Quick Answer: When Did The Us Mint Start Making Wheat Pennies?

Lincoln Pennies (1909-1958)

The United States Mint first produced the Lincoln wheat penny in 1909. Some mint years are worth significantly more than others, and the minting location can also affect the value of a penny. For example, a 1933-D could be worth $2.30 or more.

Lincoln Penny Value – What Dealers Pay

Lincoln Wheat Pennies in good condition can be worth anywhere from a few dollars to over $1000, and an NGC or PCGS grading service can help you figure out how much your penny is worth. The grading process is extremely thorough, and it can account for even minor grading flaws.

Lincoln Wheat Penny Value is Conditional

If the lines at the tops of the wheat stalks on the reverse of your Lincoln Wheat Penny remain crisp, clear, and robust, the coin may be in extremely fine condition for dealers and collectors.

Coin Grading Can Provide Peace of Mind

If you have an excellent Lincoln Wheat Penny and are unsure how it should be graded, sending it to NGC or PCGS may be a good idea. Coin grading services are in tune with the market and can give you a good idea of how much your penny is worth.

Mintmarks and the 1909 VDB

A “D” under the date indicates that the penny was minted in Denver, and some wheat pennies with the designer’s initials, “VDB” for Victor D. Brenner, were also produced in 1909. Check your 1909 Lincoln Wheat Penny to see if it has the VDB engraving.

Lincoln Wheat Penny Values Are Rising

New varieties such as double-dies or over-dates may be discovered, and the value of your Lincoln Wheat Penny may increase over time. All Market Updates are provided as a third-party analysis and do not necessarily reflect the explicit views of JM Bullion Inc.

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How much is a 1950 wheat penny worth with no mint mark?

Here’s how many 1950 wheat pennies were minted at each US Mint location, as well as how much circulated 1950 wheat pennies are worth today: 1950 penny with no mintmark (Philadelphia): 272,635,000 minted; Value: 3 to 15 cents

How much is a 1953 D mint wheat penny worth?

The 1953 D Wheat Penny is worth an average of 15 cents on CoinTrackers.com, but one in certified mint state (MS ) could be worth $12. (see details) Total Produced: 700,515,000 [?]

How much is a 1954 wheat penny with no mint mark?

Uncirculated 1954 penny with no mintmark u2014 $1 to $5

How much is a 1952 D mint penny worth?

A 1952-D penny in uncirculated or Mint State condition is worth $75 or more; a 1952-S penny in Mint State condition is worth $1.25. Proof 1952 pennies (made for coin collectors at the Philadelphia Mint) are worth $15 to $3,000.

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 much is a 1944 d wheat penny worth?

The 1944 D Wheat Penny is worth an average of 15 cents on CoinTrackers.com, but one in certified mint state (MS ) could be worth $6.

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.
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Is a 1953 D wheat penny rare?

More than 1.1 billion 1953 Lincoln cents were made for circulation, with another 128,800 proof 1953 pennies made specifically for coin collectors with special, reflective surfaces and nearly perfect strikes. So, in general, 1953 pennies are not rare.

How much is a 1943 D steel penny worth?

The 1943 D Steel Wheat Penny is worth an average of 45 cents on CoinTrackers.com, but one in certified mint state (MS ) could be worth $12 (see details).

Are all 1944 wheat pennies valuable?

As a rough estimate of this coin’s value, one in average condition could be worth around 15 cents, while one in certified mint state (MS) condition could fetch as much as $6 at auction (this price does not refer to any standard coin grading scale).

Is a 1952 D wheat penny rare?

The average value of a 1952 D Wheat Penny is 15 cents, but one in certified mint state (MS) could be worth $5, according to CoinTrackers.com. When we say average, we mean in a condition similar to other 1952 coins, and mint state means it has been certified MS by one of the top coin grading companies.

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.

Is a 1952 penny rare?

Despite the fact that the 1952 Lincoln Wheat penny is a fairly common coin, auction records show that some unusual specimens have been sold.

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