What is the value of a 1949 US cent?

As with all coins, the value depends greatly on the condition and the mint mark

Look on the front of the coin to see if there's a small mint mark letter below the date. It may be blank or there may be a D or S.

Numismedia lists the following approximate retail values as of 02/2014:

No mint mark (Philadelphia):

Very worn condition - $0.05

Moderately worn - $0.06

Slightly worn - $0.07

Almost no wear - $0.10

Uncirculated - $0.75 to $11.25 depending on quality

"D" mint mark (Denver):

Very worn - $0.05

Moderately worn - $0.08

Slightly worn - $0.09

Almost no wear - $0.20

Uncirculated - $0.46 to $16.25

"S" mint mark (San Francisco):

Very worn - $0.06

Moderately worn - $0.09

Slightly worn - $0.10

Almost no wear - $0.20

Uncirculated - $1.15 to $27.50

Cents that are graded as Full Red due to their color can be worth significantly more in uncirculated condition:

1949: $11.50 to $1800.00

1949D: $7.00 to $750.00

1949S: $6.00 to $275.00

DISCLAIMER: The retail values quoted are the best available as of the date shown, but may vary due to market fluctuations. Also the wholesale (buying) price of a coin will be less than the selling (retail) price. A reputable coin dealer will be able to give a more accurate valuation based on inspection of the coin.

1949 penny; With no mint mark, in very fine condition-$0.10, in uncirculated condition-$1.75. With D mint mark, in very fine condition-$0.10, in uncirculated condition-$2.00. With S mint mark, in very fine condition-$0.20, in uncirculated condition-$4.25