This listing is for one 1924-S Wheat Penny, as pictured. The majority 1924-S cents are a lower grade (G - F), and the value for this date and mint is heavily dependent on the grade.
This is an example of a very high grade, with little wear and it is free of blemishes, corrosion or damage. If you are looking for a value on a 1924-S, the grade is critical. Lower grades will fetch about $2 - $10, while grades at or above EF (extremely fine) will be worth about $40 to $150.
All three (Philadelphia, Denver and San Francisco) United States Mint locations were striking the Lincoln Wheat Penny again as of 1924, though mintage figures were still low overall. In fact, 1924 saw another semi-key date Lincoln Cent; 1924-D – one that is right on par with 1911-S in terms of rarity.
With only 2,520,000 struck, the 1924-D (Denver Mint) Lincoln Penny is indeed a scarce coin for collectors, and this fact is reflected in high pricing across the grading spectrum for this coin. Get ready to drop a minimum of $40 on a low-end circulated 1924-D wheat cent – and more than $500 if you can even locate a Brilliant Uncirculated example. No doubt, the 1924-D Lincoln Cent is one of the toughest regular-issue 1920s Lincoln Wheat Penny coins, and presents a real challenge to anyone who wants to buy one.
Thankfully for coin collectors on a budget, the 1924 (Philadelphia Mint) and 1924-S (San Francisco Mint) issues are generally much less costly than the 1924-D.
1924-S Wheat Penny - EF-40 Grade / Condition - San Francisco Mint - 1924 S Wheat Ear Cent