As of 2014, the value of a 1933 Lincoln wheat penny ranges from 95 cents to $20.75, depending on the coin's condition and mint mark, according to CoinStudy.com. Coin collectors grade the condition of a coin on a scale of good, fine, extremely fine and uncirculated.
The 1933 pennies minted in Denver are worth slightly more than those minted in Philadelphia. An uncirculated 1933 penny with a Denver mint mark is worth $20.75, compared to $14.50 for a Philadelphia coin of similar condition. Generally, coins with an earlier date carry a higher price, with the most expensive Lincoln wheat pennies worth over $1,000.