marks (D for Denver, S for San Francisco) for potential significant value, notes.
Typical Values (General Condition):
Circulated (Average): $0.05 – $0.80 (5 cents to under a dollar).
Uncirculated (Mint State): $1 – $5, but high-grade examples can go higher.
Factors Increasing Value:
Mint Mark: A ‘D’ (Denver) or ‘S’ (San Francisco) can increase value, especially the ‘S’.
Condition: Higher grades (closer to pristine) are worth much more.
Errors: Look for a Doubled Die Obverse (DDO), where the date or “LIBERTY” appears doubled. These are highly sought after.
How to Check for Errors:
Use magnification to look for doubling on the letters of “LIBERTY,” “IN GOD WE TRUST,” and the date.
Valuable Varieties:
1941-S: The San Francisco mint coin is often the most valuable in top condition.
Doubled Dies: Certain 1941 DDO varieties can be worth thousands.
In summary, most 1941 pennies are common, but yours could be valuable if it’s in pristine condition or has a rare error.
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What is a dollar worth?
This inflation calculator uses the consumer price index (CPI), which measures the average change in prices over time using a periodically updated market basket of goods and services. Through 1977, there was just one CPI measure. Starting in 1978, our calculator uses the CPI for all urban consumers (CPI-U).
The Minneapolis Fed maintains historical tables of inflation rates from 1913 to the present (when the modern methodology began) and estimated rates back to the year 1800 using various pre-1913 measures.
- Consumer Price Index and Inflation Rates, 1913–
- Consumer Price Index and Inflation Rates (Estimate), 1800–
You can get the latest monthly data and learn more about different measures of inflation from the Bureau of Labor Statistics.