- Good condition: $0.05 - $0.15
- Very good condition: $0.15 - $0.30
- Fine condition: $0.30 - $0.60
- Very fine condition: $0.60 - $1.20
- Extremely fine condition: $1.20 - $2.50
- Uncirculated condition: $2.50 - $10 or more
Please note that these values are just estimates and actual prices can vary depending on the specific coin and the current market conditions. If you have a 1948 wheat penny that you believe may be valuable, it is recommended that you have it professionally appraised to determine its exact value.