Do You Have a Valuable Lincoln Wheat Penny?
Only 484,000 coins were produced after the United States Mint stopped producing Indian Head pennies in 1909 and began producing Lincoln cents. This coin is easily identified by the “S” under the date on the obverse and Brenner’s initials “V.D.B.” on the reverse.
When was the last Wheat back penny made?
Whether or not the 1959-D Lincoln wheat cent is genuine or a forgery, regular-issue Lincoln wheat cents were last struck in 1958, and they are still plentiful and relatively inexpensive (they’re even occasionally found in circulation).
What years of Wheat pennies are valuable?
Most wheat cents (wheat pennies were minted between 1909 and 1956) are worth about 4 to 5 cents, but better examples (especially those in near-perfect condition) can be worth much more. Indian Head pennies from 1859 to 1879 are generally worth more than $10.
What is the rarest Wheat penny?
Wheat Pennies with the Highest Value
- The 1944 Steel Wheat Penny is valued at $500,000. The 1943 Copper Wheat Penny is valued at $100,000. The 1914 D Wheat Penny is valued at $10,000. The 1922 D Wheat Penny is valued at $6,000. The 1926 Wheat Penny is valued at $4,000.
How much is a 1943 Wheat back penny worth?
In circulated condition, they are worth about 10 to 13 cents each, and in uncirculated condition, they can be worth up to 50 cents or more.
Should I clean my wheat pennies?
Cleaning foreign coins, Morgan dollars, wheat pennies, and other valuables to remove corrosion is a delicate and dangerous task; we do not recommend cleaning rare coins if you plan to sell them because cleaning such valuable items devalues them.
What makes a 1957 D penny rare?
Higher grades are elusive due to the Denver mint’s bulk handling of coins, which resulted in all coins having some minuscule bag marks; problem free circulated examples can be purchased for about 10 to 15 cents.
What is the rarest Kennedy half dollar?
A 1964 Kennedy Half Dollar Snatches A World-Record $108,000! Heritage Auctions held a public auction of rare U.S. coins on Thursday, April 25, 2019, and a 1964 Kennedy Half Dollar sold for a world record $108,000, making it the most expensive coin of its type.
Why is 1944 wheat penny rare?
The 1944 Lincoln penny is particularly desirable to collectors, not only because of its design, but also because of its scarcity: because no more 1944 Lincolns are being produced, their scarcity is constantly increasing, making the coins more valuable.
How many 1943 copper pennies have been found?
A total of 27 1943 copper wheat pennies have been confirmed to exist and graded, including six of the 1943-S and the one-of-a-kind 1943-D. PCGS has graded seven of the 27 and NGC has graded 13.
Is a 1944 wheat penny worth anything?
The 1944 S Wheat Penny is worth an average of 15 cents on CoinTrackers.com, but one in certified mint state (MS ) could be worth $8.
What pennies are worth saving?
Investing in Old Pennies
- All pre-1982 pennies should be kept. If you can tell the difference between 1982 brass and zinc pennies, keep the brass ones.
- All wheat pennies should be kept.
- Keep all pennies (even recent ones) that appear to be u201coffu201d u2014 they could be error or die variety coins.
What year is a penny worth 1 million dollars?
Legend Numismatics of Lincroft, New Jersey, announced in September 2012 that Bob R. Simpson, co-chairman of the Texas Rangers baseball team, had paid $1 million for the finest known 1943-S Lincoln Wheat cent on a bronze planchet.
Why is a 1943 penny so valuable?
The Mint resumed production of copper pennies after the war, but only a few copper pennies were produced in 1943, possibly because copper plates were accidentally left in a few machines. While the 1943 steel pennies are worth a few dollars, the rare copper version is worth more.
How much is a 1943 zinc coated steel penny worth?
A 1943 penny in circulated condition is not worth much because they are so common; according to USA Coin Book, a 1943 steel penny in circulated condition is worth between 16 cents and 53 cents; however, Heritage Auctions sells 1943 steel pennies in pristine, uncirculated condition for more than $1,000.