Here are some factors that can affect the value of a 1948s or 1948d wheat penny:
- Condition: The condition of a coin is one of the most important factors in determining its value. Coins that are well-preserved and have no damage or wear will be worth more than coins that are damaged or worn.
- Rarity: The rarity of a coin also plays a role in its value. Some coins are minted in smaller quantities than others, which makes them more rare and valuable. The 1948s wheat penny is a slightly rarer date than the 1948d wheat penny, so it is worth more.
- Mint mark: The mint mark on a coin indicates which mint it was minted at. There are three different mint marks: Philadelphia (P), Denver (D), and San Francisco (S). Coins with the S mint mark are the rarest and most valuable.
- Year: The year that a coin was minted can also affect its value. Some years are more popular than others, and coins from those years can be worth more. The 1948 wheat penny is not a particularly popular year, so it does not command as high a price as some other years.
If you have a 1948s or 1948d wheat penny, it is important to have it appraised by a professional numismatist to determine its exact value.