All about 1948 wheat pennies, including… How much a 1948-S penny is worth. How much a 1948-D penny is worth. How much a 1948 wheat penny with no mintmark is worth.The most valuable 1948 penny. How many 1948 pennies were made. Which 1948 wheat pennies are rare. And 1948 error pennies you should look for — including 1948 doubled dies and other oddities.